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It appears the economy may be going into a slump before Dems take over?

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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-07-06 05:36 PM
Original message
It appears the economy may be going into a slump before Dems take over?
The market was dwon again today. And tomorrow, the latest job statistics come out and they are not expected to be too rosy. Much like when Bush and Cheney took over in 2000 and claimed that the economy was going down, even though the unemployment rate was 4% at the time. Should the Democrats educate the people likewise at how the economy is going down before the Repubs leave office?
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INdemo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-07-06 05:45 PM
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1. I must have posted this opinion 20 times since 2004
I said that when the Democrats win the majority all of a sudden the real numbers will be revealed about unemployment,job losses,jobs created etc..The DOL granted *s his request and only released phony numbers to hide the truth about the economy...and this has been going on since 2002..One doesn't have to be an economist to realize that the economy certainly isn't as stable as * and the Republicans have bee telling the American public.
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Coyote_Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-07-06 05:47 PM
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2. Ummmmmm.....
The economy has been bad for a long time now.

And the market is a poor measure of the US economy. Why? Because it does not measure (1) US companies, (2) production of US labor, or (3) US consumption. You would need a market index of wholly US owned companies, doing business only in the US and not utilizing foreign labor to do that.

Market changes affect the American psyche more than they reflect economic reality in the US.
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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-07-06 06:21 PM
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3. the economy is always DOA when we get it.. about 90% of all Republican presidents caused a recession
then blame us when we are scraping their shit off the road so we can get it started again..
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