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

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Today's number explained:

Remember how we told you that we didn't know how bad it was?


Turns out that even that estimate of what the fuck we don't know was a tad optimistic, but look, vote Democrat and next year, next year, maybe 2014, this economy is going to go up like a rocket! A North Korean rocket to the stars!!!


;) ;) You can trust the party of Elizabeth "Princess Otahki" Warren!
 
DRUDGE headline!

2Q GDP revised down to 1.3% from 1.7%...

Durable orders drop 13.2%...

Jobless claims 359,000...

SANTELLI: 'Depressingly weak'...


can YOU imagine the outcry if this was under an R?

can any SANE person really reward THE ABOVE with another term?........BUT HE WILL WIN, and WE WILL LOSE:(





I know....Romney is SELFISH, just look at all the "money" he gave to "Charity!"
 
2Q GDP revised down to 1.3% from 1.7%...

Durable orders drop 13.2%...

Jobless claims 359,000...

SANTELLI: 'Depressingly weak'...


can YOU imagine the outcry if this was under an R?

can any SANE person really reward THE ABOVE with another term?........BUT HE WILL WIN, and WE WILL LOSE:(





I know....Romney is SELFISH, just look at all the "money" he gave to "Charity!"

He should have given to the Cult of Personality.

:cool:
 
Disappointing GDP. But if you're going to post jobless claim numbers at least mention that they dropped more than expected... to a 2-month low.
 
BTW, we just had our annual meeting with our Health Care provider...Guess what? Our costs are going up again. Thank you Democrats! Middle-class TAX!

I thought you opted not to have health insurance on yourself and your family as a matter of Libertarian principle? I guess you must've been lying about that back then.


Anyway, I notice that you're once again attempting to blame the rise in your premiums on Democrats.

You must have been as happy as a pig in mud that your premiums never rose once during the failed Bush administration, right? Right?
 
Who would have thought 26,000 fewer jobless claims would be seen as a positive thing by Wall Street?
 
Disappointing GDP. But if you're going to post jobless claim numbers at least mention that they dropped more than expected... to a 2-month low.

werent YOU the SCHMCUK who screamed that all jobs under Bush was McDonalds jobs?


SCHMUCK!:)
 
Disappointing GDP. But if you're going to post jobless claim numbers at least mention that they dropped more than expected... to a 2-month low.

arent you ashambed SCHMUCK, to point to 359,000 new claims and pretend its GOOD?

2010, you TURDS were screaming SUMMER OF RECOVERY!


I know Obama Echo LYTES have no shame

But still, a little shame
 
Who would have thought 26,000 fewer jobless claims would be seen as a positive thing by Wall Street?

I'm cautiously optimistic, but like I always tell Dances With Falsehoods, it's a single data point.

The 4 week moving average is down 4,500 so that's very good news to see a declining trend in unemployment on average.

I'm sure the usual suspects will arrive soon to natter about "later adjustments" and other blather.
 
WALTER RUSSELL MEAD: Coming Crisis to Make Japan’s Lost Decade Look Like a Cake Walk.“Like the U.S., Japan has long had access to cheap funds—not, as with America, because of the yen’s status as international currency of choice, but because of a massive aging population whose savings mostly go directly or indirectly into Japanese government debt. And now that the government needs to borrow funds more than ever, the well threatens to run dry. . . . Unfortunately the root causes of Japan’s problems are common: social insurance programs and entitlements that made sense when lifespans are relatively short and each new generation is larger than the old one no longer make financial sense as lifespans extend and families shrink. In the US, we still have time for change before the worst becomes inevitable, but so far we seem pretty committed to wasting whatever time we have.”
 
55% of small business owners would not start company today, blame Obama


Fifty-five percent of small business owners and manufacturers would not have started their businesses in today’s economy, according to a new poll that also reports 69 percent say President Obama’s regulatory policies have hurt their businesses.

“There is far too much uncertainty, too many burdensome regulations and too few policymakers willing to put aside their egos and fulfill their responsibilities to the American people,” said Jay Timmons, president of the National Association of Manufacturers, which commissioned the poll along with the National Federation of Independent Businesses. “To fix this problem, we need immediate action on pro-growth tax and regulatory policies that put manufacturers in the United States in a position to compete and succeed in an ever-more competitive global economy.”



The poll reports another ominous statistic for job creation: “67 percent say there is too much uncertainty in the market today to expand, grow or hire new workers.” Why? Because “President Obama’s Executive Branch and regulatory policies have hurt American small businesses and manufacturers,” according to 69 percent of the business owners surveyed.



Here are the key findings in the poll, as highlighted by NAM:

  • 67 percent say there is too much uncertainty in the market today to expand, grow or hire new workers.
  • 69 percent of small business owners and manufacturers say President Obama’s Executive Branch and regulatory policies have hurt American small businesses and manufacturers.
  • 55 percent say they would not start a business today given what they know now and in the current environment.
  • 54 percent say other countries like China and India are more supportive of their small businesses and manufacturers than the United States.


“Instead of smoothing the way, our government continues to erect more barriers to growth through burdensome regulations that increase costs for small businesses and all Americans,” NFIB president Dan Danner said.


Those statistics suggest that even Democratic and independent small business owners criticized Obama, because only 46 percent of poll participants identified as Republicans, per Roll Call.


“It’s clear that small business owners and manufacturers are becoming increasingly more frustrated by the federal government’s inability to solve America’s economic problems,” Bill McInturff, whose Public Opinion Strategies conducted the poll. “Manufacturers place most of the blame squarely on policies coming out of Washington.”




http://washingtonexaminer.com/55-percent-of-small-business-owners-would-not-start-company-today-blame-obama/article/2509069#.UGRDLo7N78v[/SIZE]

So, to summarize: Blah blah blah, uncetainty, blah derp blah, over regulation, herpaderp, Obama bad, derp derp derp.
 
Prolly the same type of regulations that have been killing jobs in the coal fired energy business.

It's the plummeting price of natural gas has made coal-fired energy plants uncompetitive and caused layoff. What sort of "regulation" is that?

Perhaps you'd like the government to set price controls on natural gas so coal plants can make a profit again? Hmmm?
 
Prolly the same type of regulations that have been killing jobs in the coal fired energy business.

So you think coal plant emission regulations apply to small businesses? Because Mom and Pop run coal plants in your world?
 
It's the plummeting price of natural gas has made coal-fired energy plants uncompetitive and caused layoff. What sort of "regulation" is that?

Perhaps you'd like the government to set price controls on natural gas so coal plants can make a profit again? Hmmm?

No, it's not the price of gas that's shutting down coal plants. It's the EPA who is shutting down coal plants....:rolleyes:
 
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