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Sigh, I'll bite. Tired of cable news quality comments presenting very debatable opinions as fact, especially without any concrete arguments, evidence, sources
by anatari 13y ago
Sigh, I'll bite. Tired of cable news quality comments presenting very debatable opinions as fact, especially without any concrete arguments, evidence, sources or otherwise real facts. On top of that being tangential to the post. Here is just one indicator that points in the opposite direction of your claims.
http://data.bls.gov/timeseries/LNS14000000 http://data.bls.gov/timeseries/LNS14000000
- bubbleRefuge 13y agoGDP revised down dramatically in Q1. Q2 revised up to 2.5% on inventory growth and export growth very one-offish events. Q2 consumption part of GDP lower that Q1. With Fed induced spike in interest rates, mortgage apps are way down and housing sales figures are cooling fast. Emerging market currencies are being routed. Europe continues to languish. Employment is a lagging indicator.
- nhebb 13y agoThe U6 unemployment rate is more indicative of the current state of the economy: http://research.stlouisfed.org/fred2/series/U6RATE http://research.stlouisfed.org/fred2/series/U6RATE