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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (113952)	5/19/2012 2:24:11 PM
From: tejek	Read Replies (1) \| Respond to of 149317

So how can this be happening with such an accommodative Fed? After all, in spite of more “money printing” than anyone has ever seen, actual U.S. economic growth – including income and job growth – is slowing. In fact, in the last 60 years we have not seen a slowdown where year-over-year payroll job growth has dropped this low without a recession. See this is the problem with numbers wonks.........they often can't see the forest for the trees. The Great Recession was no typical slowdown........we have had nothing like it since the 1930s. So yeah, its going to read differently than other recessions. Currently our unemployment rate is at where most recessions usually end up at the worst of their slowdowns. We still have huge amounts of vacant industrial space not being utitlized...........we have large numbers of people still unemployed. Its why we don't have any inflation. And of course employers are going to take advantage of the situations. Its why many want more stimulus. When are you going get to get it and stop relying on the ECRI wonks to do your thinking? Shit, MM, wake up and smell the coffee!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!