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Recession Over?!?! Im a little confused. In Florida, tourism is down by
1/3 and tourists are spending less too. Durable goods prices up by 3%, unemployment at 6.9% (highest ever!) Auto sales off by 30%, (Chrysler having a 2 Billion Dollar loss this quarter.) Time Warner dumping AOL because of grossly inflated stock prices, Food costs higher, wages lower. Medical insurance at all time high, New housing starts dropping to near nothing,, and doctors fleeing the state and its insurance premiums. And, Withal, the repo and foreclosure industries are having a heyday. Its a struggle to find paying passengers for charter trips. My fuel bills, dockage and maintenance costs are up by $12,000.00 a month! This year, if these trends continue, I will barely break even.... You say the recession is over? Where? Capt. Frank MadDogDave wrote: September 5, 2003 Layoffs Rose Sharply Last Month, Report Says By THE ASSOCIATED PRESS WASHINGTON (AP) -- The civilian unemployment rate improved marginally last month -- sliding to 6.1 percent -- as companies slashed payrolls by 93,000. Friday's report sent mixed signals about the nation's overall economic health. August was the seventh consecutive month of cuts in payrolls, a survey released by the Labor Department showed, indicating continuing weakness in the job market. Thank Jesus for President Bush!!!!!!!!!! |
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