They had to artifically pump up the economoy through fake liquidity, instead of just letting it cycle through the normal recession cycle. So this coming recession is gonna be a doozy.

My toenails growing faster than the economy?
It's more common than you'd think.

Growing like 0.6%? US growth weakest in four years

Good news: The Wall Street Journal says the US economy is Grrrrrrrreat!

Bad news: You're still poor.

Great Caesar's Toast

They had to artifically pump up the economoy through fake liquidity, instead of just letting it cycle through the normal recession cycle. So this coming recession is gonna be a doozy.

What he said.

it's gonna be a doozy.

farkit no longer works? looks like i've been away too long...

Government spending in Iraq has boosted the economy like government spending in Vietnam boosted the economy.

Consumer debt is high, real wages are down, gas prices are sky rocketing, the housing market is a bust, school loans and risky mortgages are eating people alive, so why wouldn't the economic numbers start to be negative?

For the anti-Bush crowd this is good news.

Standard and Poor

1) The world's foremost provider of independent credit ratings, indices, risk evaluation, investment research, data, and valuations.

2) Your life in a nutshell.

EwoksSuck

You forgot one. Taxes are up. At least in my state. They are raising taxes on every front to be able to pay for skyrocketing gas prices, skyrocketing health insurance, etc. Too bad they are taking more money away from people that are already experiencing those problems.

At least one of those groups comes out on top in the end.

Tyee

So pretty much all of us.

I sure hope this doesn't turn out like yesterdays things getting bigger thread except with toenail pictures.

Yeah, but is the economy as yellow, flaky, and fungus-ridden?

Ahead of the game

The good news is, the boost to the economy we will see once the minimum wage increase goes into affect...

For the anti-Bush crowd this is good news.

It's not good news for anyone. Take your partisan crap somewhere else.

NICU8697: So pretty much all of us.

Ah huh, finally after more than four years we can add the economy to biatch about... unless we want to put that at the feet of congress because they have even a lower approval rating than W.

President Bush Job Approval
RCP Average
Approve 32.8%
Disapprove 61.7%
Spread -28.9%


Congressional Job Approval
RCP Average
Approve 32.6%
Disapprove 58.0%
Spread -25.4%

Bill Clinton's presidency was all about Peace and Prosperity for all Americans. It was awesome. I miss it.

Bush promised to take America in a different direction....and he did.

When gas hits $4 a gallon, then the revolution comes.

Mr. Xhin:

Apparently you forgot about that whole internet bubble and how many people got burned by it...

or Operation Perversion diversion?

Peace, not really.
Prosperity? are you stoned it was a house of cards built on lies and deception.

This isnt defending bush, but lets not pretend everything was great during clinton just because it was a long time ago. Also you forgot about the first term of clinton, the not so great economy years.

maybe if we stopped letting good jobs go to people in other countries, the folks here in America could afford more things. Also if corporate America would increase employee pay at the same rate as inflation (or god forbid, the same rate as the CEOs pay), more money would be spent into our economy.

Also all the illegals we have in this country spend there money at Mexican owned businesses, and send what money is leftover to support their huge family in Mexico. The money paid to illegals does our economy no good.

Way to go greedy corporations, sell out your country for an extra buck! And they will blame it on someone else when they have to move their entire company to India to find someone that can afford their product.

czarangelus: When gas hits $4 a gallon, then the revolution comes.

Nah. Everyone's too busy watching TV.

GoBadgers:

Man, those have to hurt like h$ll.

EwoksSuck: The next recession will be huge. The federal statistics on the economy are like those of unemployment, that is, phony. Wages ARE down, an alleged unemployment rate of 5% is NOT real (never counts those who drop off of UEC, or who never found another job). When the bottom drops out again, it will be very tough to dig out.

czarangelus: When gas hits $4 a gallon, then the revolution comes.

I remember when that was said about $3, and $2, and $1 a gallon, and I'm not even 30 years old yet. Nothing will happen at $4 or $5 for that matter.

The real status of the economy.

The gov is fudging the numbers so that the masses won't realize exactly how bad it really is.

Travis McGee: Nah. Everyone's too busy watching TV.

They won't be when they can't get to and from work... Hell, if the government was smart, they'd subsidize everyone at a most basic level of food, shelter, and television to keep them from revolting. Oh wait, that's what they're already doing for blacks...

constructor5179: I remember when that was said about $3, and $2, and $1 a gallon, and I'm not even 30 years old yet. Nothing will happen at $4 or $5 for that matter.

I know at least five people who say that when gas hits $4, they're just going to stop going to work because they won't be able to afford the commute anymore.

GoBadgers

Thanks, that made me thow-up a little in my mouth.

tweekster
Apparently you forgot about that whole internet bubble and how many people got burned by it...

Eh that was a private equity bubble. To much venture capital being poured into every conceivable internet business. After that individual investors tried to get on the bandwagon (late to the party as usual). At any rate, there's not much the government can do to stop these.

What we have now is a public equity bubble in that it's the fed that's been dumping money into the economy (so much that it's de-valued the dollar). The government does have some say in this via the fed.

czarangelus I know at least five people who say that when gas hits $4, they're just going to stop going to work because they won't be able to afford the commute anymore.

meh, I heard the same stuff at $2.00 and $3.00.

Didn't stop anyone.

/Am I the only one who thought the article actually was going to be about toenail growth?
//Seriously, I thought the economy statement was a purposely unrelated lead-in, sorta like 'gas prices drop on news of increased toenail growth'

The ballot box is risk-free revolution and people can't be bothered to use it for anything other than marking R or D.
Good luck getting those same people to pick up a farking gun.

TimBilly: meh, I heard the same stuff at $2.00 and $3.00.

Didn't stop anyone.

The people you heard this from are probably IT technicians or another highly paid job. I'm talking about what's being said by Nordstrom customer service clerks, hotel check-in receptionists, line cooks, and waitresses. These people live in an entirely different world from the one frequented by most Farkers.

Good luck getting those same people to pick up a farking gun.

I don't know... people tend to like loud noises and carnage more than thinking quietly and rationally deciding on a candidate...

What we need now is a nice asset bubble. We could subsidize it by granting unrestricted capital to the "investors" who will then flip the assets to more "investors", who have access to the same unrestricted pool of capital. The profits can be released into the economy, and make it look like the economy is growing!

Basically it's like printing more money, but laundered through an asset market.

I know it will work. Who's with me?

Why does the economy hate America?

Great Caesar's Toast:

Correct, i was simply disputing his perception of the past. As time passes people seem to view the past in a better light. But in reality the first half was bad, the second half was good but it was built on deception that would come crashing down very hard for A LOT of people.

so it wasnt the rosy vision the other poster referred to.

My toenails probably grow at a rate of 50% a year or more. I wouldn't expect my economy to do the same.

Although that would be sweet.

tweekster: This isnt defending bush, but lets not pretend everything was great during clinton just because it was a long time ago. Also you forgot about the first term of clinton, the not so great economy years.

So the first two years of 43's term were amazing? Clinton was president during the largest economic expansion in the history of the world. I'm pretty sure his run beats GW's.

andrew131:

and what happened to that expansion? it imploded, it was a disaster for many americans because it was built on hopes and dreams and not anything tangible.

Has your retirement fun recovered from the bubble bursting yet?

Last night I accidentally kicked a vacuum cleaner in the dark and broke off my toe nail. Talk about a harbringer of doom for our economy.

According to wikipedia, toenails require 12 to 18 months to regrow completely- or, roughly, a growth rate of 66-100% annually.

Saying that one's toenails are growing faster than the economy isn't really saying much at all.

GoBadgers is a sick bastage!!

tweekster: andrew131:

and what happened to that expansion? it imploded, it was a disaster for many americans because it was built on hopes and dreams and not anything tangible.

Has your retirement fun recovered from the bubble bursting yet?

I wasn't solely invested in technology stocks like an idiot. Diversification. Blaming Clinton for your investment mistakes is not reasonable.

Furthermore, the crash didn't occur until GW was in office, so what's your point?

tweekster: Has your retirement fun recovered from the bubble bursting yet?

Mine did years ago. In fact, my portfolio did as well.

Still can't afford a house though. Well, I could afford a house, but then I would be a wage slave for the rest of my life.

Which is what the combine wants, I guess. The Middle Class is the new Lower Class.

worst growth since 2002?
go G W! yer doin a heckuva job!

Freedom's just another word for insurgents on the loose

Tyee
For the anti-Bush crowd this is good news.

Why? Is he going to be impeached now?

The "anti-Bush crowd" don't enjoy watching things turn to shiat. If we did, we'd have voted for him.