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

[RobDownSouth]

Beijing is preparing to kick in the world's rotting economic gates like tipping over the first domino...

Wait....wait....

Are you saying this?
Are you commenting on this?
Or are you merely just "passing this along"?
© 2012 Personal Reponsibility Avoidance, inc.

Hmmm?

 

[trysail]

Federal Budget Surplus or Deficit:

http://research.stlouisfed.org/fredgraph.png?g=aQs




St. Louis Federal Reserve Bank calculation of the Adjusted Monetary Base (i.e., the "Money Supply"):

http://research.stlouisfed.org/fredgraph.png?g=aQt




Yield spread between Moody's BAA-rated bonds and AAA-rated bonds:

http://research.stlouisfed.org/fredgraph.png?g=aQi



http://research.stlouisfed.org/fredgraph.png?g=aQj




Yield-to-maturity ("YTM") spreads between U.S. Treasury bonds:
____ 20-year YTM less 1-year YTM
____ 10-year YTM less 1-year YTM
____ 5-year YTM less 1-year YTM

http://research.stlouisfed.org/fredgraph.png?g=aQk






The annualized interest rate of Federal funds less the annualized rate of change of the Consumer Price Index ( a negative
number means that the Federal Reserve's short-term interest rates are below the rate of inflation):

http://research.stlouisfed.org/fredgraph.png?g=aQl





The difference between the current yield-to-maturity ("YTM") of the 5-year U.S. Treasury note and the trailing annualized
rate of change of the Consumer Price Index (a negative number means that the YTM of the 5-year U.S. Treasury note is
less than the rate of inflation) :

http://research.stlouisfed.org/fredgraph.png?g=aQm





The ratio of market value of equities to GDP (as of April):

http://research.stlouisfed.org/fredgraph.png?g=aQn​

 

[trysail]

We are playing with fire— and it may already be too late. Between the Federal budget deficit and the monetary bonfire, the law of unintended consequences has enormous latitude to operate. Can you spell "Weimar Republic?"

Do you know what happened in Zimbabwe?


The choice to avoid short term pain will have serious and profound long term consequences.

Q: Is there a long term price to pay for adding so much money?

A: Right now consumers and investors lack the confidence to spend or invest. Money just sits there. At some point in time, hopefully, that will change and the velocity of money will rise. Over time that will mean more money chasing the same goods and services. We call that inflation. The remedy would be for the Fed to suck that money back in by selling assets from its bloated balance sheet. If the Fed times its actions right, you get the Goldilocks scenario. But if it waits too long, then we end up with higher inflation, higher interest rates and a weaker dollar. The good news is that inflation cheapens the value of our outstanding debt. It makes paying it off a little easier. The bad news is that higher interest rates will cause Federal debt service costs to skyrocket and will choke off the ability of government to spend elsewhere.


Q: When is the day of reckoning likely to occur?

A: Not before the output gap in our economy closes, not before confidence rebuilds, and not before average hourly wages begin to rise meaningfully. That almost certainly won’t happen in 2013. If our economy recovery continues, perhaps the time will come in 2014 or 2015 but it may not occur for several more years.

 

[Busybody]

Q: When is the day of reckoning likely to occur?

When Obama will be long gone.......

he will be making speeches and banking millions as Clinton did, and we will be fucked

same with OBAMACARE, the worst parts will start when he is gone

HE DOESNT GIVE A SHIT

 

[Busybody]

NUFF

SAID


http://moonbattery.com/Obama-Months-Unemployment.jpg

 

[VaticanAssassin]

Federal Budget Surplus or Deficit:






St. Louis Federal Reserve Bank calculation of the Adjusted Monetary Base (i.e., the "Money Supply"):





Yield spread between Moody's BAA-rated bonds and AAA-rated bonds:









Yield-to-maturity ("YTM") spreads between U.S. Treasury bonds:
____ 20-year YTM less 1-year YTM
____ 10-year YTM less 1-year YTM
____ 5-year YTM less 1-year YTM



The annualized interest rate of Federal funds less the annualized rate of change of the Consumer Price Index ( a negative
number means that the Federal Reserve's short-term interest rates are below the rate of inflation):







The difference between the current yield-to-maturity ("YTM") of the 5-year U.S. Treasury note and the trailing annualized
rate of change of the Consumer Price Index (a negative number means that the YTM of the 5-year U.S. Treasury note is
less than the rate of inflation) :




The ratio of market value of equities to GDP (as of April):

http://research.stlouisfed.org/fredgraph.png?g=aQn​

All good info.... But it is waisted on the majority.

 

[mercury14]

Do you know what happened in Zimbabwe?

A bunch of shit that's not happening here.

 

[koalabear]

Wait....wait....

Are you saying this?
Are you commenting on this?
Or are you merely just "passing this along"?
© 2012 Personal Reponsibility Avoidance, inc.

Hmmm?

You would know. http://i305.photobucket.com/albums/nn233/koalabear_photo/haha4.gif

 

[Busybody]

All good info.... But it is waisted on the majority.

pssssssssst

wasted

 

[richard_daily]

A bunch of shit that's not happening here.

Someone should bring up Somalia or Haiti.

 

[Busybody]

Report: Median Income Worse Now Than During Great Recession



FOX Nation

Report: Median Income Worse Now Than It Was During Great Recession

WASHINGTON (CBSDC) — A new report put out by the Pew Research Center finds that the median income is worse now than it was during the Great Recession.

According to Pew, the Census Bureau showed that the median income for American households in 2009 – the official end of the Great Recession – was $52,195 (in 2011 dollars), while the median income dipped to $50,054 last year, falling 4.1 percent over two years.

 

[unregistered]

 

[RobDownSouth]

All good info.... But it is waisted on the majority.

Waisted (sic) indeed. All those shiny, pretty graphs.

 

[Busybody]

80 million hours needed to tackle Obamacare tax rules



WA Examiner

A week after small businesses warned that Obamacare taxes will eat up to half of their profits, a new government report reveals that simply complying with the new tax rules in the health care act will cost American families and businesses nearly 80 million hours–essentially a whole new tax.

Based on Internal Revenue Service figures, the House Committee on Ways and Means has compiled an estimate of the total amount of hours it will take to comply with the tax rules. The bottom line: 79,229,503 hours, most of which will fall on small businesses.

For fun, the committee gave a comparative example.

“So, what can be done in 79,229,503 hours? The Empire State building, which took 7 million man-hours to build, could be constructed 11 times. The Curiosity Lander could travel from Earth to Mars 13,048 times. Halley’s comet, seen from Earth once every 76 years, could be spotted 119 times.”

 

[Busybody]

Hope And Change: America Drops To 18th Most Economically Free Country…




Sadly, he probably sees this as an accomplishment.

Via Daily Caller:


At its pinnacle in 2000, the United States ranked second in the world for economic freedom. In the latest report on world economic freedom from the Fraser Institute, the U.S. has now dropped all the way down to 18th, falling behind countries like Bahrain, the United Arab Emirates, Estonia, Taiwan and Qatar.

The decline did not happen overnight. “This entire decade we’ve been sliding towards this 18th ranking,” report author Joshua Hall explained to The Daily Caller News Foundation.

By 2005, the United States had already dropped to eighth in economic freedom. In 2009, the U.S. fell behind welfare state countries like Denmark, Finland and Canada.

“When people think of Canada, they think of socialized medicine, but in many facets of life, Canada is a lot more economically free than the United States,” said Hall.

The annual report uses 42 different variables that can be categorized into five distinct categories: size of government, legal system and property rights, sound money, freedom of trade internationally and regulation.

 

[Ulaven_Demorte]

80 million hours needed to tackle Obamacare tax rules



WA Examiner

A week after small businesses warned that Obamacare taxes will eat up to half of their profits, a new government report reveals that simply complying with the new tax rules in the health care act will cost American families and businesses nearly 80 million hours–essentially a whole new tax.

Based on Internal Revenue Service figures, the House Committee on Ways and Means has compiled an estimate of the total amount of hours it will take to comply with the tax rules. The bottom line: 79,229,503 hours, most of which will fall on small businesses.

For fun, the committee gave a comparative example.

“So, what can be done in 79,229,503 hours? The Empire State building, which took 7 million man-hours to build, could be constructed 11 times. The Curiosity Lander could travel from Earth to Mars 13,048 times. Halley’s comet, seen from Earth once every 76 years, could be spotted 119 times.”

That sounds like a lot...

Until you look at this.
According to 2006 American Community Survey, there are an estimated 152,193,214 adults 16 years and over in the labor force

Less than 1 hour per adult 16 and over, in fact barely over 1/2 hour..

*yawn*

 

[unregistered]

 

[richard_daily]

In addition to all the other rules and regs American fritter their time away on.

Speaking of frittering their time away, congrats on 100,000 posts, grandpa jeans!

 

[unregistered]

 

[richard_daily]

I was going to make you all happy and retire from Lit at 100K, but I decided to torment you further until sometime after the election.

You don't have anything else to do with your life, so I'm sure you'll be here well until after the election...

And you hardly torment me, lib tosser... but I'm glad that I'm a motivating factor in your life. You do need something to keep you going.

 

[unregistered]

 

[Busybody]

That sounds like a lot...

Until you look at this.
According to 2006 American Community Survey, there are an estimated 152,193,214 adults 16 years and over in the labor force

Less than 1 hour per adult 16 and over, in fact barely over 1/2 hour..

*yawn*

clearly you are NOT playing with a full deck

1-The survey you cite is 6 trs old, its lower now

2-While spread over the WHO WORKING population it MAY seem meaningless.....nevertheless its meaninful as it distracts from real work

3-Im sure YOU CAN read, cause it clearly STATES.....that it is NOT spread over teh ENTIRE WORKING POPULATION OF THE US, rather mostly small business.......a few million at MOST.....clearly your comment was inane


Can you never ever admit

that

something

IS WRONG?

must you ALWAYS defend that which SHOULD NOT BE DEFENDED?

ARE YOU TRULY THAT MINDLESS?

 

[Busybody]

UNEXPECTEDLY! More Americans Than Forecast Filed Jobless Claims Last Week.“Jobless claims decreased by 3,000 in the week ended Sept. 15 to 382,000, Labor Department figures showed today in Washington. The median forecast of 49 economists surveyed by Bloomberg projected 375,000.” And if history is any guide, they’ll be revised upward next week.

UPDATE: More:“Today’s initial claims print was the 5th week out of 6 in which expectations missed: instead of coming in at the consensus number of 375K, down from last week’s 382K, the BLS reported a miss to expectations of 7K, resulting in a seasonally adjusted number of 382K, or what is now once again secular shift higher. But, wait big miss was actually good news: why? Because the ever data-massaging BLS was kind enough to revise last week’s print upward (for the 86th week in a row) from 382K to 385K (just as we predicted last week) which in turn led to such farcical headlines as U.S. weekly jobless claims drop slightly to 382,000 from the WSJ.” Yeah, this pattern with the revisions is so consistent, it’s almost suspicious. Note the damning graph on headlines vs. revisions at the link.

 

[Busybody]

Who cares?

Clinton says Obama has a PLAN!


Odds Of Avoiding Recession: One In Thirty





We have seen a number of leading indicators recently (for example, we were first to note the FedEx implications for GDP) that point to a rapidly rising probability of recession. Today, via Bloomberg Brief, is a look inside the Philly Fed state economic indexes. To be specific, we look at the six-month ahead outlook for each state. Only once in the last 30 years did 20 states possess a negative outlook and the overall economy avoid recession.

 

[Busybody]

When Bushco kept reporting unemployemnt at 5% or so

YOU ALL SCREAMED MANIPULATION.....


Now we have this......UTTER OUTRIGHT LIES

Initial Claims Print Is So Bad, It Is Actually Good, That Market Sees It As Bad





Today's initial claims print was the 5th week out of 6 in which expectations missed: instead of coming in at the consensus number of 375K, down from last week's 382K, the BLS reported a miss to expectations of 7K, resulting in a seasonally adjusted number of 382K, or what is now once again secular shift higher. But, wait big miss was actually good news: why? Because the ever data-massaging BLS was kind enough to revise last week's print upward (for the 86th week in a row) from 382K to 385K (just as we predicted last week) which in turn led to such farcical headlines as " U.S. weekly jobless claims drop slightly to 382,000" from the WSJ. And so bad news is now great headlines: Orwell would be proud. Here is an alternative and realistic headline: "Initial Claims Rise Post Next Week's Upward Revision."