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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-04-07 04:31 PM
Original message
Nation's sour mood favours Democrats
Source: financial times

Nation's sour mood favours Democrats

By Andrew Ward in Washington 43 minutes ago

October marked a record 50th consecutive month of employment growth in the US and the economy is in its sixth year of uninterrupted expansion.

Yet, one year before electing their next president, an overwhelming majority of Americans feel dissatisfied with the country's direction and gloomy about its economic prospects.

While underlying economic figures remain robust, many of the indicators that matter most to ordinary people are heading in the wrong direction.

Energy prices are at record highs, the housing market is in decline and healthcare costs are soaring.

Read more: http://news.yahoo.com/s/ft/20071104/bs_ft/fto110420071606081717;_ylt=AsK.oD4ZmPrapoZ1e7cbmyNv24cA
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Eurobabe Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-04-07 04:41 PM
Response to Original message
1. Just like everything else in this administration
the books are cooked and the numbers are bogus. Wall Street is just beginning to notice.
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-04-07 05:29 PM
Response to Reply #1
6. BS. They have been complicit from the beginning.
Do you think there would be any problems on Wall St. if the cops had been looking over their shoulder's the past seven years?
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sofa king Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-04-07 04:44 PM
Response to Original message
2. 50 consecutive months of employment growth.
Wow. Are we up to the number of jobs we had in 2000 yet?

Why on earth would we trust this administration, which has never told the truth about anything substantive, to tell us the truth about the economy?

I won't be surprised at all to discover early in 2009 that as much as a quarter of our nation's wealth has disappeared due to economic sleight of hand and outright theft by the Republican Party. That, of course, is assuming these gangsters actually leave town, which is a big assumption.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-04-07 04:59 PM
Response to Reply #2
4. 50 consecutive months of employment growth... what a complete joke
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-04-07 04:55 PM
Response to Original message
3. "Sour mood favors Democrats"?
Could they be more grudging?
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mitchum Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-05-07 12:47 AM
Response to Reply #3
10. I also caught that (n/t)
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EV_Ares Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-04-07 05:00 PM
Response to Original message
5. Sure the economy is in expansion and that expansion is geared to the rich
that Bush has given tax cuts to which explains the increased division of the "haves" and "have nots". Jobs, sure there have been low paying service jobs increased but have they talked about all the other higher livable wage jobs that have been lost just like Chrysler announced the other day where it is firing over 12000 workers and closing plants.

Basically the average american is going back wards. No increases in pay but lots of increases in necessary costs you cannot get out of like gasoline to get to your job, healthcare and god forbid if you are trying to put 1 or 2 kids through college.

Don't they get it yet or do these people keep up with what is going on out there for the average waged earner or do they only watch Cavuto who thinks it is a wonderful economy and Georgie is all the credit for it.
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Prisoner_Number_Six Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-04-07 05:36 PM
Response to Original message
7. They don't have anything to worry about
The Dems will find a way to fuck it up and throw it away.

They always do.

:shrug:
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kurth Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-04-07 10:11 PM
Response to Original message
8. $3/gal gas, $4/gal milk, no pay raises, everybody is terrified of pissing off the boss and losing
health insurance.

What kind of country is this?
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Zorra Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-04-07 11:38 PM
Response to Original message
9. Employment growth my ass. It's all the Jack in the Box burger flipping
and Wal-mart "associate" jobs that are driving employment numbers up.

These jobs generally pay below poverty level wages.

We have a diamonds and rust economy now.

Here's how republican statistics work: I cut off a 'possums feet, put them in my pocket, and then I tell you, yep, it's true, I really do have twenty toes. I'm not actually (technically) lying, I'm just not telling the whole truth in order to deceive you.
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KillCapitalism Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-05-07 02:10 AM
Response to Original message
11. Like Carville said...
"It's the economy stupid!"
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Acadia Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-05-07 01:03 PM
Response to Reply #11
12. Yea. When I am polled I list that as no. one for me. Though Iraq is
really really close.
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hedgehog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-05-07 01:54 PM
Response to Original message
13. I think a lot of people are just plain soured on politics.
The Republicans have been successful in getting a lot of people to think that government of any kind is the enemy, that all taxes go to someone else's benefit and that all politicians are pathological liars want the job only for money, power and glory. If members of the Democratic Party do nothing to fight these illusions, we deserve to lose.
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