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08-24-2015, 09:18 AM
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#15
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Senior Member
Fleetwood Owners Club
Join Date: May 2011
Location: Southwest
Posts: 1,549
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Quote:
Originally Posted by ga traveler
We never really had a recovery. The news people love this president and have covered for him. There are more people unemployed in this country than ever in history. The jobs that are being filled are low level, low paying jobs. The worst is yet to come.
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Looks like we had a pretty good recovery, actually:
When "this president" took office on Jan. 20, 2009, the Dow Jones was at 7,949.09.
As to jobs, here's a reference for you:
http://www.factcheck.org/2015/01/oba...y-2015-update/
The economy has now gained nearly five times more jobs under "this president" than it did during the presidency of George W. Bush, and the unemployment rate has dropped to just below the historical average.
Certainly there are areas where improvement are needed, but it isn't as cataclysmic as may be suggested. As a journalism major and editor-in-chief of the university paper, I'm guessing it depends as to where you get your news that influences opinions.
__________________
Joe and Debbie, Emma the Aussie Cattle Dog who adopted us
2012 Discovery 36J, Blue Ox and Air Force One, 2010 GMC Acadia Toad
USAF (Ret) WDØM https://wd0m.com
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08-24-2015, 09:24 AM
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#16
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Senior Member
Fleetwood Owners Club iRV2 No Limits Club
Join Date: Sep 2012
Location: Rainbow Riding
Posts: 18,574
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Quote:
Originally Posted by ga traveler
We never really had a recovery. The news people love this president and have covered for him. There are more people unemployed in this country than ever in history. The jobs that are being filled are low level, low paying jobs. The worst is yet to come.
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This is what no recovery looks like. Fortunes have been made during this administration. Like it or not.
__________________
Steve & Annie (RVM2)
2008 Fleetwood Bounder 38F ~ 325 ISB Turbo ~ Freightliner XC 2014 CR-V ~ Invisibrake / Sterling All Terrain
Sioux Falls, SD (FullTime Since Nov 5th 2014)
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08-24-2015, 10:23 AM
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#17
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Moderator Emeritus
Jayco Owners Club RV Trip Wizard
Join Date: Oct 2009
Location: Poinciana FL
Posts: 7,781
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Let's steer away from politics please.
Thank you
__________________
Jay and Peggy Monroe
"Can't take it with you, not leaving any behind"
2024 Jayco White Hawk 26FK
2024 Ford Expedition
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08-24-2015, 11:42 AM
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#18
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Senior Member
Join Date: Apr 2015
Posts: 1,442
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Isn't this an RV site? Flag an Pago, your facts are accurate, however people, or should I say puppets, no longer care about facts. Let's get back to talking about RVs and why we love them.
__________________
2014 Raptor 300MP, 2014 Cowboy Cadillac - Ram 3500 Crew Cab Long Bed Longhorn 6.7 Cummins Turbo Diesel DRW 4.10 Rear End, 5588 Payload, Firestone Airbags, Curt Q20, TST507
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08-24-2015, 12:25 PM
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#19
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Senior Member
Fleetwood Owners Club
Join Date: May 2011
Location: Southwest
Posts: 1,549
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Quote:
Originally Posted by raineman
Let's get back to talking about RVs and why we love them.
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Which is not the subject of this thread...
__________________
Joe and Debbie, Emma the Aussie Cattle Dog who adopted us
2012 Discovery 36J, Blue Ox and Air Force One, 2010 GMC Acadia Toad
USAF (Ret) WDØM https://wd0m.com
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08-24-2015, 02:03 PM
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#20
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Junior Member
Join Date: Aug 2015
Posts: 22
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I'm not putting much thought in to it at this point and plan on riding it out. I'll continue my normal investing and hope I'm buying as much at the bottom as possible.
The fed is out of bullets and the national debt doubled in 6 years. Something had to give. It'll fix itself or crash to ground. A fix works out in my favor if I hold and buy, a crash screws us all.
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08-24-2015, 02:16 PM
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#21
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Senior Member
Join Date: Mar 2005
Location: Phoenix, AZ
Posts: 1,029
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We need another war.
NOT!
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08-24-2015, 02:45 PM
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#22
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Senior Member
Join Date: Apr 2012
Location: CLEARWATER, FLORIDA
Posts: 1,052
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"on the verge of collapse?"
Of course it is! It always is; it's just a matter of timing................
Tom
__________________
Tom & Jan ---- Westwing43 (RVM28)
2008 NEWMAR MOUNTAIN AIRE 4528
Pulling a 2014 CHEVY CAPTIVA
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08-24-2015, 07:37 PM
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#23
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Senior Member
Join Date: Aug 2001
Location: North America somewhere
Posts: 30,982
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Don't worry, be happy! Remember that? It fits this weeks financial news, since there is absolutely nothing you can do to rectify the situation.
__________________
2000 Winnebago Ultimate Freedom USQ40JD , ISC 8.3 Cummins 350, Spartan MM Chassis. USA IN 1SG 11B5MX,Infantry retired;Good Sam Life member,FMCA. " My fellow Americans, ask not what your country can do for you, ask what you can do for your country. John F. Kennedy
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08-24-2015, 08:34 PM
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#24
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Senior Member
Monaco Owners Club
Join Date: Jul 2011
Location: B.C.
Posts: 4,638
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With the Canadian Dollar dropping like it is it makes it harder to cross the border. That is how it affects this Rver!!
__________________
Dennis & Marcie & Captain Hook The Jack Russell,aka PUP, 2006 Itasca 29R 2017 Equinox toad. RVM59
We came, we went, nothing broken, nothing bent!
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08-24-2015, 08:45 PM
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#25
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Junior Member
Winnebago Owners Club
Join Date: Aug 2015
Posts: 6
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Being retired, I follow all this way too closely! When all is said and done, we were overdue for a market correction. Stocks had recovered way too quickly (20.1% average per year) and were a bit overpriced. However, if you look at charts over the past several decades, you'll see ups and downs, but the overall trend has been up. Keep in mind you haven't lost a dime until you sell and lock in your loss!
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08-24-2015, 08:55 PM
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#26
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Member
Join Date: Aug 2008
Location: Pennsylvania
Posts: 99
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This might be a clue. I have attended approximately 8 FMCA international conferences. I know that at some of these there were upwards of 4500 to 5500 coaches in attendance and many vendors selling various accessories for motorhomes. At the recent FMCA International in Madison, Wisconsin only 1300 coaches showed up. Plus, the selection of vendors dealing with motorhome equipment, accessories was way down. Camping World, a usual vendor that was often located right in the middle of all the exhibitors wasn't there. It certainly didn't feel like the good ole days.
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08-25-2015, 05:00 AM
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#27
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Member
Join Date: Jul 2015
Posts: 62
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I own an employment website. Over the past 16 years the site has been a reasonably accurate indicator of what lies about 6 months ahead for the economy based on hiring practices nationwide. We are down approximately 20% year to date. Even with adjusting for seasonal fluctuations, we haven't seen numbers like these since 2008 - 2009. In fact, it's about 3% more unfavorable compared to that period.
Hoping it is wrong, but a review of the past performance compared to the economy at any given time over the past 16 years demonstrates reasonably accurate forecasts.
Now, if I could just prove the concept and sell those metrics 6 months in advance, we would all make a fortune - ha ha.
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08-25-2015, 06:21 AM
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#28
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Senior Member
Winnebago Owners Club Ford Super Duty Owner
Join Date: Sep 2010
Location: Chicagoland
Posts: 2,762
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Personally, I'd like to see the love affair with all things China come to an end. Maybe some good will come out of this. CHINA IS NOT OUR FRIEND! There is way too much dependence on global economies these days. Wall Street needs to scale it back.
China has a lot of growing up to do before it can be a true player IMO.
__________________
Burns & Diane
2005 Winnebago Aspect 26A/2012 Subaru Impreza toad
Illinois! - Where the politicians make the license plates......
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