http://www.democraticunderground.com http://blogs.law.harvard.edu/tech/rss Sun, 22 Nov 2009 05:33:05 Sun, 22 Nov 2009 05:33:05 [link:www.bea.gov/newsreleases/national/gdp/2009/pdf/gdp2q09_adv.pdf|Today's GDP report] certainly shows there's been no "recession" in creativity at the BEA. In fact, their creative geniuses are in top form, demonstrated abundantly in the calculation of 2nd quarter GDP.

The reported GDP decreas... http://journals.democraticunderground.com/unlawflcombatnt/27 Fri, 31 Jul 2009 23:32:22 [b]Tariffs:The Smoot-Hawley Tariff Fairy Tale[/b]

Once again, it's necessary to debunk the Globalist fairy tales about the "damage" caused by the Smoot-Hawley Tariff. Below is a copy of U.S. GDP from 1929 through 1939. These are official government figures from the [link:www.bea.gov/bea/dn/nipawe... http://journals.democraticunderground.com/unlawflcombatnt/26 Sun, 23 Nov 2008 14:33:21 ... http://journals.democraticunderground.com/unlawflcombatnt/25 Tue, 29 May 2007 19:39:00 Blackwater has been discussed in other threads on this board. I'm posting this subject again so it doesn't die out. Private contractors, who are accountable to no one, are essentially Bush's own Brown Shirts. Their shear number makes them of great concern to many people.

Blackwater is the bigges... http://journals.democraticunderground.com/unlawflcombatnt/24 Mon, 02 Apr 2007 14:42:33 Once again, [link:data.bls.gov/PDQ/servlet/SurveyOutputServlet?&series_id=CES0500000049&series_id=CES0500000051
|real wages] are stagnating. Real weekly wages have generally been declining since October of 2006. February's $281.61/week wages (in 1982 dollars) are $1.00 less than October's $282.61/w... http://journals.democraticunderground.com/unlawflcombatnt/23 Sat, 17 Mar 2007 17:10:31 The amount of taxpayers' money going into the pockets of private contractors has simply exploded under the Bush Corporatocracy. In 2000, taxpayers paid federal contractors $207 billion dollars. Thanks to Bush's "No-Contractor-Left-Behind" policy, $400 billion of Corporate Welfare was going into cont... http://journals.democraticunderground.com/unlawflcombatnt/22 Wed, 07 Feb 2007 18:28:57 Construction Spending for November declined again, for the 7th straight month. This is illustrate below in the bar graph from Briefing.com

http://www.briefing.com/Common/Images/Content/PageContent/EcData/nomconst.gif

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**[b]The annualized rate of ... http://journals.democraticunderground.com/unlawflcombatnt/21 Wed, 03 Jan 2007 18:47:31 Today's Industrial Production "increase" of 0.2% is another example of the Federal Reserve manipulating statistics to make currently published figures appear "good" or "improved." From the Fed's own publication of Industrial Production figures taken from 10/30/06, [b]the "Gross Value of Final Produc... http://journals.democraticunderground.com/unlawflcombatnt/20 Fri, 15 Dec 2006 20:19:09 On Friday, December 8th, the House of Representatives passed H.R. 6406, by a [link:projects.washingtonpost.com/congress/109/house/2/votes/539/|vote of 212-184] This bill allows for "normalization" of trade with Vietnam.

This new "permanent normalization of trade relations" (PNTR) with Vietnam is ... http://journals.democraticunderground.com/unlawflcombatnt/18 Sun, 10 Dec 2006 20:29:05 ... http://journals.democraticunderground.com/unlawflcombatnt/19 Sun, 03 Dec 2006 17:47:19 Today's Leading Indicator report, which is considered a broad overview of the direction of our economy, was reported as increasing + 0.2%, slightly below the expected +0.3% predicted. A review of how today's total was calculated, reveals much cause for concern. Many important indexes declined. Many ... http://journals.democraticunderground.com/unlawflcombatnt/16 Mon, 20 Nov 2006 17:05:52 Once again the Federal Reserve has altered previously posted statistics in a less favorable direction. This time they've revised previously posted statistics for Consumer Credit. This increases the total outstanding consumer credit $158 billion, as of June 2006. The initially posted June 2006 consum... http://journals.democraticunderground.com/unlawflcombatnt/15 Sat, 16 Sep 2006 13:59:36 [b]Retail Sales: Harbinger of Recession?[/b]

The total nominal increase in July 2006 Retail Sales of $368.405 billion was 3.9% from July 2005's $354.414 billion. However, adjusting for inflation using the Bureau of Labor Statistics Consumer Price Index increase of 4.3%, this reduces the "real" Re... http://journals.democraticunderground.com/unlawflcombatnt/14 Fri, 11 Aug 2006 18:15:56 The Housing Bubble deflation continues to gather speed. Both New and Existing Home Sales are declining. Home mortgage applications are declining. Price appreciation has come to a complete stop. In fact, prices are falling in many places. Inventories of unsold New and Existing homes have increased dr... http://journals.democraticunderground.com/unlawflcombatnt/13 Thu, 03 Aug 2006 19:18:03 Today's GDP report indicates further slowing of the U.S. economy. The 2.5% second quarter GDP growth was less than the 3.0% predicted. In addition, even the 2.5% increase overstates the economy's strength. Final Sales of GDP, which many consider a better indicator of the economy, increased only 2.1%... http://journals.democraticunderground.com/unlawflcombatnt/12 Fri, 28 Jul 2006 22:20:26 The US-Oman Free Trade Pact passed the House by a 221-205 margin. There were 22 slime-ball Democrats who voted for it, and thus voted against their constituents, middle class Americans and working Americans. Given that the margin of victory was only 16 votes, these turncoat Democrats turned the tide... http://journals.democraticunderground.com/unlawflcombatnt/11 Fri, 21 Jul 2006 19:54:58 Below is a CRS Summary and link to H.R. 98. (Which has [b]not[/b] passed into law, but is still under consideration.) In general, it mandates that employers verify Social Security numbers using a new, tamper-proof Social Security card with an electronic identification strip on it. Verification is ma... http://journals.democraticunderground.com/unlawflcombatnt/10 Thu, 06 Jul 2006 14:51:27 Today's New Home Sales report showed an increase in the annualized sales rate for May over April. However, the overall trend is downward. The annualized New Home Sale rate has been less for each month of 2006 compared to the same month one year earlier. February 2006's annualized rate of 1.038 milli... http://journals.democraticunderground.com/unlawflcombatnt/9 Tue, 27 Jun 2006 03:30:19 The last 2 days' economic calendar have provided strong and consistent evidence that the economy is slowing markedly. As usual, the government overestimated almost every category prior to the release of the actual numbers. The preliminary estimate for Construction Spending had been for an increase o... http://journals.democraticunderground.com/unlawflcombatnt/8 Fri, 02 Jun 2006 19:26:43 Great description and text. Say believed that "supply created demand." That was actually the foundation of classical economics.

Today's supply-siders have concocted a theory using the Laffer curve. But it's really just myth designed to justify tax cuts for the rich. Supposedly increasing capital... http://journals.democraticunderground.com/unlawflcombatnt/7 Wed, 31 May 2006 04:44:15 According to the Thomas CRS summary, all illegals here over 5 years are granted immediate [b]amnesty[/b]. According to Heritage, that applies to 60% of those already here. This isn't even "earned" amnesty, it's just flat-out, unadulterated AMNESTY. Amnesty for breaking the laws of land.

Below is... http://journals.democraticunderground.com/unlawflcombatnt/6 Fri, 19 May 2006 19:55:46 As you can see from the numbers posted, this years March to April decline was [b]much[/b] larger than last year's March to April decline. This years decline was $11.4 billion, last year's was only a $3 billion decline. This year's decline was MUCH greater than last year's.

Furthermore, it is simp... http://journals.democraticunderground.com/unlawflcombatnt/5 Thu, 11 May 2006 18:47:52 The biggest problem created by uncontrolled illegal immigration is wage suppression. According to economics professor George Borjas, immigration reduces the average annual earnings of U.S.-born men by an estimated $1,700, or roughly 4%. (See Yahoo News story: [link:news.yahoo.com/s/ap/20060404/ap_on... http://journals.democraticunderground.com/unlawflcombatnt/2 Tue, 04 Apr 2006 16:22:38 Today's final 4th quarter 2005 GDP report came in showing a 1.7% annualized growth rate for the quarter. Though this decline is concerning, the actual breakdown of contributions is even more concerning. The total increase in GDP during the 4th quarter was only $46 billion in chained 2000 dollars. (i... http://journals.democraticunderground.com/unlawflcombatnt/3 Thu, 30 Mar 2006 17:49:34 No one will, and no one should.

If Americans won't work those hours for the pay employers are willing to pay, then the employers need to raise the pay. It's that simple.

If a job is too undesirable at a given wage, then raise the wages. That's what "market" forces are all about. If you can't ... http://journals.democraticunderground.com/unlawflcombatnt/1 Wed, 29 Mar 2006 17:51:11