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Old 12-06-2012, 07:39 PM   #1
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Default Poster Longhorn, explain this.

Obama inherited a recession and did a terrible job?
dow jones, nasdaq, sandp




Last edited by nathanjizzle : 12-06-2012 at 07:44 PM.
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Old 12-06-2012, 07:56 PM   #2
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Default Re: Poster Longhorn, explain this.

The rich manipulating and dumping stocks= good economy?



and for people who drank the election koolaid and actually think that employment went down:

http://danielamerman.com/articles/2012/WorkC.html

Last edited by kNicKz : 12-06-2012 at 08:04 PM.
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Old 12-06-2012, 08:13 PM   #3
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Default Re: Poster Longhorn, explain this.

Quote:
Originally Posted by kNicKz
The rich manipulating and dumping stocks= good economy?



and for people who drank the election koolaid and actually think that employment went down:

http://danielamerman.com/articles/2012/WorkC.html

Destroyed him.
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Old 12-06-2012, 08:14 PM   #4
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Default Re: Poster Longhorn, explain this.

Dow and NASDAQ are not magical numbers that represent the economy. They're just a measure of how much buying and selling of a composition of the stocks of some of the largest companies in the world.
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Old 12-06-2012, 08:58 PM   #5
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Default Re: Poster Longhorn, explain this.

Quote:
Originally Posted by kNicKz
The rich manipulating and dumping stocks= good economy?



and for people who drank the election koolaid and actually think that employment went down:

http://danielamerman.com/articles/2012/WorkC.html

good variables, weeks? LOL. no 2010 and there after? Comon typical obama hater propaganda.
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Old 12-06-2012, 09:00 PM   #6
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Default Re: Poster Longhorn, explain this.

Quote:
Originally Posted by longhornfan1234
Dow and NASDAQ are not magical numbers that represent the economy. They're just a measure of how much buying and selling of a composition of the stocks of some of the largest companies in the world.
did you pull that out of your ass? right because if the biggest companies in america are failing that means there shares are selling at a higher value.
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Old 12-06-2012, 09:04 PM   #7
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Default Re: Poster Longhorn, explain this.

Quote:
Originally Posted by kNicKz
The rich manipulating and dumping stocks= good economy?



and for people who drank the election koolaid and actually think that employment went down:

http://danielamerman.com/articles/2012/WorkC.html

That article is so shitty lol. The BLS isnt manipulating the unemp #s because that is how they have always been calculated. People who think the numbers are fabricated dont seem to grasp the fact that the discouraged worker effect is a natural flaw in the calculation and not some conspiracy.
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Old 12-06-2012, 09:04 PM   #8
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Default Re: Poster Longhorn, explain this.

Quote:
Originally Posted by nathanjizzle
Obama inherited a recession and did a terrible job?
dow jones, nasdaq, sandp




seems like the stock market is a tell of how our economy is doing

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Old 12-06-2012, 11:33 PM   #9
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Default Re: Poster Longhorn, explain this.

Quote:
Originally Posted by nathanjizzle
good variables, weeks? LOL. no 2010 and there after? Comon typical obama hater propaganda.

You obviously didn't read the article which has the 2011-2012 chart and a further analysis....
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Old 12-07-2012, 09:28 AM   #10
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Default Re: Poster Longhorn, explain this.

Quote:
Originally Posted by kNicKz
You obviously didn't read the article which has the 2011-2012 chart and a further analysis....

are you stupid? have you not looked at the website your trying to push? hes a nobody selling books and dvds, his website looks like a goddam pop up ad, and he does "seminars" on how to get rich. common this is like those late night commercials promising you to make 5k a week on a gimmick
he makes up his own numbers and drew up his own charts and your taking it as fact?

in other real news. the trend in unemployment the last 3 years is continuing. drops to 7.7 percent
http://www.nbcnews.com/business/econ...hape-1C7488578

deal with it obama haters.
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Old 12-07-2012, 09:47 AM   #11
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Default Re: Poster Longhorn, explain this.

Quote:
Originally Posted by nathanjizzle
are you stupid? have you not looked at the website your trying to push? hes a nobody selling books and dvds, his website looks like a goddam pop up ad, and he does "seminars" on how to get rich. common this is like those late night commercials promising you to make 5k a week on a gimmick
he makes up his own numbers and drew up his own charts and your taking it as fact?

in other real news. the trend in unemployment the last 3 years is continuing. drops to 7.7 percent
http://www.nbcnews.com/business/econ...hape-1C7488578

deal with it obama haters.

Numbers don't really tell us much for this job report. The effects of Sandy still haven't really been taken into account and I would almost guarantee that the number will be revised down next month.

Past two months were also revised down and the labor force participation rate dropped again. In total, I'd say the numbers show basically no change in the employment outlook.
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Old 12-08-2012, 02:59 AM   #12
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Default Re: Poster Longhorn, explain this.

Quote:
Originally Posted by nathanjizzle
are you stupid? have you not looked at the website your trying to push? hes a nobody selling books and dvds, his website looks like a goddam pop up ad, and he does "seminars" on how to get rich. common this is like those late night commercials promising you to make 5k a week on a gimmick
he makes up his own numbers and drew up his own charts and your taking it as fact?

in other real news. the trend in unemployment the last 3 years is continuing. drops to 7.7 percent
http://www.nbcnews.com/business/econ...hape-1C7488578

deal with it obama haters.

Dude has an MBA/CFA, and is actually rich, so I'd say he knows a thing or two about economics

The statistics he is using are government statistics

NBC statistics don't distinguish part time/ full time employment
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