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New Discoveries?
In article .net,
Maxprop wrote: It's the only response you're willing to address, because it's the only one that's not totally obvious. "Capt. JG" wrote in message ... You really don't know much about the economy do you. It's lagging, the housing market is failing... many more poor and malnourished in the country. This is the only response you've made that I have any interest to take issue with. Fact: the housing market in the Bay Area has tanked, but it was artificially high to begin with. Here new home starts are up over last year by double digits. Existing home sales are slighly off, but no moreso than Firstly, I never said anything about the SF bayarea. Secondly, just about every economist and/or realtor (if they're being honest, which I know can be a stretch for some) recognizes that the housing market is depressed and will continue to be so until 2009. the normal fluctuation from quarter to quarter. Home prices have stayed the same or increased slightly, while your Bay Area prices have fallen by 15% to 30%, depending upon whose reference you read. As for the poor and malnourished, that's Dem spin. Unemployment is around 5% nationally, which According to you, but not according to all the statistics available. We have many more people at or below the poverty line, and the situation is getting worse. Feel free to blame the Dems, but the Republicans have been in charge for 7 years. is essentially full employment. I know more about the economy than you, primarily because I listen to economists, not Democrat doomsayers who will say anything to make Bush look bad. I really don't know why they try so hard--he makes himself look bad without their spin. They should sit back and relax. They don't really have to say or do much to make him look bad. He's quite capable of doing that himself. Maybe he should use McGovern's famous line about being 1000 percent behind the AG. He lied about being behind Rumsfeld even though he knew the resignation was in the works. So, you don't read the newspaper or watch TV. Get all your news from the Drudge report? Nope. I just don't listen to the left-leaning Big Three, CBS, NBS, and ABS. Oops. They're all huge US corps, controlled by right-wing loyalists. They must be just unpatriotic! -- Capt. JG @@ www.sailnow.com |
New Discoveries?
Jonathan Ganz wrote:
In article .net, Maxprop wrote: It's the only response you're willing to address, because it's the only one that's not totally obvious. "Capt. JG" wrote in message ... You really don't know much about the economy do you. It's lagging, the housing market is failing... many more poor and malnourished in the country. This is the only response you've made that I have any interest to take issue with. Fact: the housing market in the Bay Area has tanked, but it was artificially high to begin with. Here new home starts are up over last year by double digits. Existing home sales are slighly off, but no moreso than Firstly, I never said anything about the SF bayarea. Secondly, just about every economist and/or realtor (if they're being honest, which I know can be a stretch for some) recognizes that the housing market is depressed and will continue to be so until 2009. the normal fluctuation from quarter to quarter. Home prices have stayed the same or increased slightly, while your Bay Area prices have fallen by 15% to 30%, depending upon whose reference you read. As for the poor and malnourished, that's Dem spin. Unemployment is around 5% nationally, which According to you, but not according to all the statistics available. We have many more people at or below the poverty line, and the situation is getting worse. Feel free to blame the Dems, but the Republicans have been in charge for 7 years. is essentially full employment. I know more about the economy than you, primarily because I listen to economists, not Democrat doomsayers who will say anything to make Bush look bad. I really don't know why they try so hard--he makes himself look bad without their spin. They should sit back and relax. They don't really have to say or do much to make him look bad. He's quite capable of doing that himself. Maybe he should use McGovern's famous line about being 1000 percent behind the AG. He lied about being behind Rumsfeld even though he knew the resignation was in the works. So, you don't read the newspaper or watch TV. Get all your news from the Drudge report? Nope. I just don't listen to the left-leaning Big Three, CBS, NBS, and ABS. Oops. They're all huge US corps, controlled by right-wing loyalists. They must be just unpatriotic! http://www.frbsf.org/publications/ec...ews/index.html Yeah..there's an imminent Depression starting up in San Francisco...right... |
New Discoveries?
In article ,
katy wrote: http://www.frbsf.org/publications/ec...ews/index.html Yeah..there's an imminent Depression starting up in San Francisco...right... Never used the word depression.... interesting that you did. g Interesting article. -- Capt. JG @@ www.sailnow.com |
New Discoveries?
Jonathan Ganz wrote:
In article , katy wrote: http://www.frbsf.org/publications/ec...ews/index.html Yeah..there's an imminent Depression starting up in San Francisco...right... Never used the word depression.... interesting that you did. g Interesting article. Yeah..it mostly refutes what you were saying...or seriously diminishes what you were saying... |
New Discoveries?
In article ,
katy wrote: Jonathan Ganz wrote: In article , katy wrote: http://www.frbsf.org/publications/ec...ews/index.html Yeah..there's an imminent Depression starting up in San Francisco...right... Never used the word depression.... interesting that you did. g Interesting article. Yeah..it mostly refutes what you were saying...or seriously diminishes what you were saying... I was thinking it actually supports it. I think you need to read it again. -- Capt. JG @@ www.sailnow.com |
New Discoveries?
Jonathan Ganz wrote:
In article , katy wrote: Jonathan Ganz wrote: In article , katy wrote: http://www.frbsf.org/publications/ec...ews/index.html Yeah..there's an imminent Depression starting up in San Francisco...right... Never used the word depression.... interesting that you did. g Interesting article. Yeah..it mostly refutes what you were saying...or seriously diminishes what you were saying... I was thinking it actually supports it. I think you need to read it again. From memory didn't it say unemployment was less than 5% and that although sloppy, the housing market was pretty much stable? And that durable goods were doing fine? A less than 5% unemployment rate means the employable are employed...people buying durable goods means they have the money to do so or the credit, and the hosuing market has been so overinflated nationwide that it was due to take a decline just to even itself out..speculation building has been going on for quite some time and now new real estate isn't the commodity it was... |
New Discoveries?
In article ,
katy wrote: From memory didn't it say unemployment was less than 5% and that although sloppy, the housing market was pretty much stable? And that durable goods were doing fine? A less than 5% unemployment rate means the employable are employed...people buying durable goods means they have the money to do so or the credit, and the hosuing market has been so overinflated nationwide that it was due to take a decline just to even itself out..speculation building has been going on for quite some time and now new real estate isn't the commodity it was... No, it didn't say that. You should probably read it again. That's why I found it interesting. -- Capt. JG @@ www.sailnow.com |
New Discoveries?
In article ,
Dave wrote: On Mon, 26 Mar 2007 14:55:06 -0400, katy said: From memory didn't it say unemployment was less than 5% and that although sloppy, the housing market was pretty much stable? And that durable goods were doing fine? Jon's hilarious. He's been claiming the economy is in the crapper constantly since at least 2002. Inflation is heading up, unless you don't believe the Fed any more. -- Capt. JG @@ www.sailnow.com |
New Discoveries?
Dave wrote:
On Mon, 26 Mar 2007 14:55:06 -0400, katy said: From memory didn't it say unemployment was less than 5% and that although sloppy, the housing market was pretty much stable? And that durable goods were doing fine? Jon's hilarious. He's been claiming the economy is in the crapper constantly since at least 2002. He obviously interpreted the article the same way some people interpret the Bible... |
New Discoveries?
In article ,
katy wrote: Dave wrote: On Mon, 26 Mar 2007 14:55:06 -0400, katy said: From memory didn't it say unemployment was less than 5% and that although sloppy, the housing market was pretty much stable? And that durable goods were doing fine? Jon's hilarious. He's been claiming the economy is in the crapper constantly since at least 2002. He obviously interpreted the article the same way some people interpret the Bible... So, you refuse to read it again.... ok. -- Capt. JG @@ www.sailnow.com |
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