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Old 05-08-2008
southrnfried southrnfried is offline
Concerned Citizen

 
Member Since: May 2008
Location: south
Posts: 43

   
Re: No Recession Yet - GDP up in Q1-2008

Quote:
Originally Posted by timj219 View Post
Sometimes it seems like nobody here works for a living. Because wage growth has been flat to negative since 2001 but so many here are always touting the growing economy as if the statisitcs quoted have some relevance to real world economic concerns like buying groceries and paying utility bills.
Ok how many here that actually work are earning the same as they did in 2001?

So you're solution to the fact that the economy is growing is to change the definition of which statistics to follow? And is this change based on your political ideology or an actual attempt to determine market trends?

Simply put a growing economy means more jobs. The primary market that's taken a hit the last couple of years is the housing market and that's all about predatory lending and illegal immigrant labour.
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