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Call To Power 2 Cradle 3+ mod in progress: https://apolyton.net/forum/other-games/call-to-power-2/ctp2-creation/9437883-making-cradle-3-fully-compatible-with-the-apolyton-edition
I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
Originally posted by Adam Smith
Anybody notice that the stock market is essentially unchanged today (up about 0.1 percent last I looked)?
Which probably means that:
A. A substantial increase was expected to begin with; and
B. A good chunk of the rest will evaporate when revised.
Or C, they take a closer look at the date, notice how consumer expenditures rose an annualised 26.9% this quarter, after an annualised 24.3% the previous quarter, and realise how short-lived a debt-fuelled recovery could be in an economy already swamped by debt.
Sorry, ranting again... (otherwise I'd go with explanation A)
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notice how consumer expenditures rose an annualised 26.9%
Notice how you aren't reading the chart right.
Durable goods purchases have risen 26.9% and 24.3%, respectively, but consumer expenditures overall only rose 6.6% and 3.3%, respectively.
I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
I forgot to type "on durables". Do you have anything substantive to argue about?
DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.
I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
Hopefully, this will translate into growth the stock market, tax revenues and jobs. Tax revenues may grow more slowly due to large loss carryovers from the lean years. But I expect employment will soon take off as corporations staff up to meet demand.
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Looks like lower interest rates are finally kicking in. If it wasnt for deficit spending, we'd already have a roaring economy.
Actually, I'd argue BECAUSE of deficit spending the growth has surged. Now, if it continues, we can look into ways to reduce the deficit.
“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)
1.17% of the growth was in cars and houses. Most of our deficit spending has been for homeland security, and defense (war on terror, increased monies for the pentagon) That may fuel a small sector of the economy, but its one which doesnt make consumer goodsd. I'd say that its the low interest rates for cars and houses which is making people buy these products, a rate which is being pushed up by fed bank borrowing from the private sector.
"Everything for the State, nothing against the State, nothing outside the State" - Benito Mussolini
You forgot the tax cuts bit of the deficit spending:
Current-dollar personal income increased $91.0 billion (4.0 percent) in the third quarter, compared
with an increase of $75.8 billion (3.4 percent) in the second. Personal tax and nontax payments
decreased $100.0 billion (32.1 percent), in contrast to an increase of $9.0 billion (3.4 percent). The
downturn in taxes reflected the lower withholding rates and the advance payments of child tax credits
mandated by the Jobs and Growth Tax Relief Reconciliation Act of 2003.
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--" In a separate report, the Labor Department said new weekly claims for unemployment benefits were still relatively high in the week ending Oct. 25, pointing to the Achilles' heel of the strengthening economy: a sluggish job market. "
So, quick question for y'all. As I understand it, the next employment figures should be release on the 7th. Does this mean they're likely to have remained flat? I'd assume so, of course, but I'm a bit suspicious of many government reports, so I don't know how these are connected the upcoming figures. Two different departments looking at the same thing will probably be giving out different answers.
--"There's no money in it. "
Well, if you handled it right there could be. There are a fair number of net-only news sites that seem to manage. I'm not sure how; ad-revenue isn't particularly high any more. You could always go the subscription method, though.
--"A substantial increase was expected to begin with; and"
Didn't they mention that part in the article? ^_^
Wraith
This life is a test - it is only a test. If it had been an actual life, you would have received further instructions on where to go and what to do
Well, as a Swede and a egoist I do hope this improvement in the US economy will help up swedish exports. Doesn't seem like those europeans will do any good in that aspect any time soon.
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