uscitizen
Villified User
when you only look a year at a time, it doesn't seem that bad.
And all that cheap stuff from China that AHZ is buying is keeping inflation down as well.
Debunking the fear machine about middle classs
- Thread starter Topspin
- Start date
And all that cheap stuff from China that AHZ is buying is keeping inflation down as well.
Lao Tse
Verified User
Lao Tse
Verified User
That post does not even deserve reply, but I have to reply to make that statement.
Riddle me this, Batman:
If payroll earnings are down, household income is up modestly, yet the consumer price index, healthcare, and housing costs have all skyrocketed.......then, what happens to overall, gross disposable money (income) for the family? (Hint, its a matter of simple arithmetic)
-Consumer Price Index:
-Cost of Healthcare:
-Cost of Housing:
Uhhh, Topper?
US Census Bureau agrees with me: Wages are down, and income is up only up because more people in the household are working - and at crappier jobs.
That's what I've been telling you all week:
So topper? You can quit now with the "Incomes are up! It proves the middle class is doing better than ever!" bullshit.
That's what I've been telling you all week:
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If you mean investment, our government is.
Topspin
Verified User
link for the untrusting dorks
http://www.bls.gov/news.release/cpi.nr0.htm
http://www.bls.gov/news.release/cpi.nr0.htm
Battleborne
Terminator
Uhhh...not sure...
about your school system...but in my little county this is required in MS and HS....***shrug***
about your school system...but in my little county this is required in MS and HS....***shrug***
Topspin
Verified User
Triumphant Goldilocks
The big theme in today’s Dow crossing the 14,000 threshold for the first time is one of unprecedented global economic growth and a worldwide stock market boom.
Simply put, this is the greatest global stock market boom in history.
What we are witnessing here, in virtually every corner of the globe, is the success and the spread of unbridled free market capitalism. It is a dynamic worldwide march toward lower tax rates, deregulation, and, as market strategist Don Luskin put it on last night’s show, the “interconnectedness” of global economies through free trade, the free flow of capital, and the robust free exchange of information.
Despite the persistent doom and gloom refrain from various sourpuss prognosticators, it remains the greatest story never told.
And it's not over yet.
This Goldilocks stock market and economy is celebrating her one-year anniversary in a remarkable bull market run that began last July. Since last summer, the Dow is up over 30 percent; Europe is up 40 percent; Japan is up 18 percent; and the BRIC (Brazil, Russia, India, China) index is up a mind blowing 64 percent.
That’s called global prosperity.
Here in the U.S., we’re getting a welcome speedup in the economy with profits and cash flow shares at record highs.
The big theme in today’s Dow crossing the 14,000 threshold for the first time is one of unprecedented global economic growth and a worldwide stock market boom.
Simply put, this is the greatest global stock market boom in history.
What we are witnessing here, in virtually every corner of the globe, is the success and the spread of unbridled free market capitalism. It is a dynamic worldwide march toward lower tax rates, deregulation, and, as market strategist Don Luskin put it on last night’s show, the “interconnectedness” of global economies through free trade, the free flow of capital, and the robust free exchange of information.
Despite the persistent doom and gloom refrain from various sourpuss prognosticators, it remains the greatest story never told.
And it's not over yet.
This Goldilocks stock market and economy is celebrating her one-year anniversary in a remarkable bull market run that began last July. Since last summer, the Dow is up over 30 percent; Europe is up 40 percent; Japan is up 18 percent; and the BRIC (Brazil, Russia, India, China) index is up a mind blowing 64 percent.
That’s called global prosperity.
Here in the U.S., we’re getting a welcome speedup in the economy with profits and cash flow shares at record highs.
Lao Tse
Verified User
Global prosperity which utilizes slave labor and condemns any loyalty to anything but money is a sham prosperity. A lie.
Topper, I don't believe you ever addressed this:
Uhhh, Topper?
US Census Bureau agrees with me: Wages are down, and income is up only up because more people in the household are working - and at crappier jobs.
That's what I've been telling you all week:
So topper? You can quit now with the "Incomes are up! It proves the middle class is doing better than ever!" bullshit.
That's what I've been telling you all week:
Lao Tse
Verified User
No. It creates prosperity for some and puts others out of work. You aren't paying attention. Again, your argument goes back to you being an elitist shithead.
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