Political Ideas To Ponder... - P2P-Zone

Mazer · 09-11-06, 10:43 AM

Do you remember the recession that began in 1999? It ended in 2001 and the economy has progressed strongly since then. The Dow is now at its all-time high, above 12,100 points; four years ago it was in the 8,000 range. That's a 4-year, 50% increase for that part of the economy (hint: that's frickin huge). During the same period unemployment rates have stayed below 6%, now at 4.4%. Gas prices have been high, but at the moment they're lower than they have been in more than two years, and crude has dropped to about $60 a barrel. Are you skeptical of the data, Malk, or are your standards just too high?

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09-11-06, 10:43 AM	#15
Mazer Earthbound misfit Join Date: May 2001 Location: Moses Lake, Washington Posts: 2,563	Do you remember the recession that began in 1999? It ended in 2001 and the economy has progressed strongly since then. The Dow is now at its all-time high, above 12,100 points; four years ago it was in the 8,000 range. That's a 4-year, 50% increase for that part of the economy (hint: that's frickin huge). During the same period unemployment rates have stayed below 6%, now at 4.4%. Gas prices have been high, but at the moment they're lower than they have been in more than two years, and crude has dropped to about $60 a barrel. Are you skeptical of the data, Malk, or are your standards just too high?