Is the sky still falling? - Corvette Forum : DigitalCorvettes.com Corvette Forums
 
 
Go Back   Corvette Forum : DigitalCorvettes.com Corvette Forums > Other Discussions/Topics > News Room
Register Forums Garage Garage Mark Forums Read Auto EscrowInsurance

Notices

News Room This section is for discussing current events.

Shops/Tuners
Custom Image Corvettes
A&A Corvette
Corvette tuner

Interior
Corvette aftermarket products

Insurance

Parts & Products
Race Ramps
Edelbrock
ATI/Procharger
Corvetteguys.com
Melrose Motorsports
Parts Taxi
Airaid
Mid America Motorworks
Pfadt Racing
Madvette Motorsports
Hi-tech Custom Concepts
Corvette aftermarket products
Corvette Garage
Corvette Parts and Accessories
Corvette Car Care Products
Corvette HID
Mid America Motoroworks

Tracks/Schools
Bob Bondurant School of High Performance Driving
Corvette driving school

Wheels/Tires
Cray Wheels

Services
BADWERKS.com
Reply
 
Thread Tools
Old 12-07-2012, 09:35 AM   #1
Geneus
DC Crew
 
Geneus's Avatar
 
Posts: 6,050
Member #64482
Member since: Sep 2007
Location: Hillsborough/NJ/Somerset

My Corvette(s)
Z06

Thanks: 6
Thanked 7 Times in 6 Posts
Is the sky still falling?

7.7% unemployment rate and the election is behind us. Where is Chicken Little?


http://www.latimes.com/business/mone...,4378298.story
Geneus is offline   Reply w/quote Quick reply to this message
Forged 402 stroker, ETP 215 ported/polished heads, 1 7/8" AR headers, Fast 90/LS2 TB, Oz Exo-skel dual disc clutch, 5 point custom roll cage, 4.10 gears, DTE strut brace, DTE hardened output shaft, Rwhp/Rwtq?...enough to go 10.44@133.9 with a 1.55-60' and a slipping clutch...thank you RobZ for driving and ECS for the build.
Sponsored Links
Advertisement
 
Old 12-07-2012, 09:38 AM   #2
C5sarge
DC Crew
 
C5sarge's Avatar
 
Posts: 1,200
Member #105729
Member since: May 2010
Location: North Georgia

My Corvette(s)
09 Coupe

Thanks: 36
Thanked 39 Times in 26 Posts
Upcoming tax increases. Which I would actually be OK to an extent with if spending were cut and debt paid down. And our CIC wants to control the debt ceiling himself and bypass the system.
Yeah. Real sunny skies ahead.
C5sarge is offline   Reply w/quote Quick reply to this message
"Attack life fully armed" " Navy Vet"
93 Torch Red Coupe - Sold
01 Torch Red Vert - Traded
Old 12-07-2012, 09:38 AM   #3
blckslvr79
 
blckslvr79's Avatar
 
Posts: 19,104
Member #67576
Member since: Nov 2007
Location: Schererville, IN

My Corvette(s)
1979 L82 4speed

Thanks: 830
Thanked 284 Times in 236 Posts
Please explain to us how the 7.7% was calculated.
blckslvr79 is online now   Reply w/quote Quick reply to this message
I'm taking care of my procrastination issues, just you wait and see.
Old 12-07-2012, 09:39 AM   #4
C5sarge
DC Crew
 
C5sarge's Avatar
 
Posts: 1,200
Member #105729
Member since: May 2010
Location: North Georgia

My Corvette(s)
09 Coupe

Thanks: 36
Thanked 39 Times in 26 Posts
Quote:
Originally Posted by blckslvr79 View Post
Please explain to us how the 7.7% was calculated.
C5sarge is offline   Reply w/quote Quick reply to this message
"Attack life fully armed" " Navy Vet"
93 Torch Red Coupe - Sold
01 Torch Red Vert - Traded
Old 12-07-2012, 09:40 AM   #5
walleyfisher
DC Crew
 
walleyfisher's Avatar
 
Posts: 4,929
Member #81755
Member since: Feb 2009
Location: North of Illinois

My Corvette(s)
1974 coupe & 1984 coupe

Thanks: 24
Thanked 57 Times in 47 Posts
So according to you all is well, stay the course them

The sky is going to fall, If you can't see it well.......
walleyfisher is offline   Reply w/quote Quick reply to this message
"If you're not on somebody's shit list, you're not doing anything worthwhile"
Old 12-07-2012, 09:42 AM   #6
Geneus
DC Crew
 
Geneus's Avatar
 
Posts: 6,050
Member #64482
Member since: Sep 2007
Location: Hillsborough/NJ/Somerset

My Corvette(s)
Z06

Thanks: 6
Thanked 7 Times in 6 Posts
Quote:
Originally Posted by blckslvr79 View Post
Please explain to us how the 7.7% was calculated.
By using Voodoo economics, of course.

In all honesty, I haven't a clue. Presumably the same exact way the government has been measuring/calculating the rate over the past several years.
Geneus is offline   Reply w/quote Quick reply to this message
Forged 402 stroker, ETP 215 ported/polished heads, 1 7/8" AR headers, Fast 90/LS2 TB, Oz Exo-skel dual disc clutch, 5 point custom roll cage, 4.10 gears, DTE strut brace, DTE hardened output shaft, Rwhp/Rwtq?...enough to go 10.44@133.9 with a 1.55-60' and a slipping clutch...thank you RobZ for driving and ECS for the build.
Old 12-07-2012, 09:43 AM   #7
Geneus
DC Crew
 
Geneus's Avatar
 
Posts: 6,050
Member #64482
Member since: Sep 2007
Location: Hillsborough/NJ/Somerset

My Corvette(s)
Z06

Thanks: 6
Thanked 7 Times in 6 Posts
Quote:
Originally Posted by walleyfisher View Post
So according to you all is well, stay the course them

The sky is going to fall, If you can't see it well.......
Remember...the trend is your friend.
Geneus is offline   Reply w/quote Quick reply to this message
Forged 402 stroker, ETP 215 ported/polished heads, 1 7/8" AR headers, Fast 90/LS2 TB, Oz Exo-skel dual disc clutch, 5 point custom roll cage, 4.10 gears, DTE strut brace, DTE hardened output shaft, Rwhp/Rwtq?...enough to go 10.44@133.9 with a 1.55-60' and a slipping clutch...thank you RobZ for driving and ECS for the build.
Old 12-07-2012, 10:03 AM   #8
Texdentist
 
Texdentist's Avatar
 
Posts: 19,050
Member #76657
Member since: Oct 2008
Location: Crowley, TX

My Corvette(s)
2013 Coupe, 2009 Coupe - traded, '74 Coupe totalled, '77 Coupe sold

Thanks: 59
Thanked 568 Times in 416 Posts
Quote:
Originally Posted by Geneus View Post
Where is Chicken Little?

He's about to go over the fiscal cliff and take the rest of us with him.
Texdentist is offline   Reply w/quote Quick reply to this message
Old 12-07-2012, 10:11 AM   #9
Geneus
DC Crew
 
Geneus's Avatar
 
Posts: 6,050
Member #64482
Member since: Sep 2007
Location: Hillsborough/NJ/Somerset

My Corvette(s)
Z06

Thanks: 6
Thanked 7 Times in 6 Posts
Quote:
Originally Posted by Texdentist View Post
He's about to go over the fiscal cliff and take the rest of us with him.
Geneus is offline   Reply w/quote Quick reply to this message
Forged 402 stroker, ETP 215 ported/polished heads, 1 7/8" AR headers, Fast 90/LS2 TB, Oz Exo-skel dual disc clutch, 5 point custom roll cage, 4.10 gears, DTE strut brace, DTE hardened output shaft, Rwhp/Rwtq?...enough to go 10.44@133.9 with a 1.55-60' and a slipping clutch...thank you RobZ for driving and ECS for the build.
Old 12-07-2012, 10:37 AM   #10
blckslvr79
 
blckslvr79's Avatar
 
Posts: 19,104
Member #67576
Member since: Nov 2007
Location: Schererville, IN

My Corvette(s)
1979 L82 4speed

Thanks: 830
Thanked 284 Times in 236 Posts
Quote:
Originally Posted by Geneus View Post
By using Voodoo economics, of course.

In all honesty, I haven't a clue. Presumably the same exact way the government has been measuring/calculating the rate over the past several years.
You're half right.

You might want to look into the 540,000 Americans that fell off the roster this month that are no longer looking for work because they have given up. No, the actual unemploment numbers have not gone down.

Low information voter....
You just watch the headlines. Never mind the details.
blckslvr79 is online now   Reply w/quote Quick reply to this message
I'm taking care of my procrastination issues, just you wait and see.
Old 12-07-2012, 11:07 AM   #11
the machine
 
the machine's Avatar
 
Posts: 8,108
Member #67421
Member since: Nov 2007
Location: Glen Gardner NJ USA

My Corvette(s)
1966 Big Block Vert, 2008 Z06, 1969 435 , 1959 vert. Non vette ...2011 CTS-V wgn, 2014 silverado

Thanks: 21
Thanked 42 Times in 37 Posts
Quote:
Originally Posted by blckslvr79 View Post
You're half right.

You might want to look into the 540,000 Americans that fell off the roster this month that are no longer looking for work because they have given up. No, the actual unemploment numbers have not gone down.

Low information voter....
You just watch the headlines. Never mind the details.
So how many of those 540,000 are people who are retiring. I will remind you again that 10,000 people a day are reaching retirement age. That would be 300,000 each and every month...well except february which would be 280,000 unless it's a leap year but then I didn't count the months with 31 days.

That means that more than half of that 540,000 number would have stopped looking and given up looking because they had planned too.
the machine is offline   Reply w/quote Quick reply to this message
Welcome to the Machine....
Old 12-07-2012, 11:11 AM   #12
Texdentist
 
Texdentist's Avatar
 
Posts: 19,050
Member #76657
Member since: Oct 2008
Location: Crowley, TX

My Corvette(s)
2013 Coupe, 2009 Coupe - traded, '74 Coupe totalled, '77 Coupe sold

Thanks: 59
Thanked 568 Times in 416 Posts
Quote:
Originally Posted by the machine View Post
So how many of those 540,000 are people who are retiring. I will remind you again that 10,000 people a day are reaching retirement age. That would be 300,000 each and every month...well except february which would be 280,000 unless it's a leap year but then I didn't count the months with 31 days.
Then how many of the 540k are retiring involuntarily? Many people slip into retirement because their last job played out and after a long effort can't find a job to replace it.
Texdentist is offline   Reply w/quote Quick reply to this message
Old 12-07-2012, 11:43 AM   #13
blckslvr79
 
blckslvr79's Avatar
 
Posts: 19,104
Member #67576
Member since: Nov 2007
Location: Schererville, IN

My Corvette(s)
1979 L82 4speed

Thanks: 830
Thanked 284 Times in 236 Posts
Quote:
Originally Posted by Texdentist View Post
Then how many of the 540k are retiring involuntarily? Many people slip into retirement because their last job played out and after a long effort can't find a job to replace it.
Never mind the real numbers....whats the man behind the curtain telling us?

blckslvr79 is online now   Reply w/quote Quick reply to this message
I'm taking care of my procrastination issues, just you wait and see.
Old 12-07-2012, 01:14 PM   #14
the machine
 
the machine's Avatar
 
Posts: 8,108
Member #67421
Member since: Nov 2007
Location: Glen Gardner NJ USA

My Corvette(s)
1966 Big Block Vert, 2008 Z06, 1969 435 , 1959 vert. Non vette ...2011 CTS-V wgn, 2014 silverado

Thanks: 21
Thanked 42 Times in 37 Posts
Quote:
Originally Posted by Texdentist View Post
Then how many of the 540k are retiring involuntarily? Many people slip into retirement because their last job played out and after a long effort can't find a job to replace it.
So at what point do you call someone unemployed??? A guy who is 65 has no ability to work with modern technology and won't try to learn....is he retired or unemployed????

Many people are unemployed for this reason, and many who are younger. How is any president supposed to help them??
the machine is offline   Reply w/quote Quick reply to this message
Welcome to the Machine....
Old 12-07-2012, 01:29 PM   #15
blckslvr79
 
blckslvr79's Avatar
 
Posts: 19,104
Member #67576
Member since: Nov 2007
Location: Schererville, IN

My Corvette(s)
1979 L82 4speed

Thanks: 830
Thanked 284 Times in 236 Posts
Quote:
Originally Posted by the machine View Post
How is any president supposed to help them??
blckslvr79 is online now   Reply w/quote Quick reply to this message
I'm taking care of my procrastination issues, just you wait and see.
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Corvette Forum : DigitalCorvettes.com Corvette Forums forums, you must first register.
Please enter your desired user name (12 CHARACTERS MAXIMUM), your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Powered by vBadvanced CMPS v3.2.2

All times are GMT -6. The time now is 07:20 AM.




Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Garage Plus vBulletin Plugins by Drive Thru Online, Inc.
2003-2011, DigitalCorvettes.com - All Rights Reserved