What happened to all of the doom and gloom economic threads?

[busybody..]

January 2012 - best start to any year since 1997 for DOW

hopefully your CUNT works

cause if it doesnt

you would be totally useless

 

[busybody..]

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): House Prices Hit Post-Bubble Low.“The housing bust, in other words, appears to be even worse than it was at the nadir of the recession. For millions of homeowners, that’s an unsettling reality, and potentially an issue in the presidential campaign. But the damage may be far more widespread.”

 

[busybody..]

Didnt NIGGERPOONZANDI tell us how wonderful everything is VIA the CBO?


Now what?

 

[RobDownSouth]

Awesome synopsis of the man 'leading' our economy...

http://www.americanthinker.com/2012/02/project_obama_a_puppetmaster_or_a_puppet.html

Too good to excerpt; a must read.

And for those who prefer a dose of "reality" (as opposed to "editorial fantasy") with their morning coffee:

Emerging-Market Equities Record Best Start of Year Since 2001

LINK

 

[RobDownSouth]

Rough Days Ahead For America Haters

MOAR bad news for Glibertarians!

Stock market records best January since 1997

LINK

 

[NeverEndingMe]

And for those who prefer a dose of "reality" (as opposed to "editorial fantasy") with their morning coffee:

Emerging-Market Equities Record Best Start of Year Since 2001

LINK

so all those on unemployment should host a party?

 

[NeverEndingMe]

MOAR bad news for Glibertarians!

Stock market records best January since 1997

LINK

again, more reason for those unemployed for 2-4 years should be getting ready to party like its 1999?

 

[NeverEndingMe]

MOAR bad news for Glibertarians!

Stock market records best January since 1997

LINK

maybe you are saying we need to go back to the way things were under Bush?

 

[koalabear]

Wednesday has been heavy on U.S. economic data, starting with a new report on the job market from payroll processing firm Automatic Data Processing. Companies added 170,000 jobs in January, according to ADP, falling short of estimates for 185,000 from Thomson Reuters. December payrolls were downwardly revised to 292,000 from 325,000. Monthly gains in employment have averaged 223,000 over the last three months, suggesting the jobs recovery remains anemic.

Stocks hold gains on US data
Reports on manufacturing activity and construction spending lift sentiment. Investors expect Facebook to file for an initial public offering. Gold gains as oil falls.

 

[RobDownSouth]

We interrupt the morning right wing circle jerk with breaking news!

Unemployment rate falls to 8.3%; fifth straight monthly decline, lowest in nearly three years

LINK

 

[NeverEndingMe]

We interrupt the morning right wing circle jerk with breaking news!

Unemployment rate falls to 8.3%; fifth straight monthly decline, lowest in nearly three years

LINK

yes awesome! thank god for part time and retail jobs. right!

I bet you are one of those, rob, that feel its illegal to ask a voter for photo ID when voting, right?

 

[busybody..]

you TURDS outa stop with the sky is falling shit

cause as I told you 2 months

ago

the economy is getting much better

and NIGGER will win re erection

A Home Run


By Kevin Hassett

February 3, 2012 10:18 A.M.

Comments
12







Today’s jobs report was a home run. Large employment gains, a significant drop in the unemployment rate, and details that suggest there is something big going on below the top-line numbers. There were three key positive details. First, construction employment is surging, a sign that the real estate misery might be abating. Second, manufacturing employment jumped in the sectors that are highly correlated with the automobile sector. This is a sign that consumers are finally starting to feel optimistic enough to buy cars, an observation that was confirmed in retail employment, where car dealers seem to be adding workers as well. That will have repercussions throughout the economy. Finally, the machine manufacturers are ramping up employment, suggesting that plant operators across the economy are looking to ramp up capacity.

While the headline is about January, the positive inflection of employment growth is now about three months old. This is an important observation as we look at the data because of seasonal factors. The acceleration in January might be overstated because we had the best January weather in memory. The seasonals expect a lot more snow than we had. But since the good news goes back to November, it seems unlikely that this is a big enough deal to change the bottom line.

 

[RobDownSouth]

<snip>the economy is getting much better<snip>

They threw you outta the circle jerk, didn't they?

 

[busybody..]

They threw you outta the circle jerk, didn't they?

Fuck off, POOPNIGGER

 

[busybody..]

More news about the drop in the labor participation rate, via Zero Hedge (emphasis in original):


A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not in the labor force exploded by an unprecedented record 1.2 million. No, that’s not a typo: 1.2 million people dropped out of the labor force in one month! So as the labor force increased from 153.9 million to 154.4 million, the non institutional population increased by 242.3 million meaning, those not in the labor force surged from 86.7 million to 87.9 million. Which means that the civilian labor force tumbled to a fresh 30 year low of 63.7% as the BLS is seriously planning on eliminating nearly half of the available labor pool from the unemployment calculation.

 

[Disgustipated]

Is Jen really bagging on retail jobs?

 

[RobDownSouth]

Is Jen really bagging on retail jobs?

She has to play the cards she is dealt, not the cards she wishes had been dealt.

 

[landslider2000]

Look at the shocking rise in the not-in-labor-force number.

If you calculate unemployment the way it was done before 1994 (and the way it should still be done), unemployment is about 11 percent.

If BLS continues to shrink the base by not counting the discouraged, then obviously it is possible to show an "improvement."

 

[koalabear]

Ken threw me outta the circle jerk, I miss him so much.

 

[NeverEndingMe]

She has to play the cards she is dealt, not the cards she wishes had been dealt.

you people are idiots, 90% of retail jobs pay min wage. are those the jobs you want?

granted, the two of you combined might qualify for 1 job at Walmart

keep on calling me Jen, idiot

maybe you can finally propose to Luke?

 

[landslider2000]

CNBC:

"The real unemployment rate, which measures discouraged workers as well, stands at 15.1 percent."

 

[Sean Renaud]

The real unemployment number kinda doesn't mean anything though. Sure its good for making Obama look bad but it doesn't mean anything and if things were good in the country it would be MUCH MUCH higher than that.

 

[NeverEndingMe]

CNBC:

"The real unemployment rate, which measures discouraged workers as well, stands at 15.1 percent."

but we need to party like its 1999, after all look at all those jobs WalMart created

 

[RobDownSouth]

CNBC:

"The real unemployment rate, which measures discouraged workers as well, stands at 15.1 percent."

Read it and derp, L'il Andy:
http://www.motherjones.com/files/images/blog_gross_new_jobs_january.jpg

 

[landslider2000]

According to the Labor Dept, a shocking 1.2 million left the labor force. These are folks who want a job and looked for one within the past year, but failed.

If discouraged workers are included, as they used to be until 1994 and still should be, the real unemployment rate is 15.1 percent.