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93 million Americans not working

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  • doogsinparadise
    doogsinparadise Member Posts: 9,320
    Would they really lower tuition without being forced to by the state? I see it more as just halting future escalators. There's actually a bill in Olympia right now that would return instate tuition to where it should've been if the inflation number wasn't changed post-2008, though I'm not confident it's going to pass. Would drop 2k per year.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    d2d said:

    Since CollegeDouche's Wheelhouse sank in Puget Sound, (I think Vince Foster was on board), I like to get my economics reports from Hondo and DoucheDaDice. That's what I like to do.

    You've been predicting obamacare would crater the economy for years. We know how your predictions have worked out.
    You mean like 5 years after a recession ended the Fed is still too scared to have normal interest rates because the economy is too fragile and the labor participation rate is the lowest in a boatload of years?

    No relationship...at all...
    There's more to economic news than labor participation rates.

    HTH
  • HoustonHusky
    HoustonHusky Member Posts: 6,000
    2001400ex said:

    2001400ex said:

    d2d said:

    Since CollegeDouche's Wheelhouse sank in Puget Sound, (I think Vince Foster was on board), I like to get my economics reports from Hondo and DoucheDaDice. That's what I like to do.

    You've been predicting obamacare would crater the economy for years. We know how your predictions have worked out.
    You mean like 5 years after a recession ended the Fed is still too scared to have normal interest rates because the economy is too fragile and the labor participation rate is the lowest in a boatload of years?

    No relationship...at all...
    There's more to economic news than labor participation rates.

    HTH
    You mean like median income still falling and the majority of the (lower than should be) jobs being generated being McJobs? Thanks for bringing it up. Think about it...the Federal Reserve thinks the economy is still so fragile 5 YEARS after the recession is over (and Obamacare passesd) that they think interest rates have to be 0%. Not even 2%, or even 1%, but 0%. 5 YEARS after the recession is over.

    But hey...companies can borrow money cheap and buy up their own stock to keep the stock market going up so everything must be grand.

    Just remember to...
    image
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    2001400ex said:

    d2d said:

    Since CollegeDouche's Wheelhouse sank in Puget Sound, (I think Vince Foster was on board), I like to get my economics reports from Hondo and DoucheDaDice. That's what I like to do.

    You've been predicting obamacare would crater the economy for years. We know how your predictions have worked out.
    You mean like 5 years after a recession ended the Fed is still too scared to have normal interest rates because the economy is too fragile and the labor participation rate is the lowest in a boatload of years?

    No relationship...at all...
    There's more to economic news than labor participation rates.

    HTH
    You mean like median income still falling and the majority of the (lower than should be) jobs being generated being McJobs? Thanks for bringing it up. Think about it...the Federal Reserve thinks the economy is still so fragile 5 YEARS after the recession is over (and Obamacare passesd) that they think interest rates have to be 0%. Not even 2%, or even 1%, but 0%. 5 YEARS after the recession is over.

    But hey...companies can borrow money cheap and buy up their own stock to keep the stock market going up so everything must be grand.

    Just remember to...
    image
    http://money.cnn.com/2014/08/20/news/economy/median-income/

    Except median income is not declining. That was in August and it's grown since.

    We will go through another recession before the fed starts bumping rates up on a meaningful level. Again, interest rates are not indicative of a healthy or poor economy, especially since the value of the dollar is at the highest since 2003 or so.
  • HoustonHusky
    HoustonHusky Member Posts: 6,000
    edited March 2015
    As the govt (and not some consulting firm) reported in Sept 2014:

    Median household income in the United States in 2013 was $51,939; the change in real terms from the 2012 median of $51,759 was not statistically significant. This is the second consecutive year that the annual change was not statistically significant, following two consecutive annual declines.

    followed by:

    A comparison of real median household income over the past six years shows that income is 8.0 percent lower than in 2007, the year before the nation entered an economic recession.

    As 538 more aptly said, Five Years Of "Recovery" Haven’t Boosted The Median Household Income...and they point out little caveats in the data that show the even this piss-poor result can be misleading, including the fact that "So-called boomerang children, 20-somethings living in their parents’ basements because they can’t find good jobs don’t count as their own households and thus are left out of those numbers. (Their income still counts, but it’s part of their parents’ household income.)" (side-note...44% of jobless 18-34 year olds are now living with their parents, and ~25% of those with jobs are still living with their parents...food for thought for anyone besides 200140ex who can actually think for themselves...)

    And yeah, 0% interest rates (hey, you want money...we'll give it to you no questions asked...we won't even charge you anything for having it...really....just take it...) says nothing about the economy. FS.

    Obama really loves you...I know he tells you that while you *gurgle*...and he will as long as you still keep *gurgling*...
  • 2001400ex
    2001400ex Member Posts: 29,457

    As the govt (and not some consulting firm) reported in Sept 2014:

    Median household income in the United States in 2013 was $51,939; the change in real terms from the 2012 median of $51,759 was not statistically significant. This is the second consecutive year that the annual change was not statistically significant, following two consecutive annual declines.

    followed by:

    A comparison of real median household income over the past six years shows that income is 8.0 percent lower than in 2007, the year before the nation entered an economic recession.

    As 538 more aptly said, Five Years Of "Recovery" Haven’t Boosted The Median Household Income...and they point out little caveats in the data that show the even this piss-poor result can be misleading, including the fact that "So-called boomerang children, 20-somethings living in their parents’ basements because they can’t find good jobs don’t count as their own households and thus are left out of those numbers. (Their income still counts, but it’s part of their parents’ household income.)" (side-note...44% of jobless 18-34 year olds are now living with their parents, and ~25% of those with jobs are still living with their parents...food for thought for anyone besides 200140ex who can actually think for themselves...)

    And yeah, 0% interest rates (hey, you want money...we'll give it to you no questions asked...we won't even charge you anything for having it...really....just take it...) says nothing about the economy. FS.

    Obama really loves you...I know he tells you that while you *gurgle*...and he will as long as you still keep *gurgling*...

    I'm glad you agree you were wrong.

    Really it comes down to this. There's more economic indicators saying the economy is good than bad. But keep reading doom and gloom conservative websites while I invest and make money.
  • 2001400ex
    2001400ex Member Posts: 29,457

    If you got that out of my reply you are even more FS than I thought. Actually...I take that back. That's pretty much impossible by now.

    Your post clearly showed that median income was rising.

    And like I said. Some economic indicators are bad, others are good. None are great other than maybe the stock market and corporate profits. You are choosing to focus on the negative indicators to make your point while ignoring the positive aspects. All because you don't like Obama.
  • HoustonHusky
    HoustonHusky Member Posts: 6,000
    Only to morons like you. Holy cow are you FS.

    And no to the rest of your drivel as well, but we've already shown that to be over your head.

    Keep *Gurgling*
  • 2001400ex
    2001400ex Member Posts: 29,457
    edited March 2015

    Only to morons like you. Holy cow are you FS.

    And no to the rest of your drivel as well, but we've already shown that to be over your head.

    Keep *Gurgling*

    Agreed. My head isn't buried in the sand thinking everything is wrong in the world because Obama is president. It'll be amazing if a republican gets elected. Then the story will be "unemployment is under 6%, stock market at all time highs, low interest rates are great, etc."

    But keep it up that I'm FS. While you are posting incorrect facts.
  • whatshouldicareabout
    whatshouldicareabout Member Posts: 12,992
    2001400ex said:

    Your post clearly showed that median income was rising.

    2001400ex said:

    But keep it up that I'm FS. While you are posting incorrect facts.

    Are you a parody of yourself now?
  • HoustonHusky
    HoustonHusky Member Posts: 6,000
    edited March 2015
    I think he actually thinks what he says is right in some bizarro-world kinda way...it would almost be comical if it wasn't so sad.