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re: Newsflash: I am not an economist, but this a'int good

Posted on 3/11/11 at 2:06 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 3/11/11 at 2:06 pm to
I'll put lipstick on the pig. Keep in mind that you're comparing apples and oranges. Just because the economy overall is getting better doesn't mean everyone is doing better.

For example, if you held down a job but didn't work very productively and got laid off, the company is better off even though life sucks for you.
Posted by KnoxvilleBerryTiger
Member since Mar 2006
3412 posts
Posted on 3/11/11 at 3:38 pm to
agreed, that one's fate is not inherently tied to another's. Those are apples and oranges but I am referencing the nation's economy as a whole.

I have said all along, that just because it is very slightly less bad does not mean that things will become good. How do you connect those dots with objective data or even with time honored projection?

Again, I am speaking of our nation doing better as a whole, not of people with interspersed success and failure.


It just doesn't add up.


This post was edited on 3/11/11 at 9:36 pm
Posted by tmoney
Louisiana
Member since Aug 2008
1264 posts
Posted on 3/12/11 at 7:00 pm to
quote:

Just because the economy overall is getting better


You joking right?

Dollar is at historic lows against 5 major currencies. Debt/defecit is at all time highs. inflation is growing. we have to borrow to service the intrest on the money we previously borrowed. Keep rearranging those deck chairs and ignore the ice berg!
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