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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (218658)2/10/2005 8:19:20 PM
From: RetiredNow  Read Replies (2) | Respond to of 1574906
 
This guy is ignoring payrolls of small private businesses. When we have a jobless recovery like we've had in 2003, going into 2004, many qualified people turn to their own businesses. These people don't show up in the statistics, but they are making money. If you were to include these people in the numbers then gainfully employed people would rise sharply and the unemployment figures would come down.

However, liberals don't like to count any gainfully employed people that might shed doubt on their assertion that the economy is in shambles and it's all Bush's fault. Meanwhile, my portfolio earned 10.5% last year and 28% the year before, and I still have a good paying job. Inflation is low, rates are low, corporate profits are at an all time high, stocks are undervalued when compared to 10 year bond rates, unemployment keeps coming down, and consumer spending has remained robust. Looks pretty good from where I'm sitting.