knabe said:
commercialfarmer said:
-XBAR- said:
When has the american public been able to govern ourselves?
As far as the state of our economy, I'm extremely happy. If you didn't notice, yesterday, the Dow's 9-day win streak capped the 7th record close.
Before we had czars. But I'm sure you've had some great socialist doctrine instilled in you.

Yep, Dow Jones is up from money being pumped in it. If it was so great, why do we need all the quantitative easing? Hmm? And why are we in trillions and trillions more in debt? Hmmm? And why does unemployment still really suck and why aren't they counting all of the people who stopped looking for jobs?
You keep living in that never never land, the rest in the real world aren't buying it.
$100 - 10% = 90
90 + 10% = 9
90 + 9 = 99 NOT 100.
add in inflation, quantitative easing etc and people in the stock market are down even though the "number" is back to where it was.
i hate math, it's too difficult for the people who vote themselves other people's money to understand.
Very true, can't believe I left inflation out. Way too important.
Also, what about the national housing market?
XBAR, Dallas has been shielded better than most of the country. Why is that? Because it is in a very conservative state that isn't taxing the crap out of its citizens and dependence on the only sector of the economy that is being productive and that is energy. Why is California so worried about losing citizens, how about the housing market out there, or Nevada, or up in Detroit where the tax payer spent billions saving them and they still had to file? Which they should have done in the first place. If your liberal financing makes so much sense, why is Detroit bankrupt? Why is California bankrupt? I do business in Dallas, and Fort Worth quite a bit. There have been people flocking to these areas. And that is a big reason you have business. Has nothing to do with the Feds or your ideology. You can't take a small piece of the economy in the entire nation in a conservative state and claim all is good. You have to sample the whole nation, and it isn't good.
As previously mentioned, look at inflation. If your income was stagnant compared to inflation, you should be making substantial more today than you were 3 and 4 years ago. If you've kept up with inflation, which is possible for people that are advancing through the ranks (most aren't), look at what $100 will buy today in groceries compared to 2007.
Also, look at a very important value in the Dallas area- discretionary spending. I can promise you that the average person of north Texas had far more discretionary money in 2007 than they do today. I see it everyday. I talk to business owners in that area that say it every day. Some have been able to grow by catching a larger portion of the market, but individuals don't have the money they once did.