dg806

The latest hike follows Friday's Labor Department report, which showed a surprisingly large increase of 337,000 jobs last month, a reassuring indication of the economy's vigor.
Liberals Please chime in..................

www.sbmuscle.com

Duncans Donuts

I'm glad this happened

"in the howling bleeding nights, the dogs plunge into the Volga and swim desperately to gain the other bank. The nights of Stalingrad are a terror for them. Animals flee this hell; the hardest stones cannot bear it for long; only men endure."

busyLivin

I am & I'm not. I'm buying next year .

Oh well, it's a good sign for the country.

class Liberalism
{
public void main(){
while (1 != 2)
{ Bitch(); Moan(); BlameBush(); }}
}

milliman

C'mon DG,

You can't expect them to admit "W" policies are working.

Eating crow tastes real bad.

Quitters never win, and winners never quit ! ! !

Who says big guys can't do pull ups ?

Wide grip, behind the neck:

. 37 @ 182 lbs
. 33 @ 198 lbs

redspy

Two words: Hoover President.

It's all about net jobs

BTW, how's the deficit going these days?

milliman

Ouch !

Should come down once the companies start roaring again & profits increase.

Unless W goes on a spending spree, he is part Democrat you know.

I never said everything he did was good. Just better than the alternative.

Quitters never win, and winners never quit ! ! !

Who says big guys can't do pull ups ?

Wide grip, behind the neck:

. 37 @ 182 lbs
. 33 @ 198 lbs

redspy

The U.S. trade deficit is $51.6 billion and the dollar has declined to near a record against the euro.

Lots more work to do....

Here's a quote from the Washington Post:-

http://www.washingtonpost.com/wp-dyn...2004Nov10.html

busyLivin

one step at a time

class Liberalism
{
public void main(){
while (1 != 2)
{ Bitch(); Moan(); BlameBush(); }}
}

redspy

LAM

you do release that those numbers are based primarily on the amount of new unemployment claims ? those numbers are meaningless...

Dumbest statement made in the Anabolic Zone for Nov

TBD

-----------------------------------------------------

What you talking about Willis ?

Big Smoothy

dg308,

I like your posts, but I think the term "liberal" is not very relevant of a term to describe people today. The same goes for "conservative."

These labels are outdates.

Jobs are being added and that's good. The dollars may continue to drop and the Fed may raise rates *more* than 1/4, although I think this additional hike may come in the next meeting, not this one.

China and other countries are storing less greenbacks in their reserves.

Why?

Deficits ---> cause borrowing.

I Are Baboon

Great, the rate has dropped, what, something like four full points in recents years (I'm guessing)? So they raise it 1/4 of a point. YAY. That's like having a $1600 credit card bill and getting excited about sending in a check for $100.

That said, I'm glad I got my mortgage when I did.

I Are Baboon

BTW, I am not a liberal.

Paynne

*Whew* Just got a mortgage at 5.5 I'm seriouly doubting Bush's economic policies given the track record of the last 4 years, but now that we're stuck with him I sure hope I'm wrong.

dg806

Quote:
The steady worsening in the trade data this year has rekindled fears that the United States is becoming dangerously dependent on foreign investors to the point that it is risking a financial crisis. The hundreds of billions of dollars that Americans spend on imported cars, electronics, clothing and other goods from overseas is effectively borrowed from foreigners, who invest the dollars they receive in U.S. Treasury bonds and other securities. As U.S. indebtedness has risen, so have worries that foreigners might suddenly unload their holdings of U.S. stocks and bonds, sending the dollar -- and financial markets generally -- into a tailspin.


I fail to see how this is Bush's fault?

www.sbmuscle.com

dg806

If you have 337,000 less claims than last month, how is this not good news and relevent? Where did they go??

www.sbmuscle.com

milliman

This has been true under every administration. Carter, Reagan, Bush I, Clinton . . .

It is not a function of the administration, but the fact that we the consumer can buy stuff from overseas real cheap due to low cost of labor. Look how much stuff you have that says "Made In China". Labor somewhere around $1 per day.

Issue of our dollars going out of this country is true. But foreigners will continue to invest here since we have one of the most stable economies and investment climates in the world. Where else can they invest their cash ?

But how all of this works is way over my head. I remember this argument/concern coming up back in college economics (1981). I got real worried then too. But nothing has happened at all.

Quitters never win, and winners never quit ! ! !

Who says big guys can't do pull ups ?

Wide grip, behind the neck:

. 37 @ 182 lbs
. 33 @ 198 lbs

redspy

Where else can they invest their cash? Try looking in the business pages and checking out direct foreign investment in China, India and the Pacific-Rim these days. Europe is a rising economic power with new members joining each year. There are many options in the global economy. A key milestone will be when the oil currency is officially converted to Euro's.

dg806

It will still not rival the USA though..............

www.sbmuscle.com

redspy

The British Empire used to feel the same way. Only time will tell.

Dale Mabry

After 6 months you can no longer claim, I imagine that is where some of the claims went.

I have no idea if that is where the data came from or if this means that 337,000 less new claims were made. Either way, measuring job growth this way is statistically retarded.

If sense were common, everyone would have it.

4/2007-Current 75th Ranked most popular image 1 spot behind Prince's bulge...

dg806

You can draw for 26 weeks and then re-up and draw another 26 weeks for a year total.

www.sbmuscle.com

milliman

Red, you are right. Time will tell.

But remember, you are talking about investing an additional 50 Billion or so each month. On top of that, you have expiring treasuries each month or so. All of that needs to be reinvested or parked in a safe secure currrency. Most countries do not even have bond issues that could qualify for this amount of an investment.

Quitters never win, and winners never quit ! ! !

Who says big guys can't do pull ups ?

Wide grip, behind the neck:

. 37 @ 182 lbs
. 33 @ 198 lbs

Dale Mabry

Not if the unemployment rate reaches a certain level, which I believe it has. My buddy went back to school and collected unemployment but he had to drop out after 6 months because the unemployment rate reached 5.5%, at which point they do not allow you to continue your benefit. IMO that is a good thing.

If sense were common, everyone would have it.

4/2007-Current 75th Ranked most popular image 1 spot behind Prince's bulge...

maniclion

How many of those are temporary reconstruction jobs in Florida? How many are Christmas holiday retail temps?

OceanDude

Red you are looking at this wrongheaded. This deficit is an investment in foreign interests that will pay handsomely when the Iraqi Oil starts to flow and the rest of the middle east has to drop their prices to keep competitive. It is going to save us trillions over the next 4 years.

OD

"Doc, If I had known I was going to live this long I would have taken better care of myself..."

Est unusquisque faber ipsae suae fortunae.

We Americans scoff at the likes of African witch doctors yet spend 100's of millions of dollars on fake reducing systems.

The only regular exercise he gets is stretching the truth.

His intellect is not replenished, he is only an animal, only sensible in the duller parts...

maniclion

How many lives will it cost? How many barrels will be lost to sabotage? How many licks does it take to get to the tootsie roll center of a tootsie pop?