In response to:

Seeing All News in the Right Light

drrisk2 Wrote: Feb 05, 2013 7:36 PM
"If the rate dips from here have more than eight million people drop out of the labor market, then we would be in a real depression and back to the 1970s." What rubbish! There was no depression in the 1970s. Buy a history book, and read it instead of using it for a doorstop.
ReddestNeck Wrote: Feb 05, 2013 8:00 PM
Even better how about you stop using your computer for your doorstop and google up Stagflation?
Et Tu Punxsutawney Phil! Last week there were numerous opportunities for the stock market to pop on great economic news. That news never materialized, yet the market still edged higher. Simply put, the fix was in for a giant week that could have seen a new all-time high for the Dow Jones Industrial Average. I worry about the sanguine feel of the week.

My biggest beef is with the media, particularly media that covers the market. It is problematic to hear people that know better shower each piece of economic data with accolades that used to have to be earned with truly...
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