On Nov 7, 7:44 am, "Hoover" <Hoo...@yahoo.com> wrote:
> 10.2% unemployment. A "stimulus" package that did nothing. Yes, he's a real > genius.
Not quite the economic genius are you? GDP growth is a leading indicator and was up in 3Q 2009. Unemployment is a trailing indicator. Even at the time the stimulus was passed, most economists said that unemployment could hit 10% and not improve until 2010.
> 10.2% unemployment. A "stimulus" package that did nothing. Yes, he's a > real > genius.
Not quite the economic genius are you? GDP growth is a leading indicator and was up in 3Q 2009. Unemployment is a trailing indicator. Even at the time the stimulus was passed, most economists said that unemployment could hit 10% and not improve until 2010.
On Nov 7, 10:54 am, rastafarians2...@yahoo.com wrote:
> On Nov 7, 7:44 am, "Hoover" <Hoo...@yahoo.com> wrote:
> > 10.2% unemployment. A "stimulus" package that did nothing. Yes, he's a real > > genius.
> Not quite the economic genius are you? GDP growth is a leading > indicator and was up in 3Q 2009. Unemployment is a trailing > indicator. Even at the time the stimulus was passed, most economists > said that unemployment could hit 10% and not improve until 2010.
> > 10.2% unemployment. A "stimulus" package that did nothing. Yes, he's a > > real > > genius.
> Not quite the economic genius are you? GDP growth is a leading > indicator and was up in 3Q 2009. Unemployment is a trailing > indicator. Even at the time the stimulus was passed, most economists > said that unemployment could hit 10% and not improve until 2010.
Economic recovery is inversely proportional to the number of Czars. As the number of Czars decrease; the economic recovery will accelerate.
rastafarians2...@yahoo.com wrote: > On Nov 7, 7:44 am, "Hoover" <Hoo...@yahoo.com> wrote: > > 10.2% unemployment. A "stimulus" package that did nothing. Yes, > > he's a real genius.
> Not quite the economic genius are you?
He was pretty good.
> GDP growth is a leading > indicator and was up in 3Q 2009.
Tell that to the guy who just got his pink slip.
> Unemployment is a trailing indicator.
If unemployment is going up duing the month of October 2010, the Dems are toast.
On Nov 7, 10:54 am, rastafarians2...@yahoo.com wrote:
> On Nov 7, 7:44 am, "Hoover" <Hoo...@yahoo.com> wrote:
> > 10.2% unemployment. A "stimulus" package that did nothing. Yes, he's a real > > genius. > Not quite the economic genius are you? GDP growth is a leading > indicator and was up in 3Q 2009. Unemployment is a trailing > indicator. Even at the time the stimulus was passed, most economists > said that unemployment could hit 10% and not improve until 2010.
Obama disagrees with you. He said the stimulus would prevent this level of unemployment. I guess Hoover is as smart as Obama.
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