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<blockquote data-quote="Garnfellow" data-source="post: 2854057" data-attributes="member: 1223"><p>Well, I am not going to engage you in a long, drawn-out debate on the economy, as it is largely off-topic and particularly since you seem to have an ideological axe to grind. But since you obliquely called me a liar, and since you keep banging your little drum by citing "sluggish economy" in every one of your posts, here's the last thing I'll write on the subject: a comprehensive analysis of the current US economy is a extremely complex undertaking that must take into account a multitude of often conflicting data points, and is almost impossible to do with perfect clarity in real time. Professional economists disagree over the interpretation of common economic indicators every day of the week. For example, consumer spending was up 0.6 percent in April. Doesn't that mean the economy is strong? Well, maybe, but it appears that much of that increase was due to high gas prices.</p><p></p><p>While I must admit I did casually throw out the phrase "sluggish economy," I don't think you can be readily trumpeting that everything is hunky dory, either. Sluggish doesn't mean recessive much less depressive, but I probably should have wrote "uncertain economy," since the best anyone can say right now is that we are getting some very mixed signals regarding the health of the economy. Some signs are very promising, some are rather worrisome. If you want to see that glass as half full, great for you, man. I hope your investments do well. Just don't call me a liar for suggesting that the glass could also be half empty.</p></blockquote><p></p>
[QUOTE="Garnfellow, post: 2854057, member: 1223"] Well, I am not going to engage you in a long, drawn-out debate on the economy, as it is largely off-topic and particularly since you seem to have an ideological axe to grind. But since you obliquely called me a liar, and since you keep banging your little drum by citing "sluggish economy" in every one of your posts, here's the last thing I'll write on the subject: a comprehensive analysis of the current US economy is a extremely complex undertaking that must take into account a multitude of often conflicting data points, and is almost impossible to do with perfect clarity in real time. Professional economists disagree over the interpretation of common economic indicators every day of the week. For example, consumer spending was up 0.6 percent in April. Doesn't that mean the economy is strong? Well, maybe, but it appears that much of that increase was due to high gas prices. While I must admit I did casually throw out the phrase "sluggish economy," I don't think you can be readily trumpeting that everything is hunky dory, either. Sluggish doesn't mean recessive much less depressive, but I probably should have wrote "uncertain economy," since the best anyone can say right now is that we are getting some very mixed signals regarding the health of the economy. Some signs are very promising, some are rather worrisome. If you want to see that glass as half full, great for you, man. I hope your investments do well. Just don't call me a liar for suggesting that the glass could also be half empty. [/QUOTE]
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