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To: AntiScumbag
But, that’s no reason to deny that this economy is currently expanding and has been for years

Yes, it is expanding!

Provided, of course, you define 'expanding' as extremely higher inflation, with no salary increases to offset it; many new part-time jobs with an equivalent loss of full-time jobs; and a stock market that is higher because the dollar is devaluing. WHOO HOO! PARTY TIME!

45 posted on 05/12/2014 5:08:41 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: Lazamataz
a stock market that is higher because the dollar is devaluing

Ya know, you're a good example of what's wrong with this site and knee-jerk conservatives in general -- that is, you don't know have the first clue about what you're talking about.

In fact, the US Dollar index has traded between 79 and 80 in '91, '93, '95, '05, '08, '10, '12, '13 and '14.

The DJIA is up 153% from the lows of '09, yet the dollar has gone EXACTLY NOWHERE for over a decade. So, no, the market isn't higher because "the dollar is devaluing."

But, that's against other fiat currencies, so how about against gold? From 1,000 in '08, it's about 1,300, up 30%. A few months ago, under 1,200, up less than 20%.

Nope, that's not it either. At most, "devaluation" of the dollar accounts for but a small fraction of the price behavior of securities.

I won't hold my breath for you and most of the others on this thread to admit to facts.

I will join everyone on this thread in hoping for the rejection of the moronic jug-ears and all that he stands for at the earliest possible date.

But, contrary to the idiocy on this thread, the economy is growing at about 2% -- way too slowly -- but that will improve when jug-ears is neutralized and then finally replaced so the process of undoing his damage can begin.

Meanwhile, it's just silly to deny reality.

66 posted on 05/12/2014 6:22:00 AM PDT by AntiScumbag
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