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Which is the best indicator of how well the economy is doing?

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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:11 PM
Original message
Poll question: Which is the best indicator of how well the economy is doing?
Edited on Tue Sep-16-08 06:45 PM by ColbertWatcher
There is no "other" choice for this poll.

Also, please note "unemployment" is meant to be real unemployment numbers not the imaginary ones the GOP uses.
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BootinUp Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:14 PM
Response to Original message
1. Other
McSame retracting his statement that the economy is fundamentally sound.
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yourout Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:14 PM
Response to Original message
2. Real unemployment numbers......not the Bushco version.
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:15 PM
Response to Reply #2
5. Yes, I guess I could put that in there. n/t
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madeline_con Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:15 PM
Response to Original message
3. How beat Duh-bya looks every time he's on TeeVee.
You know it's in the shitter.
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LSdemocrat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:15 PM
Response to Original message
4. Other: Inflation adjusted household incomes
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VP505 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:16 PM
Response to Original message
6. One trip to the grocery store
with a stop at the gas station is all that's needed for most middle class people to know how well the economy is doing for them.
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:17 PM
Response to Original message
7. Other--
The balance in Jackpine's bank account
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:18 PM
Response to Original message
8. New car sales
because they represent both a non necessity and faith that the future will continue to provide the same job at the same income for the life of the car loan.

People tend to vote "no confidence" in a failing economy there first.
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protect our future Donating Member (786 posts) Send PM | Profile | Ignore Tue Sep-16-08 06:22 PM
Response to Reply #8
11. I voted "new car sales" also. n/t
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PerfectSage Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:21 PM
Response to Original message
9. The stock market is the best predictor of where the economy is going.
Edited on Tue Sep-16-08 06:21 PM by PerfectSage
We've been in a bear market since January. SP500 and Dow started hitting 52 week lows in January for the first time since Oct/2002.

imo At least 1 probably 2 more years of bear market left.
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protect our future Donating Member (786 posts) Send PM | Profile | Ignore Tue Sep-16-08 06:26 PM
Response to Reply #9
12. Didn't the market start downhill in the fall of '07 and never recovered?
Like around October?
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PerfectSage Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:37 PM
Response to Reply #12
13. The top occured in oct/2007
Edited on Tue Sep-16-08 06:45 PM by PerfectSage
The breakdown to 52 week lows for the first time since oct/2002(bottom of the last bear market) occured in January.

So at that point I was 100% sure a bear market had started. Whereas in the fall/2007 I thought a bear market was probably coming, but without 100% certainty.






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Naturyl Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:21 PM
Response to Original message
10. Poverty rates.
A society is judged by how well it treats its least fortunate.
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morgan2 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:40 PM
Response to Original message
14. gdp growth combined with income distribution tables
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 07:08 PM
Response to Original message
15. Median family income, adjusted for inflation, is the best indicator.
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The Gunslinger Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 08:46 PM
Response to Reply #15
18. I agree. and unfortunately its going down.
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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 08:49 PM
Response to Reply #15
19. Using that ruler, the US economy has been staggering since Reaganomics 1980s.
Since then, median family income has not grown at the same rate it grew in the 1950s through 1970s. By the middle 1990s, it stagnated, and in this decade, it has actually started to shrink.

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tokenlib Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 07:18 PM
Response to Original message
16. not just unemployment but underemployment which is just as scary..
..too many educated workers or former manufacturing workers getting stuck in service sector limbo. Plummeting standards of living as a result...
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 08:44 PM
Response to Original message
17. Wednesday kick. n/t
Edited on Wed Sep-17-08 08:44 PM by ColbertWatcher
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