Where is the "Tex is bored and looking to stir things up" box?

Where is the "Tex is bored and looking to stir things up" box?

 

Third set of questions.

anytime there is 10% unemployment the economy is not performing well.

See, from my perspective (that is, one of absolutely no economic background), I'd just lie. Why not just say the economy is improving? If they could only get the Department of Labor, or whoever monitors unemployment, to go along, we could get those money hoarders who make good money, yet just hold onto it because they hear the word recession, to spend it.

 

I just don't understand how things can improve. I read these newspaper articles of factory workers losing their jobs, knowing they'll never find another one, and I wonder -- what the hell can anyone possibly do? Industrial, blue collared work is almost a thing of the past. That's leaving a whole generation of people 30-50, who only needed a high school education to do their jobs, with their pants down and a full family to support.

 

What needs to happen is the creation of jobs that are simplistic, yet well paying. Being overly efficient is what's killing the American workforce. I've always been one of these people that jokes about city workers, and how it takes five of them to do the work of one; but this is EXACTLY what needs to happen. Hire more people to do the work of a few. I'm not even joking. The problem is we're looking for complex solutions to a problem that has an easy answer.

 

Also, my idea to save the automotive industry is to give people the option of buying cars that are no longer made. You'll receive a catalog, and if you want a 1971 GTO Judge you can pay $50,000 (it has to be reasonable) to have it made. American companies are struggling as it is, so I couldn't see how this hurts anyone. There would be a huge demand for vintage cars, perhaps in addition to more recent ones that have been discontinued. It would put many Americans to work, and you'd only produce what you have been ordered to make. Thus, there aren't 20,000 cars sitting in a lot that no one is buying. Every car ordered would be hand assembled, not by machines. There's one piece of the equation solved

 

It's like this crisis in Haiti. All in all, we'll probably give billions to the country to rebuild. Someone can fill me in if I'm off, but who exactly is receiving this money? I'd say instead of giving Haitians these billions, that will never get to the people, use it to hire American citizens to go over there and begin rebuilding the cities and creating infrastructure. Yes, it may be seen as exploitative that some are making money off of this, but I guarantee we'd do a hell of a lot better job than anything the international community can muster. And you know many would line up for the opportunity if it paid decently, like $40,000/yr.

Edited January 16, 201016 yr by Flash Tizzle

There should be an option for "there is just as much economy in the news now as their has been, Tex is seeing things".

 

anytime there is 10% unemployment the economy is not performing well.

 

so when unemployment was 7-8% and the DOW dropped to 7500 in Nov 2008, things were just aces?

so when unemployment was 7-8% and the DOW dropped to 7500 in Nov 2008, things were just aces?

 

The Dow is a forward indicator. And guess what, it was pretty damned right on.

The result of that mess is going leave a lot of things pretty unrecognizable, blurring the symptoms of economic recovery.

The Dow is a forward indicator. And guess what, it was pretty damned right on.

If that's the case, then you guys who have been such naysayers for months apparently forgot this. The Dow has been steadily trending up since last March, and is up about 60% during that time period.

 

If that's the case, then you guys who have been such naysayers for months apparently forgot this. The Dow has been steadily trending up since last March, and is up about 60% during that time period.

 

 

Us naysayers realize that this is government money going into the Dow.

Us naysayers realize that this is government money going into the Dow.

So it's a forward looking indicator when it agrees with you and it's a crappy indicator when it disagrees with you. (Yes, I'm a naysayer as well. Just sayin')

It depends on where the money comes from. Trace the dollars on almost everything and it answers a lot of questions.

It depends on where the money comes from. Trace the dollars on almost everything and it answers a lot of questions.

So, when the money comes from banks and investment firms, based on the evidence from 1998-2008, it's a totally unsustainable bubble.

Since those assets were overvalued, I guess so.

 

Just remember, government saves.

 

 

Since those assets were overvalued, I guess so.

 

Just remember, government saves.

And the free market is efficient.

If that's the case, then you guys who have been such naysayers for months apparently forgot this. The Dow has been steadily trending up since last March, and is up about 60% during that time period.

 

It also doesn't mean that it is always right, but it happened to be right this time.