United Swamped With Flight Attendant Applications

wrote:

What planet do you live on? Unemployment is extremely high in the US.
The economy is sluggish, at best. The US has incurred a series of
staggering trade deficits, war debts, etc.


Clearly not the same planet you live on. On my planet, US unemployment is
staying right around 5%, pretty much the historical norm through presidents of
either persusion.

http://www.bls.gov/news.release/empsit.nr0.htm

The economy is sluggish at best? On my planet, the Gross Domestic Product just
increased by almost 4% in the third quarter, and that includes the spike in fuel
prices (which are now falling):

http://www.bea.doc.gov/bea/newsrel/gdpnewsrelease.htm


You're just plain wrong.


Perhaps you might consider reading publications that provides facts and analysis
rather than rote ideology?

wrote:
On 17 Nov 2005 22:06:41 -0800, "Tchiowa" wrote:


PI wrote:
snip
This directly contradicts the generally-held, but naive belief that the
American economy is doing well.

That's a rather wildly absurd statement, don't you think? The fact that
airlines are in trouble and that a lot of people are applying for jobs
doesn't have anything to do with the overall state of the economy.

Unemployment is down (well below historical averages). Growth is good
and steady (and sustainable rather than being a bubble). Companies are
profitable.

I'm not sure how you call that a "naive belief".

What planet do you live on? Unemployment is extremely high in the US.

No it's not. It's less than 5%. Historical average is about 5 1/2%. In
France and Germany it's close to 10%. Unemployment is average to low in
the US.

The economy is sluggish, at best.

Growth has been consistently in the high 3+% range (3.5-3.9) for
several years. Again, slightly better than average. And certainly
better than the +10% one year followed by -5% the next which is what
happens in a bubble.

Again, US growth is twice (or better) greater than most other 1st world
countries.

The US has incurred a series of
staggering trade deficits, war debts, etc.

Actually the current debt is lower than it was 15 or so years ago
(based on constant dollars). The current budget deficit is (once again)
about average taken as a percent of GDP.

You're just plain wrong.

And you've been listening to too many Michael Moore rants.

Six years ago, at this level of "unemployment", my
Fortune 500 firm was paying retention bonuses to
the engineering staff. Now, it's "Survivor" ...

gld

wrote:


What planet do you live on? Unemployment is extremely high in the US.
The economy is sluggish, at best. The US has incurred a series of
staggering trade deficits, war debts, etc.

Actually, the EMployment rate is a more ambiguouse
measure ... and the US is in the middle of the pack.

The stock market has been trading sideways for 5 years.

The national debt has burst over $8 Trillion.

The US debt-to-GDP is about to jump over that of France
and Germany, with only Japan and Italy in the G7 higher.
)-;

gld

Gary L. Dare wrote:
wrote:


What planet do you live on? Unemployment is extremely high in the US.
The economy is sluggish, at best. The US has incurred a series of
staggering trade deficits, war debts, etc.

Actually, the EMployment rate is a more ambiguouse
measure ... and the US is in the middle of the pack.

The stock market has been trading sideways for 5 years.

??? Which stock market? The Dow Jones has gone up roughly 38% in 3
years (July, 2002 it was at 7702, now it's over 10,600).

The national debt has burst over $8 Trillion.

Which as a percent to GDP isn't all that bad.

The US debt-to-GDP is about to jump over that of France
and Germany, with only Japan and Italy in the G7 higher.

??? The US debt-to-GDP *was* above France and Germany. The US debt rate
is now below France and Germany and dropping while the French and
German rates are rising.

You've been watching too much Michael Moore... get into the real world.

wrote in message
...
On 17 Nov 2005 22:06:41 -0800, "Tchiowa" wrote:



What planet do you live on? Unemployment is extremely high in the US.
The economy is sluggish, at best. The US has incurred a series of
staggering trade deficits, war debts, etc.

You're just plain wrong.

Tchiowa wrote:


??? Which stock market? The Dow Jones has gone up roughly 38% in 3
years (July, 2002 it was at 7702, now it's over 10,600).

And where was it in July 2001? July 2000? Most
of us who have been in the market for longer than
five years are just trying to recover.

The national debt has burst over $8 Trillion.


Which as a percent to GDP isn't all that bad.


The US debt-to-GDP is about to jump over that of France
and Germany, with only Japan and Italy in the G7 higher.


??? The US debt-to-GDP *was* above France and Germany. The US debt rate
is now below France and Germany and dropping while the French and
German rates are rising.


This just happened and there's no guarantee
of a trend (for the US, nevermind France or
Germany). That it is even at 64.5% when it
was under 50% not that long ago is the worry.

http://www.econotarian.org/1128066556/index_html

gld

Gary L. Dare wrote:
Tchiowa wrote:


??? Which stock market? The Dow Jones has gone up roughly 38% in 3
years (July, 2002 it was at 7702, now it's over 10,600).

And where was it in July 2001? July 2000? Most
of us who have been in the market for longer than
five years are just trying to recover.

So what? How many things can you get wrong at one time?

First, the claim was that the economy was bad. We went through a
recession in 2001 and the market went down. The fact that it has gone
up 38% in the past 3 years is an indicator that the economy is good
*NOW*. Do you understand that?

Further, those of us who have been in the stock market more than 5
years are doing just fine, thank you. The market went down in 2000 and
2001 but it had gone up in previous years during the bubble. Overall
for the last 15 years or so it has been increasing at it's typical
8-10% rate.

The US debt-to-GDP is about to jump over that of France
and Germany, with only Japan and Italy in the G7 higher.

??? The US debt-to-GDP *was* above France and Germany. The US debt rate
is now below France and Germany and dropping while the French and
German rates are rising.

This just happened

That's right!!! The economy is good now whereas it was bad 4 years ago.
Which pretty much disproves your premise.

and there's no guarantee of a trend (for the US, nevermind France or
Germany). That it is even at 64.5% when it was under 50% not that long ago is the
worry.

Of course there are no guarantees. The economy could turn bad. But you
tried to say that the economy is bad *NOW* and it simply isn't.

Quit reading MoveOn.org and pay attention to reality.

On Sat, 19 Nov 2005 23:00:13 -0800, "Gary L. Dare"
wrote:

Tchiowa wrote:


??? Which stock market? The Dow Jones has gone up roughly 38% in 3
years (July, 2002 it was at 7702, now it's over 10,600).

And where was it in July 2001? July 2000? Most
of us who have been in the market for longer than
five years are just trying to recover.

The national debt has burst over $8 Trillion.


Which as a percent to GDP isn't all that bad.


The US debt-to-GDP is about to jump over that of France
and Germany, with only Japan and Italy in the G7 higher.


??? The US debt-to-GDP *was* above France and Germany. The US debt rate
is now below France and Germany and dropping while the French and
German rates are rising.


This just happened and there's no guarantee
of a trend (for the US, nevermind France or
Germany). That it is even at 64.5% when it
was under 50% not that long ago is the worry.

http://www.econotarian.org/1128066556/index_html

gld

Your reference is to a September article.

It is now almost the end of November.

Can't you quote more recent figures?

john wrote:

Your reference is to a September article.

It is now almost the end of November.

Can't you quote more recent figures?

You can't get more recent than October 2005
since today is November 20 as I post ... so
I did your Google search for you ...

http://www.optimist123.com/optimist/...05_gdp_na.html

Good news: it didn't go up. Bad news: it didn't go down.

Still, one must wonder about the 20 percentage-point
run-up over the past five years.

Getting back to the original posting title,
with all the people who "left" the workforce,
we are seeing mass applications for positions
like the UA FA's when the last time we had 5%
unemployment, your phone was ringing from head-
hunters.

gld