Re: OT Sold It!!!!!!!!!!!!

Nope. Even the job market is doing fairly well. Its hovering around 5% 
unemployment, and thats good. Everyone got used to an economy that was 
growing as fast as we've ever seen, and forgot the fact that it was above 
normal.

Check here, and you'll find the unemployment rate is slightly higher than 
"normal", but right in line with the "normal" cyclical nature over several

years. Look at 1982, and 1983, and you'll see why I'm saying the job less 
rate right now is nothing to worry about.

http://www.econstats.com/BLS/blsnaa4.htm

-- 
Max

"Everyone is entitled to his own opinion, he is not entitled to his own 
facts."  Sen. Daniel Patrick Moynihan of New York



"Roy" <Roy@[EMAIL PROTECTED]
> wrote in message 
news:48262791$0$5102$4c368faf@[EMAIL PROTECTED]
>
> "Max Dodge" <max340@[EMAIL PROTECTED]
> wrote in message 
> news:UqkVj.82$ll1.62@[EMAIL PROTECTED]
>> The fact is, the economy is doing fine. Down a bit, but not terrible at

>> all. The real killer is the fuel prices, not the housing market. And
yep, 
>> thats all tied back to the housing market. But the economy and the
stock 
>> market haven't crashed, just the housing market.
>>
>> Don't believe everything you read in the papers.
>>
>
> The job market has pretty much crashed as well.
>
> Roy
>> Max
>>
>> "Everyone is entitled to his own opinion, he is not entitled to his own

>> facts."  Sen. Daniel Patrick Moynihan of New York
>>
>>
>>
>> "TBone" <NoWay@[EMAIL PROTECTED]
> wrote in message 
>> news:4825acd3$0$12948$4c368faf@[EMAIL PROTECTED]
>>> "miles" <nope@[EMAIL PROTECTED]
> wrote in message 
>>> news:BJQUj.60$3i3.17@[EMAIL PROTECTED]
>>>> mac davis wrote:
>>>>
>>>>> Oh.. if you think the crash is a myth, I have a house you can take 
>>>>> over payment
>>>>> on in California... It only went from $320k to 200k in a year or so,

>>>>> but since it's a myth...
>>>>
>>>> Thats an entirely different matter.  The housing market ballooned and

>>>> was WAY over inflated for a few short years.  It went through a 
>>>> correction. It has little to do with economic issues.  Your 320K
house 
>>>> was probably a under 200K just 3-5 years ago.  Thats the way it is
here 
>>>> in Phoenix. Current prices are just above what they were 3-5 years
ago. 
>>>> California is a tad different with massively over inflated prices for

>>>> many years. People finally cashed out, moved to cheaper states such
as 
>>>> AZ and drove the prices up there.  No way could it sustain itself.  A

>>>> correction was well predicted.
>>>
>>> Once again Miles, you don't seem to see the big picture.  The housing 
>>> bubble and its aftermath is the reason for our current bad economy
which 
>>> is every bit as bad as the news suggests for the majority of people, 
>>> especially combined with the current commodities bubble driving up the

>>> price of just about everything while wages for many are stagnent.
>>>
>>>
>>> -- 
>>> If at first you don't succeed,  you're not cut out for skydiving
>>>
>>>
>>
>>
>
>