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U.S. personal incomes fell in January
AP ^
| 28 Feb 2005
| Staff Reporter
Posted on 02/28/2005 7:24:15 AM PST by roaddog727
WASHINGTON - Personal incomes which had been bolstered by a large stock dividend payment in December plunged 2.3 percent in January, the sharpest decline in more than a decade. Consumer spending was flat, the government reported Monday.
(Excerpt) Read more at msnbc.msn.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: checkpost14; economy; personalincome
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Read deeper into the report and note that after the gargantuan Dividend payout by Microsoft, Without that $32 billion payment, personal incomes would have shown steadier gains of 0.6 percent in December and 0.5 percent in January.
MORE AP negative spin
As always - Have at it.
To: SierraWasp; Pikamax
2
posted on
02/28/2005 7:24:50 AM PST
by
roaddog727
(The marginal propensity to save is 1 minus the marginal propensity to consume.)
To: roaddog727
AP=Anti-American Propaganda
3
posted on
02/28/2005 7:43:25 AM PST
by
Edgerunner
(Proud to be an infidel.)
To: roaddog727
Read deeper into the reportOh you mean the first sentence.
4
posted on
02/28/2005 7:49:20 AM PST
by
Doe Eyes
To: Doe Eyes
Yes, such that it is......
5
posted on
02/28/2005 7:50:21 AM PST
by
roaddog727
(The marginal propensity to save is 1 minus the marginal propensity to consume.)
To: roaddog727
My own personal income fell 100% in January.
6
posted on
02/28/2005 7:51:17 AM PST
by
Sender
(Team Infidel USA)
To: Sender
Sorry to hear about that.
Any prospects?
7
posted on
02/28/2005 7:53:56 AM PST
by
roaddog727
(The marginal propensity to save is 1 minus the marginal propensity to consume.)
To: roaddog727
401K March 31,2003 - Feb 28, 2005 Two year period
Rate of return 51.9%
Sucks doesn't it? Wonder what it would have done if Bush hadn't screwed up the economy so bad? (/sarcasm)
8
posted on
02/28/2005 7:59:22 AM PST
by
listenhillary
(My tagline died, memorials may be made to me via Paypal)
To: listenhillary
Wow, you use your personal good luck in order to 'prove' that this article is incorrect?
It's tough out there, for a lot of people. And I dunno if it's really getting much better.
9
posted on
02/28/2005 8:00:20 AM PST
by
G32
To: roaddog727
Yeah, I have several prospects but no firm offers yet. The bad thing is that all the prospects pay about 1/3 what I was making.
10
posted on
02/28/2005 8:03:03 AM PST
by
Sender
(Team Infidel USA)
To: Sender
11
posted on
02/28/2005 8:06:41 AM PST
by
roaddog727
(The marginal propensity to save is 1 minus the marginal propensity to consume.)
To: G32
You know I just fell into this job, and "luckily" I just happend to show up for work most every day for 23 years. "Luckily" I studied up on what to do with money other than blow it on crap.
"Luckily" I made positive contributions to the comapny I worked at and made myself valuable to it's continued properity.
Go'way newbie
12
posted on
02/28/2005 8:08:26 AM PST
by
listenhillary
(My tagline died, memorials may be made to me via Paypal)
To: roaddog727
I'm sure that as usual this skewering of the data by AP will be corrected, and we will see the minor dip in the markets replaced with an increase.
13
posted on
02/28/2005 8:17:28 AM PST
by
Grampa Dave
(The MSM has been a WMD, Weapon of Mass Disinformation for the Rats for at least 4 decades.)
To: listenhillary
Well good for you. Other people are doing the same and not getting any great rewards. Don't give me the hero schtick.
The middle class is suffering badly, and your anecdotal evidence doesn't change this.
14
posted on
02/28/2005 8:19:05 AM PST
by
G32
To: G32; MeekOneGOP; listenhillary; Darksheare; Conspiracy Guy; darkwing104; timpad
The middle class is suffering badly, and your anecdotal evidence doesn't change this. I hear faint meowing on the wind...
15
posted on
02/28/2005 8:25:29 AM PST
by
TBarnett34
("Unnngh!" -John F'n Kerry, 11/2/04)
To: TBarnett34
I'm not trolling, I'm commenting on this article and what I see around. It's rough out there. Gotta jump all over me for saying that?
16
posted on
02/28/2005 8:26:21 AM PST
by
G32
To: G32
You're making your own counter-assertions without providing any evidence, and slamming someone who actually is providing some.
That's trolling, bud.
17
posted on
02/28/2005 8:27:15 AM PST
by
TBarnett34
("Unnngh!" -John F'n Kerry, 11/2/04)
To: TBarnett34
We can discuss the article. It's saying that pay rates are down. That seems pretty clear to me.
Sorry if I offended you.
18
posted on
02/28/2005 8:29:42 AM PST
by
G32
To: G32
Home ownership is very high. Car sales are up. I have more cash than I've had in years inspite of gasoline yo yo prices. I don't know anyone who is truly middle class that is suffering for any reason other than bad decisions.
19
posted on
02/28/2005 8:35:03 AM PST
by
Conspiracy Guy
(Reading is fundamental. Comprehension is optional.)
To: Conspiracy Guy
That's all well and good. Right now I'm doing ok myself too.
However, it seems pay rates are down on average. Not just a few screwups.
New home sales also hit a big snag last month too. I'm really concerned about pay rates going down. That is a particularly bad stat to have.
20
posted on
02/28/2005 8:36:55 AM PST
by
G32
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