State of the Union Address

[325 Baller]

Its on now, I was recently in DC on an Advocacy trip and went and sat in there and the supreme court, but thats another story. Hopefully you all will be watching. Mark my words everyone, I will be up there one day!

[Driv3r]

hopefully youll make desicions on the populations behalf, and not become corrupted and a puppet for corporations...

[325 Baller]

Who knows its too early to tell, haha jk. When im campaigning ill throw a little shout out to e90/f? post to say hi to you guys.

[NaTuReB0Y]

Originally Posted by 325 Baller

Its on now, I was recently in DC on an Advocacy trip and went and sat in there and the supreme court, but thats another story. Hopefully you all will be watching. Mark my words everyone, I will be up there one day!

make sure your intern is hotter than monica lewinsky.....hahaha!

[Call]

Originally Posted by Driv3r

hopefully youll make desicions on the populations behalf, and not become corrupted and a puppet for corporations...

Damn Democrats! But nothing is really different with them. They've been corrupt puppets since heck was a pup...but then I digress

Maybe they should take over the United Nations...they would feel right at home.

Call

[325 Baller]

Well I wont say which way I vote, but ill put it this way. GO BUSH lol =p

[Driv3r]

Originally Posted by 325 Baller

Well I wont say which way I vote, but ill put it this way. GO BUSH lol =p

i hope you were sarcastic......

[325 Baller]

Yes I was, im republican but there are some things he believes in that i dont.

[NaTuReB0Y]

Bush has wasted more $$$$$ than ALL the previous presidents combine!

It's gonna take my kids lifetime to bring back the country to a surplus......

enough said.....

[ScheerSpeed]

i know! great depression # 2 here we come!

[Driv3r]

Originally Posted by NaTuReB0Y

Bush has wasted more $$$$$ than ALL the previous presidents combine!

It's gonna take my kids lifetime to bring back the country to a surplus......

enough said.....

Thats just one of the problems......the other is that he is a complete moron and a puppet for corporations...

[ScheerSpeed]

state of the union= in the crapper

historical fact- i was watching modern marvels on the history channel tongiht, and the guy who invented the modern toilet's last name was Crapper!!!!

[ganeil]

Originally Posted by ScheerSpeed

state of the union= in the crapper

Unemployment Rate At 4.5 Percent

Inflation Rate 3.5%

Real Wages Up 2.5% Over The Past 12 Months

Real After-Tax Income Per Person Up 9.6% Since 2001

Faster GDP Growth Than Any Other G-7 Industrialized Nation Over The Past Four Quarters

Highest Home Ownership Rate Ever Recorded

60% of American Families Invested in Stock Market

S&P 500 and DJIA At or Near Record Highs

No Terrorist Attacks on US Soil Since 9/11/01



I guess you are right, this really sucks.

[drF80]

Originally Posted by ganeil

Unemployment Rate At 4.5 Percent

Inflation Rate 3.5%

Real Wages Up 2.5% Over The Past 12 Months

Real After-Tax Income Per Person Up 9.6% Since 2001

Faster GDP Growth Than Any Other G-7 Industrialized Nation Over The Past Four Quarters

Highest Home Ownership Rate Ever Recorded

60% of American Families Invested in Stock Market

S&P 500 and DJIA At or Near Record Highs

No Terrorist Attacks on US Soil Since 9/11/01



I guess you are right, this really sucks.

Damn...I wish he could do the third term...

[ganeil]

Originally Posted by dr325i

Damn...I wish he could do the third term...

If 8 years was enough for Washington, it is enough for any President. (Wish FDR had thought so)

[SoYank]

The longest one person can hold the office of the President of the United States is just under ten years. See Amendment XXII, ratified February 27, 1951.

[Driv3r]

Originally Posted by ganeil

Unemployment Rate At 4.5 Percent

Inflation Rate 3.5%

Real Wages Up 2.5% Over The Past 12 Months

Real After-Tax Income Per Person Up 9.6% Since 2001

Faster GDP Growth Than Any Other G-7 Industrialized Nation Over The Past Four Quarters

Highest Home Ownership Rate Ever Recorded

60% of American Families Invested in Stock Market

S&P 500 and DJIA At or Near Record Highs

No Terrorist Attacks on US Soil Since 9/11/01



I guess you are right, this really sucks.

wish i had the exact figures, but right now everyone is in debt, and they dont know why

[drF80]

Originally Posted by ganeil

Unemployment Rate At 4.5 Percent

Was as high as 8% in last 6 years. Still higher than in 1999, but good. You cannot blame GWB for the economy downturn as you cannot cheer him for the low unemployment rate -- cyclical...

Originally Posted by ganeil

Inflation Rate 3.5%

Same over last 10 years...which is good

Real Wages Up 2.5% Over The Past 12 Months

Real After-Tax Income Per Person Up 9.6% Since 2001

Originally Posted by ganeil

Faster GDP Growth Than Any Other G-7 Industrialized Nation Over The Past Four Quarters

True. Our average GDP growth over past 12 months was just over 3%. But who cares about G7. Look at China, Russia, India... (10.7, 6.1 and 8.4% respectively)

Originally Posted by ganeil

Highest Home Ownership Rate Ever Recorded

At the highest DEBT ratio ever. And a lot of those are ARM or Interest only...

[quote=ganeil]60% of American Families Invested in Stock Market

S&P 500 and DJIA At or Near Record Highs

No Terrorist Attacks on US Soil Since 9/11/01



I guess you are right, this really sucks.[quote=ganeil]

Being Invested in the stock market is not necessarily a good thing -- ask Enron people...

It is definitely better that most places (for now), but far from where is could be...

[ganeil]

Originally Posted by Driv3r

wish i had the exact figures, but right now everyone is in debt, and they dont know why

Are you saying that going into debt to buy a house is a bad thing?

[ganeil]

Originally Posted by dr325i

Was as high as 8% in last 6 years. Still higher than in 1999, but good. You cannot blame GWB for the economy downturn as you cannot cheer him for the low unemployment rate -- cyclical...

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.

True. Our average GDP growth over past 12 months was just over 3%. But who cares about G7. Look at China, Russia, India... (10.7, 6.1 and 8.4% respectively)

Comparing apples to oranges.

GDP (PPP) per capita:

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

Being Invested in the stock market is not necessarily a good thing -- ask Enron people...

It is definitely better that most places (for now), but far from where is could be...

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.

[drF80]

Originally Posted by ganeil

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.

[325 Baller]

Thank you ganeil, I didnt have time to put these facts together, but I personally think the most important thing here is "No terrorist attacks on US Soil since 9/11." Everyone says this war is unjust, the GWB blows he cant find his way out of a paper bag, but obviously he is doing something right. Taking out Sadam and preventing attacks on our country mean nothing right? Its not worth fighting any more people. We are entitled to our opinions and thats basically all these are. Just remember, 2040, thats the big year for me!