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Old 02-01-2013, 06:14 PM
 
48,502 posts, read 96,886,289 times
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No one needs to root for nayt yhting we are just goig no where with GDP and related unemloyemnt rates. this si slowest recover ever from a recession and only the FED is running the game.Only thing the government is going is borrowing and spending more money.No grwoth and no jobs which need to be at 200-300K per month to get to near normal levels anytime soon.
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Old 02-01-2013, 07:39 PM
 
Location: NJ
18,665 posts, read 19,977,520 times
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Quote:
Originally Posted by camaro69 View Post
Well, this is a good way to start....NOT

No Obama Bounce: Dow Falls 332, Ends Below 8K - FOXBusiness.com (http://www.foxbusiness.com/story/mar...-inauguration/ - broken link)

What say you now?
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Old 02-01-2013, 08:57 PM
 
Location: On the "Left Coast", somewhere in "the Land of Fruits & Nuts"
8,852 posts, read 10,461,442 times
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Quote:
Originally Posted by texdav View Post
No one needs to root for nayt yhting we are just goig no where with GDP and related unemloyemnt rates. this si slowest recover ever from a recession and only the FED is running the game.Only thing the government is going is borrowing and spending more money.No grwoth and no jobs which need to be at 200-300K per month to get to near normal levels anytime soon.
That's always the standard conservative spin isn't it.... that everything's either all doom-and-gloom (aka ''the sky is falling''), or else it's the typical backhanded, ''but things aren't improving fast enough''?!

Last edited by mateo45; 02-01-2013 at 09:07 PM..
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Old 02-02-2013, 08:04 AM
 
910 posts, read 1,319,551 times
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Quote:
Originally Posted by mateo45 View Post
That's always the standard conservative spin isn't it.... that everything's either all doom-and-gloom (aka ''the sky is falling''), or else it's the typical backhanded, ''but things aren't improving fast enough''?!
Things aren't improving fast enough though. Obviously a lot has to do with both the intransigence of team red but also the watered-down austerity fans and deficit kooks and FIRE sector bootlickers among team blue. One poster or one side being wholly wrong about pretty much everything doesn't negate the fact the Dow is meaningless as a measurement of economic health.
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Old 02-02-2013, 09:23 AM
 
Location: On the "Left Coast", somewhere in "the Land of Fruits & Nuts"
8,852 posts, read 10,461,442 times
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Objectively, would agree re: the moment... although the point is that even under the best of conditions, we're never gonna hear the GOP give due credit or admit that the glass might be "half full" (although in certain cases they might be known to go, "Mission Accomplished", or even "Heck of a job, Brownie")!
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Old 02-02-2013, 01:26 PM
 
13,900 posts, read 9,776,811 times
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Quote:
Originally Posted by Danno3314 View Post
Wow, you know what...everything is great now....so much has changed....everyone is happy?????? Now that the stock market is almost back to where it was, all the people without jobs that are broke have so much to celebrate.
My point exactly.
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Old 02-02-2013, 01:48 PM
 
Location: Orlando
109 posts, read 128,370 times
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Quote:
Originally Posted by Danno3314 View Post
Wow, you know what...everything is great now....so much has changed....everyone is happy?????? Now that the stock market is almost back to where it was, all the people without jobs that are broke have so much to celebrate.
He never said everything is great now....
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Old 02-02-2013, 01:52 PM
 
Location: San Francisco
8,982 posts, read 10,466,947 times
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Quote:
Originally Posted by J. Pederman View Post
Things aren't improving fast enough though. Obviously a lot has to do with both the intransigence of team red but also the watered-down austerity fans and deficit kooks and FIRE sector bootlickers among team blue. One poster or one side being wholly wrong about pretty much everything doesn't negate the fact the Dow is meaningless as a measurement of economic health.
I seem to remember a large amount of right-wing jubilation when the Dow hit its all-time high.
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Old 02-02-2013, 03:41 PM
 
Location: NJ
18,665 posts, read 19,977,520 times
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[quote=texdav;28053194.No grwoth and no jobs which need to be at 200-300K per month to get to near normal levels anytime soon.[/quote]

2012 average 180k with latest updates.

Nov 247k, Dec 196k, 4th quarter 753k. That is a 251k Q4 average month.
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