julybaby04
...always dreaming....
- Joined
- Sep 23, 2008
- Posts
- 19,442
I quoted from the CBO.....thought that was the holy grail to liberals.
(ya'll are never happy...even quoting your own favorite sources....
)What happened to all of the doom and gloom economic threads?
- Thread starter Ulaven_Demorte
- Start date
- Status
I quoted from the CBO.....thought that was the holy grail to liberals.
(ya'll are never happy...even quoting your own favorite sources....
)
RobDownSouth
Never Banhammered
- Joined
- Apr 13, 2002
- Posts
- 72,083
I quoted from the CBO.....thought that was the holy grail to liberals.
(ya'll are never happy...even quoting your own favorite sources....
You quoted old, out of date numbers.
As someone mentioned in the other thread, the revised numbers from the CBO show the deficit shrinking at a much faster rate than even the "best case" scenarios as recently as February.
Sean Renaud
The West Coast Pop
- Joined
- Feb 5, 2004
- Posts
- 58,260
I hate to defend JB, but quoting the Feb numbers is probably an honest mistake. Even if it's one that was quickly caught.
julybaby04
...always dreaming....
- Joined
- Sep 23, 2008
- Posts
- 19,442
Sean Renaud
The West Coast Pop
- Joined
- Feb 5, 2004
- Posts
- 58,260
That doesn't really sound much like someone saying the President did a good job.
mercury14
Pragmatic Metaphysician
- Joined
- Jul 8, 2009
- Posts
- 22,158
From the CBO, one Republican talking point demolished:
A second Republican talking point demolished:
A third Republican talking point demolished:
Oh so raising taxes increases government revenue after all, just like we said it would. And better-than-expected growth still happens.
A fourth Republican talking point demolished:
Oh so we can raise the tax rate on corporations and still have record profits and a stock market at record highs. Just like we said.
A second Republican talking point demolished:
A third Republican talking point demolished:
Oh so raising taxes increases government revenue after all, just like we said it would. And better-than-expected growth still happens.
A fourth Republican talking point demolished:
Oh so we can raise the tax rate on corporations and still have record profits and a stock market at record highs. Just like we said.
RobDownSouth
Never Banhammered
- Joined
- Apr 13, 2002
- Posts
- 72,083
koalabear
~Armed and Fuzzy~
- Joined
- Mar 14, 2001
- Posts
- 101,964
U
unregistered
Guest
RobDownSouth
Never Banhammered
- Joined
- Apr 13, 2002
- Posts
- 72,083
Could be set for a new upside breakout:
Quoting Nostradumbass for posterity.
Beco
I'm Not Your Guru
- Joined
- Sep 12, 2002
- Posts
- 57,795
U.S. wholesale prices plunge
U.S. wholesale prices were down for the second straight month in April, recording their biggest drop in three years. The producer price index fell 0.7%, largely due to lower energy prices, but core prices were nearly stable, rising just 0.1%. Unemployment and low wages are believed to be among the factors keeping prices in check. The Detroit News/The Associated Press (5/15
U.S. wholesale prices were down for the second straight month in April, recording their biggest drop in three years. The producer price index fell 0.7%, largely due to lower energy prices, but core prices were nearly stable, rising just 0.1%. Unemployment and low wages are believed to be among the factors keeping prices in check. The Detroit News/The Associated Press (5/15
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
Will GALLOP be threatened AGAIN?
Obamacare Slowing Job Growth, at Least for Now
obamacare
A new Gallup poll reveals small business owners as wary about the Affordable Care Act. Forty-eight percent of the 603 small business respondents think that Obamacare will be “bad for [their] business.” Fifty-two percent said the ACA will reduce the quality of the healthcare they and their employees receive, while 55 percent believe the ACA will raise the amount the business will pay for healthcare.
But this isn’t even the most notable finding. Opponents of the ACA have long claimed that the new law could repress US job growth. This new poll provides some evidence that, at least for now, small businesses are suspending hiring in the face of ACA provisions:
When asked if they had taken any of five specific actions in response to the ACA, 41% of small-business owners say they have held off on hiring new employees and 38% have pulled back on plans to grow their business. One in five (19%) have reduced their number of employees and essentially the same number (18%) have cut employee hours in response to the healthcare law. One in four owners (24%) have thought about eliminating healthcare coverage for their employees.
It may be that these effects are a kind of initial panic that will ease over time as employers see how the implementation of the ACA plays out. But as an early indicator of the economic effects of the President’s central domestic achievement, this data raises some major red flags.
Obamacare Slowing Job Growth, at Least for Now
obamacare
A new Gallup poll reveals small business owners as wary about the Affordable Care Act. Forty-eight percent of the 603 small business respondents think that Obamacare will be “bad for [their] business.” Fifty-two percent said the ACA will reduce the quality of the healthcare they and their employees receive, while 55 percent believe the ACA will raise the amount the business will pay for healthcare.
But this isn’t even the most notable finding. Opponents of the ACA have long claimed that the new law could repress US job growth. This new poll provides some evidence that, at least for now, small businesses are suspending hiring in the face of ACA provisions:
When asked if they had taken any of five specific actions in response to the ACA, 41% of small-business owners say they have held off on hiring new employees and 38% have pulled back on plans to grow their business. One in five (19%) have reduced their number of employees and essentially the same number (18%) have cut employee hours in response to the healthcare law. One in four owners (24%) have thought about eliminating healthcare coverage for their employees.
It may be that these effects are a kind of initial panic that will ease over time as employers see how the implementation of the ACA plays out. But as an early indicator of the economic effects of the President’s central domestic achievement, this data raises some major red flags.
mercury14
Pragmatic Metaphysician
- Joined
- Jul 8, 2009
- Posts
- 22,158
Wholesale prices fell a fraction of a percent? That's what you're left with to prove your Doom and Gloom these days?
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
where do you see an attempt at DOOM n GLOOM as opposed to information?
I know, Budget cuts made him do it
mercury14
Pragmatic Metaphysician
- Joined
- Jul 8, 2009
- Posts
- 22,158
where do you see an attempt at DOOM n GLOOM as opposed to information?
I know, Budget cuts made him do it
Yeah nobody would post a tiny change in US wholesale prices without reason.
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
so you quibble about BULLSHIT with BECO
but say NOTHING about what WAL MART said
says all wee needa know bout Ole CURRY
Beco
I'm Not Your Guru
- Joined
- Sep 12, 2002
- Posts
- 57,795
Just posting news....but driving in today, I had a thought of just how well we would be doing with Romney as President....it was a good day dream
U
unregistered
Guest
koalabear
~Armed and Fuzzy~
- Joined
- Mar 14, 2001
- Posts
- 101,964
Not only are they not responsible, but they don't even know who is.
The other guy did it!
U
unregistered
Guest
mercury14
Pragmatic Metaphysician
- Joined
- Jul 8, 2009
- Posts
- 22,158
More like a wet dream. Under Romney we'd be doing about the same right now.
Except conservatives would be saying the AP thing is a legitimate FBI activity and Dems would be grousing.
- Status
