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by Zsenicorpse 10/16/2006, 9:29pm PDT |
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RATING THE REPUBS ON THE ECONOMY
"...He argues that consumption is the best guide to public sentiment about the economy, since it reflects how consumers feel about their present situation going forward. And the numbers show that since 2000, a time when income has only inched upward, consumption has risen 17.5 percent. For the middle 20 percent of income earners, the group that saw real income drop, consumption increased 7.5 percent after inflation.... With falling income, much of this consumption has been financed with debt, a development that alarms some other economists but not Hassett. He sees this borrowing as another sign that consumers are confident about the future, and expects that this will be evident at the ballot box in November."
I'm very confident that people will continue to spend money at ridiculous rates, heavily financed by debt, because the Republicans are doing a good job.
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Spot the alarming autistic-economics assumption! by Zsenicorpse 10/16/2006, 9:29pm PDT 
Somebody's got to care about ONE of my posts! NT by Zseni's shotgunning news agency 10/17/2006, 2:39am PDT
Bitch, take it from a guy who'll soon be working in India... by Quentin Beck 10/17/2006, 2:53am PDT
Re: Bitch, take it from a guy who'll soon be working in India... by Zsenicorpse 10/17/2006, 7:07am PDT
Why don't you just let a man manage your blocklist for you? by Ray of Light 10/17/2006, 9:25am PDT
Re: Why don't you just let a man manage your blocklist for you? by Choson 10/17/2006, 9:29am PDT
Imagine something complicated. by Ray of Light 10/18/2006, 12:46am PDT
Re: Imagine something complicated. by Choson 10/18/2006, 1:04am PDT
Re: Why don't you just let a man manage your blocklist for you? by Quentin Beck 10/17/2006, 9:59pm PDT
When did your brother get into the real estate game and with what seed money? NT by Biographer 10/17/2006, 10:10pm PDT
Re: Why don't you just let a man manage your blocklist for you? by Zsenicorpse 10/18/2006, 9:32am PDT
Re: Why don't you just let a man manage your blocklist for you? by Boston 10/18/2006, 10:39am PDT
Re: Why don't you just let a man manage your blocklist for you? by Quentin Beck 10/18/2006, 3:48pm PDT
so your parents, the bank, and a real estate bubble NT by own a 650k house 10/18/2006, 5:59pm PDT
650 square metres is the area, you turd, not the price. It's not a wheat field. NT by Quentin Beck 10/19/2006, 10:55pm PDT
Re: Why don't you just let a man manage your blocklist for you? by Furcifer 10/18/2006, 1:10pm PDT
U.S. Foreclosures Increase 87 Percent as Prices Fall by it began months ago 07/12/2007, 11:32am PDT
Re: U.S. Foreclosures Increase 87 Percent as Prices Fall by Quentin Beck 07/12/2007, 6:22pm PDT
timing's everything in real estate NT by waiting for half price shit 07/12/2007, 7:53pm PDT
But he's right by Leaped Frog 07/12/2007, 11:00pm PDT
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