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Name:   MartiniMan - Email Member
Subject:   Archie, what's the latest on jobless claims?
Date:   10/30/2014 10:33:25 AM

Funny you never post those numbers.  Let me help you out here.  Rose to 287,000.  No surprise to those of us that are economically literate.  But fear not, we will some day in the future have some faux positive economic news for you to drive by with.  Always good for a laugher.





Name:   GoneFishin - Email Member
Subject:   Hey Doom and Gloom
Date:   10/30/2014 3:55:45 PM

Arch is too busy earning a living to respond. However, I will keep it simple so even Right can understand:

From FOX:

New claims for unemployment benefits increased by 3,000 last week to 287,000, the U.S. Labor Department reported Thursday.

Despite the slight increase, which countered analysts' expectation of a drop to 281,000, jobless claims remain at historically low levels, reflecting a strengthening labor market.

New claims have remained below the 300,000 threshold for seven straight weeks for the first time since the end of the Great Recession.

From Bloomberg

Amidst global economic instability, the U.S. economy continued to grow in the third quarter. Its gross domestic product grew at an annual rate of 3.5 percent, beating the consensus estimate of Bloomberg-surveyed economists, who called for an expansion of 3 percent.

The released Thursday is the Commerce Department’s first estimate of economic growth for the July through September period; it’ll issue two more estimates that reflect updated data. This quarter’s growth was buttressed by household spending, exports, government spending and what’s called nonresidential fixed investment, or plant construction and equipment purchasing.

 

 





Name:   MartiniMan - Email Member
Subject:   Just being fair and balanced
Date:   10/30/2014 4:22:06 PM (updated 10/30/2014 4:26:25 PM)

So almost 300,000 people losing their job in one week is good news?!?!?  Wow, have we really fallen that far?  Amazing the low expectations you have for dear leader......why is that?  I guess when you lower expectations that much pretty much anything makes you feel better.  As for me, I think labor participation rates at 1970's levels is probably not a good thing but I do realize Dems rely on voters being attached to the government teet so they have a different perspective.

But as we move closer to GOP control of the House and Senate and the end of our 8 year nightmare I do expect the economy to improve unless of course we have another recession after 6 years of the worst recovery since the Depression......but again, if you have low expectations for the black guy this all seems good to you doesn't it?  Very sad......





Name:   MartiniMan - Email Member
Subject:   And now consumer spending plummets
Date:   10/31/2014 10:04:22 AM

Just another piece of evidence that the economy continues to struggle when we should be roaring.  C'mon GF, after 6 years of Obola can't you at least admit that the economy ought to be doing better if his policies were right?  It is undeniable that this has been the worst recoevery since the Depression.  And it is undeniable that dear leader has followed many of the very same ruinous polcies that FDR implemented.  And we get the same pathetic results.  Have a shred of intellectual honesty here.





Name:   GoneFishin - Email Member
Subject:   The Rest of The Story
Date:   10/31/2014 12:44:01 PM

(Reuters) - U.S. consumer spending fell for the first time in eight months in September, but a rise in consumer sentiment to more than a seven-year high this month indicated economic growth would remain on solid ground.

The economic picture also received a boost from other data on Friday showing factory activity in the Midwest accelerated sharply in October, while wages in the third quarter recorded their largest increase in more than six years. Strong wage growth has been the missing piece of the recovery puzzle.

"The fundamentals of the economy remain very strong, the conditions are in place for continued above-trend growth," said Gus Faucher, a senior economist at PNC Financial Services in Pittsburgh.

Watch the Right take credit after they take control of the Senate.

 





Name:   MartiniMan - Email Member
Subject:   Too late....we are already taking credit
Date:   10/31/2014 1:56:42 PM

And rightly so.  I suppose its just a coincidence that all your happy thoughts about the economy are coming around the time that the conventional thinking is that the GOP will pick up some seats in the House and regain control of the Senate therby rendering Obola irrelvant for the last two years of his failed presidency.  But more to the point, it is more likely than not that we are headed into another recession as it has been more than 54 months since this pathetic recovery allegedly began.

But the rest of your story ignores the facts......this has been the worst recovery in 50 years, labor participation is at a 40 year low, the middle class (as Joe Biteme pointed out) has been totally left behind, we have record debt despite record revenues to the treasury and so on.  But here's the deal GF, the American people understand what is really happening because they see it in their own lives and those of their friends and family.  That you left wing nuts have such low expectations for our president says more about your soft bigotry and idolotry than anything else.





Name:   CAT BOAT - Email Member
Subject:   Too late....we are already taking credit
Date:   10/31/2014 2:34:51 PM

OBOLA.....    Now thats sum funny chit rite there.  lmao. 

 





Name:   GoneFishin - Email Member
Subject:   Too late....we are already taking credit
Date:   10/31/2014 3:55:45 PM

Gonna be interesting to see how many vetoes Obola sends back to Congress the next 2 years. Gonna drive the lazy right wings nuts crazy. Haven't heard much about getting rid of Obola Care lately. Guess the lazy Right likes to have their kids covered until 26. 

 

Billary 2016





Name:   au67 - Email Member
Subject:   You must get this look quite often
Date:   11/2/2014 9:27:39 PM









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