Posted on 01/02/2006 4:19:44 AM PST by ventana
LOL! Well good-
I am no economics major- but I had NO IDEA what illegal immigration, welfare, and standing up for my neighbor had to do with this UAW president saying that over 30 yrs was not a secure job....
thought I missed a class or something.....LOL! But I will enjoy perching myself right here to learn more about economics...yes- I am a nerd- I love to learn...
"Not everyone could afford a college education. And that's still true today."
Nonsense! Where there's a will, there's a way... There are grants, loans, the military, etc. There's so much $$$ for college it's ridiculous. And of course, you can always do what a lot of us did--work your way through school.
"Americans must stand up for the RIGHTS of their fellow Americans'
Do you stand up for my RIGHT as an American to be a free-trader?
work your way through school..
Hey! I did that! mowed lawns and scrubbed toilets for anyone who would let me....kept a 4.0 GPA, made President's List, and was even student of the year!
oh- and had 2 preschoolers and a highschooler to raise in the meantime while deadbeat dad was stealing cars and selling drugs...
I have no patience for whining victims...
No new Victorian/Edwardian books out for this Christmas, so no, I'm off reading on a different topic. I like alternative history books, so I just may look into what you're now reading. Thanks for the tip!
Oh pleeeeeeeeeeeeease...don't hand me that tired excuse for not saving; it's so old, its white beard is trailing on the ground! Even the poorest of the poor can save, if they REALLY want to and some of them used to. Almost nobody lives from hand to mouth today. There is absolutely NO valid reason to NOT save; yet fewer and fewer people think ahead and put anything by. Part of it,I lay at the feet of Benjamin Spock, whose baby rearing book is partly responsible for generations of instant gratification whingers.
Can you play Quidditch on line?
I wasn't an economics major, but I do know history and understand the topic. There's always something you can learn on FR; even if it's just who is a fruitcake and who isn't. LOL
Clearly you do not read at the most elementary level.
The rights that must be defended are our constitutional rights. They include, for your edification, the right to elected representation. Only "free traders" would have a problem with that, as you have so ably demonstrated.
Re: your tag line. I'm not buying it.
And I've never been a full-throated W. supporter.
Examine my posts.
LOL........you're on a roll tonight, aren't you? :)
My rights to vote have been subsumed by "free traders"?
I have no ( well, actually I don't, considering who they are ) no Senators and no Representatives in the Senate and the House? The person whom I helped to place in the White House isn't there because I voted for him? IN WHAT UNIVERSE?
Only a tinfoil wearing boob would claim this is not so.
Seriously needed by the sky-is-falling-crowd.
http://www.amazon.com/gp/product/0465081452/qid=1136260435/sr=8-2/ref=pd_bbs_2/102-2035226-7326504?n=507846&s=books&v=glance
No, I'd argue that point. What about liquidity based on a yearly outlook? A two-year outlook?
No......I can tell you for a fact that it has nothing whatsoever to do with 'liquidity'. No offense intended when I say that's a canard.
Some of us really DO try to stay on topic, and thanks for reminding all of us that we should. Let's go back to the article and perhaps we can salvage the thread.
This government "feel good" economic reporting started, no surprise, in the Clinton years. Focus groups liked good news.
This is macro economic stuff, folks. Those of you getting off on schadenfreude at the micrco economic misery of your fellow citizens keep on keepin' on. Nothing for you here.
Good post, Paul Ross. And thank you for "Hypothetical Hocus-Pocus." I've been asking for feedback on hedonics for almost a year. I thought it was someting I saw in a Monty Python movie.
The GDP is bumped by an amount of dollars "into a higher number reflecting the hypothetical benefits of soaring computer power." Technology inflation, some call it.
Thus according to your reply a 1998 Clinton calendar quarter GDP increase of $114.2 billion (nominal value, right?) becomes $127 billion (Monty Python value).
It lives on today. In fact, this "increase in computer power that businesses are getting for their money" inflates the manufacturing portion of the GDP and an article by Mr. Reynolds of CATO (I believe) a couple of years ago used the result to "prove" that manufacturing has remained unchanged as a portion of the GDP for decades. Thus refuting that any significant offshoring was taking place. Limbaugh, et al. picked it up and amplified the crowing coast-to-coast.
Did they really take housing, energy and food out of the "basket of goods" used to measure inflation? If so what the hell is left? What the helll is the point of measuring "inflation?"
Well, I'm going to copy your replay and save it for later. Thanks again for the work!
Americans aren't making Fords? Is that what you meant about illegal aliens? Are they making the Fords?
(NAFTA and CAFTA are travesties, granted. I personally am doing great under Bush's fantastic economic management.)
Never underestimates the power of free trade to create jobs. I hope you stay open minded about the possibility that NAFTA, CAFTA, and of course the tax cut, have been very important in Bush's fantastic economic plan.
How're your wife and kids? I hope all of you had a Blessed and Happy Christmas!
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