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

To: tejek who wrote (263564)	12/6/2005 9:34:27 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1573812

Ted, Down? From where? You do understand that the economy is not producing enough jobs to reduce unemployment and that any 'downness' you see is due to discouraged people leaving the work force? I really hope you see that because then you will realize just how facile this recovery has been. This is straight from memory, but I remember unemployment is down to like 5.0% and the GDP was growing at an annualized rate of over 4.0%. Pretty good numbers no matter how you slice them. Add in the fact that state treasuries, including that of California, are seeing higher-than-expected revenues, and it seems like the recovery really is well underway. The only problem is a general sense of pessimism across the entire nation. Iraq sure doesn't help. Gas already fell significantly from its summer highs, yet no one is really cheering the trend. The only ones really happy these days are those who already cashed out on the real estate boom. Like I said before, the figures are straight from memory, so I don't have links at the moment. Sorry. Tenchusatsu