Quote:
Originally Posted by gadabout
lol So inflation is at all times lows huh. Look at the prices of oil, coffee, gold, any food, and many others you will see that is crap.
The stock market is up but if you actually look at it due to real inflation it is really low.
Have you actually looked at what is considered employment now. A part time job of 5 hours a week is not enough to live on and is considered employment.
The drop in interest rates is good for the people that are investing but terrible for the average person.
http://video.google.com/videoplay?do...86400366848876 |
exactly, from shadow stats:
" He explains why contemporary unemployment numbers are bogus. Today, the unemployment number does not include those unemployed who have been discouraged and out of work for more than a year. So they are taken out of the work force completely automatically. This results in knocking about 5 million unemployed out of the broader measures of unemployment.
Thus, unemployment is about 50% higher than is commonly alleged. And thus, "Today unemployment is really up around 12%."
and there is DOW stock index peformance against real value commodities:
http://www.financialsense.com/fsu/ed...2007/0416.html
just one chart example: commodity index
