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Conservatives tend to do that, when the facts speak for themselves.
Liberals on the other hand, prefer to bury their heads in the sand.
As for govt cutting spending, where did you come up with that lie?
conservatives decided President Obama was bad for the economy win he won the election and before he was sworn in as President.
That conservative conclusion precludes any objective look at facts.
BY ERIC MORATH AND SARAH PORTLOCK
The U.S. economy grew slightly in the fourth quarter of 2012—a reversal from an initial report of contraction—as government spending cuts mostly masked fundamentals that point to stronger growth this year.
The nation's gross domestic product, a measure of all goods and services produced in the economy, advanced at a 0.1% annual rate between October and December, the Commerce Department said Thursday. The figure was revised up from an initially estimated 0.1% downturn.
The meager showing last quarter underscored that government spending cuts are slowing the recovery's momentum. And the budget slashing is likely to continue with $85 billion in ...
conservatives decided President Obama was bad for the economy win he won the election and before he was sworn in as President.
That conservative conclusion precludes any objective look at facts.
BY ERIC MORATH AND SARAH PORTLOCK
The U.S. economy grew slightly in the fourth quarter of 2012—a reversal from an initial report of contraction—as government spending cuts mostly masked fundamentals that point to stronger growth this year.
The nation's gross domestic product, a measure of all goods and services produced in the economy, advanced at a 0.1% annual rate between October and December, the Commerce Department said Thursday. The figure was revised up from an initially estimated 0.1% downturn.
The meager showing last quarter underscored that government spending cuts are slowing the recovery's momentum. And the budget slashing is likely to continue with $85 billion in ...
Wall Street Journal
Sometimes the truth hurts. Please refer to "bury head in sand" with regards to deciding that Obama was bad for the economy.
On what planet exactly does a GDP of 0.1% mean a recovery?
As for government spending being the cause of a slow recovery, conveniently ignored is the tax increases put into place.
LOL. I am the one looking at cold hard facts, while you are the one walking around the block to conclude how the entire state, or better yet the country is doing. heh-heh
I have lived in South Florida since 1981 and part of my business is involved in home building. I do lot clearing, lot preparation, underground work, septic systems, and landscaping. I also work with investors who flip houses. They are all from foreign countries, mostly China and South America.
There are tons of houses just waiting to be put on the market, many reasons for that and I don't have the time to explain why but very interesting when you find the truth, all bank owned. I see many empty houses all over the place and I work from Marco Island to Port Charlotte.
The market has not recovered, it's just chugging along. When it crashed things were at a standstill for awhile but then houses got so cheap people with money could not say no. In 2008-2011 my business was very, very slow. Last year it picked up, nothing fantastic but stayed halfway busy. Things are about the same now. The only reason my business picked up is most of my competitors have went out of business. They thought the boom years would last forever and we know how that turned out.
I do business with people on the East side of the state and they pretty much see it the same way I do.
Now you wouldn't by chance be a Realtor or property flipper? But I do like your optimism. I want to make some money.
For years now....that must add up to dozens of walks around that block of yours. You are still ignoring the cold hard facts, and replacing them with your personal opinon. That's cool, whatever makes you happy
Enough of all the repetition. Enjoy your day.
Finn,, JP Morgan says there is lot more coming on the market.. is that walking around the block?.. as you seem to have no answers to facts , Facts wiped your synopsis out.
I have lived in South Florida since 1981 and part of my business is involved in home building. I do lot clearing, lot preparation, underground work, septic systems, and landscaping. I also work with investors who flip houses. They are all from foreign countries, mostly China and South America.
There are tons of houses just waiting to be put on the market, many reasons for that and I don't have the time to explain why but very interesting when you find the truth, all bank owned. I see many empty houses all over the place and I work from Marco Island to Port Charlotte.
The market has not recovered, it's just chugging along. When it crashed things were at a standstill for awhile but then houses got so cheap people with money could not say no. In 2008-2011 my business was very, very slow. Last year it picked up, nothing fantastic but stayed halfway busy. Things are about the same now. The only reason my business picked up is most of my competitors have went out of business. They thought the boom years would last forever and we know how that turned out.
I do business with people on the East side of the state and they pretty much see it the same way I do.
Now you wouldn't by chance be a Realtor or property flipper? But I do like your optimism. I want to make some money.
I flipped a town house in Ft Myers back during the boom days, but it went south pretty fast after that. No, it is not accurate to say all investors are foreigners. It is actually getting pretty tough to find good deals over here in SE Florida, because properties don't stay in the market. My wife is a realtor, and her clients are very frustrated because they put in offers for properties, even above the asking price, only to hear the property is already under contract.
No, the market has not recovered, but is definitely recovering. See the Miami Herald article I posted, and the numbers about Orlando. I am putting my money where my mouth is, and I plan to buy as many properties as I can. You can rent them out and even with 1 br unit you can recover your cost, and put $300+ in the pocket.
Finn,, JP Morgan says there is lot more coming on the market.. is that walking around the block?.. as you seem to have no answers to facts , Facts wiped your synopsis out.
Take advantage of them. That's my advice for you. I have shown you things are picking up, and all you can do is scratch and scrape to find something negative to say. You seem to thrive of negativity, but you really should look into how to improve your situation as opposed to complain about everything.
Sometimes the truth hurts. Please refer to "bury head in sand" with regards to deciding that Obama was bad for the economy.
On what planet exactly does a GDP of 0.1% mean a recovery?
As for government spending being the cause of a slow recovery, conveniently ignored is the tax increases put into place.
You aren't paying attention, the economy grew at 3.1% in the third quarter. In the 4th quarter, in part because of government spending on the military dropping and state and local government spending dropping those factors were a huge drag on the economy.
This is not my opinion, this is the reporting of Wall street Journal reporters.
There were no tax increases in the 4th quarter of this past year. Are you being serious?
Take advantage of them. That's my advice for you. I have shown you things are picking up, and all you can do is scratch and scrape to find something negative to say. You seem to thrive of negativity, but you really should look into how to improve your situation as opposed to complain about everything.
What I post is the truth.. The good side as I posted, people can buy a bargain home today in Florida.. they keep coming..the foreclosures.. Retirees don't need a job so they can move here and do well.
The last house to sell in my neighborhood was an investment firm that has bought up over 100 homes in my area.. they got this one in my neighborhood at an auction... Many homes are being grabbed by investors before they hit the market with speculation that the market will increase value sooner or later.
I am purchasing a lot behind my home for a few thousand dollars. the lots at one time were selling for 80 thousand and up during the boom years.
There are many foreigners buying homes in Florida as well. The Euro is stronger than the dollar so they can get a home for less euros than dollars.
In 2009 with so many homes on the market, the better homes when like hot cakes. I was fortunate to get a never lived in home for 25% of what the builders got to build it. It was an REO bank owned and I got to walk through it.
Cash buyers do better than one who needs a mortgage.The banks like cash buyers. My realtor put her house into foreclosure and went out of business as well. So tell me how great it is..
I think it has everything to do with the improvement in our economy. The Government has been doing nothing but intervening in our so-called free market. You are spot on regarding the devaluing of our currency by the Federal Reserve, which in return we get hyperinflation. The Government has been doing nothing but pumping money into various markets so that they can keep from going under. This affects all areas, all bubbles, all things that are supposed to be financial sound and sovereign.
If you don't believe that everything is interconnected, then tell me how did the Global Financial Crisis happen??
It is generally recognized that the genesis of the so-called "Great Recession" was the massive explosion of The United States Of Idiocracies housing bubble.
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