The Democratic Party takes all of the blame for liberal lies, they are Godless and treasoness. I watched Obama's acceptance speech, and he offered free kittens to all American's. He said the kittens never age and never poop and that every American would have one. Then these "raise the roof" people came out with kitten canons and started throwing them out to his fans. Irresponsible. And just more liberal lies. Kittens do poop, as they do age.

No wonder our nation is sinking so fast as people actually believe that we are doing peachy because the government has figures that tell you so.

No, the question is what are YOU doing to help yourself and others have a better life.

Not what is the government telling you.

Sorry to see that when it comes with debatable issues and reality of issues you can not argue with those that do not want to deny ignorance.

Pity.

Unless these charts are weighted to account for increasing US population, which they do not appear to be, they are largely useless for determining the health of the economy.

More people = more spending
More people = more inventory
etc.

Further, these charts do not account for the degree of personal debt, or the rate of bankruptcies, which are also indicators of economic health, and are both on the rise in the US.

MAAN, I'm afraid...

Please,

There is no recession, go look at the mall or Walmart. Better yet take a trip to Home Depot or LOWES. Do you see people making home improvements with no money? All on credit yeah I see your point. Not really.

When I see people not shopping or driving I say we are in a recession. When I see people eating more dry foods and conserving I will believe.

When I see no RVs on the road or hummers I may start believing......

All hype thats it just like gas prices. Everyone is blaming supply and demand but it's not. Think about it when your eating dinner tonight. Dont choke on your ordered out pizza!

Originally posted by marg6043
Sorry to see that when it comes with debatable issues and reality of issues you can not argue with those that do not want to deny ignorance.

Pity.

I'd say you're self-projecting again.

Why not try denying some of your own ignorance and study the data, how it's collected, how it's used, etc.?

This data is used by every major investment house on the planet and yet you seem to have discovered from your humble home in Georgia that this data is incorrect.

Perhaps you should call up Goldman Sachs an apply for a job as an analyst with them. You could point out to them where the data is wrong and they will pay you millions of dollars. Seriously.

On the other hand, it was YOU who claimed the U.S. is in the worst recession in history and it's caused by Bush. And it was YOU who provided ZERO evidence of this claim, only liberal rantings that you probably heard on MSNBC or gleaned from CNN's "recession watch" web site.

And you have the audacity to accuse anybody of being ignorant?

Wow....

ATS used to be much better than this.

Originally posted by Open_Minded Skeptic
Unless these charts are weighted to account for increasing US population, which they do not appear to be, they are largely useless for determining the health of the economy.

More people = more spending
More people = more inventory
etc.

Further, these charts do not account for the degree of personal debt, or the rate of bankruptcies, which are also indicators of economic health, and are both on the rise in the US.

If you go to the source site you can find all the data you are seeking rather than incorrectly speculate and come to false conclusions about the dire situation we are in.

And as a side note, the reason GDP growth is measured in percentage is to take into account your observation that the raw numbers need to be put in context.

GDP GROWTH was +3.3% for the quarter ending June 30, 2008.

Get it? GROWTH?

A recession is when the GDP declines.

No metrics show any decline in GDP.

And if you look at the charts, declines are cyclical anyway. At some point there will be a retraction, and it won't be the POTUS fault no matter who is in office at the time.

Jamie have you been to walmart recently? What are you eating tonight? I doubt it's a bowl of rice or bread. If it is my apologizes I am wrong.

But I believe I'm right because you have power, internet and seem educated enough to have TV.

Where is this recession? Why are you bashing others who have charts to back it up? Why even bother?

Hey, whats for dinner in your house for this terrible recession?

My bad scrolled too fast that was for skeptic not Jamie.

With you brother.

Originally posted by Elfworkz
Please,

There is no recession, go look at the mall or Walmart. Better yet take a trip to Home Depot or LOWES. Do you see people making home improvements with no money? All on credit yeah I see your point. Not really.

When I see people not shopping or driving I say we are in a recession. When I see people eating more dry foods and conserving I will believe.

When I see no RVs on the road or hummers I may start believing......

All hype thats it just like gas prices. Everyone is blaming supply and demand but it's not. Think about it when your eating dinner tonight. Dont choke on your ordered out pizza!

Great points!

And if people are so secluded and out of touch that they can't drive to the local Home Depot themselves, here's an even easier way to see what's going on.

Just go to any city's live traffic web cams everyday and looks at the tens of thousands of people sitting in traffic on there way to and from work everyday.

Take note that almost everybody is driving a car less than 5 years old, and more often than not they're riding alone.

Drive around your own neighborhood and see on average how many cars people own, how many computers, how each of their kids has their own cell phone, how they probably have multiple gaming units, how they don't shop at Goodwill but instead shop at The Gap.

I have been delivering food to poor inner city families for years and it's a rarity when a family has less than TWO color tvs and cable. The poorest of the poor have cell phones. Most have air conditioning units. Almost all have credit cards given to them by the state that they use to buy Mountain Dew and Doritos at the grocery store.

The sad part is that people are buying into the brainwashing that things are horrible so that the party out of power can possibly gain power. That's all it comes down to -political power and how to manipulate the masses to get that power.

Originally posted by Rockpuck.


Who is ignorant now?

Who is ignorant now? Still you.

The U.S. economy is growing, not shrinking.

I gave you the link to the source data. Perhaps you could do your own research to prove your point rather than expect me to do it for you.

But to address the point you raised about inflation, it's taken into account in the data.

But what's not taken into account is the quality of the material goods, and the resulting quality of life those goods produce now.

A car from 1925 is nothing like a car now.
We now have computers for under $300.
Everybody has their own cell phones.
Ordinary homes today are like mansions of 100 years ago.
Medical care is extraordinarily advanced.

I could go on and on with example after example.

The point is, you can't simply look at the inflation numbers without comparing the value of the goods your money can buy today. But like I said, even taking inflation into account, the economy is still growing, investments are still growing, savings is still growing.

Why?

Because advances in technology have allowed production to cost less and be more efficient.

Rockpunk,

You have internet?

Cell Phone?

Cable?

Who is ignorant now buddy. I bet you have a nice vehicle too with A/C

Easy on the name calling, Jamie is correct on this one IMHO.