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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
MisoWeaver Donating Member (99 posts) Send PM | Profile | Ignore Mon Oct-23-06 07:12 PM
Response to Original message
9. Sure it does
Its part of the engine that drives the economy. We do live in a Market Economy.


If you don't believe me that think about how many people would lose their jobes of the Markets fell to half of their value tomorrow.

How many do you think?

With those people out of work, not speading money on un-necessiary things, how many others will be laid off as a result?

And so it goes... like dominoes.
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  -HOW does a 12000+ Dow Average put food on a working class table? HOW? Human Torch  Oct-23-06 06:56 PM   #0 
  - it doesn't..  frylock   Oct-23-06 06:58 PM   #1 
  - While your title is technically correct...  Dick Diver   Oct-23-06 06:58 PM   #2 
  - OOPS...fixed, and thanks...n/t  Human Torch   Oct-23-06 07:00 PM   #5 
  - It doesn't.eom  nam78_two   Oct-23-06 06:59 PM   #3 
  - Who is saying it does?  slackmaster   Oct-23-06 06:59 PM   #4 
  - In a better world...  Bill McBlueState   Oct-23-06 07:01 PM   #6 
  - There is the Misery Index to consider.  Efilroft Sul   Oct-24-06 08:26 AM   #54 
  - It's at 12K because WS knows the middle class is fucked. nt  TomInTib   Oct-23-06 07:02 PM   #7 
  - Tinkle Down  louis-t   Oct-23-06 07:11 PM   #8 
  - Sure it does  MisoWeaver   Oct-23-06 07:12 PM   #9 
  - So the economy is driven  Oeditpus Rex   Oct-23-06 07:33 PM   #11 
  - Deleted message  Name removed   Oct-23-06 08:33 PM   #14 
     - Welcome to DU  Oeditpus Rex   Oct-23-06 08:37 PM   #15 
     - Thanks You  MisoWeaver   Oct-23-06 08:42 PM   #18 
        - If You Are Gonna Push Market Theory Learn How To Fucking Spell It  Binka   Oct-24-06 04:30 AM   #31 
        - Guess what?  sendero   Oct-24-06 06:24 AM   #37 
     - Ib et it i sdriven by that.  HughBeaumont   Oct-23-06 09:13 PM   #19 
     - You spell like a FReeper.  Crunchy Frog   Oct-23-06 10:40 PM   #20 
     - And nobody is going to invest in an economy in which there's no aggregate  1932   Oct-24-06 06:37 AM   #39 
  - So when do I get either a raise or have my bills & expenses lowered?  Dr Fate   Oct-23-06 07:50 PM   #13 
  - You'll get a raise when you deserve it  MisoWeaver   Oct-23-06 08:41 PM   #17 
     - If the DOW was at 6000k rather than 12k  Crunchy Frog   Oct-23-06 10:45 PM   #21 
     - Classic Republican logic  WildEyedLiberal   Oct-23-06 11:28 PM   #23 
     - Wow Burgers Of "Sitting Back Whining And Sour Grapes"?  Binka   Oct-24-06 04:35 AM   #32 
     - If I were you, I'd invest in a remedial English class  theHandpuppet   Oct-24-06 05:52 AM   #34 
     - Let me guess, you are an english teacher, in grammer school...  Rebellious Republican   Oct-24-06 05:55 AM   #35 
     - Chico, you're really being arrogant.  Efilroft Sul   Oct-24-06 08:36 AM   #55 
     - My job performance is not issue- the issue is an improving economy.  Dr Fate   Oct-24-06 12:19 PM   #60 
  - Actually, while you are correct to a certain point, the way the overall  MadHound   Oct-24-06 06:13 AM   #36 
  - Good informative post.  Jim4Wes   Oct-24-06 08:58 AM   #56 
  - Good points about the DOW  Lasher   Oct-24-06 09:59 AM   #57 
  - Where do they make "Tickle Me Elmo"?  TheFarseer   Oct-24-06 09:45 PM   #63 
  - We're called peons  hobbit709   Oct-23-06 07:13 PM   #10 
  - It doesn't. In fact, Wall Street does just great when companies  Union Thug   Oct-23-06 07:45 PM   #12 
  - Has gas prices continued to drop in your area's??  Imagevision   Oct-23-06 08:41 PM   #16 
  - Easy, 401k loan!  Paulie   Oct-23-06 11:09 PM   #22 
  - ECONOMY 101  fuzzyball   Oct-23-06 11:54 PM   #24 
  - Economy 202  sandnsea   Oct-24-06 12:53 AM   #25 
  - US unemployment is now lower than in many many years  fuzzyball   Oct-24-06 01:57 AM   #27 
     - Due to self-employment  sandnsea   Oct-24-06 02:02 AM   #28 
     - How can anyone fudge the US Treasury tax collection data?  fuzzyball   Oct-24-06 02:23 AM   #29 
        - If tax reveneus are up because of stock sales and 10% of Americans  1932   Oct-24-06 06:33 AM   #38 
        - Personal tax revenues, American middle class, Gap between rich & poor  fuzzyball   Oct-24-06 10:55 AM   #58 
           - No. The gap does have a huge impact on social health and well-being  1932   Oct-24-06 10:06 PM   #64 
        - See post below about offshore accounts  OzarkDem   Oct-24-06 08:14 AM   #52 
        - Where did I say that?  sandnsea   Oct-24-06 10:58 AM   #59 
     - So are US wages n/t  OzarkDem   Oct-24-06 08:11 AM   #51 
     - What!!!!!  raccoon   Oct-24-06 02:20 PM   #61 
        - Check into want ads in Sunday's Chicago Tribune...n/t  fuzzyball   Oct-24-06 08:07 PM   #62 
           - In some cases, maybe the majority, that's a point. However,  raccoon   Oct-25-06 07:51 AM   #65 
  - Downside of your argument  OzarkDem   Oct-24-06 08:11 AM   #50 
  - it puts another Rolls in the rich man's garage  leftofthedial   Oct-24-06 01:08 AM   #26 
  - get trained as a Rolls mechanic, Yacht maker, or mansion builder...  fuzzyball   Oct-24-06 02:24 AM   #30 
  - The DOW is actually down  KayLaw   Oct-24-06 05:32 AM   #33 
  - Simple answer  Beacho   Oct-24-06 06:45 AM   #40 
  - What If The Dow Lost Most Of It's Value?  DemocratSinceBirth   Oct-24-06 06:55 AM   #41 
     - I said one is not the other  Beacho   Oct-24-06 07:42 AM   #46 
        - You Had Rampant Real Estate Speculation...  DemocratSinceBirth   Oct-24-06 07:49 AM   #47 
  - Dow Jones IS Meaningless Fluff  primative1   Oct-24-06 07:04 AM   #42 
  - It will help put food on my table in a couple of years  RebelOne   Oct-24-06 07:14 AM   #43 
  - But how have they done over past 6 years?  primative1   Oct-24-06 07:17 AM   #45 
  - Isn't it obvious how the working class makes out?  Vinca   Oct-24-06 07:14 AM   #44 
  - So no one has  DocSavage   Oct-24-06 08:03 AM   #48 
  - Its money coming in from offshore "tax dodge" accounts  OzarkDem   Oct-24-06 08:07 AM   #49 
  - THe Dow isn't really geared for currnet income for most people anyway  Sammy Pepys   Oct-24-06 08:23 AM   #53 
 

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