SI
SI
discoversearch

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.
Politics : Stockman Scott's Political Debate Porch

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stockman_scott who wrote (50191)7/2/2004 10:32:41 AM
From: Jim Willie CB  Read Replies (1) of 89467
 
learned an old saying the hard way at Digital in late 90's
WE VOTE WITH OUR FEET

people left the company when upper mgmt made bad decisions

the jobs story has been grossly distorted in the last year
unemployment rate is almost 10%
just take 5.6% and divide by 62.2% to get 9.0%
the 62.2% is called the participation rate
so those who give up dont participate in job search

in May 2004, it stood at 62.2 percent, more than 2 percentage points below the rate of January 2001

the Hispanic Center offered evidence which might confirm that 1/3 of all new jobs last month were migrant workers
they issued a statement that many of the new jobs were low paying non-union jobs which might not have been fully counted

as long as we have a huge disconnect between the fascist state economic statistic output, people will vote with their feet
some of the wealthiest Americans are leaving the country
they must pay a capital controls exit tax of $750k though

the rest are left to vote in the elections
let's see if the Idiot Prince and his Fascist minions, who are tearing apart the Constitution, will remain in power

I am not a political animal
I find great fault with the presidential election process
I find Kerry to be shallow, unimaginative, but more honest in his approach to problems
I find Bush to possess minimal intelligence, imaginative in his deceptions, and in no way honest in his approach

this will be a tough election
the winner will not be blessed with much to work with
either inside his own head or inside the economy

much of the jobs criticism directed toward Bushy is unfair
the debt levels had grown about 30% during the CLinton years
so headwinds are becoming more difficult for businesses and households
but this war is the greatest problem of all
it adds to federal debt and offers little benefit from the economic multiplier effect

few economists understand that our financial market supposed bull, and our supposed economic recovery are both grossly dependent upon the easy credit terms
the big surprise will be how quickly the economy falters

/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext