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

"TBone" <NoWay@[EMAIL PROTECTED]
> wrote in message 
news:4828b5ee$0$20179$4c368faf@[EMAIL PROTECTED]
> Sorry to burst your bubble Max, but you are incorrect.  You have heard
of 
> the current recession, right??  As for the unemployment numbers, they
are 
> completely bogus at this point in time as they are based on assumptions 
> that have not been valid for years.

Tbone, the numbers I used compared two "bogus" sets, according to you. As 
such, BOTH sets are subject to the same inaccuracies. Therefore, the
nearly 
10% unemployment of 1982 an 1983 STILL are double what they are now.

The inflation rates are not subject to your claimed inaccuracies, and we 
still haven't hit the nearly 15% of the early 1980's.

The "current recession" is subject to much debate. Recession implies that 
the economy is shrinking. Currently the economy is NOT shrinking, it
simply 
isn't growing at the rate which it has the past several years. If you have

studied history or economics, you know that economic growth cannot
continue 
unabated or rampant inflation follows. Usually something intervenes, such
as 
a "readjustment". Such is exactly the case this time.

Believe what you'd like, but the facts speak for themselves. The economy 
showed about 1% growth in the first quarter, unemployment is hovering
around 
5%, and inflation is around 6%. None of these are anywhere near as bad as 
the early 80's.

-- 
Max

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