Barack Obama

grantcart

(53,061 posts)

29. There is no one indicator that can capture the entire economic reality.

Sat Apr 20, 2013, 03:39 PM

Apr 2013

As many have pointed out unemployment, though down, still remains high.

A better metric, IMHO is a comparison with the Euro because you are comparing similar economic systems competing against each other at the same time.

This graph (set to 2009 to the present) shows that the USD has gained against the Euro by about 20%.

Again not a complete picture but part of it.

If you want more stimulus and more legislation helping those at the bottom then you have to elect a different House.

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You've Got to Admit Though, the Economy Has Really Gone South Under Obama... [View all] LAGC Apr 2013 OP

Wall Street Is Not Main Street cantbeserious Apr 2013 #1

True, but a rising tide does lift all boats to an extent. LAGC Apr 2013 #2

Please, Do Not Quote Ronald Reagan - The Long-Term Unemployed Will Laugh In Your Face cantbeserious Apr 2013 #3

Do you really think things haven't improved since 2008 for most people? LAGC Apr 2013 #4

For Main Street - We Have Yet To Regain Where The Economy Was In 2008 cantbeserious Apr 2013 #5

And where would we be if the right-wing GOP assholes didn't control the House, NYC Liberal Apr 2013 #12

They only work for themselves first, for those who sign them big checks second, Amonester Apr 2013 #16

That kind of chart is worthless in my opinion. TexasTowelie Apr 2013 #17

Individual Opinion Is Usually Not The Last Word And That Is A Good Thing cantbeserious Apr 2013 #19

Pardon me. TexasTowelie Apr 2013 #20

I Have A Degree In Engineering - Touche cantbeserious Apr 2013 #21

Then you are well aware that statistics can be manipulated to TexasTowelie Apr 2013 #22

All The Recent "Main Street" Economic Data Is Pointing To A Slow Down cantbeserious Apr 2013 #23

+1 Newest Reality Apr 2013 #15

Strong gates didn't help the Romanoff's much, did they? IrishAyes Apr 2013 #35

That's for sure ... Newest Reality Apr 2013 #38

If only money were water and people were boats. (nt) harmonicon Apr 2013 #11

Sure does. That's why poverty is at a 20 year high. They get richer, and more people wind up jtuck004 Apr 2013 #13

Rising tides IrishAyes Apr 2013 #34

I believe JFK made that quote famous, not Saint Ronnie. eom BlueCaliDem Apr 2013 #44

The Economy is slowly getting better since bush crashed it. Cha Apr 2013 #24

Thank you for the reminder, Cha! I'm sick and tired of Anti-Obamanites infesting every MB BlueCaliDem Apr 2013 #31

All that chest beating they do fails to impress. IrishAyes Apr 2013 #36

That chart doesn't help people within ten years Ilsa Apr 2013 #6

For those seeking to destroy the middle class it has. liberal N proud Apr 2013 #7

You know who owns the majority of stock in the US? fasttense Apr 2013 #8

The Dow is doing great mindem Apr 2013 #9

I think he has been great for the middle class. Cha Apr 2013 #25

And the poor. IrishAyes Apr 2013 #37

Of which I am Cha Apr 2013 #39

Well, I have less materially than before retirement IrishAyes Apr 2013 #41

I so hear you, IrishAyes. It's our time Cha Apr 2013 #42

Good times for CEO's MotherPetrie Apr 2013 #10

Yeah. Next time, let's get out the vote like in 2014 and give the Repubs the boot! BlueCaliDem Apr 2013 #32

Agreed. Worst economic crash in history-even 1929 ErikJ Apr 2013 #14

The jobless numbers are gamed. The CPI is only going to make things worse. Baitball Blogger Apr 2013 #18

The CPI hasn't happened. Things are slowly getting better from Cha Apr 2013 #26

That sounds like a RW talking point. NYC_SKP Apr 2013 #27

Thanks for the link Cha Apr 2013 #28

There is no one indicator that can capture the entire economic reality. grantcart Apr 2013 #29

thank you, Cha Apr 2013 #30

welcome. here is the graph I forgot to link grantcart Apr 2013 #33

2000-2008 was just a figment of everyone's imaginations. Jamaal510 Apr 2013 #40

Oh but it is all gains to Wall Street and the 1%!!!!!!!! treestar Apr 2013 #43

Not only our "CONservative friends". Plenty of Ultra-Leftwingers mimicking the same BS BlueCaliDem Apr 2013 #45