Hmm...interesting. The last two months missed it with May missing it badly. Also, last month showed a 24,000 drop in manufacturing jobs.Originally posted by: Train
1. Employment up. Your just flat out being retarted now, because its already been beat to death in a dozen other threads that 150k is "equilibrium". And we have beat that by over 30k per month on average over the past year and a half.
WTF? Receipts were up 15%. http://www.csmonitor.com/2005/0620/p17s01-cogn.html2. Spending under control. Yep, I would say that. only 7% increase in spending this year while revenues are up 41%. Numbers that are that far apart are difficult to spin.
Receipts were up 15 percent from last year.
And, a spending increase is still bad. It's still deficit spending. Our defense (on-budget) is already more than the rest of the world's COMBINED. Spending needs to be cut big-time.
Because it's a meaningless stat at this point. It's based on a survey of individuals. If someone is working part-time they are not considered unemployed. If someone has taken a pay cut as their job was outsourced or downsized, they are not considered unemployed. The average worker is getting raises at or below the rate of inflation and more and more workers are taking jobs that do not offer benefits. This is hurting the working class more and more.3. Employment Number is obsolete? Why because you dont like it? So what if it was changed at the start of 2003, even if you invalidate all previous data, its still the lowest its been in over 2 and a half years.
Well, let's see what things look like with the Iraq war supplementals. Want to add those back in?4. Deficit is shrinking. Fact. you even agreed on it. Then threw in the "long way to go" spin. Well "long" is an objective term, but either way, we are ahead of schedule for the 2009 goal.
20%? Hmm...5. Dollar up... for the 1st time in 7 days, you got me there, but I'm more intersted in the 20% it has gained so far this year against the Euro.
http://today.reuters.co.uk/investing/fi...H76277_2005-07-13_16-37-50_N13443587:1
So far this year, the dollar has shrugged off concerns about structural weakness in the U.S. economy, such as the current account deficit, and gained about 10 percent versus the euro as investors have sought to benefit from rising U.S. interest rates.
WTF are you talking about? Go look at the numbers. Wages are barely keeping pace with inflation. There's no spin involved.6. Exports up. If you want to factor in high oil here, and use it for your spin, then you'd have to allow it for factoring into the CPI, which you have not in the Wage vs CPI arguments in many of other threads, so sorry pal, cant have your cake and eat it too. Exports are up, period.
No. I'd love to see a truly booming economy but aren't anywhere near it. There are mixed messages all over the place on several different fronts. I'm just being realistic in the face of all of the wanna-be propagandists.It just sickens you that things are getting better doesnt it? You'd rather see the country fall apart to satisfy your partisan rage than to actually see it succeed.