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bob bob is offline
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First recorded activity by BoatBanter: Mar 2011
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Default The Statists greatest fear

On Thu, 07 Apr 2011 18:31:09 -0600, Canuck57
wrote:

On 07/04/2011 5:48 PM, bob wrote:
On Thu, 07 Apr 2011 15:58:33 -0600,
wrote:

There is no recovery.


GDP is growing


Depends on how you calculate it. If you calculate it in devaluing
currency it is. If you calculate in value your imploding.


gee. ket's compare applies to apples, shall we? year over year GDP is
increasing. thanks to obama. he's doing a nice job of cleaning up the
white guy's mess


Value calculations show commodities expanding 4 times that of GDP. So
if GDP dollar growth is say 3%, and inflation is 12%, well, your
shrinking in value by 9%.


well unfortunately for you right wingers commodities are increasing
across the world due to the fact the chinese are now doing quite well,
courtesy of the american right wing destroying our economy and sending
all our manufacturing there.


If you calculate it in hard constant value such as an ounce of gold is
an ounce of gold, the US economy is shrinking. That is, you never left
the depression on a value basis.


meaningless. if you price it against a DEPRECIATING commodity then our
economy is exploding.

your calculation is meaningless


unemployment is down


Fewer people working, those that are make less with less benefits,


courtesy of the american right which has worked very hard to ensure
the middle class continues to pay for the rich

record numbers of over 6 months unemployed, fewer looking for work that
isn't there....


well no. record number working compared to 2 years ago



to the right wing this is a pity. it means the middle class may not go
into slavery after all


We will see. But quite a few will never see middle class after their
wipe outs.


yep that's true. the american right has ensured th eincome and wealth
of the richest 1% was protected while the middle class paid for it