LetemEatCake

Champion Author
Oklahoma City
Posts:2,988 Points:767,880 Joined:Mar 2008
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Message Posted: Mar 14, 2010 6:40:16 PM
ronsimonil....
Unemployment figures are lagging indicators of economic health. Expect to see leading indicators such as bank stabilization and greater savings, stocks and bonds rising, retail sales increasing, greater exports, even manufacturing increasing...before unemployment makes a big pullback. We didn't get to this place overnight or even in a year, so it cannot be fixed overnight.
If this recession has taught us nothing else, it is States who formally put all of their eggs in 1 basket, depended on a single industry for prosperity....have suffered the most. Diversity in the future will be very important to keep us employed.
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Sneakers55

Champion Author
Houston
Posts:43,390 Points:1,713,080 Joined:Nov 2005
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Message Posted: Mar 13, 2010 7:08:00 PM
ElvisHounddog wrote:
>Why is the stock markets, oil markets and gasoline prices >climbing?
As to the stock markets: Money goes where money grows. Money isn't growing much if at all in the fixed-income markets, but interest paid is money coming in.
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ronsimonil

All-Star Author
Texas
Posts:734 Points:157,975 Joined:Mar 2009
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Message Posted: Mar 12, 2010 3:14:01 AM
How can we say the economy is recovering when we still have this much unemployment?
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JOHNNY95206

Champion Author
Stockton
Posts:2,780 Points:306,380 Joined:May 2008
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Message Posted: Mar 12, 2010 2:03:19 AM
The only good thing here is that GM & Ford are stating to bring people back to work. We should be happy for them. The rest of it is not so good for the rest of us.
The government dose use different unemployment data charts you can find them on the web, But they all tell the same story. There are to many people out of work.
There is more about GM & Ford if you read the whole story.
[Edited by: JOHNNY95206 at 3/12/2010 5:10:04 AM EST]
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Fitwit

Champion Author
Stockton
Posts:4,370 Points:943,800 Joined:May 2009
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Message Posted: Mar 12, 2010 1:29:19 AM
From what I remember reading Detroit has the hightest rate of government takeover already, even before all this interference by the Obama administration. That was one of the reasons their schools were failing so drastically.
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Fitwit

Champion Author
Stockton
Posts:4,370 Points:943,800 Joined:May 2009
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Message Posted: Mar 12, 2010 1:25:35 AM
That fall un unemployment is a tenth of a percentage point.
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ED6

Champion Author
Riverside
Posts:7,542 Points:1,469,620 Joined:Jul 2007
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Message Posted: Mar 12, 2010 1:24:31 AM
I'm still reading layoffs in different newspapers.
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EVBuddy

Champion Author
Nevada
Posts:14,343 Points:2,569,615 Joined:Sep 2004
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Message Posted: Mar 12, 2010 1:16:56 AM
So, is the ecominy getting better?
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Ply440GTX

Veteran Author
Kansas
Posts:411 Points:266,110 Joined:Feb 2009
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Message Posted: Mar 12, 2010 1:14:27 AM
Heard a lady on the radio lament that in the past 2 1/2 years, she submitted 600 applications for work and not a one of them was interested in an interview with her... My count is at almost 2 years with 400+ apps. submitted, all gov't jobs. This sh*t SUCKS!!!
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computernut2008

Champion Author
Ohio
Posts:4,260 Points:901,320 Joined:Oct 2008
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Message Posted: Mar 12, 2010 1:11:55 AM
They are destroying are economy and it ain't no accident. We had better stop they marxist now
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NotTom

Champion Author
New Hampshire
Posts:4,110 Points:1,069,185 Joined:Aug 2005
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Message Posted: Mar 12, 2010 1:01:44 AM
Again we recovered companies, not the average American
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twobroke61

Champion Author
Michigan
Posts:6,055 Points:1,130,940 Joined:Sep 2008
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Message Posted: Mar 12, 2010 12:58:34 AM
hang on folks predictions are things are going too become much worse later in the year
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1fulltank

Champion Author
Buffalo
Posts:5,587 Points:1,088,295 Joined:Nov 2008
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Message Posted: Mar 12, 2010 12:56:34 AM
Flawed reporting system in that it reports those ON unemployment rolls, not counting those who have exhausted their limits and are now either on public assistance or something (or nothing) else.
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theawesome1

Champion Author
Cleveland
Posts:6,978 Points:1,304,360 Joined:Aug 2005
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Message Posted: Mar 12, 2010 12:54:42 AM
GM closes another plant in CLE suburb of Twinsburg, the stamping plant.
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mazdaboy

Champion Author
Portland
Posts:5,558 Points:1,637,205 Joined:Aug 2003
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Message Posted: Mar 12, 2010 12:50:46 AM
Better economic times are just around the corner.
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findcheap

Champion Author
Los Angeles
Posts:7,241 Points:1,543,970 Joined:Apr 2007
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Message Posted: Mar 12, 2010 12:48:37 AM
it's overall bad
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Ltdc

Champion Author
Long Island
Posts:4,913 Points:1,224,515 Joined:Jul 2007
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Message Posted: Mar 12, 2010 12:44:34 AM
But what kind of jobs are these formerly unemployed people been forced to take?
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rickgpr

Sophomore Author
Maryland
Posts:185 Points:226,545 Joined:Mar 2008
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Message Posted: Mar 12, 2010 12:44:33 AM
Yep! Kansas City got a taste of the depression. People moving out! They closed 29 of 61 schools! That saved them for awhile........
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jimgraham

Champion Author
Akron
Posts:7,970 Points:1,514,245 Joined:Oct 2007
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Message Posted: Mar 12, 2010 12:42:49 AM
And oil went up. /\ /\ /\
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toyota1999

Champion Author
Louisville
Posts:5,193 Points:1,165,475 Joined:May 2007
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Message Posted: Mar 12, 2010 12:35:26 AM
Just wait til the states start closing schools and laying off teachers. Where are all these jobs that the stimulus created. All it did if it did anything was to delay the laying off of government jobs.
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BIGOILEATURCRUD

Champion Author
North Carolina
Posts:2,980 Points:915,435 Joined:Nov 2008
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Message Posted: Mar 12, 2010 12:11:46 AM
Figures don't lie, but liars do figure. There are many liars figuring here.
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Pozole

Champion Author
Portland
Posts:6,371 Points:1,128,750 Joined:Mar 2005
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Message Posted: Mar 12, 2010 12:03:17 AM
...no schiest, Jackson, my income is less than a quarter of used to could...
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14of45SSR

Champion Author
Saskatchewan
Posts:2,370 Points:829,790 Joined:Dec 2008
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Message Posted: Mar 11, 2010 11:48:37 PM
I know unemployment climbed here in February, I was one of them!
Last July I could've been one of the people sidebrnz is talking about...I know some people like that too!
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RENEGADEGAS

Champion Author
Missouri
Posts:12,067 Points:1,128,155 Joined:Jul 2008
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Message Posted: Mar 11, 2010 11:42:11 PM
sidebrnz...I never thought of that, but your right. When the benifits run out, your off the books. Dosent mean your still not un-employed.
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speedys

Champion Author
Utah
Posts:4,666 Points:2,092,395 Joined:Nov 2005
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Message Posted: Mar 11, 2010 11:40:07 PM
I am with you "Saturn93".
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sidebrnz

Veteran Author
Ventura
Posts:251 Points:81,775 Joined:May 2008
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Message Posted: Mar 11, 2010 11:31:19 PM
What they don't want you to know is that none of them are really counting the number of people who are unemployed; they're counting the number of people getting Unemployment Benefits. If your benefits run out and you're still not working, you're considered to have "left the work force," and aren't counted any more. If they counted the millions of workers who've run out of Unemployment but are still looking, the numbers would be much worse. Of course, that's exactly why they don't count them.
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ElvisHounddog

Champion Author
Columbus
Posts:55,000 Points:1,000,000 Joined:Sep 2007
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Message Posted: Mar 11, 2010 11:24:09 PM
Why is the stock markets, oil markets and gasoline prices climbing?
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GMVAN

Champion Author
Calgary
Posts:4,400 Points:933,580 Joined:Apr 2009
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Message Posted: Mar 11, 2010 11:12:00 PM
Thats not much of a drop.
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bobdec

Champion Author
Florida
Posts:6,721 Points:1,325,590 Joined:May 2008
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Message Posted: Mar 11, 2010 10:58:21 PM
More bad news
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RENEGADEGAS

Champion Author
Missouri
Posts:12,067 Points:1,128,155 Joined:Jul 2008
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Message Posted: Mar 11, 2010 10:49:48 PM
What does this have to do with gas and oil prices? I guess I should have posted the story about the effects of the flu on monkeys? At least it gave the monkeys gas.
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Hunter114

Champion Author
Chicago
Posts:5,540 Points:993,910 Joined:Apr 2009
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Message Posted: Mar 11, 2010 10:47:49 PM
Demand for oil & gas is still weak, prices are artifically high. Getting the shaft from government and the oil pimps.
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TPlayer

All-Star Author
Fort Wayne
Posts:578 Points:149,375 Joined:Jan 2010
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Message Posted: Mar 11, 2010 10:38:46 PM
So why the rise in oil and gas.... there's no recovery... oil is twice what it should be...
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Edtx2009

Champion Author
Houston
Posts:1,847 Points:366,325 Joined:Jun 2009
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Message Posted: Mar 11, 2010 10:38:32 PM
This recession is not going away and will probably get much worse.
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Saturn93

Champion Author
Salt Lake City
Posts:6,571 Points:1,488,850 Joined:Oct 2006
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Message Posted: Mar 11, 2010 10:31:54 PM
In spite of government pronouncements to the contrary, we ain't out of this mess yet. Is this the change YOU voted for?
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CiVX

Champion Author
Oakland
Posts:5,718 Points:1,014,775 Joined:Feb 2009
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Message Posted: Mar 11, 2010 10:31:04 PM
This Sucks!
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grouch311

Champion Author
Illinois
Posts:6,021 Points:1,155,340 Joined:Jun 2007
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Message Posted: Mar 11, 2010 10:30:05 PM
don't think anyone is going to be surprised at the rise
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runningmp

Champion Author
Corpus Christi
Posts:19,336 Points:2,282,855 Joined:Sep 2005
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Message Posted: Mar 11, 2010 10:29:48 PM
I guess the rise in unemployment contributed to the rise in gas prices?
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