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Old 04-08-2004, 10:58 AM
JaR
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Default Re: "U.S. Jobless Claims Tumble to 328,000"

Jtyc opined, On 4/8/04 10:27 AM:

>>The headline of the
>>article is especially misleading. "US Jobless Claims Tumble to 328,000".

>
>
> But if the jobless claims previously are higher, then it did indeed tumble.
>


Define 'tumble'. More like lowered slightly.

>
>>This does not mean the economy is getting better.

>
>
> I disagree.


You are free to do so. However, the stark fact is that jobs, particulary
living wage jobs, are not increasing at any dramatic rate. The economy
is being propped up by artificially low interest rates. If they go up by
as much as two points, what do you think will happen?

>
>
>>means the economy isn't getting worse *as fast* as it was before.

>


Potayto, potahto.

>
> The economy has been on an upswing for quite awhile now.


Upswing? Quite a while? Scuse me? So you're saying that all the people
that lost their jobs in the last four years are back to work, and new
jobs are being created in addition? Don't think so...

>
>
>>we'll dig ourselves out of this economic funk
>>we've been in for a couple years, but I'm not holding my breath.

>
>
> We have dug out of it. The numbers show that. The problem is, no one
> believes it accept for people in the business.
>


"We have dug out of it" See post above. Perhaps "Are digging out of it"
at best.

YMMV

*sh$t! Jtyc finally drug me in to one. fsck fsck fsck!

JaR
New Deal Thug
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