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In reply to the discussion: Obama is in a mess! [View all]
 
33. The economy has not recovered one iota.
Fri Aug 17, 2012, 07:54 PM
Aug 2012

Forget about buzzwords and especially fictional descriptions. A "jobless recovery" is not an economic recovery. I am an investor and there is only one item you honestly need to watch, no joke it is that simple. The price of gold is the measuring stick for the global/U.S. economy status. The price of gold is STILL hovering around $1,575 to well over $1,600 an ounce. This is a big concern to investors, this means that investors, both domestic and foreign would rather dump their commodity investments into an inflated gold price rather than real estate and commercial bonds. Until this figure drops down to or below $667 dollars an ounce the economy is primed for an inevitable crash/correction. The adjusted and realistic price should be $450 an ounce, but the dollar has lost an incredible amount of value. Has anyone noticed that the Canadian dollar is equal to or greater than the value of the U.S. dollar. This is alarming, Canada has done nothing to increase it's value, this is all AA rating/deficit related. Canada has always (on a good day) been assumed to be between 25% AND 30% below the value of the USD.

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Obama is in a mess! [View all] DippyDem Aug 2012 OP
You lost me at "recession is over". Many are still out of work. n/t gkhouston Aug 2012 #1
While I agree (to a point), it takes a lot longer to fix the economy than it does to blow it up. nt DCKit Aug 2012 #2
I agree, but saying "recession is over" makes it sound like "problem solved". "Recession ending, gkhouston Aug 2012 #6
but recession is a real word, veganlush Aug 2012 #14
I'm aware of the definition of "recession". Here's the thing: people care about jobs, not GDP. gkhouston Aug 2012 #24
If We Want To Avoid The Pain Of Recovery, We Need To Quit Electing The Asshats That Cause Recessions mikekohr Aug 2012 #52
Recession=Job market going down. We are in slow recovery. DippyDem Aug 2012 #3
Today BlueinOhio Aug 2012 #25
When they say consumer buying is up, I wonder who it is. Although I live in a relatively prosperous freshwest Aug 2012 #40
What if they had done this with Repubican support? We'd be out of this and AllyCat Aug 2012 #43
Not love from the GOP BrainMann1 Aug 2012 #47
Hey, "Brain", FatIrishBastard Aug 2012 #50
Woops...."Ally" FatIrishBastard Aug 2012 #51
Huh? It was speculation on my part for the fantasy of "What would have happened if they had worked AllyCat Aug 2012 #59
That's true.. sendero Aug 2012 #31
Many have always, in any year, been out of work. But our economy is recovering pnwmom Aug 2012 #4
"Recession" is a technical term with a specific meaning alcibiades_mystery Aug 2012 #5
I'm acquainted with the specific definition, but telling someone "hey, the economy's recovered" gkhouston Aug 2012 #7
Yes it is.. sendero Aug 2012 #32
4 million private sector jobs created is a recovery by any definition bhikkhu Aug 2012 #37
When 17% of the would-be-working population... sendero Aug 2012 #46
Who is playing word games? bhikkhu Aug 2012 #58
A recession is a fixed formula. JohnnyRingo Aug 2012 #35
Here in Wisconsin, that is also the case, but we have idiot Scott Walker to blame for that AllyCat Aug 2012 #42
I admit it... You got me! n/t Raine1967 Aug 2012 #8
Nice summary of Obama's first term PatSeg Aug 2012 #9
Brilliant LittleGirl Aug 2012 #10
K&R Tarheel_Dem Aug 2012 #11
Post removed Post removed Aug 2012 #12
And you do not undertsand the meaning of the term, or the technical economic statistics Ikonoklast Aug 2012 #13
It's not Obama saying this. justgamma Aug 2012 #15
A Friend Posted This On His Facebook Page And Got This Pathetic RW Response ChoppinBroccoli Aug 2012 #16
But it has Truthyness maxsolomon Aug 2012 #26
Two freaking words.. Cha Aug 2012 #29
So he posts a weak least of problems Proles Aug 2012 #30
tell them to just go away rockingirl Aug 2012 #41
3 wars? Laura PourMeADrink Aug 2012 #48
So much to refute? Most of this is true, isn't it? Except where'd they get 3 wars? Laura PourMeADrink Aug 2012 #49
Oh well I guess the entire world began on 1/20/09 treestar Aug 2012 #54
I remember Gas $4.39 pg and Diesel $4.99 pg B Calm Aug 2012 #56
I drive a truck for a living and remember B Calm Aug 2012 #57
Bloody hell. cloudbase Aug 2012 #17
Good, but I'd remove the $ from the DJIA. n/t Qutzupalotl Aug 2012 #18
There is still much to do. Stewland Aug 2012 #19
re:Obama is in a mess! allan01 Aug 2012 #20
While I think he's moving us in the right direction.. davidthegnome Aug 2012 #21
The recession is over? Bertha Venation Aug 2012 #22
Everyone who knows what a recession is. maxsolomon Aug 2012 #27
Sorry for the stupid question, but is there some way I can copy or dowload this JDPriestly Aug 2012 #23
right click on the image maxsolomon Aug 2012 #28
The economy has not recovered one iota. Did I Just Type This Aug 2012 #33
Maybe true, but justgamma Aug 2012 #39
Wrong reply. Please disregard JohnnyRingo Aug 2012 #34
Republicans cause depressions. iamthebandfanman Aug 2012 #36
Hard to argue against Obama. Loge23 Aug 2012 #38
The DJIA isn't rated in $ is it? Aren't they points? SleeplessinSoCal Aug 2012 #44
The only ones with the balls B Calm Aug 2012 #45
#s 1, 2, and 4 LWolf Aug 2012 #53
Actually the DOW was in the 7,000 point range B Calm Aug 2012 #55
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