"Tom Sherman" <[email hidden]> wrote in message
news:[email hidden]...
Quoted message said:skip said:"Tom Sherman" <[email hidden]> wrote in message
news:[email hidden]...
Quoted message said:If the economic outlook were better, I would likely buy a Leitra myself.
Tom Sherman - Rock Island County Illinois
Tetrahedral carbon lattices are not forever.
What are you talking about? The economic outlook is great! What a
pessimist you are. If you are waiting around for the Democrats to get
back in office you may be waiting forever. Unemployment is as low as it
has been in like thirty years or so - the economic indicators look good -
the timing is perfect to sell off some of the recumbent stock you don't
ride and go for the Leitra. It would seem to be just the thing for a
place with the cold sounding name of Rock Island County Illinois. Makes
me shiver just to say the words.
Really? This fiscal irresponsibility of the federal government over the
last 4 years (with more to come) will lead to a long term rise in interest
rates (as foreign banks and investors find US Treasury bonds a less
attractive investment). Rising interest rates will collapse the housing
bubble, and lead to a decrease in spending funded by mortgage refinancing.
This in itself will lead to a recession.
This does not consider what will happen to the US economy if OPEC ever
decides to sell oil for Euros instead of dollars (an event ever more
likely as the Cheney Administration tells the rest of the world to sod
off). The US can not invade every oil exporting country, after all.
I may sell some bikes just to reduce the storage space I need - I could
then move from a 1-beedroom apartment to an efficiency apartment. Planning
to be frugal seems prudent, in light of real wages in the US falling for
over three decades now.
I am actually looking forward to economic decline, environmental
destruction, etc. People only learn from their mistakes when there are
negative consequences. This is the upside to Republican electoral success.
Enjoy!
--
Tom Sherman
The usual data dump. Not enough time to go through it bit by bit the A.M.
A couple of quick observations. You really think we invade countries to
steal their oil? Do the math. Oil can be bought on the open market for a
hell of a lot less.
I did take a quick glance at U.S. real wages to see if they had been
falling, as you claim, for the past three decades. Of course they rise and
fall year to year, so I am not going to take the time to do the math. I am
glad to report the following (especially because I know you will hate it).
During the W years real wages - the average weekly earnings for all private
non farm workers in constant 1982 dollars are as follows:
2001 - $275.38
2002 - $278.91
2003 - $279.94
source: US Bureau of Labor Statistics
It comes a no surprise to hear you are hoping for an American economic
decline, environmental destruction, etc. You have been anti-American for as
long as I can remember. Hoping for bad outcomes for America and Americans
seems to be your mind set.
Ed needs to give you a good talking to.
$$$$$$kip