GDP Grows at 8.2% Rate

Originally posted by Colonel

Originally posted by Affirmative Reaction
And oh, BTW, since we now have an increase in oranges, we can now employ more orange pickers, which employes more orange juice makers, truckers to haul the OJ, stockers to put it on the shelf, checkers to sell it, . and so on, and so on.....

MA: Why do you even try?

AR: SO now that we have an increase in oranges, we can hire more illegal aliens to pick them! So, Americans will STILL be unemployed. Let's have a friggin party!

Now THAT added SO much to the thread...but I expected that..by the way, please don't misquote me. If you don't have the balls to say it yourself, don't make the feeble attempt to make it seem that I made your pugnatious remark...there are actually those here who would believe it...

I suppose you must be refering to your friend Gray Davis who fought tooth and nail to give illegal aliens the right to have drivers licences, thus allowing them access to virtually every welfare program in the country?

Ooops...forgot about that one, didn't you...

[Edited on 24-12-2003 by Affirmative Reaction]

Oh...Look....:
"The Howard Dean spin machine"
Link:
www.worldnetdaily.com...

Excerpts:
"But the book doesn't leave it there. To underscore Dean's non-liberal credentials, it quotes Tom Salmon, former two-term governor of Vermont: "His being called a liberal is one of the great white lies of the campaign. He's a rock-solid fiscal conservative and a liberal on key social issues."

Rock-solid fiscal conservative?

Let's examine that claim, using only Dean's own words.

"These [George W. Bush] tax cuts are incredibly bad for the economy. I believe their purpose is essentially to defund the federal government so that Medicare and Social Security, the icons of the New Deal, will be undone."

Do you know any other "rock-solid fiscal conservatives" who think that way?...........

It's a pretty clever and calculated move � shrewd by Gore standards. Both Gore and Clinton know Dean stands little chance of winning. Why? Because they know Dean's right about one thing � the Democrats can't win if the economy is good.

And, unfortunately for Dean, the economy is getting better and better.

Now what's his only hope? To make Americans believe the economy is no good."


Democrats LIE and continue to lie! The economy was inherited from Clinton...2001 was from the Clinton budget for that year meaning that what it exactly means: the recession was inherited from Clinton:

"Revisions: Economy Shrank Pre-Recession"
Link:
biz.yahoo.com...

and this nice little .pdf file:
Link:
www.speakeasy.org...

Check the graphs and information....the economy was falling off in the early 2000.


Democrats chances at the White House continue to fall away with every tenth gained on the economy, with every increase gained in the stock market, with each and every job found......
Prayer is the only hope for the Democrats....prayer.....



regards
seekerof

Interesting......

That they swore Bush inherited a horrible economy just as much as they swear we have a robust one now......seems the ladies of the Right Wing have caught the Vapors yet again, no?

The plus 8% growth, as Masked explained, is needed to be viewed in context of the baseline.
More importantly, for most Americans not pulling down management pay or locked in benefits thru the military, there is a HUGE diffrence between a capital recovery and wage specific recovery. Since July the average hourly wage increase for the 85 million Americans who work in non-supervisory jobs in offices and factories is a flat 3 cents. Wages are up just 2.1 percent since November 2002 -- the slowest wage growth we've experienced in 40 years. Economists at the Economic Policy Institute have been comparing recoveries of late, looking into the growth in corporate-sector income in each of the nine recoveries the United States has gone through since the end of World War II. In the preceding eight, the share of the corporate income growth going to profits averaged 26 percent, and never exceeded 32 percent. In the current recovery, however, profits come to 46 percent of the corporations' additional income. Conversely, labor compensation averaged 61 percent of the total income growth in the preceding recoveries, and was never lower than 55 percent. In the Bush recovery, it's just 29 percent of the new income coming in to the corporations.
More specifically, Corporations have been having a bang-up recovery all along, it turns out; they are about to experience their seventh straight quarter of profit growth. The operating earnings of the 500 companies on the Standard and Poor's index, researchers at Thomas First Call in Boston estimate, will rise by 21.9 percent over last year. Who could ask for anything more?
My sources are Hoovers, TFC and a bunch of other investment research sites/email notifications.
So in comparing apples & oranges, it's important to note that we're still down over 2 & 1/2 million jobs - wages suck - more people are below the poverty line than anytime since the Depression - and homelessness is in double digits.

Merry Christmas.....I hope you all don't get outsourced!

Originally posted by Bout Time
Interesting......

That they swore Bush inherited a horrible economy just as much as they swear we have a robust one now......seems the ladies of the Right Wing have caught the Vapors yet again, no?

The plus 8% growth, as Masked explained, is needed to be viewed in context of the baseline.
More importantly, for most Americans not pulling down management pay or locked in benefits thru the military, there is a HUGE diffrence between a capital recovery and wage specific recovery. Since July the average hourly wage increase for the 85 million Americans who work in non-supervisory jobs in offices and factories is a flat 3 cents. Wages are up just 2.1 percent since November 2002 -- the slowest wage growth we've experienced in 40 years. Economists at the Economic Policy Institute have been comparing recoveries of late, looking into the growth in corporate-sector income in each of the nine recoveries the United States has gone through since the end of World War II. In the preceding eight, the share of the corporate income growth going to profits averaged 26 percent, and never exceeded 32 percent. In the current recovery, however, profits come to 46 percent of the corporations' additional income. Conversely, labor compensation averaged 61 percent of the total income growth in the preceding recoveries, and was never lower than 55 percent. In the Bush recovery, it's just 29 percent of the new income coming in to the corporations.
More specifically, Corporations have been having a bang-up recovery all along, it turns out; they are about to experience their seventh straight quarter of profit growth. The operating earnings of the 500 companies on the Standard and Poor's index, researchers at Thomas First Call in Boston estimate, will rise by 21.9 percent over last year. Who could ask for anything more?
My sources are Hoovers, TFC and a bunch of other investment research sites/email notifications.
So in comparing apples & oranges, it's important to note that we're still down over 2 & 1/2 million jobs - wages suck - more people are below the poverty line than anytime since the Depression - and homelessness is in double digits.

Merry Christmas.....I hope you all don't get outsourced!

For more, check out my latest blog.

What BT fails to mention in his negative spin (if a Demoncrap was in office, he would have attributed it all to him!) is that wages are ALWAYS the last indicator to recover after a trough like we have experienced. First, a correction is put in place, (tax cuts - lowered interest rates), which causes an increase in investment, which causes the market to raise, which causes a rise in productivity, which causes a rise in the employment rate. ALL of these things are happening, or have happened, and the next thing to rise is the individual income rate, which rose slightly (.4%) this past quarter. As the standard recovery model continues to follow it's natural course, the individual wage rate will increase at a higher rate. Unfortunate for the demoncraps, isn't it? Of course, if I was as wrong about as many things as they are, and so far behind in the polls as to not have a snowballs chance in hell come November, I may try to spin things in another direction as well. Thankfully, most Americans aren't as gullible as those here would have us believe, and they know which side their bread is buttered on...

My only question is, who will the Republicans put up against Billary after George does his 8 years? I don't think Cheney really wants the job...his bad ticker won't take it...


[Edited on 24-12-2003 by Affirmative Reaction]

[Edited on 24-12-2003 by Affirmative Reaction]

Originally posted by Affirmative Reaction
which causes a rise in productivity, which causes a rise in the employment rate. ALL of these things are happening, or have happened, and the next thing to rise is the individual income rate, which rose slightly (.4%) this past quarter.

[Edited on 24-12-2003 by Affirmative Reaction]

People, this is an example of a person that didn't read my blog. More unemployment coming, baby!


Don't let this happen to you.

[Edited on 24-12-2003 by Colonel]

jobwatch.org...





This website has a wealth of information about the Bush economy.lol




Bush does'nt have a clue!

www.epinet.org...

I went to the site! I didn't have a clue. I knew itr was bad but this is ugly! America's dying. So bad that I don't know if it can comne back!

Originally posted by Colonel
People, this is an example of a person that didn't read my blog. More unemployment coming, baby!


Don't let this happen to you.

[Edited on 24-12-2003 by Colonel]

People, this is an example of a person who believes his blog is the answer to all the problems of the country when it is really a load of trash based on falsified numbers designed to make you think it's actually stating fact.

Don't let it happen to you....

My fault. I guess if it isn't from Faux News then its all a lie--even if a few of the things are local, regional, federal, and true.

I wish I could lie as good as you but then I'd be a repugnant, right?

*Colonel bobs his head like a bobble head to Bubba Sparxxx*:w:




[Edited on 24-12-2003 by Colonel]

Originally posted by Affirmative Reaction
3rd quarter best in nearly 20 years thanks to tax cuts, low interest rates.

The U.S. economy, propelled by tax cuts and low interest rates, roared ahead at an 8.2 percent annual rate in the third quarter, the best showing in nearly 20 years, while Americans' incomes and spending both showed healthy gains in November.

The Commerce Department report that the GDP grew at an 8.2 percent rate in the third quarter, propelled by a surge in consumer spending, was identical to the preliminary estimate made a month ago and represented the strongest growth since an 8.4 percent rate of increase in the fourth quarter of 1983.


Well, how are the Dems going to spin this one? One poster told me yesterday that it's all a lie, that there is no upturn in the economy.....

this is bush's fault! he isnt suppose to let things like this happen! i demand an investigation on this. he's a criminal for letting this happen. he must be empeached!

bush is a retard/clown/monkey/idiot/moron. he has no idea what he's doing.


there i csaved you the trouble of reading all the posts you're getting, this one will sum it all up for you.

Originally posted by ThePrankMonkey
this is bush's fault! he isnt suppose to let things like this happen! i demand an investigation on this. he's a criminal for letting this happen. he must be empeached!

bush is a retard/clown/monkey/idiot/moron. he has no idea what he's doing.


there i csaved you the trouble of reading all the posts you're getting, this one will sum it all up for you.

Thanks but you need some facts behind it. Let me do the heavy lifting, ok?

Originally posted by Colonel
My fault. I guess if it isn't from Faux News then its all a lie--even if a few of the things are local, regional, federal, and true.

I wish I could lie as good as you but then I'd be a repugnant, right?

*Colonel bobs his head like a bobble head to Bubba Sparxxx*:w:




[Edited on 24-12-2003 by Colonel]

OOps...I'm sorry, kernel, (sorry, unless you really served, you don't get the title), I forgot that it's only the truth if it comes from you, right?

Well, you can use whatever loony lefty site you want for your "facts", the proof is still in the puddin'. I know it hurts, but I'd bet you'll be secretly be voting for GWB, just like millions of others will in November, because you know what is happening is real. I know that just KILLS you, but it's ok..I would never expect you to admit it...we'll just keep it our little secret...

Unemployment is on the rise, and consumer confidence is falling. And all President Bush has to offer is more of the same failed policy that got us into the mess in the first place.

www.democrats.org...

Dubya's failed at everything: the economy, the environment, civil rights, privacy, and "Homeland Security". The only things he's been successful at are making the rich much richer, setting record deficits, and fooling a lot of people into thinking that invading Iraq had something to do with Osama Bin Laden.

www.cafeshops.com...

December 11, 2003�For months, we've been hearing from Bush that the economy is turning around, that Bush's tax cuts for the wealthy are creating jobs, that the recession was all the fault of Clinton and then Sept. 11, 2001.


www.onlinejournal.com...

Originally posted by energy_wave
December 11, 2003�For months, we've been hearing from Bush that the economy is turning around, that Bush's tax cuts for the wealthy are creating jobs, that the recession was all the fault of Clinton and then Sept. 11, 2001.


www.onlinejournal.com...

I like this part of the above article. Lmao...

What a cruel joke Bush is.

Bush can't even get a clue when the company in which he began his bull# economic growth campaign in April 2003, the Timken Company, an Ohio-based steel and bearings manufacturer, embarrassed him a few months later by announcing it would cut 900 jobs. The very same company he showcased as an example of his growth plan cut jobs. Some growth, huh? Then again, that trend fits nicely under Bush.

Originally posted by energy_wave
Unemployment is on the rise, and consumer confidence is falling. And all President Bush has to offer is more of the same failed policy that got us into the mess in the first place.

www.democrats.org...

Yor're making me laugh even more than BT, Kernal, and Michael Moore COMBINED!!!

If you are going to try to prove something to me, you have to show me something OTHER than the MOST leftist sites that exist!!!

But hey, thanks for the laugh!!!

Some of us were able to see you on CNN with your view screen (on ATS) towards the camera.lol

Don't listen to everything on the TV news.lol

Hey next time wave at the dam camera will ya!

Good Lord Energy......
With links like that......where is BT at talking 'source' issues....?
Oh, I forgot, if it bolsters the Democrats, BT is ok with the 'outsourcing' bit...


regards
seekerof

[Edited on 24-12-2003 by Seekerof]