DOW, S&P 500 closes at record high Friday, Is this more BAD news LIBS?

%26quot;For the second straight day, both the S%26amp;P 500 index and Dow Jones Industrial Average closed at record highs. On July 6, 2007, The Bureau Of Labor Statistics Released New Jobs Figures 鈥?132,000 Jobs Created In June. Since August 2003, more than 8.2 million jobs have been created, with more than 2 million jobs created over the twelve months ending in June. Our economy has now added jobs for 46 straight months, and the unemployment rate remains VERY low at 4.5 percent. %26quot;

LIBS - This is HORRIBLE news right? Down with Bush, right?

DOW, S%26amp;P 500 closes at record high Friday, Is this more BAD news LIBS?car loan

no...libs have the most money to invest %26amp; do it wisely...red staters tend to live paycheck to paycheck

DOW, S%26amp;P 500 closes at record high Friday, Is this more BAD news LIBS? loan

US sales retail dropped considerably this past June which could very well mean a slower third quarter.|||Youre expecting liberals to acknowledge good news?

BWAHAHAHAHAHAHAHAHAHA!!!!!|||well great,wonderful,by a new hummer,enjoy that sexual freak party.cause the Dem,s do not care about stock market,,,,maybe one day soon like ,when they win next year.I%26#039;m sure another Martha Stewart ,is in the republican pile....with very white teeth,,,chow,,p,s ,your avatar is fabulous,,,accept my answer as a right,,,|||Bush takes credit for too much.

Realistically the stock market reflects one thing investor confidence in american multinational corporations.|||absolutely --- but sadly they will %26#039; drain the coffers %26#039; before the %26#039; incumbent %26#039; government takes over .

we have the same drama here in oz --- the libs are on a slide and a hiding to nothing --- but they%26#039;ll make sure ther%26#039;s nothing for the labour party to %26#039; play %26#039; with .

they are a greedy callous mob of morons who are power charged --- and when the lollies are taken away --- they spit the dummy . !!!

down with bush !!! --- you bet --- but the ignorant fool is still heading down the path of vietnam --- just like our american puppet over here --- aka --- johnny howard !!!

you got to ask yourself --- where the priorities are !? i.e aids in america ( south carolina ) can%26#039;t get help --- but pump millions into a s--t hole like iraq ( who won%26#039;t , can%26#039;t or don%26#039;t want to help themselves ) and therein lies the answer to gullible stupidity .

good luck|||All I know is that my portfolio, small as it may be, has been growing steadily over the past 2 years big time. It keeps going like this, my kids college educations are paid for in about 5 years, and they are only 2 years old and newborn.

I%26#039;m starting a new job in August at a new property. Not because I was looking for one, I have one now. They called me to come work for them at a 12% pay increase.

Could that be the result of hard work and continuity?

I am a conservative.|||are you REALLY so ignorant as to believe that %26#039;lib%26#039; actually WANT the stock market to perform poorly? have you drunk THAT much %26#039;coulter and savage brand%26#039; kool-ade?

bush has proven himself an abject failure at pretty much everything he touches except making sure that no millionaire gets left behind...tell a factory worker or sales clerk to try spreading the S%26amp;P 500 index on a cracker to feed his/her family|||Yes, great news!

The indices closed much higher than over 3,000 soldiers, who remained down, six feet.|||War breeds prosperity. Do we really want to build our economy on deficit spending and national and personal debt? What kind of jobs were created? Minimum wage, service sector jobs? I think you should look a little deeper. Also, do you realize that the American dollar has LOST over a quarter of its value overseas? Foreign money is financing our national debt. That sounds good, right? Think again. Our foreign financiers will be pulling their investments as soon as it is feasible for better returns on their investments. The reason for the low dollar is artificially low interest rates. Hence, when the money supply starts to shink due to devestment, interest rates will rise--just about in time for the next president.

It looks great on my portfolio, but you need to look where it is going. Surface indications don%26#039;t always tell the full truth.

I have a feeling you know that.|||YEA|||No, hon...ask your investment counselor.

It%26#039;s called %26quot;eveyone wants to get on a moving train.%26quot;

The trend will eventually reverse.

Bush gets no credit for any of this.

Sorry. Nice try but no cigar.|||Not good for the liberals at all. That%26#039;s one less thing they can blame Bush for. lol|||Terrible, but they have become very good at ignoring good news the past 6 ? years.

Iraqi Refugees worry Michigan?

The area in southeast Michigan where 2,000 Iraqi refugees are expected to resettle already has 169,000 people out of work. Some fear the influx will push the state%26#039;s unemployment rate even higher.

Imad Hamad, regional director of the American-Arab Anti-Discrimination Committee, is concerned that the area cannot support many more people without significant federal aid. He likened it to %26quot;bringing more passengers to a ship that is already sinking.%26quot;

See link - http://abcnews.go.com/US/wireStory?id=34...

Question - What are your thoughts ?

Iraqi Refugees worry Michigan?apply for a loan

I know this will sound like some horrible stereo type but I will put it out there . . . I have never ever met a Persian or Arab who didn%26#039;t own a business or have an advanced degree. We need to keep the smart ones . . . And yes, the people of Michigan who have fallen victim to the incompetent management of the Fortune 500 (we all know who they are) and who to ad insult to injury have been pushed aside to further investment gains should be helped via low interest relocation loans, educational loans and small business loans.

Iraqi Refugees worry Michigan? loan

After the Vietnam conflict more than 25,000 Vietnamese were relocated to Amarillo Texas. Welcome to our Freeloading country.Come one come all.|||America WAS the last place on Earth that%26#039;s not a toilet. Oh well. Here they come.

Should we have a mandatory national service (where all 18 year olds have to join the military) in th

I think it would be a great idea. Rich and poor, black and white would stand side by side (or crawl in the mud in boot camp, side by side). We would make our decisions about going to war more seriously. The young would learn respect, discipline, and all of the hard lessons military life teaches. It would lower the unemployment rate. The list goes on and on.

Should we have a mandatory national service (where all 18 year olds have to join the military) in the US?bad credit loan

I love it. Everyone sees this issue only in black and white. What happens to those that can%26#039;t serve for whatever reason? Medical, mental, hardship, etc.

Most European countries have the right of it. They have a mandatory 12 months military service, with the option of continuing on if the soldier wishes. They are paid a minimum amount of money during the 12 months, but everything is provided for them.

IF they cannot do the military for whatever reason (medical, mental, hardship, etc), then they will do 24 months of community service (volunteer fire dept, meals on wheels, etc).

Should we have a mandatory national service (where all 18 year olds have to join the military) in the US?

loan

Sounds good to me.|||no, then immigrants 66 or over would fight, imagine, old people killing eachother|||I understand your point, but there%26#039;s no reason to enforce that. We already have enough military support as it is.|||I think it would be stupid. First of all, not all 18 year olds are physically fit. Second, there are a lot of smart kids that would be killed (in Iraq). Third, when would the kids go to college?|||I agree with you but when you have a country that you can pretty much do anything you want with the right amount of cash you will never see that instated. Remeber vietnam when they enstated the draft.|||Absolutely a great big YES!!!|||In theory it might be a good idea, but I don%26#039;t think it would work. By forcing everyone to serve, you would get people who really didn%26#039;t want to. And do you really want to put your life in the hands of someone who really doesn%26#039;t want to be there?|||every able bodied, red blodded american should join the military.

YAT-YAS|||No war - just Peace - Only the supporter of war should go to battlefield - particularly those politician%26#039;s grown-up children who supported the Iraq war. And Some Talking Heads in TV and Radio should go to Iraq to fight for you and me. Peace - and non violent is the key answer.|||18 year old mexicans yes let them serve they wanna live here shed some blood|||Dumb idea.

The US military is not a jobs program. Our purpose is to win wars - let us decide what type of people we need to do this.

If you want to play social engineer - do it with something that is not as important as the military.|||Compulsory military service is not a good idea. For one thing, there are those young people who are unfit in some way for military service due to physical or mental reason. Also, there will be those who are opposed for one reason or another to military service. Plus, the cost of the program would blow our US budget sky-high.|||Having served in the US Marines I understand that the making of loyal, hardworking, disciplined young men and women by the Military is a cool idea. However, the military, prefers the volentary enlistment of its soldiers. Not only does this have the advantage of people who want to be there, it allows them the opportunity to pick the best of those who apply, and gives us the best military and soldiers in the world. So, I tend to disagree with the mandatory part. Since this would not necessarily create a better person, unless that person wanted to better themself in the first place.|||it sounds good and it would teach them alot but i was in the military and there are draw backs to.the military is full of men of poor character.it could also corrupt good kids.|||I have always thought it would be a good idea.|||No.

U.S. military often go to the wrong wars and killing million of innocent people, losing hundred of us solders and it hure my feeling.|||No. I don%26#039;t think it would do any good. I don%26#039;t want to fight alongside anyone who doesn%26#039;t want to be there.|||I think it would be a great Idea. It would give some young kids direction . For those unable to serve do to a disabilty. Like Cerebral Palsy or other true disabilities there should be another way of serving our country. My youngest wants to join but never can because she has CP but I am all for her trying, even though I know she never will.|||I always thought it would be a great idea, especially the fact that it would lower the unemployment rate. There are to many teenagers out there that don%26#039;t know what to do with their life. this would help a lot. I%26#039;m 18, and i know a lot of people my age who would be willing to fight for their country and get all the benefits it offers, of course, i%26#039;m a girl, and they probably won%26#039;t make us do it. the military teaches a lot, and gives you experience that can help you throughout life.|||I don%26#039;t think we should and here is why. I am an officer in the US Army and I don%26#039;t want to lead people that don%26#039;t want ot be there. I need people that want to be there that I can trust. if we make everyone join the military the quality of the military will be degraded.

do you really wnat to put the secuirty of this country in the hands of 18 year olds who don%26#039;t want to be there in the first place?|||I think everyone should go through a bootcamp of some sort when they graduate high school, just so the military can determine who is best qualified (and least qualified) for combat just in case a quick draft is needed. I think those that pass the bootcamp with the highest honors should receive the option of a free college education as well as the U.S. government finding them a high paying job within the Government, and then in return, they should serve in the reserves one weekend a month. This way, the person would have opportunities offered to them, yet they would not be committed if they decided it wasnt for them.

OMG! How has 2 term George W. Bush managed to keep us so SAFE?

The Terrorists have hit Spain, London, Glascow, Bali and others but cannot strike the USA on her own soil since 9/11.

Thanks for keeping us safe President Bush.

Also, thanks for bringing Honor %26amp; Dignity back to the White House and for this SMOKING hot economy with a very very low 4.5% unemployment rate!

OMG! How has 2 term George W. Bush managed to keep us so SAFE?business loan

Amen sister! Probably because he takes action, and doesn%26#039;t let the terrorists walk all over us. I guarantee if a Democrat was in office, we%26#039;d all be history.

I%26#039;m still appalled as to why this question hasn%26#039;t been removed yet. Positive posts about Bush are never tolerated by Y!A!

OMG! How has 2 term George W. Bush managed to keep us so SAFE?

loan

For those who dont believe in mind control....|||it was Jack Bauer|||Funny how a relatively minor attack happened on the WTC under Clinton%26#039;s watch, yet no one congratulated him for not being attacked again on American soil. It%26#039;s sad when you have to search so hard for the positives that you have to resort to thanking someone for not letting another disaster happen AGAIN.

Oh, no--here come the Stepford Bushies again with their programmed answers!|||I guess there was a question in there somewhere. I%26#039;m glad you already have it all figured out, so it warrants no answer from me. Thanks for the points!!!|||How awesome is that. I thank him every day.|||Your right...Bush has done a much better job then he gets credit for.|||By HARD WORK!!!

Bush and We Americans are Fighting Terrorists, Insurgents, and Democrats.

And, %26quot;so far%26quot;, we are still safe.

BUT......always be on guard against Terrorists %26amp; Democrats.|||You said it all in a nutshell.

Where ya been? Haven%26#039;t seen you in a few days?|||The only thing that is smoking hot is your avatar. I bet you have num nums at your house. Bush has kept us safe by not having his people attack us again.

Here is a list of just a %26quot;few%26quot; of the crimes President Bush has committed....

1) Seizing power to wage wars of aggression in defiance of the U.S. Constitution, the U.N. Charter and the rule of law; carrying out a massive assault on and occupation of Iraq, a country that was not threatening the United States, resulting in the death and maiming of hundereds of thousands of Iraqis, and thousands of U.S. G.I.s.

2) Lying to the people of the U.S., to Congress, and to the U.N., providing false and deceptive rationales for war.

3) Authorizing, ordering and condoning direct attacks on civilians, civilian facilities and locations where civilian casualties were unavoidable.

4) Instituting a secret and illegal wiretapping and spying operation against the people of the United States through the National Security Agency.

5) Threatening the independence and sovereignty of Iraq by belligerently changing its government by force and assaulting Iraq in a war of aggression.

6) Authorizing, ordering and condoning assassinations, summary executions, kidnaping, secret and other illegal detentions of individuals, torture and physical and psychological coercion of prisoners to obtain false statements concerning acts and intentions on governments and individuals and violating within the United States, and by authorizing U.S. forces and agents elsewhere, the rights of individuals under the First, Fourth, Fifth, Sixth and Eighth Amendments to the Constitution of the United States, the Universal Declaration of Human Rights, and the International Covenant on Civil and Political Rights.

7) Making, ordering and condoning false statements and propaganda about the conduct of foreign governments and individuals and acts by U.S. government personnel; manipulating the media and foreign governments with false information; concealing information vital to public discussion and informed judgment concerning acts, intentions and possession, or efforts to obtain weapons of mass destruction in order to falsely create a climate of fear and destroy opposition to U.S. wars of aggression and first strike attacks.

8) Violations and subversions of the Charter of the United Nations and international law, both a part of the %26quot;Supreme Law of the land%26quot; under Article VI, paragraph 2, of the Constitution, in an attempt to commit with impunity crimes against peace and humanity and war crimes in wars and threats of aggression against Afghanistan, Iraq and others and usurping powers of the United Nations and the peoples of its nations by bribery, coercion and other corrupt acts and by rejecting treaties, committing treaty violations, and frustrating compliance with treaties in order to destroy any means by which international law and institutions can prevent, affect, or adjudicate the exercise of U.S. military and economic power against the international community.

9) Acting to strip United States citizens of their constitutional and human rights, ordering indefinite detention of citizens, without access to counsel, without charge, and without opportunity to appear before a civil judicial officer to challenge the detention, based solely on the discretionary designation by the Executive of a citizen as an %26quot;enemy combatant.%26quot;

10) Ordering indefinite detention of non-citizens in the United States and elsewhere, and without charge, at the discretionary designation of the Attorney General or the Secretary of Defense.

11) Ordering and authorizing the Attorney General to override judicial orders of release of detainees under INS jurisdiction, even where the judicial officer after full hearing determines a detainee is wrongfully held by the government.

12) Authorizing secret military tribunals and summary execution of persons who are not citizens who are designated solely at the discretion of the Executive who acts as indicting official, prosecutor and as the only avenue of appellate relief.

13) Refusing to provide public disclosure of the identities and locations of persons who have been arrested, detained and imprisoned by the U.S. government in the United States, including in response to Congressional inquiry.

14) Use of secret arrests of persons within the United States and elsewhere and denial of the right to public trials.

15) Authorizing the monitoring of confidential attorney-client privileged communications by the government, even in the absence of a court order and even where an incarcerated person has not been charged with a crime.

16) Ordering and authorizing the seizure of assets of persons in the United States, prior to hearing or trial, for lawful or innocent association with any entity that at the discretionary designation of the Executive has been deemed %26quot;terrorist.%26quot;

17) Engaging in criminal neglect in the aftermath of Hurricane Katrina, depriving thousands of people in Louisiana, Mississippi and other Gulf States of urgently needed support, causing mass suffering and unnecessary loss of life.

18) Institutionalization of racial and religious profiling and authorization of domestic spying by federal law enforcement on persons based on their engagement in noncriminal religious and political activity.

19) Refusal to provide information and records necessary and appropriate for the constitutional right of legislative oversight of executive functions.

20) Rejecting treaties protective of peace and human rights and abrogation of the obligations of the United States under, and withdrawal from, international treaties and obligations without consent of the legislative branch, and including termination of the ABM treaty between the United States and Russia, and rescission of the authorizing signature from the Treaty of Rome which served as the basis for the International Criminal Court.|||blood for oil.....that%26#039;s how,,,,|||They are laughing so hard at us they haven%26#039;t had time to attack. They may figure if they wait long enough we will do it to ourselves.|||Nobody wants to get their A** kicked. that%26#039;s why. these wacko islamofacists sh*t their pants when republicans get serious. it amazes me, the cowardace of the suicide pilots. they knew they were taking the easy way out, and to think they did it with W in office. they had little regard for their bretheren. you know clinton would have stormed fort knox to buy them off. %26quot;here, will 500 BILLion keep you guys away?%26quot;|||What is smoking hot, is you.... not the U.S. economy. Unfortunately, though I really like your looks, I have to disagree with you on Bush. There is much evidence that shows that the Bush Administration had a hand in the 9-11 attacks and for the cover-up that has ensued. He has gone out of his way to keep everything %26quot;secret%26quot; from the American people because it would endanger %26quot;national security%26quot; to tell us the whole story.

I firmly believe that the attacks in Spain, London, Glascow and Bali were all carried out by CIA, Israeli Mossad and British agents working in concert with one another. The name of the game is false flag operations, and it has worked well to brainwash those who cannot see through Bush%26#039;s crimes.|||The terrorists haven%26#039;t felt the need to encourage anymore aggression out of the USA. Our assault on the sovereign nation of Iraq has created a huge recruiting boon to organizations like Al Quaeda. Why bother stinging the giant again if you don%26#039;t need to? The other nations that have been struck are all nations that either are backing away from the global %26quot;war on terrorism%26quot; or never really entered into it. The terrorists need to convince these nations to turn aggressive against Islam and the Middle East again so they can then point and say, %26quot;See, See, we told you the Westerners are just here to occupy our Holy Lands!%26quot;

Also, the 4.5% unemployment rate is a lie. The measurements changed under the former Bush and Clinton administrations. Now they exclude all individuals who were receiving unemployment benefits, but are no longer. Also, the employment growth numbers are fudged using factors that are based on historical trends to try to compensate for various unknowns. If calculated the same way as it was pre-Bush I it would be closer to 10%.|||with all the nuts around here ,,what i cant figure out is why dont i see more squirrels

hey i agree with you|||This is a long running hanger for the left keep asking to p----- them off|||I do not know about it. I know some people who work in the unemployment office and according to them, things do not look so good. The other thing is we are not safe for anyone remember Fort Dix? The only way those guys got caught is because an alert kid at Circuit City figured out what those guys were up to. What would have happened if he did not? Plus in Iraq to prevent terrorists from entering the country through Iran, US troops are placed along that border to prevents such combatants entering Iraq. So if border security in Iraq is important and fundamental to keeping terrorists out of Iraq and we are doing so over there, why are we refusing to do so over here? Most of the terrorists were illegals and guess how they got through? Why has this problem not been addressed?|||Luck|||Bush has brought nothing but dishoner and shame to the White House.|||Because, like most of the other accomplishments he%26#039;s had in life, he%26#039;s lucky.|||OMG! Why not just write a fan letter to the White House?|||da chimpster brought dignity and honor back to the white house since clinton. wow that is news to me.

Could you please help me to answer this "staffing" question?

Question

The article below presents a solution to a staffing problem.

A. True

B. False

C. Can%26#039;t tell from the text

Article

Businesses often have problems with finding the right employees. However, problems with staffing and retention may not be due to people who are hired and do not work out or a low unemployment rate. In fact, they may be connected to poor management understanding of how employees fit into the business strategy.

Creating a strategic plan and definitive initiatives is the easy part of the formula for success. The difficult part is finding, recruiting and retaining the appropriate talent combination in today%26#039;s market to carry out that plan.

Staffing and retention are major issues in service industry businesses today.

How does the service industry not only recruit new talent, but protect the employees they have? Questions about payment, training, incentives, benefits and work environment will therefore become more important.

what do you think? thanks

Could you please help me to answer this %26quot;staffing%26quot; question?student loan

A. True

The job of managing people in any capacity is a job that requires much patient and empathy. It is very difficult. Staffing and retention ARE the major issues. I could write a book regarding this subject.

Could you please help me to answer this %26quot;staffing%26quot; question?

loan

Sounds to me like the problem really is %26quot;poor management%26quot; but it doesn%26#039;t tell you the solution so I would say %26quot;can%26#039;t tell from text%26quot;, but I could be wrong.|||B. False

The article highlights the problem, but it does not offer a solution. The article only points to the areas that must be considered in the solution.

Why is the economy booming?

NEW YORK (AP) - Consumer confidence hit a six-year high in July, a widely watched gauge of sentiment showed on Tuesday, as Americans shrugged off falling home prices to focus on a healthy jobs market, instead.

The New York-based Conference Board said that its Consumer Confidence Index, rebounded to 112.6, its highest level since August 2001 when it recorded a 114.0 reading

%26quot;An improvement in business conditions and the job market has lifted consumers%26#039; spirits in July,%26quot; said Lynn Franco, director of The Conference Board Consumer Research Center.

A healthy outlook for jobs has been helping consumers. The Labor Department is expected to show an increase in 135,000 jobs in July when it reports monthly figures on Friday. The unemployment rate is projected to be steady at 4.5 percent

http://www.breitbart.com/article.php?id=...

Why is the economy booming?cash loan

It%26#039;s that darn Bush. Ever since he lowered taxes, everything started going great. We should get him out of office as soon as possible.

Why is the economy booming? loan

More like exploding.

Ever hear of what you can do with a poll or stats?|||The Finest President in United States History - Mr. George W. Bush.

He has lowered taxes for the Working families, so they can afford the things they needs, ensuring a good flow!

Thank you Mr. President, You da Man!!|||military industrial complex...economy booms whenever theres a war.

Watch the documentary %26quot;Why We Fight%26quot; for more info|||Because it%26#039;s not? In case you haven%26#039;t heard, the Dow took a down turn--the worst in five years! Not that the Dow has anything to do with most Americans anyway. And we have runaway inflation, climbing interest rates, inflated housing prices--all compounded by high gas prices which raises the cost of all consumer goods. Sorry, the enonomy still stinks.|||The economy is not booming. It has been on a downward spiral for about 25 years. I have lost enough jobs and it took me over a year to find a grunt job.|||I see credit taken and blame placed by politicians for the state of our economy. But I%26#039;ve never been able to see, except in the case of Reagan (positive effect), how a certain president or congressional mix actually affected the economy.

As the election nears, of course the dems are going to start expounding on how the Bush criminals and thieves have tanked the economy and put us in a deep hole. And the repubs are going to point out, correctly, that the economy is robust.

Its already started. I saw an interview on CNBC tonight of two men, each of whom had a different take on the economy...one who believes its gangbusters and one who doesn%26#039;t believe the numbers and who would rather look foolish and blame Bush.

I conclude that our economy is booming IN SPITE OF our meddlesome government.

NOTE to dumdum: The stock market is undergoing a due correction. No worries there. Runaway inflation? Have you been asleep for the last 20 years? Its LOW. Climbing interest rates...maybe for housing (if you have good credit, you can still get a home loan for around 6.25 percent or less)but in general, interest rates are very low right now. The fed funds rate crept up to keep inflation in check and to keep the ecomony from overheating. Its still very low in historical terms. Housing in some areas of the country has been inflated for years and some of those markets are correcting now, and its overdue. Most areas of the country have healthy housing markets. While your particular situation may not be ideal, its not the economy%26#039;s fault. Its in great shape.|||Oh really? Just look at the stock market.

Dow down 281.42 (2.09%)

Nasdaq down 64.73 (2.51%)

S%26amp;P 500 down 39.14 (2.66%)

http://biz.yahoo.com/ap/070803/wall_stre...

This gloom and doom you speak of is a little thing I like to call reality|||For the man who made it happened. Bush

http://www.blogsforbush.com/mt/archives/...|||consumer confidence....in what? how was this arrived at? just cal some smack out of the phone book and ask if he likes his i-pod? this has nothing to do with sound economic policy, on any given day you can get different reading by calling a different demographic. But I guess that a gifted economist such as your self would understand how absurd applying consumer confidence to economic analysis, unless you are Walmart employee. Stock market? housing market , trade deficit, national debt, record high personal debt. Yep you must employee of the month.

Why are the inflation numbers understated? Why would government officials cook the books? The answer is simple: money. Most government-employed people are on cost-of-living adjusted pay packages. Social security programs, retirement programs and pension contributions are all inflation-adjusted.

Interest payments on national debt (which is very high in both the U.S. and the U.K.) would go up dramatically if inflation was reported closer to its real level. In other words, there are billions to be saved if you can keep the official inflation figures down. Manipulating the numbers is surprisingly simple.|||because liberals are not running things|||Ya, right...

House prices are still far beyond ANY historically known relationship to rents or salaries. Rents are less than half of mortgage payments. Salaries cannot cover mortgages except in the very short term, by using adjustable interest-only loans. Anyone who buys now will suffer losses immediately, and for the next several years at least.

The best summary explanation, from Business Week: %26quot;Today%26#039;s housing prices are predicated on an impossible combination: the strong growth in income and asset values of a strong economy, plus the ultra-low interest rates of a weak economy. Either the economy%26#039;s long-term prospects will get worse or rates will rise. In either scenario, housing will weaken.%26quot;

Your %26quot;job increase%26quot; amounts to nothing more than a bunch of %26quot;McJobs%26quot; and you know it.|||All the Left wants is defeat in Iraq and a severe recession. The Administration appears to be trying to help them. Lincoln changed commander of the Army of the Potomac as necessary. The Administration and the GOP losers in the Congress, like that fool Senator Grassley, failed to get the tax cuts extended. Failure to try different approaches and failure to extend the cuts are the recipe for the complete destruction of the GOP, unless the nomination is secured by someone who is utterly ruthless.

In my view, the GOP are utterly moronic. Don%26#039;t they realize that the last time we had a fool like this in the White House, it was Herbert Hoover, and he failed to do what he was told by Andrew Mellon - the most talented GOP Secretary of the Treasury in the Twentieth Century - namely, absolutely nothing?

FDR then instituted a witch-hunt against Mellon whose aggressive tax cuts policy was the basis of the Coolidge prosperity and FDR even scared J. Paul Getty into giving to FDR - essentially protection money. Mellon died before he was completely absolved, having already been acquitted by a jury, he was also absolved by the administrative investigation.

FDR, in my view, was a dark and malevolent person. This Administration like Hoover%26#039;s is full of fools playing out of their league. This is not a case of Mr. Longfellow Deeds going to town, it is a case where in a battle with the likes of Pelosi, Murtha, Hoyer and Schumer, the Administration goes unarmed. There may be a lot that can be said against Trent Lott and the late Strom Thurmond, but at least, they knew the enemy.|||I agree.

4.5 % unemployment.

True inflation is at all time lows.

Whoever it was that said interest rates were creeping up? Really? Maybe by a point in the last 365 days. We%26#039;re just NOW beginning to approach housing interest rate numbers of the Clinton years, but I do know that my brother purchased his house a year and a half ago at 4.9% for thirty years! So if libs want the Clinton economy back, we will get back to it if a Dem wins the White House, with housing rates back at 7% or higher.

OH YEAH! And NOW the libs want to quote the markets numbers? When they are flying high consistently, they are the first ones to say that the markets don%26#039;t have anything to do with the economy, but yet now they do?

What morons!

I have several stocks in my portfolio. One thing libs don%26#039;t get, are corrections in the market. However, These fast climbs and drops are when people make their money. When they climb quickly, you sell at the first sign of a dip making a good profit. When they look to be climbing again after a dip, you buy cheap. It doesn%26#039;t take rocket science.

For those that can%26#039;t find anything better than a grunt job in a year? You are either a union person with no other form of training or education, or you just need to consider moving to a different job market area.

For those that want to whine about the economy.

How many of you have more than 2 TV%26#039;s in your house?

How many have at least 1 computer? Many these days have multiple computers in one household.

Most households have more than 2 cars today.

Cell phones? Fuggedaboudit.

We are a society of a bunch of spoiled rotten brats.

Just because you may not be able to afford the latest and greatest %26quot;iphone%26quot;, doesn%26#039;t mean the economy is in the crapper.

People are buying bigger, better and faster things everyday these days. They also seem to forget how much better off we are than compared to ten years ago.

Libs just won%26#039;t admit it because it isn%26#039;t their man in the White House.

If Kerry were in the White House today. According to Libs, the economy would be booming right now at the current numbers. Of course that wouldn%26#039;t have happened because he would have raised taxes to Clintonian levels prohibiting financial growth.|||Hmm... It doesn%26#039;t seem rosy, though.

Health insurance is a problem for many people. In my state, home loan defaults are pretty high. There are lots of jobs, but they are low paying jobs, mostly retail. Rising fuel costs and rising milk costs might not be significantly affecting people%26#039;s budgets, but it creates an illusion of inflation.

I know I%26#039;m not statistically significant, but it doesn%26#039;t seem like things are as good as this article says.

One possibility is that these stats are not the only things that make the economy healthy.

And, of course, Consumer confidence and the economy are only a part of what makes a country happy.

On the other hand, I have my new house, and things are going fine for me. Bush is imploding, and the next president will likely be a Democrat, so whose to say?

++++++Oops!++++++

I just came back to Y!Answers and realized that I didn%26#039;t actually answer your question: Why is the economy booming?

And the answer is simple. Bush and the Republican Congress (up until 2006) pushed programs that should have increased these numbers, and they were successful.|||LOLOL

http://news.yahoo.com/s/ap/20070804/ap_o...

Not...|||All the gloom and doom is because the economy is not booming like it was in the Clinton years. Those were good times.

The Bureau of Labor Statistics in the U.S. Department of Labor issued an employment report last week

The Bureau of Labor Statistics in the U.S. Department of Labor issued an employment report last week indicating U.S. employers added 243,000 jobs in February and average hourly pay posted the largest annual increase in 4-1/2 years. The monthly report showed the unemployment rate at 4.7 %.

Is this good news for the economy? Describe how fiscal policy(taxes and government spending) has played a role in stimulating the economy over the last 3 years.

The Bureau of Labor Statistics in the U.S. Department of Labor issued an employment report last week.?mortgage loan

Fiscal policy=

1. increase/decrease in taxes both for consumers and businesses. Were there new incentives for business that the government offered?

2. Government spending- subsidies, infrastructure spending, etc.. that will help businesses grow- and therefore increase jobs. War also creates jobs.

3. Interst rates (although monetary, not fiscal)- they were so low (which is expansionary) and corporations could borrow more at a low interst rate- that creates incentives to invest and build, and therefore create jobs.

One thing to check is the 243,000 jobs- check whether that%26#039;s non farm only- you want to make sure it%26#039;s the services and manufacturing sectors.

The conservative administration is focused on helping industry (business) and they have created many incentives to boost growth.

Check the bureau of labor statistics