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Thursday, 28 October 2004

On The Domestic Front


  • The official poverty rate rose for the third year to 12.5% of the population

  • For the 3rd year the number of people w/o health care rose to 45 million (16%)


  • In the same period, median household income declined


  • The dow is now nearing the 9,700 mark, down almost 1,000 points


  • The index of leading economic indicators is down for three months in a row


  • New job growth has not even kept up with population growth for 4 months


  • Deficits are growing at an alarming rate


  • As a result companies are uncertain about the future and are not making investments in either capital goods or new employees

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