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Old 09-17-2003, 03:39 PM   #28
ChrisCantSkate
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Join Date: Aug 2001
Location: orlando florida
Age: 41
Posts: 9,662
Quote:
Originally posted by highlander
THE ECONOMY IS NOT THE STOCK MARKET. Why can people not figure out that what the stock market does is not an accurate measure of how well the economy is doing. It is speculation on the future of the economy, not the current condition. People's emotions and premonitions come into play in the market, such as the panic after 9/11. Did the economy immediately plummit? No, I still went to school, people still went to work. People speculated the economy was going downhill and 9/11 gave them a reason to hit the panic button. If everyone in America gets and spends a $200 tax check, that is amazing. 250mil x 200, thats an awful lot of money. And don't think that the money gets spent once. Consumers spend money on a product, the firm spends that same money to expand/hire, more people employed, the employed people now get a check that they spend some every week, that money goes into circulation, etc. It is called capitalism. I recommend a basic macroeconomics book from a bookstore.


i dont know who this was directed at, but if it at all directed to me, i'll back up what i said about a ****ed economy. ok.... job rate is extremly low(i think the lowest its been since the great depression), people are afraid to take investment risks, people are loosing their jobs, theres still some commerce going on, but its WAY down. i dont care what the stock market says, sure it lets you see how the major corporations are doing(if you look at the indexs) but it dosnt show that theres people without food cloths or even a home because they got laid off, or hours cut, or cant find a job.

im sorry... it just seems like you can look at the loss of some peoples lives(not life.. lives... loosing homes, families, possesions or anything else that once wasnt a issue) in our own counrty and call it "not so bad" or "acceptable" because we're "right" by invading another country and funneling money into somehting thats providing no gains, and well.... if you look at whats going on WE ****ED UP. we havnt really proved our invasion was justified yet. sure sadam was a bad man, i never am saying no to that, im not saying that we should have sat there with a silent voice, but when our own ****in people need help, and our gov sees it to be more important to go fight a political war that you can get the mass behind you simply because a different terrorist group attacked us.

bah... lost my train of thought. i godda goto work
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