Tuesday, July 14, 2009

Eight Questions for Liberals - There IS a right and wrong answer for each one and you WILL be graded

1) True or false: unemployment rate has nothing to do with benefits?



2) What is a put?



3) Which is highest: (a) Treasury receipts in 2003, (b) Treasury receipts projected for 2006 without the tax cuts, (c) Treasury receipts projected for 2006 with the tax cuts, (d) actual Treasury receipts for 2006?



4) True or false, more than 1 in 12 US households have at least $1MM liquid net worth, about three times as many as in 2000?



5) True or false, close to 1 in 4 have between $100K and $500K liquid net worth, about three times as many as in 2000?



6) True or false, of the households in the bottom 20% by income in 1979, more made it to the top 20% by 1989 than remained at the bottom?



7) True or false, 92% of the exodus from the %26#039;middle class%26#039; has been upward?



8) True or false, %26quot;service sector%26quot; means 80% of the economy by GDP and includes white collar workers, and only 20% of the %26quot;service sector%26quot; is in food service, retail and hospitality combined, including management in these sectors?



Eight Questions for Liberals - There IS a right and wrong answer for each one and you WILL be graded.?credit rating





1) Depends on the study you%26#039;re referring to. This question does not yield a true/false answer.



2) It%26#039;s an option to purchase an asset at a set time, assuming that you%26#039;re talking about investment. Context, man! It%26#039;s all about context!



3) I don%26#039;t know at the moment and haven%26#039;t looked into this. Of course, it doesn%26#039;t matter because you haven%26#039;t isolated the variables, and you only have statistics listed for two slices of time. If you%26#039;ve ever done real economic research (which is doubtful) you%26#039;d know that 2 disparate slices of time don%26#039;t necessarily mean anything.



4) True, largely due to inflation and the increase in real estate prices.



5) Also true. Basically, to qualify for this all you need to do is own a house, and in that context that number%26#039;s pretty poor.



6) I don%26#039;t have access to that information, but would be interested to see an actual link indicating it. I would be curious as to the causes because I%26#039;m doubtful that you%26#039;re making the proper interpretation.



7) Depends on the measure that you use. I know that some economic measures make that connection... it depends on a few factors, though. Again, this is not a true/false question that you have crafted (either through ignorance of the difference in metrics or via bias) into a true/false question.



8) I don%26#039;t have the figures on-hand, but I wouldn%26#039;t be surprised.



Incidentally, since you%26#039;re grading us (which is pretty laughable, to be honest), I%26#039;ve taken the liberty of grading your previous rants (since you%26#039;ve posted few real questions) with regard to your understanding of economics... and you failed.



Sorry to have to inform of that.



Have a nice day!



Eight Questions for Liberals - There IS a right and wrong answer for each one and you WILL be graded.?

loan



Actually, I misread that as net worth... mea culpa. Report It

|||sorry...1 question per 5 pts.



1) need more information to answer the question...what benefits? Unemployment benefits? False|||1). false -Golden parachutes for ceo%26#039;s and board members affect the number of workers able to be hired or the pay increases they may get .



2).A contract to sell stock ,or the action involved in placing an object in a certain place



3). A



4).False



5).False



6).False



7).False



8).True



Unusual line of questions but never the less lots of false information . Number 8 is only partially true because 20% of our economy is flipping burgers and changing bed sheets today .This means that 20% of our population is making less then 12 dollars an hour . Thats a lot of people with no future .Guess we can rotate in people at these bottom jobs each year and promote 60 million people into management each year cause we do not need burger flippers and people to change the sheets .|||1. True



2. I don%26#039;t know



3. I don%26#039;t know



4. False



5. False



6. False



7. False



8. True



What%26#039;s your point?????

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