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| neal brennan, salon, research, interviews, abusive, jews, journals, branding, kyrgyz, laz alonso, parody, morgaine swann, jamie foxx, metal gear: ghost babel, graduate, ubersitenews humor jokes music movies sports, | It has grown every quarter for almost three straight years. Unemployment: 4.9%. The lowest in four years. The 10 year amnesia average is 5.1%. (For 20 years, it is 5.8%). In Germany and France it is currently at 11.6% and 9.9% respectively. The ISM index, which shows the strength of manufacturing fell amnesia to 53.6 last month. Any value above 50 means growth (in manufacturing). "Since 1970 the ISM manufacturing index has averaged 52.5, while since 1990 the index has averaged is 51.9." It has been above 50 for 27 straight months, "the longest expansion amnesia in the sector in more than 16 years." Corporate profits are up. The stock market is flat this year after a nice gain last year. Interest rates are low. The economy is doing fine. Not great, but not bad. --t "There is no pain in death; it only hurts to die." -Quicksand [ ...reply |
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| This type of inflation is bad for everyone. Your second and third posts are referencing cost-push inflation. I salon agree that high gas prices are bad. So, on the topic of the original argument, wages typically rise with inflation. Few people are on fixed incomes. (Demand-pull) Inflation has the effect of increasing earnings for most Americans. Not just those with out salon of control credit card debt or homes they can't afford. Most people have some sort of debt. [ ...reply just to this salon | comment on the story... | next new ] 132. Re: Come down from your ivory tower by 0tim0 at Fri 2 Sep 1:43pmscore of 1 in reply to comment 130 How can you claim that the economy is "doing fine" when most major economic indicators indicate that economy is doing far worse than normal? Ok, GDP: grew at 3.8% in the first quarter, 3.3% second. The 10 year average is 3.2%. |
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