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OP probably works for Obama as a full time spin doctor. You sound just like Robert Gibbs, please enough of the lies!
Did you think of that yourself? Clever.
Hmmm - this is your home town paper, right?
"A majority of Iowa's largest employers said Tuesday they expect sales, capital investment and hiring to improve or remain steady in the next six months.
...
The council's report showed 10 companies expect to hire more workers and seven companies see no change in employment."
Well, the economy is recovering whether you like it or not.
The only questions are - how much and how fast?
Ken
Hey, I wish it was too. I would be thrilled if it was as I was hit by it myself. By reading your posts, I can tell you are most likely a 22 year old kid just out of college who thinks they know it all. Unfortunately, you have been lied to big time. We are going into a huge depression that will exceed the Great Depression of 1929. There is no getting out of it with the severe debt we are now in.
So AIRCRAFT ORDERS are not FACTORY ORDERS?
Last I heard, aircraft are produced in factories - and in fact commerical aircraft are one of America's TOP EXPORTS. In 2007 commercial aircraft was #2 (2nd only to semiconductors in regards to US exports). In 2008 aircraft orders were #1 (with semiconductors #2). In 2009 commerical aircraft was AGAIN #1 (with medicines #2 and semiconductors #3).
Top US Imports & Exports 2009: Civilian Aircraft and Military Equipment Lead American Export Sales (http://import-export.suite101.com/article.cfm/top-us-imports--exports-2009 - broken link)
America's Top Imports & Exports 2008: U.S. Shows Trade Advantages in Civilian Aircraft and Semiconductors (http://import-export.suite101.com/article.cfm/americas_top_imports_exports_2008 - broken link) Top American Exports in 2007: Leading USA Products Include Semiconductors and Civilian Aircraft
So petroleum and chemical products are not produced in factories?
Those products are produced in factories TOO.
Seems to me that CISCO is VERY HAPPY with their factory orders. Same is true for Caterpillar. BOTH of which have ALREADY boosted their hiring. Look at car orders, they are up AS WELL.
Ken
Well Ken, I go the next level deeper to see behind the numbers and it tells me that inventories are increasing but not due to consumer demand but corporate demand. We need consumer demand to really drive a recovery.
Well Ken, I go the next level deeper to see behind the numbers and it tells me that inventories are increasing but not due to consumer demand but corporate demand. We need consumer demand to really drive a recovery.
The consumer demand is just not there yet.
Actually consumer demand is increasing too - BUT you ARE right that the MAJOR driver in this recovery WILL be corporate demand rather than consumer demand. That's not necessarily a bad thing though. Increasing corporate demand WILL lead to an increase in jobs, which in turn will lead to increased consumer demand. In any event, I don't really care WHO leads the way - as long as the way is FORWARD.
Hey, I wish it was too. I would be thrilled if it was as I was hit by it myself. By reading your posts, I can tell you are most likely a 22 year old kid just out of college who thinks they know it all.
Wrong AGAIN.
I'm and old fart - a recently retired IT professional.
Ken
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