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Old 04-14-2010, 08:40 AM
 
Location: Midwest
38,496 posts, read 25,753,611 times
Reputation: 10789

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Wednesday, April 14, 2010
Retail Sales Rise 1.6% in March to $363.5 Billion


I got this info from Fox News so you right wingers can believe it!


Retail Sales Rise 1.6% in March to $363.5 Billion - FOXBusiness.com (http://www.foxbusiness.com/story/markets/industries/retail/retail-sales-rise--march--billion/ - broken link)

Do you think this increase in sales may somehow lead to new jobs?
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Old 04-14-2010, 08:42 AM
 
Location: Midwest
38,496 posts, read 25,753,611 times
Reputation: 10789
Quote:
Originally Posted by Dockside View Post
You're the Fed chairman. You know the Bush tax cuts will be expiring. You know Obama will have to raise taxes to pay for his healthcare plan. You know entitlement programs are going to suck the blood out of the economy. You know states are unable to pay into the pension plans they signed with unions like the CSEA with over 190,000 teachers in CA alone. You know inflation will jump the second there is an uptick in the economy. You know this administration is doing it's best to take over and mico-manage the US economy, from automobiles, to finance to the healthcare industry.

You better get out there and flog a forecast for economic recovery.

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Old 04-14-2010, 08:42 AM
 
13,186 posts, read 14,952,928 times
Reputation: 4555
Quote:
Originally Posted by jojajn View Post
Wednesday, April 14, 2010
Retail Sales Rise 1.6% in March to $363.5 Billion


I got this info from Fox News so you right wingers can believe it!


Retail Sales Rise 1.6% in March to $363.5 Billion - FOXBusiness.com (http://www.foxbusiness.com/story/markets/industries/retail/retail-sales-rise--march--billion/ - broken link)

Do you think this increase in sales may somehow lead to new jobs?
That's just people stocking up on ammo, bottled water, and HAM radios...hunkering down for the coming race wars.


Palin/Joe the Plumber 2010
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Old 04-14-2010, 08:44 AM
 
Location: Long Island
32,816 posts, read 19,431,094 times
Reputation: 9618
Quote:
Originally Posted by walidm View Post
NEW YORK (MarketWatch) -- U.S. stocks maintained their climb on Wednesday as Federal Reserve Chairman Ben Bernanke stuck to his forecast of economic recovery in testimony before lawmakers.
hmmmm Ben Bernanke forecast :

ben Jan 2008: It is hard to imagine any time in history when such rampant pessimism about the economy has existed with so little evidence of serious trouble.


Ben in May 2007: The subprime mess is grave but largely contained, said Federal Reserve Chairman Ben Bernanke

Ben In March 2007: Bernanke had said that the problems in the subprime market would only “reduce somewhat the effective demand for housing.”

Ben in May 2007: “Importantly, we see no serious broader spillover to banks or thrift institutions from the problems in the subprime market; troubled lenders, for the most part, have not been institutions with federally insured deposits,” Bernanke said.


Ben in Jan 2008: Now that the Fed has cut interest rates by 175 basis points, the odds of a huge surge in growth later in 2008 have grown. The biggest threat to the economy is still inflation, not recession.



Ben in Feb 2008: Federal Reserve Chairman Ben Bernanke said Thursday that the USA will avoid a recession. The US economy will be sluggish in coming months before picking up later this year.


yep Ben has been spot on
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Old 04-14-2010, 08:46 AM
 
69,368 posts, read 63,992,474 times
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Quote:
Originally Posted by jojajn View Post
Do you think this increase in sales may somehow lead to new jobs?
Do you think the increase in sales might have something to do with tax refunds which take place every year at this time?
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Old 04-14-2010, 08:47 AM
 
Location: Long Island
32,816 posts, read 19,431,094 times
Reputation: 9618
Quote:
Originally Posted by jojajn View Post
Wednesday, April 14, 2010
Retail Sales Rise 1.6% in March to $363.5 Billion


I got this info from Fox News so you right wingers can believe it!


Retail Sales Rise 1.6% in March to $363.5 Billion - FOXBusiness.com (http://www.foxbusiness.com/story/markets/industries/retail/retail-sales-rise--march--billion/ - broken link)

Do you think this increase in sales may somehow lead to new jobs?
yes ......in CHINA
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Old 04-14-2010, 08:50 AM
 
4,988 posts, read 9,990,394 times
Reputation: 3285
The stock market is predictive, looking 6-12 months ahead. The markets are rallying in anticipation that the Dems will lose at least one if not both houses of congress in November. At which poit DC will return to gridlock, limiting the amount of further damage they can do.
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Old 04-14-2010, 08:51 AM
 
5,165 posts, read 6,043,391 times
Reputation: 1072
Quote:
Originally Posted by padcrasher View Post
So you enjoy watching the fatcats get wealthier as they continue risky practices that endanger the financial health of the Working class American people?

Good to see what side you are on.
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Old 04-14-2010, 08:53 AM
 
Location: Midwest
38,496 posts, read 25,753,611 times
Reputation: 10789
Quote:
Originally Posted by pghquest View Post
Do you think the increase in sales might have something to do with tax refunds which take place every year at this time?
I thought people were paying more taxes! I thought that is what the tea partiers were protesting.
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Old 04-14-2010, 08:53 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,278,891 times
Reputation: 7627
Quote:
Originally Posted by workingclasshero View Post
obama didnt get HIS WANT, of a socialist NHC (that would cost 3 trillion a year)...what he got was pelosi/reid and their mandating PRIVATE insurance

notice whats pushing the market.....the insurance companies

the insurance companies have just been awarded MANDITORY customers/money by the liberals in congress
LOL

Ah-huh. Surrrrrrrre.
That must be why the markets have been rising rapidly for over year now - you know, because Obamacare passed. Funny, I didn't know Obamacare passed back in April of last year, or in May of last year, or in June of last year, or in ...

Still it CAN'T be that you have NO CLUE what you are talking about - that can't POSSIBLY be the case - so it MUST be TRUE that Intel is way up because of it's vested interest in Obamacare. It MUST be TRUE that Boeing is up because of it's vested interest in Obamacare. It MUST be TRUE of Cisco, of - heck, the S&P in general.

Yes, yes, that MUST be true.


Get real.
The stock market is ROARING because the companies that make it up are doing well. They have paired down their costs and their debt and sales and profits are both picking up. That's a recipe for a rising stock market - so that's what's happened - and it's been pretty much across the board with nearly every sector doing well - and - as is usually the case - the stock market predicts the path of the overall economy.

Ken

Last edited by LordBalfor; 04-14-2010 at 09:16 AM..
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