Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Jobless Recovery

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
dodger2371 Donating Member (15 posts) Send PM | Profile | Ignore Sat Mar-20-04 10:27 PM
Original message
Jobless Recovery
I'm I seeing thing or is it true.

Seems to me the packages, at grocery stores are getting
smaller yet the price of the item isn't.  Is that really why
GDP is up while unemployment is high. 

Is that real productivity or a ripoff of the customer?

What do you think.

Dodger 2371
Printer Friendly | Permalink |  | Top
alcuno Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-20-04 10:32 PM
Response to Original message
1. Welcome to DU, dodger2371
I think that that has been a common practice for manufacturers for some time. I was listening to Moneytalk on the radio today and Bob Brinker was stating that the reason for the jump in the GDP during the third quarter of last year (I think it was 8%)had much to do with the tax cuts that went into effect at that time.
Printer Friendly | Permalink |  | Top
 
SendTheGOPPacking Donating Member (227 posts) Send PM | Profile | Ignore Sat Mar-20-04 10:32 PM
Response to Original message
2. I'm not sure I understand your question.
How does same price but smaller package but high unemployment tie in with jobless recovery?
Printer Friendly | Permalink |  | Top
 
whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-20-04 10:53 PM
Response to Reply #2
6. I would say in the same way that Bush claims his tax cuts...
...are creating new jobs. Whatever Dubya says, makes absolutely no sense. He says the economy has bounced back, well for who has the economy bounced back? Wall Street, drug companies, insurance companies, military and weapons companies, the very rich and of course Haliburton. Most other folks still struggle and fear for their jobs. It's Bushit, pure and simple:hurts:
Printer Friendly | Permalink |  | Top
 
linazelle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-20-04 10:36 PM
Response to Original message
3. Listened to a financial guy on RW radio today (Bob Brinker)
Edited on Sat Mar-20-04 10:42 PM by linazelle
His take on inflation is that it's only up by 1% but they're not counting the two biggest factors--food (up 3.3%) and gas. He also said the formula they are using to report inflation results in a figure putting housing price increases at about a 2% inflation rate. This fan of Bush said that he is sure housing has gone up much much higher than that and he added that if they are understating housing increases, then the total report is likely understated. He added that this works out good for BushCo though, because they make entitlement payment increases (ie., medicare and social security) based on these reports and if they stay the low the government spends less. Hmmmmmmm
Printer Friendly | Permalink |  | Top
 
holeinboatoutatsea Donating Member (417 posts) Send PM | Profile | Ignore Sat Mar-20-04 10:41 PM
Response to Original message
4. A jobless recovery
is like a 96 year old lusting after a 27 year old. One can think about it all they want, but sex ain't gonna happen.
Printer Friendly | Permalink |  | Top
 
whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-20-04 10:46 PM
Response to Original message
5. That's right doger...
...a one pound can of coffee now sells for $5.98 and all you get is 10.5oz of coffee:wtf: WMDs (weapons of mass deception)
Printer Friendly | Permalink |  | Top
 
Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-20-04 11:26 PM
Response to Original message
7. Jobloss recovery too, and temporary (no need to mention peak oil either)
For some products, they do seem to shrink in size.

Others don't. Not yet anyway.

If you don't buy name brand stuff (go generic or store-brand), this sort of robbery is less likely to occur. From what I've seen so far.

But expect things to get more expensive soon... inflation, housing bubble burst, outsourcing bubble bursts (it's hard to maintain an economy when you switch the tax burden from the rich to the middle class WHILE taking away middle class jobs and giving them overseas)... another war, which will happen if * stays in power... there are lots of other reasons...

And the sad part is, and I don't even need to mention peak oil... :scared: )
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu May 02nd 2024, 02:16 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC