Comments on: Unemployment Truth http://www.economyguy.com/unemployment-truth/ Economic News For Everybody....by Tom Harvey and Cyrus Uible Mon, 06 Feb 2012 20:08:23 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Tom Harvey http://www.economyguy.com/unemployment-truth/comment-page-1/#comment-967 Tom Harvey Wed, 15 Jul 2009 15:32:09 +0000 http://www.economyguy.com/unemployment-truth/#comment-967 Hi Dave, Thanks for the input. Your comment about the average citizen not talking about the economy is interesting, and troubling. If a person has a job, or money, he/she isn't affected by the economy right now. Only the poor soul who's not working, but has to pay bills is caught up in the bind. Tom Hi Dave,

Thanks for the input. Your comment about the average citizen not talking about the economy is interesting, and troubling.

If a person has a job, or money, he/she isn’t affected by the economy right now. Only the poor soul who’s not working, but has to pay bills is caught up in the bind.

Tom

]]> By: David http://www.economyguy.com/unemployment-truth/comment-page-1/#comment-966 David Wed, 15 Jul 2009 04:33:36 +0000 http://www.economyguy.com/unemployment-truth/#comment-966 Everything under the paragraph "Unemployment – the truth" is why we are in deflation. Nothing on that list is inflationary. So for at least in the short run we can debate inflation/deflation but we are clearly in a deflationary environment at the movement. Also, if we look at Japan, after it's RE/stock bubbles burst in 1989, it has experienced 20 years of deflation. Why are we that much different? If the government/president says unemployment will creep up from 8%; consider that a floor and reality to be much worse. I was out walking around San Francisco all day today and I saw nothing that would indicate we are in a recession. In fact I heard nothing either from the casual conversations on the street. Very interesting. Everything under the paragraph “Unemployment – the truth” is why we are in deflation. Nothing on that list is inflationary. So for at least in the short run we can debate inflation/deflation but we are clearly in a deflationary environment at the movement. Also, if we look at Japan, after it’s RE/stock bubbles burst in 1989, it has experienced 20 years of deflation. Why are we that much different?

If the government/president says unemployment will creep up from 8%; consider that a floor and reality to be much worse.

I was out walking around San Francisco all day today and I saw nothing that would indicate we are in a recession. In fact I heard nothing either from the casual conversations on the street. Very interesting.

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