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Post by AztecWilliam on May 13, 2014 17:52:22 GMT -8
When compared with other recoveries since 1960, not well at all. First, let's remember that the recession officially ended just about five years ago. That's half a decade.
Here are the facts. . .
4-4-14
Obama recovery:
19 quarters; average growth 2.2%
Total growth: 11.1%
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Average, all recoveries since 1960
Average growth per quarter: 4.1%
Total Growth: 21.1%
Not too much to brag about there. Also, our labor participation rate is the lowest in several decades. If you count people who have given up and those who are working part time, we still have an unemployment rate of over 10%. Talk about a Stinkburger!
AzWm
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Post by aztecwin on May 14, 2014 13:40:55 GMT -8
Just think how horrible it would be if they had not tried to cook the books with all this buying of debt. We must wait for the other shoe to drop and that will be the inflation that must result from that money they created out of thin air.
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Post by AlwaysAnAztec on May 14, 2014 14:11:26 GMT -8
Just think how horrible it would be if they had not tried to cook the books with all this buying of debt. We must wait for the other shoe to drop and that will be the inflation that must result from that money they created out of thin air. Wouldn't that be good for old people in fixed incomes? You've got to be tired of getting 1% on your CD's |
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Post by aztecwin on May 14, 2014 14:31:08 GMT -8
Just think how horrible it would be if they had not tried to cook the books with all this buying of debt. We must wait for the other shoe to drop and that will be the inflation that must result from that money they created out of thin air. Wouldn't that be good for old people in fixed incomes? You've got to be tired of getting 1% on your CD's I have no CD's and your question shows you do not understand economics. |
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Post by AlwaysAnAztec on May 15, 2014 8:39:46 GMT -8
Wouldn't that be good for old people in fixed incomes? You've got to be tired of getting 1% on your CD's I have no CD's and your question shows you do not understand economics. If, at your age, you don't have part of your portfolio in cash or cash equivalents then it shows you know nothing about investing like you pretend to do. |
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Post by aztecwin on May 15, 2014 10:17:52 GMT -8
I have no CD's and your question shows you do not understand economics. If, at your age, you don't have part of your portfolio in cash or cash equivalents then it shows you know nothing about investing like you pretend to do. Just not CD's. There are so many rather safe higher yields available you need to be stupid to be in CD's. Is that where you are? |
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