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#Personal spending and income show "recovery" is limited to Wall Street
On Mon, 02 Nov 2009 14:26:30 -0600, "5265 Dead, 398 since 1/20/09"
wrote: On Mon, 02 Nov 2009 09:52:12 -0800, RHF wrote: On Nov 2, 2:21*am, Steve wrote: On Sun, 01 Nov 2009 22:29:35 -0600, "5265 Dead, 398 since 1/20/09" wrote: On Sun, 01 Nov 2009 18:57:37 -0800, MagneticEnergy wrote: What good are the numbers when they are distorted by government spending programs? *Claims that $4500 car rebates cost taxpayers $24K? *That's absurd. *Giving people $8K to buy a house, and that costs taxpayers $46K? *With that kind of "social spending" you could give away cars that cost less than $10K and liveable RV trailers that don't require financing? Those numbers are absurd, and I suspect someone pulled them out of their ass. - Actually, it was a study by Edmunds, - who seem to know plenty about automobile sales... He may know auto sales, but I came across one post today that showed he didn't understand statistics. The three billion dollar program generated some twenty billion in economic activity. Blah, blah, blah.... as if Jamieson knew anything about economic activity. The fat fool can't even support himself. -- Contrary to what liberals are whining, nobody owes you anything. |
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