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Reply #5: The huge bubbles created by Greenspan's accommodation of junior's [View All]

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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-07-08 07:01 AM
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5. The huge bubbles created by Greenspan's accommodation of junior's
tax cuts just might ultimately make this seem like a walk in the park 'cause our economy is likely to contract at an accelerating rate due to the housing debacle, tight credit, and spiraling energy and food prices. It's great fun watching those RW talking heads on the likes of CNBC trying to explain all this away, like everything will be coming up roses for you and me and all Americans. Remember tens of millions of Americans were chanting four years ago: four more years, four more years although the die had long been cast. :D
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  -285 K jobs lost in May unlawflcombatnt  Jun-07-08 02:50 AM   #0 
  - Over a QUARTER OF A MILLION jobs in ONE MONTH!  gateley   Jun-07-08 03:07 AM   #1 
  - You should be  unlawflcombatnt   Jun-07-08 06:06 PM   #6 
  - Effect of Employment Report on Markets  unlawflcombatnt   Jun-07-08 03:22 AM   #2 
  - Make that  laylah   Jun-07-08 06:30 AM   #3 
  - Welcome To Stagflation...  KharmaTrain   Jun-07-08 06:52 AM   #4 
  - The huge bubbles created by Greenspan's accommodation of junior's  indepat   Jun-07-08 07:01 AM   #5 
  - Bailing out Rich Financiers  unlawflcombatnt   Jun-07-08 08:21 PM   #7 
     - 'cause then, some will trickle down to the little people  indepat   Jun-08-08 10:28 AM   #8 
  - How did I miss this yesterday? Kicking anyway. n/t  lumberjack_jeff   Jun-08-08 10:40 AM   #9 
  - 87 million Americans of working age are unemployed  leftofthedial   Jun-08-08 10:45 AM   #10 
  - no, not all working Americans are in the labor force  The Inquisitive   Jun-08-08 12:50 PM   #11 
  - I'm not talking about the technical definition.  leftofthedial   Jun-08-08 02:21 PM   #16 
  - 40% is a little high.  KillCapitalism   Jun-08-08 01:52 PM   #12 
  - Living in Michigan, I think most of the State runs at close to 40percent  sarcasmo   Jun-08-08 02:08 PM   #14 
  - 300 million people in the US. 100 million (plus) are kids and old folks and infirm.  leftofthedial   Jun-08-08 02:24 PM   #17 
  - That's not how unemployment has EVER been measured.  Zynx   Jun-08-08 02:11 PM   #15 
  - EVER?  leftofthedial   Jun-08-08 02:26 PM   #18 
     - Um, no. Never.  Zynx   Jun-08-08 02:45 PM   #19 
        - number of workers without jobs divided by total number of workers in the population?  leftofthedial   Jun-08-08 06:37 PM   #20 
        - From Wiki  leftofthedial   Jun-08-08 11:27 PM   #21 
  - In 2000 the employment to population ratio was 73%. Today it is 71%.  lumberjack_jeff   Jun-08-08 11:33 PM   #22 
  - Didn't Bush say it was because of all the high school graduates, LMFAO.  sarcasmo   Jun-08-08 02:06 PM   #13 

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