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

[Beco]

1) Wrongo, new housing permits and single-family housing starts have been up for the past 7 months.
2) Unemployment numbers were virtually unchanged from previous months, a BIG improvement over the end of 2008 and the first part of 2009.
3) Demonstrably false. I for one fit into none of those categories.
4) Opinion, everyone has them and they all stink.

You're black?

 

[cebalrai]

ever think that maybe they're saying no all the time BECAUSE they think it's bad for the economy? obama's racking up a ginormous fucking debt, with no real way to pay it down, plus they fear his health care "reform" will make things harder on individuals and businesses alike. so why should they say yes to that?

If Republicans thought the national debt was an important issue then why didn't they do anything about it during the 6+ years they were in power? Instead, they increased the debt by record amounts every year.

The stimulus was a big chunk of the debt. But without it Republicans would just bitch at him for not doing enough to save/create jobs...

Funny.

 

[removed030110]

If Republicans thought the national debt was an important issue then why didn't they do anything about it during the 6+ years they were in power? Instead, they increased the debt by record amounts every year.

The stimulus was a big chunk of the debt. But without it Republicans would just bitch at him for not doing enough to save/create jobs...

Funny.

What's humorous is your ignorance on politics, not some bias bullshit you're spewing.

 

[Kanomi]

With the Dow climbing near 10,000 again what's happened to all of the dire, end of the world ravings of our resident "conservative" economists?

Stock prices do not reflect the economic health of a nation. Look at any country, iceland, indonesia, etc. that got raided by Soros, IMF, etc. you being a moron who believes in bullshit, probalby never heard of these cases of financial piracy.

Where is all of this inflation we were warned about? According to reports the Consumer Price Index is down 1.5% overall from last year. Despite Augusts increase in prices, gasoline is still down 30% from the high a year ago.

Ha ha little boy believes government lies. Little boy holds dollars. Little boy stupid? yeah.

Despite the dire warnings of some of Lit's resident math wizards the Chinese are still very much interested in buying US Treasury securities. I guess the sky isn't falling after all.

Please go on borrowing money each week to buy gasoline for your Hummer so you can drive from your unsustainable suburban ghetto to your useless unsustainable job.

even non-english can find online real unemployment is like almost 20 percents and we laugh at your fake news. you believe.

What is your job you believe the lies? Are you job to fire other Americans or put them out their houses or make them go in the army. Maybe you believe in the Bernanke and his lies.

You are a stupid person no point talking to a donkey.

 

[jeninflorida]

and Fannie wants $15 billion more.....800,000 homes in south florida alone are into foreclosure. We're fucked....

wait...I thought it was a god given right that every american should "own" his or her home? in the end...what's another $15 billion..oh wait that is a goverment enterprise...so were talking a min of $45 billion by the time its all said and finished.

 

[jeninflorida]

If Republicans thought the national debt was an important issue then why didn't they do anything about it during the 6+ years they were in power? Instead, they increased the debt by record amounts every year.

The stimulus was a big chunk of the debt. But without it Republicans would just bitch at him for not doing enough to save/create jobs...

Funny.

maybe you need to move to Greece?

 

[pete]

If Republicans thought the national debt was an important issue then why didn't they do anything about it during the 6+ years they were in power? Instead, they increased the debt by record amounts every year.

The stimulus was a big chunk of the debt. But without it Republicans would just bitch at him for not doing enough to save/create jobs...

Funny.

i wish it were funny

national debt *isn't* an important issue when the economy's chugging along, everyone's working and tax revenue is rolling in.

republicans don't bitch about BO being lazy & doing nothing, they just don't like what steps he's taken.

it's not fair to blame a bad economy on any one president, nor can we rightly give credit to any one president for a good one. this economy will recover, jobs will come back, and the only arguable questions will be: did this administrations actions speed up, or delay, the recovery?

 

[Beco]

1) Wrongo, new housing permits and single-family housing starts have been up for the past 7 months.
2) Unemployment numbers were virtually unchanged from previous months, a BIG improvement over the end of 2008 and the first part of 2009.
3) Demonstrably false. I for one fit into none of those categories.
4) Opinion, everyone has them and they all stink.

On Wednesday, the Commerce Department reported that January new-home sales dropped 11.2 percent from December, plunging to their lowest level in nearly 50 years.

On Thursday, the government's report on new jobless claims filed during the previous week shot up 22,000, which was exactly opposite of what economists predicted. Forecasters expected new jobless claims to drop by about 20,000.

 

[Beco]

maybe you need to move to Greece?

Greece is the word, have you heard, have you heard??

 

[aqwertyuiop]

Never confuse liberals with facts that contradict Democrat talking points.

 

[Beco]

Never confuse liberals with facts that contradict Democrat talking points.

I've never seen a housing permits number....

 

[unregistered]

 

[JohnnySavage]

Judging by the recent flurry of share buyback announcements, Corporate America is increasingly confident the worst of the economic slump has passed.


After two years of belt tightening, stock buybacks are running at their highest level in two years as companies start to look for ways to deploy the record levels of cash on their balance sheets.


I got a letter in the mail yesterday from my favorite income producing company (HTGC) stating that they were buying back a chunk of their stock, and they paid an "extra" dividend in December.

Deploying cash is a wonderful term.

 

[Beco]

UD is still using last years Obama talking points.

there is supposed to be a jobs annoucment comng, worst so far

 

[Ulaven_Demorte]

You're black?

Reading comprehension isn't a strength of yours huh?

 

[Ulaven_Demorte]

there is supposed to be a jobs annoucment comng, worst so far

The worst so far? Really?

You expect job losses to exceed the losses of 4Q 2008 and 1Q 2009? You really aren't paying attention huh?

 

[Beco]

The worst so far? Really?

You expect job losses to exceed the losses of 4Q 2008 and 1Q 2009? You really aren't paying attention huh?

You want to tell me about how the housing market is doing well ?

 

[unregistered]

 

[Ham Murabi]

For what it's worth, and it's probably not a lot, my money guy said the market is stable because business has tightened up and cut the fat. Lean and mean.
When does the economy expand? My guess is it will happen after business stops worrying when the next shoe will drop - Capntax and Obamacare being two prime examples.
The other really big shoe is that group of Dems and Pubs appointed to address the deficit. Would anyone be surprised if this illustrious group decides the only way to deal with the deficit and the debt is to raise taxes rather than shrink government?

 

[Ulaven_Demorte]

You want to tell me about how the housing market is doing well ?

Rather than change the subject why not stick to your guns on the last bullshit statement you made.

You said "there is supposed to be a jobs annoucment comng, worst so far ".

I can say with absolute certainty that you have no idea what the fuck you're talking about.

 

[Ulaven_Demorte]

When the last 10 are laid off he'll tell us that's the least amount so far.

Ah, so your position is that job loss numbers have started reversing in the past few months because there just aren't any more jobs to be lost?

 

[koalabear]

Before we release the new jobs numbers we have one thing to say. We blame the snow.

 

[RightField]

The other really big shoe is that group of Dems and Pubs appointed to address the deficit. Would anyone be surprised if this illustrious group decides the only way to deal with the deficit and the debt is to raise taxes rather than shrink government?

Yeah, it's pretty obvious. This is a scheme so the dems can say "look, a bipartisan commission recommended raising taxes" even if every one of the minority party recommends reducing spending instead.

 

[firespin]

Ah, so your position is that job loss numbers have started reversing in the past few months because there just aren't any more jobs to be lost?

Your position is that the current high unemployment numbers represent a more favorable economic climate than the situation a year ago, when more people had a job.

How is that a sensible position?

Things may not be getting worse, but more people are still out of work.

 

[Ulaven_Demorte]

Your position is that the current high unemployment numbers represent a more favorable economic climate than the situation a year ago, when more people had a job.

How is that a sensible position?

Things may not be getting worse, but more people are still out of work.

I'll type more slowly for you Firepun.

The fact that job losses have slowed to a trickle over the past several months is a good sign that the economy is on the road to recovery. As a lagging indicator of economic recovery job creation numbers will still take some time to show improvement, but at least things aren't getting worse. It's a marked improvement over 4Q 2008 and 1Q 2009 job numbers.

Also, if you look at the actual numbers vs. historical unemployment numbers our current situation isn't nearly as bad as previous recession periods.

In terms of raw numbers, the U.S. economy lost the most jobs since 1945.

But as a percentage decline, it’s nowhere near as bad, considering the population of 305 million today is almost double that of 1945.