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| djs, digitalrights, phpnuke, smartmedia, classic albums, girl, classifieds, electric guitar, mp3mp3s legal music ipod playloudershop.com music playlouder, mcsweeney's, creationist, film, oracle, | There are 6 million more people in poverty now than there were in 2000. There are more uninsured people than ever, with the cost of medical care skyrocketing. Median pretax income, $44,389, was at its lowest point since 1997, after 0446529656 inflation. It was the first time on record that 0446529656 household incomes failed to increase for five straight years. U.S. consumers spent more than they earned in July for just the second time in the last 46 years, the Commerce Department said Thursday. The percentage of people with employment-based health insurance dropped 0446529656 from 70 percent in 1987 to 61 percent in 2004. This is the lowest level of employment-based insurance coverage in more than a decade. The employment rate in 2000 was 4%, Bush's record of job growth as President has been the worst since the great depression. |
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| Firms- inflation makes it easier for firms to raise their prices and validate their past expenses/debts. Why does the Fed usually raise interest rates? To fight labor costs, even though this only one of many production costs. Why don't be ever hear the Fed complaining that profits are too phpnuke high? Don't extortionate profits come from high prices? [ ...reply just to this | comment on the story... | phpnuke next new ] 130. Come down from your ivory tower by Catch22 at Fri 2 Sep phpnuke 1:01pmscore of 1.5 helpful in reply to comment 12 In other words, the economy is doing fine. Not great, certainly not bad. If you came down from your ivory tower and realized that "magic numbers" you learned in college often dont make for good bench marks you might be able to see that the economy clearly is not "doing fine." |
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