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Stocks give back some of previous day's big gains - Yahoo! Finance (http://finance.yahoo.com/news/Stock-futures-point-to-apf-4133222732.html?x=0&sec=topStories&pos=main&asset= &ccode - broken link)=
Consumer sentiment slips in October
Consumer sentiment slips in October: survey - Yahoo! Finance (http://finance.yahoo.com/news/Consumer-sentiment-slips-in-rb-660245976.html?x=0&sec=topStories&pos=1&asset=&cco de - broken link)=
So, you must understand that lagging indicators, such as consumer spending and employment, always follow initial growth. And, you admit that the economy is growing (as per latest economic figures and your final link) but are basing your accusation on a fear that it may sink in the future... Okay.
Have you ever considered that your ego is so vested in this rage against our president that you actively wish for our country to fail just so you can continue to post screeds against Obama?
I mean this seriously and not as an insult. I wish you would get with the rest of us and help pull our economy out. No president has ever been able to control an entire economy, but they can help it along. We have to do the rest.
Reagan's policies took over two years to work, as unemployment peaked in the third year of his presidency. Something tells me that you wouldn't have been hounding him like you are Obama.
Give it time and give our country a chance. Enough with the endless attacks. We're all in this boat together. You can't sink half a boat.
Stocks give back some of previous day's big gains - Yahoo! Finance (http://finance.yahoo.com/news/Stock-futures-point-to-apf-4133222732.html?x=0&sec=topStories&pos=main&asset= &ccode - broken link)=
Consumer sentiment slips in October
Consumer sentiment slips in October: survey - Yahoo! Finance (http://finance.yahoo.com/news/Consumer-sentiment-slips-in-rb-660245976.html?x=0&sec=topStories&pos=1&asset=&cco de - broken link)=
More wishful thinking on the part of the "Chicken Little" Obamabashers.
In ANY recovery consumer confidence and spending is the LAST thing to recover - and recovery is always choppy and uneven, with indicators rising one month, then dipping a bit the following month before rising again the next month - and it's no different this time around.
More wishful thinking on the part of the "Chicken Little" Obamabashers.
In ANY recovery consumer confidence and spending is the LAST thing to recover - and recovery is always choppy and uneven, with indicators rising one month, then dipping a bit the following month before rising again the next month - and it's no different this time around.
Things will be fine.
Ken
Are you willing to guarantee that statement of yours with anything of material worth? Or should we just take your word for it?
Are you willing to guarantee that statement of yours with anything of material worth? Or should we just take your word for it?
I ALREADY have. After getting out of the market for a bit late last year, I jumped back in big time in March (and in that time recovered everything I lost during the last 18 months of the Bush years).
"Wall Street stumbled Wednesday as unexpected weakness in the housing market and a slide in oil prices weighed on stocks."
"After rising for five consecutive months, new-home sales fell 3.6 percent in September from the previous month, to a seasonally adjusted annual rate of 402,000, according to Commerce Department data released Wednesday. Analysts had expected sales to rise. Sales were down 7.8 percent compared with September 2008."
The Stock Market is NOT the economy. The rich continue to play the investors as fools. Harry Reid makes an announcement they buy Health care on margin, Lieberman counters they ride it up and sell.
The content is not as important as the timing.
I'll hold out cautious optimism for now. For every new headline touting "recovery underway," there is a new headline that contradicts it.
Oh, don't worry about that.. the system was only created that way to fool the masses into hating one another because each one think the other is wrong..
So, you must understand that lagging indicators, such as consumer spending and employment, always follow initial growth.
IMO a lot of concern is based on the fact that a good portion of that GDP was based on government spending. If that spark doesn't kickstart the economy, then what, Stimulus 2,3,4,5,6? On top of the massive burden of healthcare and the wallop coming from cap and trade? This isn't a free-market ideology running Washington now, they appear to be very comfortable with government control of, well, everything. You can't hit your populace with massive taxes and then spend your way to recovery.
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