Sunday, August 9, 2009

Why do people still say the US economy is bad?

Since 2003 the NASDAQ has gone up 1000 and the Dow has gone up over 4000 points in just 4 years. Why are people still saying the economy is terrible when the unemployment rate is lower than the lowest Clinton ever had, not to mention that the average earnings and productivity are up too?



Why do people still say the US economy is bad?va loan





As a democrat, a public school teacher, I must protest.



Not you, the silly claims of our %26quot;bad economy%26quot;.



I benefited from the tax cuts. Thank you, I am NOT the rich.



Socialists don%26#039;t want us to succeed. They want us to fail until we turn to them to take over. They don%26#039;t see Americans when they see another political party. They see %26quot;the enemy%26quot; and act accordingly.



They very much believe that if %26quot;you lie enough, and others swear to it, people will believe it over the truth%26quot;.



This works in countries that are already restrictive, already don%26#039;t have free speech. We, as a country, have been a major pain in their side, and STILL they%26#039;ve had a lot of success. Look at medicine, education, etc.



They don%26#039;t represent me. I%26#039;m a patriot, first, a democrat, second.



Why do people still say the US economy is bad?

loan



Guess it depends where you live.|||Based on the fact that gas is higher and thus prices are higher on everything down to food. People are employed but are finding it much harder to make ends meet.|||The stocks look great. The job market sucks. Well in my area.|||Because liberals love to blame anybody or anything for their self created miserable lives. Don%26#039;t confuse them with facts, they%26#039;re too busy blaming bush and global warming for their pathetic lifestyle.|||People are spending less money, home sales are down, inflation (have you bought any groceries lately), etc...|||because the cost of competing with china for manf. goods is killing many of our domestic manufacturing jobs. i know mine is on the line. it goes away then i will not be able to recover to where i am now.|||It%26#039;s all about GDP which is very lousy and also the housing market. The dow is a horrible economic indicator. In 1929 it had record highs also and if you ever picked up a history book you%26#039;d know how that worked out.|||Sshhhhhh....



we are not supposed to talk about those sort of things...it makes the Libs kina cranky|||maybe people say the economy is bad because of the housing bubble and the trade deficit. i%26#039;m no expert economist, but the economy cannot be accurately measured by the fact that the stock market is up, can it? maybe i don%26#039;t know. but i do know the dollar is weak and China owns our economy with trade surplus. the economy has been %26quot;good%26quot; for my entrire adult life and i%26#039;d rather not experience a truly %26quot;bad%26quot; economy.|||. The record DOW and NASDAQ represents record profits for corporations. It does little to help the average American as less than a fourth own stock. Real Income has been down each and every year Bush has been in office. With Clinton, real income increased 15%. Poverty has gone up each year while Bush has been in office. Clinton reduced poverty by 25%. Personal savings in America are at an all time low, while personal debt is at an all time high. Unemployment is not at historical lows. It is at a low for the Bush era. Bush has set records for deficits nearly every year he has been in office. Our national debt has doubled since he has been in office. Health care costs have doubled since he has been in office. College tuition has doubled since he has been in office.



Foreclosures are twice as high as they were two years ago when they were at an all time high at the time....|||To help the Socialist Democrat Party take power.



Blame the rich and %26quot;big oil%26quot;, heaven forbid you work or save to improve yourself!



Did I say Heaven, well I guess I will never be allowed in the Democrat party.|||I wouldn%26#039;t say it%26#039;s bad, but I wouldn%26#039;t call it good either.



The stock market is not the end all, be all barometer of the economy. And they use a projection that%26#039;s not terribly accurate. The Dow Jones Industrial Average takes *30* stocks out of thousands and projects an average of the market.



We%26#039;ve experienced the slowest growth in 4 years this last quarter.



The housing market is horrendous. People are filing bankruptcy left and right. Entire lenders are being put out of business.



The dollar compared to the Euro or British Pound is at all time lows.



Because of gas prices, consumer confidence and spending is way down.



And if illegal immigrants are taking so many American jobs, how is it that the unemployment rate is so low?|||I think it is bad



Americans are in debt with no visible end. To me that is bad economics.



Americans have the lowest personal savings rate ever. To me that indicates something is wrong with the economy.



China%26#039;s National bank owns over 1 trillion dollars worth of US home mortgages. To me that is not good economics.



Go Team Bush Go



There is a huge difference between owning a home and living in a home.



Having a $500K 50 year mortgage that can never be paid off it not good for the economy it is only good for the banking business.|||War is a capital venture.



GDP is down, housing is down, interest rates are up so is inflation and bankruptcies and the cost of consumer products has skyrocketed.



I think the best indicator of Bush%26#039;s economy is to ask people if they are able to save more or less than they were in 1999.|||The stock market is cyclical, as is the employment rate. The employment rate study includes temporary, remedial jobs, which have always been transitory in nature. This artificially boosts figures. This has been true for any administration. The President has little to do with the efficacy of the stock market. The true test of the nation%26#039;s economic health is the %26quot;National Debt%26quot;, otherwise known as the %26quot;Deficit%26quot;. Under the Clinton administration, the debt was around 5 trillion dollars. As of today, under the Bush administration, it is closely approaching 9 trillion. This major, devastating deficit is crushing the economy. It was created by the present administration, and it will devastate this country%26#039;s economy for many years to come.|||Democrats want us to believe everything is bad and Failure under Bush and GOP so they can grab the power comes 2008.



Hopefully Facts will wake America Up.|||lol.



http://www.iwindow.com/santa/economy.htm|||The democrats lie about the economy for political gain. If you want to revert to the Carter era of 22% interest and 15% inflation vote for one of the democrat clowns aspiring to be president. The increase in the market indexes may not be an increase in the value of the stock, but a decrease in the value of the dollar caused by Government overspending. The tax cuts are bringing in increased revenues, but not enought to satisfy the democrat desire to spend. Look at the time this congress has spent on issues that do no one any good.|||It%26#039;s all too funny how they don%26#039;t believe what the economic news says but the polls on those same news stations they believe with all their heart. Go figure.|||The economy is bad because the US dollar can%26#039;t even compete with the world wide market anymore. Our trade deficits are skyrocketing. Corporations are what drives the DOW and NASDAQ, not the general public. Foreclosures are at an all time high. Oil companies are making record profits which drives up the prices of everything that must move around this country. The cost of everyday living is increasing but incomes are not increasing at the same rate. Just because unemployment is low could simply mean that unemployment benefits have expired or people have had to take much lower paying jobs just to be employed.



Glad your making one of those 6 figure incomes living in a small town in the mid-west on the family homestead where you can ride you bike to work and grow you own vegetables in the backyard.

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