If the Dow Jones reaches 10,000 and there is no report of any job growth this week.

[Jkid]

I'll going to make another thread with the words "JOBLESS RECOVERY" repeatedly, on that single message.

[MNDemNY]

1. Why the wait????

[Jkid]

5. You can't be too sure.

[MNDemNY]

8. Saved you the trouble

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=6711423&mesg_id=6711423

[Jkid]

13. Oh, swell

At least that's out of the way.

[orpupilofnature57]

2. The 1% is still recovering ,,since last year.

[valerief]

20. Dat's what doze recovery numbers is all about! nt

[AllentownJake]

3. Inflationary pressure

The stock market rising has more to do with the dollar falling than any actual return of investment.

[ret5hd]

4. Man you live on the edge, don't you?

What a wild man!

[Jkid]

6. No, not really

I'm just an college student who lost hope years ago. Obama did change a lot of non-controversial stuff, but for the real change (the two wars Iraq and Afghanistan), he already did an about face by staying the course.

[ret5hd]

7. Yeah, but promising to author an anonymous post on the internet!!!

I almost believe you aren't really serious! If you do though (and I see it) I'll write a response. (see, i got some of those balls too!)

[MNDemNY]

9. I usurped him.

check GD

[tjwash]

10. You're just "an" college student who lost hope years ago?

LOL...you may want to get someone to proofread your resume. ;)

[HiFructosePronSyrup]

23. Did you take a economics class yet?

Because employment is an lagging indicator.

That means it comes after the stock market.

[TheKentuckian]

11. The stock market is divorced from the little people's economy (nt)

[RKP5637]

14. Exactly!

[Monk06]

17. The New York stock exchange is the mother of all bubble machines

Nobody buys, sells or owns anything on the HYSE
it's all manipulated by derivatives traders who
are in and out faster than humming birds.

Shifts in volume and stock prices are meaningless
except for the players. It's like poker addicts
who are allowed to gamble with other peoples
money. There is no incentive to hold and every
incentive to double down. That road as we have
seen leads to more frequent and larger bubble
bulls followed by increasingly sudden and catastrophic
crashes.

The so called sub prime crisis is the worst so far
and perhaps the last as far as the US dollar is
concerned.

[xultar]

12. Well, isn't that because that's the way they like it?

[Warpy]

15. With the dollar continuing to sink

what you're seeing is offshore money snapping up stock bargains. When the dollar rises, the stock market will slide.

That has little to do with the economy you and I live in. The assets we have, our homes and small 401K nest eggs, have lost a great deal of value, consumer credit has largely dried up, all our jobs are threatened, and the cost of necessities continues to creep up.

It's the worst of all possible economies: shrinking employment, deflation in assets, tight credit, and inflation in living expenses.

The big banks might have been stabilized by TARP but the small ones sure weren't.

Anyone who says we're in recovery because the Dow is up is nuts.

[TexasObserver]

16. EVERY recovery is a jobless recovery the first year.

Stock prices plunged even while jobs did not show the full impact. Credit went crazy. That was a year ago. Six months ago, about two months into the Obama administration, we started a climb. Now we're climbing and the DOW is near 10,000 again.

While you may think this is only good news for those who own stocks, that's simply not true. It makes banks and other lenders stronger, as it makes their depositors and borrowers stronger. It helps to reweave the torn fabric of the economy. It makes those people more likely to RISK going back into the marketplace to hire back some jobs dropped when the slide hit.

Once the economy crashes, it reboots very slowly. Just as your computer must reboot at its own rate, so must a recovery. JOBS are the last thing to happen in this process.

[EmeraldCityGrl]

18. This money has to be coming from big

institutions. The "average" investor is not pumping money into this bubble. Wonder how many pensions, IRA's ect. are going to take the hit on this one.

[orpupilofnature57]

21. Average investors become the hit upon , the big institution have a net, us ...

Working or not they will extract or body parts eventually. http://www.musicsonglyrics.com/P/paulkantnerlyrics/paulkantnersilverspoonlyrics.htm#

[VOX]

19. Haven't you noticed that when a company lays off workers, its stock price goes up?

I'm no economist, but I have noticed this trend. Market traders must think that when a company dumps a bunch of employees, it'll somehow increase profit margin.

It's hateful.

[spanone]

22. that'll be real unique

:eyes: