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Topic: Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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AzureTyger
Title: Awesome
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Republicans posted:
It's a NIGHTMARE!!!!!!!!
-----signature-----
Using the mirror of ridicule to force conservatives to
confront their own stupidity.
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Eternal_Midnight
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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At least all those rich people are making money.
-----signature-----
We have not inherited the Earth from our parents, we have borrowed it from our children.
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Brother_Tempus
Title: Patriot
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Record unemployment ( the numbers of people that government doesn;t count)
record bankruptcies
record foreclosures
record Americans on foodstamps
record gas prices, which is why we are seeing consumer spending up
lots of hedge funds and investment banks laying off becuase no on is investing the stock market anymore
Fed continuing to debase the money
yay
-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
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SoBaKi
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Brother_Tard posted:
I really haven't been paying attention. What were we talking about again?
-----signature-----
"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
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Brother_Tempus
Title: Patriot
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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SoBaKi posted:
I can;t disprove what BT has stated
-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
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Ashmaele
Title: Pastor of Muppets
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Brother_Tempus posted:
Record unemployment ( the numbers of people that government doesn;t count)
Failed in the very first sentence.
Are you seriously alleging that unemployment is higher now than it was during the 1930s? Really?
-----signature-----
I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up. 
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Akza
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Ashmaele posted:
Brother_Tempus posted:
Record unemployment ( the numbers of people that government doesn;t count)
Failed in the very first sentence.
Are you seriously alleging that unemployment is higher now than it was during the 1930s? Really?
Brother_Tempus posted:
But..but.. fiat money isnt GOOOOOOOOOOOOOOOOOOOOLD!
-----signature-----
·»Teydis ¤ Igraine«· ·»»·â€œ ¤Herra¤ “·««· http://www.backloggery.com/teylix
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Brother_Tempus
Title: Patriot
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Ashmaele posted:
Brother_Tempus posted:
Record unemployment ( the numbers of people that government doesn;t count)
Failed in the very first sentence.
Are you seriously alleging that unemployment is higher now than it was during the 1930s? Really?
Yup ... 64% labor participation rate ( stated right there on the same government documents) . what are the other 36% doing ( oh and the disabled and retired are already removed from the rate)
-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
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Kjarhall
Title: The Pungent One
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Brother_Tempus posted:
Record unemployment ( the numbers of people that government doesn;t count)
record bankruptcies
record foreclosures
record Americans on foodstamps
record gas prices, which is why we are seeing consumer spending up
lots of hedge funds and investment banks laying off becuase no on is investing the stock market anymore
Fed continuing to debase the money
yay
None of those are currently at record rates. Investment banks are hiring back and giving bonuses again. Stock market is up, obviously people are investing.
Total fail.
But you could always call that number on the infomercial and buy some $50 gold Buffalo coins... clad in pure .9999 gold!
-----signature-----
You're a crazy moron*
*http://vnboards.ign.com/outpost/b22180/115147923/r115151508/
hah! true story tho i'm a woman an i even love boobs..how can you not??- HallowEve
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IMHO
Title: Official Outpost Greeter
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Brother_Tempus posted:
yay
-----signature-----
You're Right ~ Koneg
He's [Manegarm] like the Fred Phelps of atheism. ~Bubbledude
many of you are in the Republican boat, aka the ship of fools. ~Modeeb
We are here on Earth to fart around. Don't let anybody tell you any different. ~Kurt Vonnegut
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AzureTyger
Title: Awesome
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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RNC Election Committee 2012 posted:
Gas prices and culture war it is!
-----signature-----
Using the mirror of ridicule to force conservatives to
confront their own stupidity.
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Aerlinthian
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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I want what the OP is smoking.
-----signature-----
(none)
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Ashmaele
Title: Pastor of Muppets
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Brother_Tempus posted:
Ashmaele posted:
Brother_Tempus posted:
Record unemployment ( the numbers of people that government doesn;t count)
Failed in the very first sentence.
Are you seriously alleging that unemployment is higher now than it was during the 1930s? Really?
Yup ... 64% labor participation rate ( stated right there on the same government documents) . what are the other 36% doing ( oh and the disabled and retired are already removed from the rate)
Even far-right critics of today's economy are careful to say that today's numbers are "the worst since the Great Depression." I haven't heard a single one claim the bullshit you've spouted here.
Either provide a link showing that the labor participation rate in 1933 (when the official unemployment topped 25%) was worse than it is today to the point that today's unemployment number is actually higher in real terms or stfu. Your word is not enough as you are a proven dumbass.
-----signature-----
I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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Akza
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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http://www.ftportfolios.com/blogs/EconBlog/2012/2/2/low-labor-force-participation-rate-not-so-fast
-----signature-----
·»Teydis ¤ Igraine«· ·»»·â€œ ¤Herra¤ “·««· http://www.backloggery.com/teylix
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theredkay1
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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the labor participation rate has been falling for decades. This is a sign of wealth.
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Tych2
Title: Obama Appointed Outpost Czar
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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AzureTyger posted:
RNC Election Committee 2012 posted:
Gas prices and culture war it is!
Gas prices are important to people that vote. I think it would be a mistake to discount that. The culture war is stupid. Thats not going to sway the middle, the people the decide elections. Unemployment is still very high. There are a lot of people still looking for work that want to work.
The republicans would easily walk into the WH if they didn't field such morons.
-----signature-----
We have enough youth. What we need is a fountain of smart.
Drill Anwar!
Kapie
Drevid in Tanks
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Ashmaele
Title: Pastor of Muppets
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Akza posted:
http://www.ftportfolios.com/blogs/EconBlog/2012/2/2/low-labor-force-participation-rate-not-so-fast
 So labor force participation is about what it was in 1985?
-----signature-----
I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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imaloon1
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Ashmaele posted:
Brother_Tempus posted:
Record unemployment ( the numbers of people that government doesn;t count)
Failed in the very first sentence.
Are you seriously alleging that unemployment is higher now than it was during the 1930s? Really?
Yes. We just have more social safety nets now than we did then, otherwise the situation would be unimaginably worse.
-----signature-----
The time draws nearer to your fate
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ZigmundZag
Title: Grammar Nazi
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Some people have to work pretty hard to rationalize dumping all their disposable income into precious metals, freeze-dried food and a bomb shelter capable of supporting their fat family.
-----signature-----
"Take the cheese to sickbay!"
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Grymlo
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Ashmaele posted:
Brother_Tempus posted:
Record unemployment ( the numbers of people that government doesn;t count)
Failed in the very first sentence.
Are you seriously alleging that unemployment is higher now than it was during the 1930s? Really?
1929 - 3.2 percent
1930 - 8.7 percent
1931 - 15.9 percent
1932 - 23.6 percent
1933 - 24.9 percent (the highest during the Great Depression)
1934 - 21.7 percent
1935 - 20.1 percent
1936 - 16.9 percent
1937 - 14.3 percent
1938 - 19.0 percent
I'll go with the highest since the 30's 
-----signature-----
A Nation of Sheep Breeds a Government of Wolves!
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Grymlo
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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AzureTyger posted:
Republicans posted:
It's a NIGHTMARE!!!!!!!!
Yes it still isnt pretty and you are an idiot if you think its all rosy out there.
-----signature-----
A Nation of Sheep Breeds a Government of Wolves!
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Ashmaele
Title: Pastor of Muppets
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Grymlo posted:
Ashmaele posted:
Brother_Tempus posted:
Record unemployment ( the numbers of people that government doesn;t count)
Failed in the very first sentence.
Are you seriously alleging that unemployment is higher now than it was during the 1930s? Really?
1929 - 3.2 percent
1930 - 8.7 percent
1931 - 15.9 percent
1932 - 23.6 percent
1933 - 24.9 percent (the highest during the Great Depression)
1934 - 21.7 percent
1935 - 20.1 percent
1936 - 16.9 percent
1937 - 14.3 percent
1938 - 19.0 percent
I'll go with the highest since the 30's
And you'd be wrong.
-----signature-----
I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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Grymlo
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Ashmaele posted:
Grymlo posted:
Ashmaele posted:
[quote=Brother_Tempus]Record unemployment ( the numbers of people that government doesn;t count)
Failed in the very first sentence.
Are you seriously alleging that unemployment is higher now than it was during the 1930s? Really?
1929 - 3.2 percent
1930 - 8.7 percent
1931 - 15.9 percent
1932 - 23.6 percent
1933 - 24.9 percent (the highest during the Great Depression)
1934 - 21.7 percent
1935 - 20.1 percent
1936 - 16.9 percent
1937 - 14.3 percent
1938 - 19.0 percent
I'll go with the highest since the 30's
And you'd be wrong.
[/quote]
Im kinda betting the numbers from the 30s vs your graph vs today were figured differently
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A Nation of Sheep Breeds a Government of Wolves!
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Yukishiro1
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Subject:
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Uh that doesn't matter. Unless the numbers on the graph itself are figured differently from 1980 to now no matter what the numbers were in the 1930s the numbers in 1983 would still be worse than in 2009.
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Bjorvald
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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We don't measure unemployment the same now as we did in the 30's or the 80's. You hide a lot of unemployment now. You can't compare the rates directly.
-----signature-----
Bjorvald 9lx healer
Blinknone, various toons on classic
GANKED AGAIN
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Vydor
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Subject:
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I do hope you're right with your title AT, we've been in a funk for far too long now, it's about time we break out. I don't care who gets credit, I just don't wanna suffer anymore and want my kids, who are just getting into the work force, to have some good opportunities.
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Never ascribe to malice, that which can be explained by incompetence.
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Ashmaele
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Bjorvald posted:
We don't measure unemployment the same now as we did in the 30's or the 80's. You hide a lot of unemployment now. You can't compare the rates directly.
How is it different?
-----signature-----
I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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Bjorvald
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Ashmaele posted:
Bjorvald posted:
We don't measure unemployment the same now as we did in the 30's or the 80's. You hide a lot of unemployment now. You can't compare the rates directly.
How is it different?
No time to look it up, but basically until the 80's we essentially used U6 as the unemployment rate. Now we use U3. Presto, millions of unemployed are now NOT unemployed. Magic.
-----signature-----
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Blinknone, various toons on classic
GANKED AGAIN
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Bonzoboy1
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The biggest part of the increase in consumer spending is forced through higher food and gas prices rather than from increased consumer confidence or disposable income.
-----signature-----
Politicians are like diapers, they should be changed often and for the same reason.
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AzureTyger
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Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Bonzoboy1 posted:
The biggest part of the increase in consumer spending is forced through higher food and gas prices rather than from increased consumer confidence or disposable income.
Higher food prices = Thank you George Bush for subsidizing corn biofuel and driving up feed and grain product prices across the country!
Higher gas prices = Thank you Barack Obama for getting the economy back on track!
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Using the mirror of ridicule to force conservatives to
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the_great_ontex
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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I wish my 401k was up  I also have a traditional IRA and a Roth IRA both still in the negatives from last quarter
Saving is key! Early retirement is awesome!
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SoBaKi
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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the_great_ontex posted:
I wish my 401k was up I also have a traditional IRA and a Roth IRA both still in the negatives from last quarter
Saving is key! Early retirement is awesome!
In other words, you haven't been actively watching your 401k. YTD return for DJIA is 8.16%.
Hell, even the 5yr return is 7.61%.
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Know god, know sin. No god, no sin.
Dogs are animals.
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Rosaria
Title: They call me Mellow Yellow, quite rightly.
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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AzureTyger posted:
Higher food prices = Thank you George Bush for subsidizing corn biofuel and driving up feed and grain product prices across the country!
Al Gore frequently boasted that it was his vote as VP that tipped the congressional scales in favor of ethanol.
-----signature-----
"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
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Aerlinthian
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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theredkay1 posted:
the labor participation rate has been falling for decades.
Or maybe it is a sign that the government is fudging numbers, and that a lot of jobs have gone underground to illegal alien invaders. theredkay1 posted:
This is a sign of wealth.
What? The wealth gap has suddenly disappeared? ...
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theredkay1
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Subject:
Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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Bjorvald posted:
Ashmaele posted:
Bjorvald posted:
We don't measure unemployment the same now as we did in the 30's or the 80's. You hide a lot of unemployment now. You can't compare the rates directly.
How is it different?
No time to look it up, but basically until the 80's we essentially used U6 as the unemployment rate. Now we use U3. Presto, millions of unemployed are now NOT unemployed. Magic.
Nobody actually measured this stuff in the 30's. It wasnt until the after WW2 that the gov't started collecting this information. Great Depression era numbers are entirely the work of researchers trying to estimate a number using limited information.
People frequently make the argument that the gov't is hiding unemployment. This is pretty obviously false since the U6 measurement exists and both measurements are pretty clearly described.
edit - the 80's did not use U6 as the official unemployment rate. The official rate in the 80's was basically the same as the calculation used now. Those not working divided by those actively seeking work. This is another one of those myths thats out there...
http://www.bls.gov/ore/pdf/ec090020.pdf
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cabbyman
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http://ca.news.yahoo.com/citi-ally-suntrust-metlife-fail-stress-tests-205649742.html
Citigroup was one of four large US banks that flunked stress tests aimed at seeing how they would hold up in a new economic crisis, Federal Reserve data showed Tuesday.
Three others -- Ally, Suntrust and MetLife -- also failed the tests, while 15 other large bank holding companies passed the exercise, the Fed said.
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Voodoo-Dahl
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AzureTyger posted:
Republicans posted:
It's a NIGHTMARE!!!!!!!!
Quick! Start a culture war!
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SoBaKi
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Consumer spending up, 401ks up, employment recovering, Fed outlook good, banks rated stable.
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cabbyman posted:
http://ca.news.yahoo.com/citi-ally-suntrust-metlife-fail-stress-tests-205649742.html
Citigroup was one of four large US banks that flunked stress tests aimed at seeing how they would hold up in a new economic crisis, Federal Reserve data showed Tuesday.
Three others -- Ally, Suntrust and MetLife -- also failed the tests, while 15 other large bank holding companies passed the exercise, the Fed said.
So what's so funny? The other 15 are in great shape. Only 4 still have some work to do. Yet somehow, in that peabrain of yours, that is an indication the economy isn't doing better?
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Grymlo
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SoBaKi posted:
the_great_ontex posted:
I wish my 401k was up I also have a traditional IRA and a Roth IRA both still in the negatives from last quarter
Saving is key! Early retirement is awesome!
In other words, you haven't been actively watching your 401k. YTD return for DJIA is 8.16%.
Hell, even the 5yr return is 7.61%.
So what you are saying is private retirement accounts would do far better than our gubmint SS joke? 
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DemonicXH
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Tych2 posted:
Gas prices are important to people that vote. I think it would be a mistake to discount that. The culture war is stupid. Thats not going to sway the middle, the people the decide elections. Unemployment is still very high. There are a lot of people still looking for work that want to work.
The republicans would easily walk into the WH if they didn't field such morons.
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cabbyman
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SoBaKi posted:
cabbyman posted:
http://ca.news.yahoo.com/citi-ally-suntrust-metlife-fail-stress-tests-205649742.html
Citigroup was one of four large US banks that flunked stress tests aimed at seeing how they would hold up in a new economic crisis, Federal Reserve data showed Tuesday.
Three others -- Ally, Suntrust and MetLife -- also failed the tests, while 15 other large bank holding companies passed the exercise, the Fed said.
So what's so funny? The other 15 are in great shape. Only 4 still have some work to do. Yet somehow, in that peabrain of yours, that is an indication the economy isn't doing better?
Hey nipplehead! 25% you douchenozzle.
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SoBaKi
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Grymlo posted:
SoBaKi posted:
the_great_ontex posted:
I wish my 401k was up I also have a traditional IRA and a Roth IRA both still in the negatives from last quarter
Saving is key! Early retirement is awesome!
In other words, you haven't been actively watching your 401k. YTD return for DJIA is 8.16%.
Hell, even the 5yr return is 7.61%.
So what you are saying is private retirement accounts would do far better than our gubmint SS joke?
WTF does that have to do with anything?
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SoBaKi
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cabbyman posted:
SoBaKi posted:
cabbyman posted:
http://ca.news.yahoo.com/citi-ally-suntrust-metlife-fail-stress-tests-205649742.html
Citigroup was one of four large US banks that flunked stress tests aimed at seeing how they would hold up in a new economic crisis, Federal Reserve data showed Tuesday.
Three others -- Ally, Suntrust and MetLife -- also failed the tests, while 15 other large bank holding companies passed the exercise, the Fed said.
So what's so funny? The other 15 are in great shape. Only 4 still have some work to do. Yet somehow, in that peabrain of yours, that is an indication the economy isn't doing better?
Hey nipplehead! 25% you douchenozzle.
4 of 19 is roughly 21%, not 25%. Additionally, your moronic point is moronic. It doesn't mean the economy isn't getting better. It ONLY means 4 more banks need some work.
JFC, you are dumb.
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cabbyman
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SoBaKi posted:
cabbyman posted:
SoBaKi posted:
[quote=cabbyman http://ca.news.yahoo.com/citi-ally-suntrust-metlife-fail-stress-tests-205649742.html
Citigroup was one of four large US banks that flunked stress tests aimed at seeing how they would hold up in a new economic crisis, Federal Reserve data showed Tuesday.
Three others -- Ally, Suntrust and MetLife -- also failed the tests, while 15 other large bank holding companies passed the exercise, the Fed said.
So what's so funny? The other 15 are in great shape. Only 4 still have some work to do. Yet somehow, in that peabrain of yours, that is an indication the economy isn't doing better?
Hey nipplehead! 25% you douchenozzle.
NIPPLEHEAD MONKEYNUTS!!!!!!!
4 of 19 is roughly 21%, not 25%. Additionally, your moronic point is moronic. It doesn't mean the economy isn't getting better. It ONLY means 4 more banks need some work.
JFC, you are dumb.[/quote]
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theredkay1
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Aerlinthian posted:
theredkay1 posted:
the labor participation rate has been falling for decades.
Or maybe it is a sign that the government is fudging numbers, and that a lot of jobs have gone underground to illegal alien invaders. theredkay1 posted:
This is a sign of wealth.
What? The wealth gap has suddenly disappeared? ...
We are richer and take some of those gains as increased leisure.
If I am 20% more effective, maybe I take 10% more time off and still produce 8% more. This is what rich countries tend to do as they get richer.
the government is fudging the labor force participation numbers? As part of a massive conspiracy to trick people in 2012 about the unemployment rate? That doesnt seem likely but I dont have my tinfoil hat on.
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SoBaKi
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cabbyman posted:
I got nuthin'. My bad.
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GrilledCheez
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unemployment steady wages stagnant. It would be less sad to me if AT wasn't one fo the guys poopooing any positive financial news under bush because of unemployment and wages(which i agree with BTW.)
AT, which positive play do you think Obama made that fundamentally changed our financial system or competitiveness?
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Friarspam
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theredkay1 posted:
Aerlinthian posted:
theredkay1 posted:
the labor participation rate has been falling for decades.
Or maybe it is a sign that the government is fudging numbers, and that a lot of jobs have gone underground to illegal alien invaders. theredkay1 posted:
This is a sign of wealth.
What? The wealth gap has suddenly disappeared? ...
We are richer and take some of those gains as increased leisure.
If I am 20% more effective, maybe I take 10% more time off and still produce 8% more. This is what rich countries tend to do as they get richer.
the government is fudging the labor force participation numbers? As part of a massive conspiracy to trick people in 2012 about the unemployment rate? That doesnt seem likely but I dont have my tinfoil hat on.
You know, it's one of those things...some people think that members of the government might lie. Of course we've NEVER seen an example of this. I mean, it's like if they wanted to win elections and stuff some people claim they would lie.
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the_great_ontex
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SoBaKi posted:
the_great_ontex posted:
I wish my 401k was up I also have a traditional IRA and a Roth IRA both still in the negatives from last quarter
Saving is key! Early retirement is awesome!
In other words, you haven't been actively watching your 401k. YTD return for DJIA is 8.16%.
Hell, even the 5yr return is 7.61%.
For the first year it wasn't supposed to be positives I've been told I am hoping next year it will
Long term I am hoping for at least 7-8% from my 401k and 9% from my roth ira
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Sansfear
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Trying to convince everyone how great the economy doing is like telling someone who survived a heart attack that their they are being released from intensive care and that their status has been upgraded from critical to serious.
Things are definitely improving, but we have a very very long way to go and even the slightest headwind will be enough to push us back down.
For the majority of Americans, the recession hasn't ended. Unemployment is going to be 7-8%+ for the foreseeable future and we have budget deficits of $1T/yr for the next decade.
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Grymlo
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SoBaKi posted:
Grymlo posted:
SoBaKi posted:
[quote=the_great_ontex]I wish my 401k was up I also have a traditional IRA and a Roth IRA both still in the negatives from last quarter
Saving is key! Early retirement is awesome!
In other words, you haven't been actively watching your 401k. YTD return for DJIA is 8.16%.
Hell, even the 5yr return is 7.61%.
So what you are saying is private retirement accounts would do far better than our gubmint SS joke?
WTF does that have to do with anything?[/quote]
On another level it just shows how you dumbass liberal mindset works.
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Moe_Nox
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I would like to thank everyone that voted for Obama since he fixed everything.
No more worrying about foreclosures, an 8% unemployment rate, doubling the deficit, troops dying in war, secret prisons, GITMO, China, hackers, or reruns of 'Friends'
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Abaddon_Ambrosius
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Moe_Nox posted:
No more reruns of 'Friends'
Yes, thank you for that, at least.
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poetkiosk
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I think it all comes down to what kind of person you are - optimist or pessimist. There is a vocal minority on the Outpost that has been predicting the end of the world for years now.
Just hink how much better those years could have been for them if they weren't so worried about the collapse of civilization.
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Moe_Nox
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You mean if they would have been enjoying life instead of protesting with urine drenched hippies?
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Tych2
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We have enough youth. What we need is a fountain of smart.
Drill Anwar!
Kapie
Drevid in Tanks
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poetkiosk
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I was with iron workers and teachers. we had fun so dunno
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