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

Status
Not open for further replies.
First, that's simply untrue. Second the employment numbers aren't going to get significantly better until people like you stop fighting against "socialism" so I don't know why you bitch about something your doing on purpose and technically isn't even bad.

To the first point, it is, in fact, true. The stock market is a reflection of the economy, not the economy itself, and in the case of the last four years and Zumi's graphic, it's the result of multiple quantitative easings, a zero percent interest rate environment and multiple bailouts.
 
I don't understand how you or anyone can think "government" is good




Surrrrrre. It's never the economy until it starts going south and then it's all over your lips like a messy blowjob to spit back the blame.



Funny you put it that way, Jenny ol' girl ol' gal. Because your insanity and stupidity blows me away like an emergency levee made of duct-taped cardboard during a Katrina-level hurricane.

http://media.tumblr.com/tumblr_mcediqebwz1qa6g1m.gif

http://media.tumblr.com/tumblr_mcdjbjDs9I1r3gdf8.gif

http://media.tumblr.com/tumblr_mcdjgrmwhq1qa6g1m.gif

http://media.tumblr.com/tumblr_mcdjq8Wo1f1qa6g1m.gif
 
More Socialism was going to fix Socialist Europe...

Eurozone Downturn Deepens, PMI at 40-Month Low; Manufacturing Weakness in Germany; Considerable Service and Manufacturing Contraction in France


This morning Markit released Eurozone, France, and Germany preliminary PMI reports. All show further deterioration.


Read more at http://globaleconomicanalysis.blogspot.com/#lTEZLQRwMT7YFzBv.99


Just like the current leadership thinks it is going to fix the problems of Capitalism here...
 
On a side note, "Toy's "R" Us" is hiring, that should put a dent in those unemployment numbers.
 
So, key indicators of global economics, FED EX and CAT, say things are weak

but

Now we have evidence that REAL people, the lower middle class is pulling back

McDonald's sales are down, today Dunkin says sales will be down, Darden says sales will be down

Not good
 
FUCKING Economic Terrorists!

The rich are hoarding, the middle class are not spending*, the poor, well they ask more more AND GET IT! but it ain't multiplying like the million-man-math-method economists assured us it was, maybe now they will download their free JB Say and turn to page 114 and read about how GOVERNMENT's positive interferences are economy killers...


Tell them Woody Harrelson is starring in it, then they might read it.

:mad:




* There needs to be laws to take it from them!
 
No Economic Regrets

Q: Yes, that begs a question from us, Mr. President. Some say you had a super majority in your first two years and had this incredible opportunity, but because of what you were talking about, as you were running, you had to go to get Obamacare done. Do you have any regrets taking on some of the economic issues, some of the issues that we're talking about for your second term, that when you had the chance, so to speak, during your first -- do you have any regrets that you didn’t do that at that time?

THE PRESIDENT: Absolutely not, Laura. Remember the context. First of all, Mitch McConnell has imposed an ironclad filibuster from the first day I was in office. And that's not speculation. I mean, this is -- it’s amply recorded. He gave a speech saying, my task is to defeat the President.

So we were able to pass emergency action with the stimulus, but we had to get two votes from Republicans...
Obama's response is misleading. Republicans made no such filibuster threat at the outset of his first term. He refers to remarks made by Senate Minority Leader Mitch McConnell in late 2010, not in late 2008 or early 2009. Republicans in fact attempted to work together with the then-popular Obama before being rebuffed ("I won").

In addition, as journalist Bob Woodward points out in The Price of Politics, McConnell's remark about his "top priority" being to deny Obama a second term was taken out of context (McConnell had stressed a desire to work with Obama if he changed his approach). Even MSNBC's Morning Joe (!) felt compelled to apologize on the air for misreporting McConnell's remark. Obama has no such scruples, and simply repeats the lie as an excuse.

Even if they had wanted to, Republicans could not have imposed a filibuster anyway. Obama is correct that Democrats only had a filibuster-proof majority for a period of several months in 2009-2010, but that was no great obstacle to his agenda. The additional vote or two needed to break Republican opposition to the stimulus, for example, had been remarkably easy to obtain. And when Republicans did recover their ability to filibuster, with the surprise election of Scott Brown from Massachusetts in 2010, Democrats simply used reconciliation to pass Obamacare, avoiding the filibuster altogether. The fact is that Obama wielded power not seen in decades.

Obama attempts to describe the overhaul of the health care system as "a central economic priority for the country," but that is a giant stretch, and is an opinion not widely shared by Americans at the time--or since.
http://www.breitbart.com/Big-Govern...rets-For-Ignoring-Economy-for-First-Two-Years

Where are the jobs and lower premiums...?

It's rhetorical. We know the answer is always and forever, "Next Year..."
 
Jobless claims fell 23,000, more than expected. Maybe Vette can ask around to see if all the states turned in their numbers.
 
USA Today: Claims for unemployment aid fall to 369,000

The number of first-time claims for unemployment benefits fell 23,000 to a seasonally adjusted 369,000 the week ended Oct. 20, reflecting an improving labor market .

In a separate report, the government said orders for long-lasting U.S. manufactured goods surged 9.9% in September by the largest amount in nearly three years.


Link

Good news for America.
 
In a separate report, the government said orders for long-lasting U.S. manufactured goods surged 9.9% in September by the largest amount in nearly three years.[/SIZE][/FONT]

Republicans will now pretend like a surge in US-manufactured goods isn't worth noting.
 
Republicans will now pretend like a surge in US-manufactured goods isn't worth noting.

AJ was reduced to yammering about cinnamon shortages in Sri Lanka a few months back. I suspect we'll have a follow-up soon. He takes his bad news wherever he can find it!
 
Status
Not open for further replies.
Back
Top