The economy, is it good or bad. (Page 118/181) Pyrthian JAN 03, 11:09 AM quote Originally posted by 84fiero123: ..... Think what you want, I see beyond the people who know so much because I have seen what is going to happen. Without a degree in economics. well, I guess I'll jump on the train too you do realize that "economics" is a 100% a made up item? its like a degree in mythology. while cool & useful where properly applied - it is made up. there is very little actual knowledge involved. the study of economic history. basicly: it has less science & reliablitlity than the weatherman - because it deals with one particularly unpredictable thing: people. not saying it is trivial or unimportant. it is not. our happiness & well being depends HIGHLY on certain people make the right guesses. determine variables - apply past trends - make future projection anyways: we have all heard the warnings - so, how's about someone actually lay out a description? rationing? food banks? tent cities? what are we looking at? here in Detroit - I expect riots or at least a new crazy level of robbery. maybe even domestic terrorism acts against our Furer, Granholm. 84Bill JAN 03, 12:37 PM Caution: Job losses ahead Economists say recession fears could lead to weak employment in 2008 as companies may become more cautious about adding workers. NEW YORK (CNNMoney.com) -- The labor market is expected to end 2007 with a whimper, but even that modest forecast could be seen as "the good old days," since monthly job losses may become common in the year ahead, according to economists. The December employment report due at 8:30 a.m. ET Friday should see a net gain of 70,000 jobs in the month, according to economists surveyed by Briefing.com, down from the 94,000 gain reported in November. Old Lar JAN 03, 12:49 PM http://biz.yahoo.com/ap/080103/wall_street.html NEW YORK (AP) -- Wall Street rebounded Thursday after a report of an increase in new jobs during December eased some concerns about the economy a day before the Labor Department's key reading on employment. Investors appeared unfazed by a further climb in oil prices, which set a new trading record above $100. Give it a break 84Bull. You are on the public dole. Unfortunately that is your income, and you have no fear of losing your free cheese. NEPTUNE JAN 03, 12:59 PM Here's what God told Pat Robertson: World upheaval is coming, evangelist Robertson says January 3, 2008 NORFOLK, Va. - Religious broadcaster Pat Robertson said Wednesday that 2008 will be a year of violence worldwide and a recession in the United States, followed by a major stock-market crash by 2010. Praying about events in the coming year and sharing what he believes God has told him are an annual tradition for Robertson, founder of the Christian Broadcasting Network. aceman JAN 03, 01:10 PM Well there you go! Pat Robertson and Steve are predicting mass doom and gloom of biblical proportions. It's gotta be true! loafer87gt JAN 03, 01:27 PM Around here the job market is quite, strange, for lack of a better word. Employers are so desperate for workers that there are signs up at 7-11 looking for workings with advertised pay of $15 an hour plus full health / dental coverage, and Dominos pizza now has billboards up advertising $20 bucks an hour for new employees. Funny thing is, our city has a relatively high unemployment rate due to our huge native population who would rather sit on their ass, get pissed / stoned, all the while whining about their lowly living conditions rather then go out and take some of these jobs. Here's where things get really strange. While these service industry related jobs are obvioulsy not everyones cup of tea and thus require the extra income incentive to attract workers, the "professional" industries have no such problem filling their limited job openings, but still pay average salaries barely above those of the untrained service workers because these jobs are in demand. Call me crazy, but to me it would seem that someone who has invested in some sort of formal education should be making more than an untrained coffee server / pizza guy, but with our city's current economy this just isn't the case. With price of housing and other commodities going through the roof, it just seems like it is getting harder and harder to make ends meet in the so called middle class. The line between middle and lower class just seems to get more blurry each day, while those at the top who own the housing, the properties, and the corporations just get richer and richer. I am not a communist by any means, but something just seems fundamentally wrong with the system. Phranc JAN 03, 01:28 PM quote Friday should see a net gain of 70,000 jobs in the month, according to economists surveyed by Briefing.com, down from the 94,000 gain reported in November. Thats 70k more jobs over the 94k from last month. These are new jobs on top of the old ones. That means its not 24k less jobs, just 70k new ones. How is 70k new jobs bad? Pyrthian JAN 03, 01:30 PM quote Originally posted by loafer87gt: Around here the job market is quite, strange, for lack of a better word. Employers are so desperate for workers that there are signs up at 7-11 looking for workings with advertised pay of $15 an hour plus full health / dental coverage, and Dominos pizza now has billboards up advertising $20 bucks an hour for new employees. Funny thing is, our city has a relatively high unemployment rate due to our huge native population who would rather sit on their ass, get pissed / stoned, all the while whining about their lowly living conditions rather then go out and take some of these jobs. Here's where things get really strange. While these service industry related jobs are obvioulsy not everyones cup of tea and thus require the extra income incentive to attract workers, the "professional" industries have no such problem filling their limited job openings, but still pay average salaries barely above those of the untrained service workers because these jobs are in demand. Call me crazy, but to me it would seem that someone who has invested in some sort of formal education should be making more than an untrained coffee server / pizza guy, but with our city's current economy this just isn't the case. With price of housing and other commodities going through the roof, it just seems like it is getting harder and harder to make ends meet in the so called middle class. The line between middle and lower class just seems to get more blurry each day, while those at the top who own the housing, the properties, and the corporations just get richer and richer. I am not a communist by any means, but something just seems fundamentally wrong with the system. sounds just like how we were back in the "clinton years". first thing that started happeneing is everyone started crying about "customer service". Phranc JAN 03, 01:32 PM quote Originally posted by loafer87gt: Around here the job market is quite, strange, for lack of a better word. Employers are so desperate for workers that there are signs up at 7-11 looking for workings with advertised pay of $15 an hour plus full health / dental coverage, and Dominos pizza now has billboards up advertising $20 bucks an hour for new employees. Funny thing is, our city has a relatively high unemployment rate due to our huge native population who would rather sit on their ass, get pissed / stoned, all the while whining about their lowly living conditions rather then go out and take some of these jobs. Here's where things get really strange. While these service industry related jobs are obvioulsy not everyones cup of tea and thus require the extra income incentive to attract workers, the "professional" industries have no such problem filling their limited job openings, but still pay average salaries barely above those of the untrained service workers because these jobs are in demand. Call me crazy, but to me it would seem that someone who has invested in some sort of formal education should be making more than an untrained coffee server / pizza guy, but with our city's current economy this just isn't the case. With price of housing and other commodities going through the roof, it just seems like it is getting harder and harder to make ends meet in the so called middle class. The line between middle and lower class just seems to get more blurry each day, while those at the top who own the housing, the properties, and the corporations just get richer and richer. I am not a communist by any means, but something just seems fundamentally wrong with the system. Nothing wrong with the system. Its with the people. Those at the top are there because they worked to get there. They use their money to make more money. If people applied them selves more they too can get to the top. Or at least closer. But so many people find hard work beneath them. Its the lazy entitlement attitude that has permeated the culture. Pyrthian JAN 03, 02:02 PM quote Originally posted by Phranc: Nothing wrong with the system. Its with the people. Those at the top are there because they worked to get there. They use their money to make more money. If people applied them selves more they too can get to the top. Or at least closer. But so many people find hard work beneath them. Its the lazy entitlement attitude that has permeated the culture. there is only so much room for "rich" people. everyone cant be rich. but - that by no means should hold you back from at least carrying yourself forwards. tho - just for a giggle: how about we go ahead and see what pops out: the total number of available dollars divided by total number of US citizens. and, lastly - the hardest working people are the least paid, and the least hard working people are the most paid. but....of course, these are just generalizations - and there are exceptions to everything - when it comes to people.