Off-Topic: OK MM
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Name:   architect The author of this post is registered as a member - Email Member
Subject:   OK MM
Date:   3/2/2013 9:10:25 AM (updated 3/2/2013 9:22:34 AM)

Let's agree, you are correct, it must be considered bad economic news when personal income takes an unexpectedly large drop relative to the previous month when it there was an unexpectedly big jump...got it.  Then how do you interpret last Thursday's unexpectedly large drop (22,000) in unemployment insurance claims relative to the 2 previous week's claims which were generally in line with expectations...would you consider it good news or "who cares why"?

BTW:  Last week's new unemployment claims were less than half of the typical weekly slide in W's final months (final year come to think of it) and is at a figure which typically, if sustained, forecast moderately robust employment growth. Now Obama deserves little if any credit and W deserves little if any blame, but the FACT is...things are much better , at least in the direction we are heading, in early 2013 than in late 2008!

PS:  MM just for the heck of it try to be "fair and balance" on occasion when you review, interpret and comment on the news...economic and otherwise.
Other messages in this thread:View Entire Thread
Biggest monthly income drop in 20 years - MartiniMan - 3/1/2013 11:51:58 AM
     Biggest monthly income drop in 20 years - GoneFishin - 3/1/2013 2:03:59 PM
          Wrong headline - MartiniMan - 3/1/2013 2:23:24 PM
               Wrong headline - GoneFishin - 3/1/2013 4:20:48 PM
                    Which bad economic news? - MartiniMan - 3/1/2013 8:35:17 PM
                         Which bad economic news? - GoneFishin - 3/1/2013 9:48:42 PM
                              Your turn MM? - architect - 3/1/2013 10:08:06 PM
                                   Your turn will come MM - GoneFishin - 3/1/2013 10:17:43 PM
                              Who cares why? - MartiniMan - 3/2/2013 7:56:34 AM
                                   OK MM - architect - 3/2/2013 9:10:25 AM
                                        You're happy about that?!?!? - MartiniMan - 3/2/2013 10:12:17 AM
                                             Why is it MM - architect - 3/2/2013 1:25:24 PM
                                                  Why is it MM - comrade - 3/2/2013 4:37:33 PM
                                                  The left is living in fantasy land, not me - MartiniMan - 3/2/2013 4:59:38 PM
                                                       MM - architect - 3/3/2013 10:22:31 AM
                                                            ya know MM - architect - 3/3/2013 10:40:25 AM
                                                            Sigh....... - MartiniMan - 3/4/2013 9:17:10 PM
                                                                 Sigh.......indeed - architect - 3/5/2013 9:52:09 PM
                                                                      Sorry but the numbers don't work - MartiniMan - 3/6/2013 10:47:29 AM


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