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Fred Langford

03/05/04 3:18 PM

#214169 RE: marketmaven #214165

This will not end well.
Big hint is that the administration is using all the SS fund to pay for taxcuts.

Fred
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federal reserves

03/05/04 3:23 PM

#214182 RE: marketmaven #214165

Consumer Credit

jobless, but have credit, at least for now.

The household survey showed the number of civilian jobs dropped from 138,566,000 to 138,301,000 a loss of 265,000 jobs! They keep the rate from rising by lowering the number of people in the labor force which also suffered a huge decline of 392,000! However, the number of people with credit cards increased to 100%, even folks without jobs can get them.