Reply #35: This does make sense, then afterall [View All]

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The ripple effect of that military spending along with the housing sector. So can we tell that the pent up demand in the housing market has been spent and other than a rebound from a really bad place to just bad nothing really has happened and it is just living on borrowed money. I posted this in the another thread

More Gross Domestic Propaganda for an unsuspecting populous. I will mark this day as the launch of Multinationals to get * another appointment. They have to try and prop this dude up; they know they will not have that much of an easy going with an alternative. A business community that is another interregnal part in this web of this government / military / prison complex makes me suspicious. There must be some up kick, but is it real and sustainable or is just, cooked books, hype and few other flukes. Out here in Southern California things don’t look that great. Any clues on World GDP, is it really measurable?

This whole story has to be major bullshit somewhere, with all the work they have shipped overseas, to fall or flat nature of the dollar, to the improperly factored inflation rate. Interest rates have stayed stagnant which are also good indicators of no real economic growth. This seems just like a lot of bunk, other than lots of more homes built what could this be based on, people picking up more debt because of refies on homes on which a big bubble has been built up?

People are really desperate for good news and I think they are lighting a match and trying to start a fire with this. Pump and dump, get some more fools to buy into it so they sell theirs and get out? Who knows, with parts of the government giving out more falsehoods than truth, how could anybody believe any of it? Does anybody feel financially better off than they were 3 years ago? Is there a Poll on DU somewhere? Not that I like bad news, it's just that I like real and true News and I have not seen a whole lot of it coming out lately

Lastly is GDP tied to a Quality of Life Index for an average person?


Other thread

GDP is ONE indicator of economic performance- economy is not "blistering"
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=104&topic_id=617202