Anonymous wrote:All US markets opened down by more than 1% today and are down by 1.18-1.30 percent right now. Obviously, many on here think the numbers are an insignificant blip, but the market says otherwise.

Anonymous wrote:Everybody with any brains knows that the economy is on the edge of a cliff and that an "event" is going to occur. we are biding time and treading water with borrowing and money printing. Where we are heading is not going to be pleasant ranging between a horrible crisis with $5000 gold or a decades long miserable but tolerable situation. Obama is not helping at all, just making it worse. We need togh medicine that nobody will be able to impliment until panic occurs.

Anonymous wrote:this is a typical lib move... the conversation is in regards to the state of the economy and todays mediocre jobs reports and what direction we are going in. we all already know that it went to shit with the previous president. but instead of acknowledging that the recovery could be slowing, they yell "BUSH!!!!!"

Anonymous wrote:Everybody with any brains knows that the economy is on the edge of a cliff and that an "event" is going to occur. we are biding time and treading water with borrowing and money printing. Where we are heading is not going to be pleasant ranging between a horrible crisis with $5000 gold or a decades long miserable but tolerable situation. Obama is not helping at all, just making it worse. We need togh medicine that nobody will be able to impliment until panic occurs.

Anonymous wrote:There is a direct correlation in the results published and the drop in S&P futures today.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dems say, "Look 8.2% unemployment rate, its getting better!"

Theres a record 88million out of the workforce
Only 120k jobs added last month.

This is not an upward recovering economy.

Well what kind of crock of shit number is 88 million? I'm one of those because I choose to SAH. So because we are doing so well that we only need one income, I contribute to your statistic of doom.

Here are the real numbers: http://www.bls.gov/news.release/empsit.t16.htm

As you can see, there aren't 88 million people looking for work. There aren't 88 million people even if you include those discouraged from finding work. Not 88 million people even if you include those working fewer hours than they want. Nowhere close.

So go ahead, throw around a number which includes families who are doing great, include people who are retired. Great logic twister.

To blindly explain bland economic numbers with distorted logic that there are families doing great out there who only need one income earner is a clear demonstration of the goggles you wear. Your link very clearly shows that there 88million people out of the workforce. Dont confuse yourself about unemployment rate-- which is based on the number of people actually looking for work and number out of the workforce. Without a doubt, the numbers are not great (but not horrible), short of predictions, and a sign of slowing recovery. Of course, thats just my opinion...

you can look at the markets response to the news (stock market was closed, but futures trading continues)-- S&P as well as Dow Jones futures dropped through the day. Feel free to investigate for yourself on WSJ, FT, or Bloomberg-- none of which are as optimistic as your happy family sitting at home with a single income earner.