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Started By
Message
The U.S. Economy is back
Posted on 12/26/14 at 10:44 am
Posted on 12/26/14 at 10:44 am
Its been 6? Long years
So, no double dip recession...
Jobs seem to be plentiful...
This minimum wage thing seems to be a slick way of pumping more money back into the economy...
But there is still that pesky job pariticipation rate number...
quote:
The Commerce Department said Tuesday that GDP expanded at a surprisingly strong 5.0 percent annual rate in the third quarter—the fastest pace since the third quarter of 2003.
quote:
This year's convincing job gains are boosting consumer confidence and—more importantly—helping to shore up household finances. Americans continue to pay down debt, which together with low interest rates has helped reduce the cost of paying off mortgages, car loans and other forms of borrowing. Lower borrowing costs have helped boost savings.
So, no double dip recession...
Jobs seem to be plentiful...
This minimum wage thing seems to be a slick way of pumping more money back into the economy...
But there is still that pesky job pariticipation rate number...
quote:
Millions of discouraged workers have given up looking for a job, and wage gains have been sluggish for those who have one
13
Posted on 12/26/14 at 10:46 am to EthanL
quote:Has no relation to the economy.
But there is still that pesky job participation rate number..
And the economy has been back for a few years now.
Posted on 12/26/14 at 10:47 am to EthanL
Yeah everything is just fine now.
Thanks, Obama
Thanks, Obama
Posted on 12/26/14 at 10:48 am to EthanL
That job participation number is not bad for people who are knowledgeable about the topic. People need to learn skills needed today to participate in the job market today.
Employers don't pay people just to make sure they are employed. You don't add some sort of value, you don't have a job.
Employers don't pay people just to make sure they are employed. You don't add some sort of value, you don't have a job.
Posted on 12/26/14 at 11:11 am to EthanL
My question is, if the economy is back then why did the country just hand democrats such a large defeat?
Posted on 12/26/14 at 11:24 am to EthanL
I love humor threads. We just don't have enough of them though. Appreciate the chuckle just the same.
Posted on 12/26/14 at 11:28 am to EthanL
Honestly wish the Fed would raise rates some and slow down the economy some. Been saying this for a couple of years now actually. Mostly due to soaring real estate prices again.
Posted on 12/26/14 at 11:28 am to EthanL
Maybe so,
but it could have been better and quicker.
but it could have been better and quicker.
Posted on 12/26/14 at 11:36 am to EthanL
Lots of jobs out there now. People need to jump back into the pool. Many have given up bc they didn't have the knowledge of how/where to search for their skill set or desire. Nows the time to restart.
Posted on 12/26/14 at 11:50 am to EthanL
Ah, remember the good old days when Harry Reid labeled these sorts of jobs as "McJobs?"
This post was edited on 12/26/14 at 11:54 am
Posted on 12/26/14 at 2:24 pm to EthanL
The economy is picking up because we just elected Republicans into the Senate.
Posted on 12/26/14 at 2:44 pm to EthanL
The fact that we are on the economic equivalent of life-support has you excited?
Posted on 12/26/14 at 3:32 pm to EthanL
quote:sure if you like low wages and being taxed for every time you blink
Jobs seem to be plentiful...
Posted on 12/26/14 at 4:36 pm to EthanL
18 trillion
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