Dow closes over 14,000: Nobody blames Bush!
- Thread starter jimpeel
- Start date
unclehobart
New Member
I wonder if there will be an inflation boost if the rate drops again.
Gato_Solo
Out-freaking-standing OTC member
Stickinthemud...
unclehobart
New Member
Veggies are already pricey enough. They keep going up in cost every time theres a freeze... but the prices never seems to come back down.
They never come down.
Gato_Solo
Out-freaking-standing OTC member
Recovering from the housing boom, maybe?
2minkey said:
It's been doing that since the Reagan administration.
2minkey said:
I'd have to see that one...
2minkey said:
That one has been coming for 20 years. I blame every administration since Carter. Instead of using the money from the fuel taxes to pay for our infrastructure, the money has been used for other projects.
2minkey said:
Been rising since the 50's at an ever-increasing rate. I blame personal consumption more than anything else, though.
jimpeel
Well-Known Member
Wednesday, October 3, 2007
1 US Dollar = 0.99570 Canadian Dollar
1 Canadian Dollar (CAD) = 1.00432 US Dollar (USD)
Interbank rate +/- 0%
This means:
You buy 1 US Dollar : 0.99570 Canadian Dollar
You sell 1 US Dollar : 0.99536 Canadian Dollar
You buy 1 Canadian Dollar : 1.00432 US Dollar
You sell 1 Canadian Dollar : 1.00466 US Dollar
Median price = 0.99536 / 0.99570 (bid/ask)
Minimum price = 0.99098 / 0.99128
Maximum price = 1.00098 / 1.00123
SOURCE
Seven years ago the rate was here:
10/03/2000 0.66240 CAD per 1.000 USD
BeardofPants
New Member
Yes, the low US dollar made things quite cheap for us recently as well (NZ usually sucks monkey bottoms in the exchange rate).
jimpeel
Well-Known Member
Yes. I stand corrected.
2minkey
bootlicker
It's been doing that since the Reagan administration.
i was speaking of more recent/localized shifts in manufacturing. the trend away from a manufacturing-based economy in a larger sense has been going on since well before reagan.
so the real question is what are all these little (!?) thingies going to add up to? greenspan seems to think there's a pretty good chance of recession.
jimpeel
Well-Known Member
Reagan's lament was that he got bamboozled by the dems when Tip O'Neill swore to cut spending. They lied. Spending went up and the resultant deficit was blamed on the guy who was never on the appropriations committee and who never once wrote a single check.
Once again, we have a president, the third -- Kennedy, Reagan, Bush -- who has the guts to admit that taxes are the problem. Watch for a major economic downturn if the dems take the House, Senate, and Presidency.
Of course, they will insist that they inherited the mess; and that there was already an economic downturn under way in the previous administration.
TRemember how they blamed the stock market slump on Bush and how he "lost" 2.5 million jobs? They are awfully quiet now, though, aren't they.
Once again, we have a president, the third -- Kennedy, Reagan, Bush -- who has the guts to admit that taxes are the problem. Watch for a major economic downturn if the dems take the House, Senate, and Presidency.
Of course, they will insist that they inherited the mess; and that there was already an economic downturn under way in the previous administration.
TRemember how they blamed the stock market slump on Bush and how he "lost" 2.5 million jobs? They are awfully quiet now, though, aren't they.
jimpeel
Well-Known Member
"Climbed" to 4.7 according to the news. How many industrialized nations would kill for an unemployment figure of 4.7%?