Trend Setters and Range Riders Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trend Setters and Range Riders

MSFT 507.77

-0.5%

1:03 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Petrol who wrote (23415)	10/14/2002 2:22:47 PM
From: Susan G	Read Replies (1) of 26752

some incredible facts posted by Lee Lichterman on the marketswing.com site this morning. Since November 2000……... • Some 1.3 million more Americans below the poverty line. • An additional 1.4 million people without health insurance. • Unemployment up 2 percent and long-term unemployment almost doubled. • Overall economic growth at 1 percent, the lowest for any administration in 50 years. • The value of Americans' stock holdings down $4.5 trillion and a 30 percent drop in the value of IRAs and 401(k) plans. • A projected budget surplus of $5.6 trillion converted into a deficit of $400 billion. • Some $2 trillion transferred from Social Security taxes to the non-Social Security budget. • And 45 of the 50 states struggling with budget problems that are forcing program cuts or higher taxes. And one I can add, July 2002 fund outflows (approx. 52 billion if I remember correctly) now the largest outflows for a month in history.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next