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      01-24-2007, 04:52 PM   #21
Major General

Drives: F80
Join Date: Jul 2006
Location: Dallas, TX

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Originally Posted by ganeil View Post
Since 1996 the highest the unemployment rate has been is 6.3% in June 2003.

I neither gave credit to the President nor did I assign him blame, I simply responded to the assertion that the state of the nation is in the crapper.

Comparing apples to oranges.

GDP (PPP) per capita:

USA - $41,399
PRC - $7,198
Russia - $11,041
India - $3,320

If you are not invested in the stock market than you are an economic idiot. If you are invested in the stock market and not diversified, you are a bigger economic idiot.

Again, the state of the union is NOT in the crapper.
I did not say it was...

Again, I did not say you could end up loosing ALL of your money (if diversified), but still could loose a big chunk, and after that be NET worth less than if you were not invested at all...(lets say 20% in ENRON) and your gains are <20% otherwise...

As for apples and oranges...maybe in your Math, but "faster growth" usually applies in %, not in ammounts, therefore....

You're correct about the unemployment rate...I was looking at the 1992 previously.