US Factory Orders Increasing (holidays, money, government, state)
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I'm not the topic of discussion, the economy is. Can you not defend the rising unemployment rate, rising foreclosures, etc under this horrible year of Obama? Do you really have to resort to personal attacks? If Obama is so strong, debate the topic at hand.
I am sorry if you felt I was attacking you, it's just that your posts seem to be somewhat mechanical in that they appear to be restating the same things. I have not seen anything that would argue why the business information is not good news and why it would not directly affect the very problems that you, accurately, identify.
They mimic the numbers that came out yesterday - which when broken down show factory activity improving ACROSS THE BOARD - from clothing and textiles, to machinery and automobiles to chemical production, etc, etc, etc.
It's not getting worse NOW - most things are showing improvement NOW. Even the parts of the economy that ALWAYS lag other sectors (such as employment) are on the verge of moving positive. It didn't take a FULL YEAR to start making things better, the Index of Leading Economic Indicators starting showing improvement as early as March - and every month since then that improvement has strengthened - and NOW even the very last things to typically show improvement in the economy are starting to do so.
The US is a BIG BOAT - and it takes months to turn it around - but it IS turning around.
And YES that IS change.
Ken
A year ending in 10% unemployment vs 8% when the year started is NOT better.
A continual rise in foreclosures is NOT better.
Deeper in debt with a rise in inflation is NOT better.
Maybe we are on the verge and I hope so....once the US truely turns the corner, then I'll clap and be happy, but as it is now, things are not better for many, many Americans. Unemployment and home foreclosures are now worse than when Obama took office. He needs to get it in gear and figure out how to actually run a country instead of just playing office.
I am sorry if you felt I was attacking you, it's just that your posts seem to be somewhat mechanical in that they appear to be restating the same things. I have not seen anything that would argue why the business information is not good news and why it would not directly affect the very problems that you, accurately, identify.
Well you know, when you are talking with Obamatrons, you have to talk a bit mechanical. Obamatrons aren't the brightest robots on the block.
I think a lot of you are flying with blinders on... nobody here asked WHY... its been reported MULTIPLE times in the news that production increased because of the weak dollar... that is NOT something to be happy about... if it increased because of increasing demand and a strong dollar, THAT would be something to be happy about... its all a matter of context... getting a free gift would "seem" to be a good thing, but not if your mom who gave you gift spent $1000 for something that cost $100... what happens when the dollar gets stronger? Production goes down... why are you celebrating what is suppose to happen?
RISING home foreclosures is change for the better? 8% unemployment when Bambi took office now up to 10% is change for better? Maybe you should consult Webster's for the true meaning of better and not listen to the kool aid version of better.
Home foreclosures are NOT rising - the CUMULATIVE total is rising - but just as with unemployment the monthly increasing this total number is falling - and soon it will die away completely.
"The latest report from RealtyTrac.com tells us that 306,627 U.S. properties received foreclosure notices in November. This is the fourth month in a row that the total has declined."
RealtyTrac: Foreclosure Filings Ebb For 4th Month : Refinance, Home Mortgage Loans & Rates, Home Equity Loan (http://www.ourbroker.com/foreclosures/realtytrac-foreclosure-filings-ebb-for-fourth-month/ - broken link)
There are still problems in real estate - and likely more pain to come until everything is well, but overall the massive slide of the last few years is over - prices are stable (and rising in many areas). Even Las Vegas is seeing some possible signs of stability
"Foreclosures filings plummeted in November in Las Vegas and the rest of Nevada, but analysts are unsure if this marks a trend.
California-based RealtyTrac reported that foreclosure filings in Nevada dropped by double digits for the second consecutive month. The 9,295 filings in November were 33 percent fewer than October, in which filings were 26 percent below September."
Regarding unemployment - job losses PEAKED the month GW left office and since then have headed steadily DOWN. During that time OF COURSE the unemployment rate continued to climb - that's the nature of a CUMULATIVE staticstic (you clearly did poorly in math) - but even THAT dropped last month.
How long did the unemployment rate go up before REAGAN was able to turn it around? Any idea? Well, he took office with an unemployment rate of 7.5% and for all of his first year it climbed - ending the year at 8.5%. But wait, there's more - it continued to climb all through his SECOND YEAR - ending 1982 at 10.8% before FINALLY starting to drop down in his THIRD YEAR of office - but even halfway through that year it was STILL OVER 10%.
So, Obama's record of the unemployment rate climbing for a mere 10 months looks pretty darned good compared to Reagan's climb of 2 FULL YEARS. In fact, considering just how rapidly the economy was falling apart when Obama took office, it looks like a near-miracle.
The fact is - the BOAT takes a long time to turn around - but it IS turning.
Home foreclosures are NOT rising - the CUMULATIVE total is rising - but just as with unemployment the monthly increasing this total number is falling - and soon it will die away completely.
"The latest report from RealtyTrac.com tells us that 306,627 U.S. properties received foreclosure notices in November. This is the fourth month in a row that the total has declined."
RealtyTrac: Foreclosure Filings Ebb For 4th Month : Refinance, Home Mortgage Loans & Rates, Home Equity Loan (http://www.ourbroker.com/foreclosures/realtytrac-foreclosure-filings-ebb-for-fourth-month/ - broken link)
There are still problems in real estate - and likely more pain to come until everything is well, but overall the massive slide of the last few years is over - prices are stable (and rising in many areas). Even Las Vegas is seeing some possible signs of stability
"Foreclosures filings plummeted in November in Las Vegas and the rest of Nevada, but analysts are unsure if this marks a trend.
California-based RealtyTrac reported that foreclosure filings in Nevada dropped by double digits for the second consecutive month. The 9,295 filings in November were 33 percent fewer than October, in which filings were 26 percent below September."
Regarding unemployment - job losses PEAKED the month GW left office and since then have headed steadily DOWN. During that time OF COURSE the unemployment rate continued to climb - that's the nature of a CUMULATIVE staticstic (you clearly did poorly in math) - but even THAT dropped last month.
How long did the unemployment rate go up before REAGAN was able to turn it around? Any idea? Well, he took office with an unemployment rate of 7.5% and for all of his first year it climbed - ending the year at 8.5%. But wait, there's more - it continued to climb all through his SECOND YEAR - ending 1982 at 10.8% before FINALLY starting to drop down in his THIRD YEAR of office - but even halfway through that year it was STILL OVER 10%.
So, Obama's record of the unemployment rate climbing for a mere 10 months looks pretty darned good compared to Reagan climb of 2 FULL YEARS. In fact, considering just how rapidly the economy was falling apart when Obama took office, it looks like a near-miracle.
The fact is - the BOAT takes a long time to turn around - but it IS turning.
Ken
You just keep thinking things are better.....enjoy!
BUT, the truth is, under Obama, things have gotten worse.
2009 set a new record for home foreclosures over 2008. Obama was POTUS for 2009.
When Obama took office, unemployment wasn't even quite 8%. It is now 10%.
If you call those numbers better, well then there is no valid reasoning coming from you worthy of debate. You must be drinking some especially powerful koolaid.
When Obama took office, unemployment wasn't even quite 8%. It is now 10%.
If you call those numbers better, well then there is no valid reasoning coming from you worthy of debate. You must be drinking some especially powerful koolaid.
That powerful koolaid is called Hateraid. Again, LordBalfor picks one positive news story to show how the economy has miraculously recovered. PRAISE BE OBAMA! Fact is, there are many more statistics showing that we are on the verge of an outright economic collapse. The 32% uptick in personal bankruptcies, the mounting unemployment, the individual state budgets on the brink of bankruptcy, the inflation that is bound to hit due to all the influx of printed money by the government, and so on.
He can't see reality through the koolaid goggles firmly planted on his face.
I think a lot of you are flying with blinders on... nobody here asked WHY... its been reported MULTIPLE times in the news that production increased because of the weak dollar... that is NOT something to be happy about... if it increased because of increasing demand and a strong dollar, THAT would be something to be happy about... its all a matter of context... getting a free gift would "seem" to be a good thing, but not if your mom who gave you gift spent $1000 for something that cost $100... what happens when the dollar gets stronger? Production goes down... why are you celebrating what is suppose to happen?
The dollar is only slightly below where it was 2 years ago. It was artificially propped up during the height of the financial crises as investors fled to the dollar. Now that the economic crises is past it worst, the dollar index drifted lower to just slightly below where it was 2 years back.
Well you know, when you are talking with Obamatrons, you have to talk a bit mechanical. Obamatrons aren't the brightest robots on the block.
You complain about personal attacks. Then you say this. Nice class
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- but even THAT dropped last month.
Again, LordBalfor picks one positive news story to show how the economy has miraculously recovered. PRAISE BE OBAMA! Fact is, there are many more statistics showing that we are on the verge of an outright economic collapse. The 32% uptick in personal bankruptcies, the mounting unemployment, the individual state budgets on the brink of bankruptcy, the inflation that is bound to hit due to all the influx of printed money by the government, and so on. 
