Posted on 08/28/2014 1:21:39 AM PDT by Olog-hai
Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health.
Seventy-one percent of Americans say they think the recession exerted a permanent drag on the economy, according to a survey being released Thursday by Rutgers University. By contrast, in November 2009, five months after the recession officially ended, the Rutgers researchers found that only 49 percent thought the downturn would have lasting damage.
And that was when the unemployment rate was 9.9 percent, compared with the current 6.2 percent.
(Excerpt) Read more at hosted.ap.org ...
All manipulated by the government. No body is falling for their tricks. The government claims that unemployment is falling, but there are more people out of work than ever before.
I was surprised yesterday. Local news painted a picture did not think would be painted of the state. Local news mentioned unemployment was up in my state. That would not have been said under any circumstances six months ago by local news. The data is becoming harder to hide perhaps?
Then again, here is the other side of the coin in my state. During the last election republicans captured nearly elective office at the state level. Another election is nearing so is the local media talking down republicans to the voters and attempting to generate turn out for democrats?
After reading the excerpt I could not read the full article. Is the author stupid or does the author think we’re stupid?
If one repeats a lie enough times ... Yadda yadda yadda ...
Given that he worked as a Politico economics reporter, if he is not stupid, he is certainly heavily brainwashed.
Which state?
Give us a clue. NSA already knows.
despite stock market gains, falling unemployment and growth moving closer to full health.
BS meter at 100%.
Federal Street or Wall Reserve is up and once everyone is in, the elite profit taking begins. I would say October is a good bet.
The recession didnt put a permanent drag on the economy, dim-0s have.
Just like in EVERY CASE , when
Republicans pick up power, the economy does better. When dim-0s pick up power,
the economy falters.
It happened when carter gained the WH, the economy got WORSE.
It happened when Reagan gained the WH, the economy got BETTER.
It happened when clinton gained the WH, economic growth dropped from over 4%,
to about 2% 2 years later.
It happened in jan ‘95, when Republicans took over congress, the economy caught
fire and sported some of the best times in our history, including balanced
budgets and even a PROJECTED surplus.
It happened in jan ‘01 when W. gained the WH. He inherited a recession, a crashing market and 9-11 with terrorists in our country planning and training. He turned that into the longest running jobs expansion in our history with an average 5.2% unemployment number.
It happened AGAIN in jan ‘07, when dim-0 gained control of congress promising
“CHANGE” from the 4.4% unemployment, mid 4% economic growth, and the
longest running jobs expansion in the history of the nation.
“CHANGED” to depression.
Think of bullets wrapped in paper.
Rush pointed out yesterday that polling on individual Senate races has also quietly disappeared. Hmmmm.....
Just saying.
America needs to bring back American production.
Stop making everything in China.
And that was when the unemployment rate was 9.9 percent, compared with the current 6.2 percent.
How about Canada? They got Warren Buffett to bring Burger King there and away from Florida. How? By lowering corporate tax rate to 15 percent. (And Buffett is notorious for saying that paying higher taxes in the USA is “patriotic”.)
Jobs won’t be coming back here when the USA has the highest of that particular tax rate on the planet, never mind the regulations on top of all that.
Of course, once too many people are out of work here and nobody can buy anything, what then?
I completely agree with your last sentence, which is why I am on the “Buy American” kick.
Just saying.
Don’t know ... puzzling.
With the low information voter, you don’t even have to repeat that often. You could tell them there is 0 unemployment and even the ones who are unemployed would believe it.
Brainwashed and Stupid, have become synonyms in this age. It used to be that you had to be born stupid. Now you can become stupid. Science marches on.
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