Capitalism doing well

Discussion in 'News & Current Events' started by Crabtownboy, Aug 4, 2014.

  1. Crabtownboy Well-Known Member
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  2. Rolfe Well-Known Member
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  3. Crabtownboy Well-Known Member
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    Latest reports show the economy is during quite well. Cartoon seems to be mistaken, thank goodness.
     
  4. righteousdude2 Well-Known Member
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    Are you

    An economist now? Come visit California, and see Obamanomics at work. You know, where everyone that once had good paying jobs are now on welfare learning to a new career in "Entitlements!"
     
  5. Crabtownboy Well-Known Member
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    Not Obamacare friend, but the drought is costing California hugely.

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    But even at that the unemployment rate is declining. It is not at a great number and is above the national average, but it is declining.

     
  6. Rolfe Well-Known Member
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    "Latest reports..."

    I expect that there are still many Friday-afternoon press releases showing "unexpected" negative numbers and reports touting dubious results to be made public in the next couple years.

    Until then, take advantage of the high tide.
     
  7. Crabtownboy Well-Known Member
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    The future is hard to know.
     
  8. righteousdude2 Well-Known Member
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    Those numbers do not include those who are no longer eligible for unemployment and since fallen off the rolls of unemployed. If you want true numbers you look at the increase in welfare recipients, something the WH is hiding. We badly need the WH and Congress to bring back the old jobs training program CETA, to get America back to work and off entitlements. You know this is true but your bromance with Obama keeps you from admitting it.....
     
  9. Rolfe Well-Known Member
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    True, but an effect can be predicted based on an action.
     
  10. Rolfe Well-Known Member
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    Regarding Obamacare: Remember, it is not fully implemented yet.