Quote Originally Posted by Euclid440 View Post
So I heard one of the Presidents talking heads say it is a “Jobless recovery”. What does that mean? Is that like powdered water, just add water and you have… water.

The only thing recovering is the stock market because we’re pumping money into it.

Did you know? FHA announced on August 15, 2013 that you may only need to wait one year to be able to buy again under the FHA’s Back to Work Program. FHA is willing to back loans for borrowers with as little as 3.50% down payment after having had a short sale, bankruptcy, or foreclosure.

We learned… Nothing, or are we buying votes?
GDP grows - but jobs aren't created.

Its like a factory that puts in cheap and efficient robots. The bottom line grows-they make more money, but contribute to the community less. Good for a co - bad for a nation.

America is very, VERY efficient! Good for GDP but bad for many living under said GDP. Eventually, if it gets too efficient and too many people are out of work, it all implodes. Who's going to buy all that stuff built so cheap?? That is unless the whole economy changes.. And that's not going to happen any time soon here.

Hope that helps??