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New Yorkers Lost Income In 2009

Started by pulaski
over 15 years ago
Posts: 824
Member since: Mar 2009
Discussion about
"For The First Time In 70 Years, New Yorkers Lost Income In 2009" "Throughout various recessions and slumps since The Great Depression, New Yorkers never saw an income decline. That was until 2009, according to a new report from the New York State Comptroller." http://www.businessinsider.com/comptroller-report-on-the-state-of-the-new-york-economy-2010-10
Response by NWT
over 15 years ago
Posts: 6643
Member since: Sep 2008
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Response by steveF
over 15 years ago
Posts: 2319
Member since: Mar 2008

ya 2009 was tough. All I read/heard were companies reducing 401k match, cutting salaries, raises on hold, profit sharing reduced etc. But now I hear/read that all those reductions have been reinstated and raises are back to normal and the Great Recession is over.

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Response by stevejhx
over 15 years ago
Posts: 12656
Member since: Feb 2008

Let's hear it for steveF - gets the Ostrich-With-His-Head-In-The-Hole award!

And let's hear it for LICComment: Long Island City RULES DUDES.

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Response by somewhereelse
over 15 years ago
Posts: 7435
Member since: Oct 2009

> But now I hear/read that all those reductions have been reinstated

Yes, its in SteveF's magical fantasy paper.

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Response by steveF
over 15 years ago
Posts: 2319
Member since: Mar 2008

see swe, your last comment exposes you as a renter with no stock investments. Everything I mentioned above is favorable for higher stock prices. Why wouldn't you welcome that news? You obviously don't have any short positions b/c you've always "gloated" during up days. So the conclusion is you are just one big FRAUD. A renter who can't afford to own but desperately wants to and hopes everything collapses so as to be able to buy. SWE is a panting foaming F-R-A-U-D.

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Response by somewhereelse
over 15 years ago
Posts: 7435
Member since: Oct 2009

I love it, SteveF, first a crappy investor, then a crybaby, and now a failed psychiatrist.

I'm all for positive stock news, but SteveG, you don't provide any actual news or facts, just a
steaming load of...

"all those reductions have been reinstated"

still laughing on that one, and I don't seem to be the only one.

Keep whining steveF, all the tears streaming down your face. You bring me endless amusement.

Dance, monkey, dance!

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Response by Riversider
over 15 years ago
Posts: 13573
Member since: Apr 2009

Rents were part of it, another part was lower interest and dividend income. With wall street capping the big salaries it would be interesting to know how the math was done.

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