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

[unregistered]

 

[fair_warning]

Obama cannot establish his Utopian society and administrative state by promoting the private sector, freedom, and private property, he must destroy it instead.

You're having funny dreams again huh?

 

[NeverEndingMe]

You're having funny dreams again huh?

do you hold a fantasy that obama is helping the private sector?

 

[unregistered]

 

[unregistered]

 

[fair_warning]

No, you haven't posted your boobs yet.

True, but my boobs are soooo tired, just like me...they will have to wait - like you

 

[unregistered]

 

[fair_warning]

Explain to me what's it's like to be tired all the time.

Oh...that's a tough one....but, just remember, I'm on the bottom and you're on the top..' and the time right now is 1am....k?

 

[TexasWife25]

"The number of people seeking unemployment aid in the United States fell last week to its lowest level since mid-May, suggesting layoffs are easing and hiring could pick up. "




http://www.nytimes.com/2012/07/06/b...ive-reports-on-us-jobs.html?_r=1&ref=business

 

[VaticanAssassin]

"The number of people seeking unemployment aid in the United States fell last week to its lowest level since mid-May, suggesting layoffs are easing and hiring could pick up. "




http://www.nytimes.com/2012/07/06/b...ive-reports-on-us-jobs.html?_r=1&ref=business

Also from, the article:

Not exactly the rosy picture the headline portraits, but of course most dumb asses do not get past the headline

A closely watched private survey released last week showed consumer confidence fell in June for the fourth-straight month

The economy is not growing fast enough to support stronger job gains

The manufacturing sector contracted in June for the first time in three years, the Institute for Supply Management, a trade group, said Monday. Export orders fell, a sign that Europe's debt crisis and weaker growth in big emerging markets, like China and India, are slowing overseas demand for American goods.

Retailers are reporting weak sales for June as worries about the economy and jobs are making shoppers pull back on spending

The I.S.M. said Thursday that its index of nonmanufacturing activity fell to 52.1 points last month from a May reading of 53.7.

Also, the Institute for Supply Management said that while American service companies grew in June at the slowest pace in nearly two and a half years, those same firms increased their hiring, supporting other data that show job growth may have picked up last month


The government will release the June jobs report on Friday. Economists forecast that employers added only 90,000 jobs last month and the unemployment stayed at 8.2 percent, according to FactSet.

 

[TexasWife25]

Also from, the article:

Its amazing how things can be good, and not perfect, isn't it?

edit to add-

I prefer to read articles that aren't quite so partisan, painting the "doom and gloom" or "the recession is over" picture, as neither of those narratives are true, imo.

 

[pete]

Its amazing how things can be good, and not perfect, isn't it?

that's the whole debate, yeah? whether things are actually "good", "better", or neither.

you look long and hard enough, you'll find evidence of some good things happening in the economy. but there's very much evidence that things are still down overall, and improvement isn't coming fast enough (it's been almost 4 yrs now).

how are things down in texas? i have a good friend in midland, where the economy is pretty much kicking ass no matter if the rest of the country is up or down

 

[VaticanAssassin]

Its amazing how things can be good, and not perfect, isn't it?

edit to add-

I prefer to read articles that aren't quite so partisan, painting the "doom and gloom" or "the recession is over" picture, as neither of those narratives are true, imo.

I agree, neither narrative is true, but the simple title of that article makes it biased IMO.

But it is hard not to read/watch something that is not biased these days. CNN skews just as far left as Fox does right and MSNBC may as well be in their own world. But there are 20 NY or LA times for every right leaning paper out there........

 

[phrodeau]

Obama cannot establish his Utopian society and administrative state by promoting the private sector, freedom, and private property, he must destroy it instead.

What war should he start then? North Korea? Iran? Mexico?

 

[pete]

What war should he start then? North Korea? Iran? Mexico?

a war with mexico could be cool, cuz thenr we send in the kentucky national guard. and 4 hrs later when we declare victory we could get to work on a high-speed train from dallas to cozumel

 

[NeverEndingMe]

What war should he start then? North Korea? Iran? Mexico?

obama has started enough wars. the only war he didn't declare is the war on the American citizen. how long before obama puts weapons on the drones that will be flying in America soon?

 

[TexasWife25]

I agree, neither narrative is true, but the simple title of that article makes it biased IMO.

But it is hard not to read/watch something that is not biased these days. CNN skews just as far left as Fox does right and MSNBC may as well be in their own world. But there are 20 NY or LA times for every right leaning paper out there........

I agree you are going to find bias everywhere, because people are human,and tend to add their own opinion into everything. I,however, ABSOLUTELY disagree with the comparison of cnn and fox. FOX isnt sometimes bias, fox is a conservative network that skews everything in a conservative slant. FOX and MSNBC are on par, imo, because both dont really try to be anything but partisan.

 

[phrodeau]

Obama care imposes a 3.8% new tax on investment income. If for instance you make 180,000 in wages and 30,000 in investment income you will exceed the $200,000 income threshold and pay the tax on the $30,000. When the Bush tax cuts go away you will pay 39% plus the 3.8% or 42.8%. I think that will impact the market.

PS: Obama lied, he is going to raise taxes on those making less than $200K

Hmm. Having a little math trouble?

 

[NeverEndingMe]

I agree you are going to find bias everywhere, because people are human,and tend to add their own opinion into everything. I,however, ABSOLUTELY disagree with the comparison of cnn and fox. FOX isnt sometimes bias, fox is a conservative network that skews everything in a conservative slant. FOX and MSNBC are on par, imo, because both dont really try to be anything but partisan.

in the media they are SELLING ~ God some people are just 2 stupid


MSNBC is crazy town where the insane inmates have overtaken the prison

 

[TexasWife25]

that's the whole debate, yeah? whether things are actually "good", "better", or neither.

you look long and hard enough, you'll find evidence of some good things happening in the economy. but there's very much evidence that things are still down overall, and improvement isn't coming fast enough (it's been almost 4 yrs now).

how are things down in texas? i have a good friend in midland, where the economy is pretty much kicking ass no matter if the rest of the country is up or down

I dont think its a real debate, you can pick things apart and say "this specific thing is worse then it was 4 years ago, or this is better" , but saying "things are worse" is just silly, imo. Things may not be where we want them, where we expected them to be, or recovering fast enough, but suggesting things are worse now then they were 4 years ago shows a willful blindness.


Where I am now? Locally things are improving, unemployment is still high, a little over 8%. However the housing market is booming, new houses going up, gas is $3.20, new businesses opening all over town. Overall Id say, things are improving.

 

[NeverEndingMe]

I dont think its a real debate, you can pick things apart and say "this specific thing is worse then it was 4 years ago, or this is better" , but saying "things are worse" is just silly, imo. Things may not be where we want them, where we expected them to be, or recovering fast enough, but suggesting things are worse now then they were 4 years ago shows a willful blindness.


Where I am now? Locally things are improving, unemployment is still high, a little over 8%. However the housing market is booming, new houses going up, gas is $3.20, new businesses opening all over town. Overall Id say, things are improving.

and just think about how much better thing would be if obama would stop playing silly games and focus on the big picture. to get obama to stick to something and build confidence and security in the private sector so that CEO's and investors will invest and we can grow the economy

we must end obama regulations and this silly turd called obamacare

 

[unregistered]

 

[unregistered]

 

[Morwen]

.....

 

[mercury14]

Obama care imposes a 3.8% new tax on investment income. If for instance you make 180,000 in wages and 30,000 in investment income you will exceed the $200,000 income threshold and pay the tax on the $30,000. When the Bush tax cuts go away you will pay 39% plus the 3.8% or 42.8%. I think that will impact the market.

Yet when Obamacare was upheld, the markets were just fine weren't they?

PS: Obama lied, he is going to raise taxes on those making less than $200K

No, he's taxing tanning salons and changing some FSA contribution limits. If this is what you call a middle class tax hike you've gone into desperation mode.