Many Americans feel economy isn't improving

Go attitude!

 

HA!!!!

ACA will only be repealed if it is replaced by a single-payer system. Good luck yanking health care from 7 million Americans!

 

so your saying if the fed stop the 70 billion a month Qee into the banks the stock market wouldn't go down?

 

Interest rates? Going UP?! Not for anybody who saves money in a credit union or an S&L. The CD rates are even worse now than they were a year ago. Try finding a savings interest rate of as little as 1.5% on a deposit of, say, $200K, for 12 - 15 months. I'm talking about a place that is insured by the Federal Government, not one of these "banks" that's not really a bank at all.

Speaking of banks -- they don't have to pay people an interest rate on savings that coincides with real demand and supply because all they've had to do for the past six years is go to the Federal Reserve discount window and get all the ****ing "bank"/"base" money they want -- then they sit on it and make money on the interest just for sitting on it. Take no risk, make no loans -- just sit on it.

But mere ordinary people who save money? They get bent over and DRILLED! And there's no end in sight....

 

Communism.

Just kidding. (joke).

You aren't supposed to put any money in banks. They want all your long term savings to go into the market.

 

but the bank stocks and the stockmarket, is doing so great because of this..
http://www.thestreet.com/topic/25904/commercial-banks.html

 

Follow this thought...everything is all lies. When you follow this thinking you won't stumble around in the dark. But you will need a light to see what is true.

 

There was a huge increase in filings in 2005 because that was the year that the new laws went to effect later in the year that would have made it harder for people to get a straight Chapter 7 discharge. We are now back closer to trend line.

 

But we can believe on the basis of what we have observed! This "recovery" has rescued and enriched two sectors especially well: the investment banking sector, and, the stock market. EVERYTHING in this "recovery" has been for the benefit of the criminal, deceitful bastards who caused the Great Recession in the first place. Working, taxpaying American citizens have been completely trodden underfoot -- and it happened under both Idiot Bush and Idiot Obama, our "Insane Clown Posse" of the American presidency....

 

Seems you are the one repeating your nonsense because you have nothing else.

So which is it?

If the economy is improving there should be ample jobs for people so we shouldn't need to extend unemployment benefits.

The sky is falling. Oh wait, maybe it isn't. Or maybe it is.

 

32% is MANY stupid people alright. Not as many as the 200+ million that disagree but a lot.

 

Neither.

How bad the still are almost 5 years after the last recession ended. The left wanted Bush's head on a platter when it hit 6.5% two years after that recession and for just one year before the 52 months of full employment that followed.

Housing prices have been falling the last few months hopefully all the companies to were going to go bankrupt in the last recesssion did so long ago and foreclosures have been stayed off by government programs although one would hope that 6 years after the collapse they have at least stabilized.

It just isn't good politics for the Democrats to accept that this has been the worst recovery we have ever had and that the economy is still extremely weak and unemployment still horrible.

And the states that are doing well are doing so because of the policies they enacted. Obama's stimulus was a bust, a total bust.

 

`

Yeah, the last defense of the "stupid". "Everyone else is stupid"

 

QE, lowers yield on long term assets the Fed purchases as part of QE and it increases the money supply.
QE has an overall economic effect, and most definitely is not used to artificially increase stock market indiceses.
There is NO net asset increase at the banks when they sell off their bond holdings to the FED.

Its almost as if many people think that the managment of a global monetary unit and its supply is the same as them manageing their personal finances, only the government uses bigger numbers.

 

I'm guessing a large portion of those with the most negative outlook are Fox News (or similar) watchers.

Exactly why we need a national health care system.

 

glad you also reject the hypocracy.

And this is relevant why? Unemployment is lower than its been in over 5 years. Is that or is that not an improvement?

Yes, yet another indication of returning stability and growth.

Its definitely isn't good politics for the right to acknowledge that the stimulus did what it was designed to do - stave off a full blown depression. Seems the right consistently ignores this little gem with their partisan erroneous declarations of stimulus failure.

Its also rather amusing to listen to the right lament that it was democratic policies that made recovery so slow. Naturally holding the majority in the last two Houses and Boehner & Company easily winning consecutive coveted "Least Productive in History" awards had NOTHING to do with slow recovery. I guess the right's intransigent insistance on recessionist spending cuts and refusal to increase taxes or close loopholes, creating and maintaining FUD, and being generally obstructionist, was an appropriate "recovery strategy".

 

Correct. The DOW isn't an indicator of how the economy is doing.

You do realize that the DOW hit record levels under Clinton and GWB and both times there were corrections that happen afterwards.

Besides, when did lefties start liking wall streeters, bankers and rich investors? Inquiring minds want to know.

The labor force participation rate is at a 35 year low. That's why the unemployment rate is at 7%.

The people who foreclosed have already done so and they aren't buying homes. They are renting. Home ownership is at a historically record low. The people who are buying the homes now are rich investors hoping to make a quick buck.

 

So the stock market indices hitting record levels provides no indication of economic health? Sure.

You should beware of quoting a "raw statistic" like the labor force participation rate, particularly since you do not appear to know the paramaters used to measure it, the downward trend of the raw statistic for the last 40 years,nor how the baby boomers large age cohort transitions along with increasing elderly employment rates distorts that raw statistic.

yet another bumpersticker slogan from the right that sounds good but cannot withstand even superficial scrutiny.

ONce again you spout bumpersticker nonsense in lieu of fact. Home ownership is no where near an historical low.



What I find disturbing that even tho when it is pointed out how misinformed partisans can be, they simply ignore the contradictory evidence and keep spouting these non-facts, in a blatant display of manipulative untruth.

 

Your graph only shows up to 2008. A little out of date wouldn't you say?

Here are the real numbers up to 2012.

As you can see, the homeownership rate is at a 16 year low...



Homeownership and Vacancy Rates

 

So, you don't deny that the labor force participation rate is at a 35 year low?

You just have a problem that we keep using that statistic without mentioning anything about the baby boomers?

Am I correct?

If so, then that makes the mentioned fact even more disturbing.

Because these retirees are banking on Social security and we all know that social security is a pay as you go system.

So, that means, we need young healthy workers to pay into the system so that these boomers can get their fricking check.

I just read that nearly 49% of Americans receive some kind of government check.

Probably by next year, that will be above 50%.

When we get above 50%, then we become a top heavy system.

A top heavy system cannot sustain itself. We will eventually fall like Greece did.

Mark my words.

 

We can't have it when we have guys worth a quarter billion dollars paying only a 14% tax rate, like Romney.

Just like Greece, if you don't collect taxes the system cannot sustain itself. You don't have to mark my words. Just look at the experience with tax cuts we've had over the past 30 years.

 

So, you want him to liquidate all his assets (homes, investments, properties, belongings) so you can get your grubby little fingers on it?

How immoral of you.

 

Like I said no where near historic lows.
I have no argument with fact, but I do with partisan hyperbole.

 

I guess you don't know what "near" means.

Because the current homeownership rate is "near" the historic low which spanned from 1985 to 1995.

 

Age adjusted, yes, I will deny that the labor force participation rate is at a 35 year low.

You missed the nail completely. Nice hammer hole tho.

I have definitely marked your words, but apart from opinion and the inevitable misrepresentation of certain facts, there doesn't seem to be anything of significance or import worthy of such stature.