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#11
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United Swamped With Flight Attendant Applications
wrote:
What planet do you live on? Unemployment is extremely high in the US. The economy is sluggish, at best. The US has incurred a series of staggering trade deficits, war debts, etc. Clearly not the same planet you live on. On my planet, US unemployment is staying right around 5%, pretty much the historical norm through presidents of either persusion. http://www.bls.gov/news.release/empsit.nr0.htm The economy is sluggish at best? On my planet, the Gross Domestic Product just increased by almost 4% in the third quarter, and that includes the spike in fuel prices (which are now falling): http://www.bea.doc.gov/bea/newsrel/gdpnewsrelease.htm You're just plain wrong. Perhaps you might consider reading publications that provides facts and analysis rather than rote ideology? |
#12
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United Swamped With Flight Attendant Applications
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#13
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United Swamped With Flight Attendant Applications
Six years ago, at this level of "unemployment", my
Fortune 500 firm was paying retention bonuses to the engineering staff. Now, it's "Survivor" ... gld |
#14
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United Swamped With Flight Attendant Applications
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#15
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United Swamped With Flight Attendant Applications
Gary L. Dare wrote: wrote: What planet do you live on? Unemployment is extremely high in the US. The economy is sluggish, at best. The US has incurred a series of staggering trade deficits, war debts, etc. Actually, the EMployment rate is a more ambiguouse measure ... and the US is in the middle of the pack. The stock market has been trading sideways for 5 years. ??? Which stock market? The Dow Jones has gone up roughly 38% in 3 years (July, 2002 it was at 7702, now it's over 10,600). The national debt has burst over $8 Trillion. Which as a percent to GDP isn't all that bad. The US debt-to-GDP is about to jump over that of France and Germany, with only Japan and Italy in the G7 higher. ??? The US debt-to-GDP *was* above France and Germany. The US debt rate is now below France and Germany and dropping while the French and German rates are rising. |
#16
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United Swamped With Flight Attendant Applications
You've been watching too much Michael Moore... get into the real world.
wrote in message ... On 17 Nov 2005 22:06:41 -0800, "Tchiowa" wrote: What planet do you live on? Unemployment is extremely high in the US. The economy is sluggish, at best. The US has incurred a series of staggering trade deficits, war debts, etc. You're just plain wrong. |
#17
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United Swamped With Flight Attendant Applications
Tchiowa wrote:
??? Which stock market? The Dow Jones has gone up roughly 38% in 3 years (July, 2002 it was at 7702, now it's over 10,600). And where was it in July 2001? July 2000? Most of us who have been in the market for longer than five years are just trying to recover. The national debt has burst over $8 Trillion. Which as a percent to GDP isn't all that bad. The US debt-to-GDP is about to jump over that of France and Germany, with only Japan and Italy in the G7 higher. ??? The US debt-to-GDP *was* above France and Germany. The US debt rate is now below France and Germany and dropping while the French and German rates are rising. This just happened and there's no guarantee of a trend (for the US, nevermind France or Germany). That it is even at 64.5% when it was under 50% not that long ago is the worry. http://www.econotarian.org/1128066556/index_html gld |
#18
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United Swamped With Flight Attendant Applications
Gary L. Dare wrote: Tchiowa wrote: ??? Which stock market? The Dow Jones has gone up roughly 38% in 3 years (July, 2002 it was at 7702, now it's over 10,600). And where was it in July 2001? July 2000? Most of us who have been in the market for longer than five years are just trying to recover. So what? How many things can you get wrong at one time? First, the claim was that the economy was bad. We went through a recession in 2001 and the market went down. The fact that it has gone up 38% in the past 3 years is an indicator that the economy is good *NOW*. Do you understand that? Further, those of us who have been in the stock market more than 5 years are doing just fine, thank you. The market went down in 2000 and 2001 but it had gone up in previous years during the bubble. Overall for the last 15 years or so it has been increasing at it's typical 8-10% rate. The US debt-to-GDP is about to jump over that of France and Germany, with only Japan and Italy in the G7 higher. ??? The US debt-to-GDP *was* above France and Germany. The US debt rate is now below France and Germany and dropping while the French and German rates are rising. This just happened That's right!!! The economy is good now whereas it was bad 4 years ago. Which pretty much disproves your premise. and there's no guarantee of a trend (for the US, nevermind France or Germany). That it is even at 64.5% when it was under 50% not that long ago is the worry. Of course there are no guarantees. The economy could turn bad. But you tried to say that the economy is bad *NOW* and it simply isn't. Quit reading MoveOn.org and pay attention to reality. |
#19
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United Swamped With Flight Attendant Applications
On Sat, 19 Nov 2005 23:00:13 -0800, "Gary L. Dare"
wrote: Tchiowa wrote: ??? Which stock market? The Dow Jones has gone up roughly 38% in 3 years (July, 2002 it was at 7702, now it's over 10,600). And where was it in July 2001? July 2000? Most of us who have been in the market for longer than five years are just trying to recover. The national debt has burst over $8 Trillion. Which as a percent to GDP isn't all that bad. The US debt-to-GDP is about to jump over that of France and Germany, with only Japan and Italy in the G7 higher. ??? The US debt-to-GDP *was* above France and Germany. The US debt rate is now below France and Germany and dropping while the French and German rates are rising. This just happened and there's no guarantee of a trend (for the US, nevermind France or Germany). That it is even at 64.5% when it was under 50% not that long ago is the worry. http://www.econotarian.org/1128066556/index_html gld Your reference is to a September article. It is now almost the end of November. Can't you quote more recent figures? |
#20
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United Swamped With Flight Attendant Applications
john wrote:
Your reference is to a September article. It is now almost the end of November. Can't you quote more recent figures? You can't get more recent than October 2005 since today is November 20 as I post ... so I did your Google search for you ... http://www.optimist123.com/optimist/...05_gdp_na.html Good news: it didn't go up. Bad news: it didn't go down. Still, one must wonder about the 20 percentage-point run-up over the past five years. Getting back to the original posting title, with all the people who "left" the workforce, we are seeing mass applications for positions like the UA FA's when the last time we had 5% unemployment, your phone was ringing from head- hunters. gld |
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