Discussion in 'Politics' started by Sandy73, Dec 17, 2003.
I SAY HE WILL HAVE OSAMA CAPTURED BY JUNE 04...
Has Madeline Albright been talking to you?
Wanna get Bush elected? Volunteer, donate (even a $25 donation goes a long way), wave signs, doorbell, do whatever you want, but get involved!!!
I knida think the same thing that Osama will be caught before 04. I just said this the other night to my Dad, that I think he might get caught, and should he, you can be sure the cards will surely change for Bush. My vote is ready!!!!!!!!
my vote is waiting for W too !!!
originally posted by janeeng
I knida think the same thing that Osama will be caught before 04.
"Look at the poor old man! His turban is all rumpled from sleeping against rocks. He's had nothing to do with any of the terrorism that's happened since we took him out of power! Bush is the Devil!"
G.W has my vote!!! 04 doesnt concern me as much as 08 does.
Even if he captures Osama, which I seriously doubt will happen, people still vote with their wallets. If the economy, and especially the job market don't improve, he won't be re-elected.
I haven't decided which candidate to support in the Democratic race, but whoever gets the nomination, unless it's Al Sharpton, will have my vote. If Al Sharpton gets it (which will be when hell freezes) I'll have to vote for Ralph Nader.
Bush go home in 2004!
Yeah take a look at those stock numbers too.
Jobless Claims Drop, Some Industry Surges
Thu Dec 18, 5:44 PM ET Add Business - Reuters to My Yahoo!
By Daniel Bases
NEW YORK (Reuters) - Good news on the U.S. economy piled up on Thursday with a quartet of reports showing a fall in new claims for jobless benefits and a surprise surge in regional manufacturing that bodes well for the entire nation.
delayed 20 mins - disclaimer
Quote Data provided by Reuters
First-time claims for state unemployment insurance, a rough guide to the pace of layoffs, plunged 22,000 to 353,000 last week from a revised 375,000 in the prior week, the Labor Department (news - web sites) said.
The unexpectedly steep drop brought claims back to the 2-3/4 year low they hit in early November. Wall Street economists had expected claims to slip to 365,000 from the 378,000 originally reported for the Dec. 6 week.
"The jobless claims numbers show the labor markets are improving and that increases the likelihood that the economy will remain strong," said Gary Thayer, chief economist at A.G. Edwards & Sons in St. Louis.
Another report showed manufacturing in the mid-Atlantic region jumped in December from an already strong level, despite forecasts of a slight decline. New orders hit a 23-year high.
The Philadelphia Federal Reserve (news - web sites) Bank said its monthly gauge of regional industry jumped to 32.1 in December from 25.9 in November, confounding economists' forecasts of a slight fall to 25.4. New orders, a harbinger for future growth, rose to 41.8 in December from 20.8 in November.
"It is reassuring with respect to the national manufacturing outlook because it counteracts some unexpected softness in the (New York) Empire State survey earlier this week, particularly in new orders," said Pierre Ellis, senior international economist at Decision Economics in New York.
"Demand for manufactured goods clearly continues to strengthen and backlogs are accumulating sharply in both of those surveys, indicating production growth to come," he said.
Benchmark 10-year U.S. Treasuries rose despite the economic data, while U.S. stock prices climbed and the dollar's fall was uninterrupted by the good news.
The Dow Jones industrial average (^DJI - news) and S&P 500 (^SPX - news) stock indexes gained more than 1 percent while the Nasdaq Composite (^IXIC - news) index climbed 1.81 percent.
The private Conference Board (news - web sites) said its index of leading indicators rose 0.3 percent in November to 114.2, matching expectations, after an upwardly revised 0.5 percent climb in October.
The leading index, which foreshadows economic activity in the next three to six months, has increased at almost a 6 percent annual rate since its most recent low in April.
"The continued strong growth in the leading index ... is signaling that strong economic growth should persist in the near term," the Conference Board said.
In another report, the Chicago Federal Reserve said its National Activity Index jumped in November to its highest level since March 2000, helped by improving industrial production. It rose to +0.55 from an upwardly revised +0.19 in October.
"I think we are poised for good news on the economic front for some time to come," U.S. Treasury Secretary John Snow said in a television interview, saying the U.S. economy was hitting a "sweet spot."
RANKS OF CLAIMS APPLICANTS SHRINK
The job outlook brightened with the Labor Department report on initial jobless claims.
It said a closely watched four-week average of initial claims, which smooths out weekly gyrations for a clearer read on underlying trends, dropped by 2,250 to 361,750.
Claims have been below the 400,000 level economists see as a divide between an improving and a deteriorating labor market for 11 straight weeks -- the longest stretch since a run that ended in April 2001.
The department said the number of unemployed workers who continued to draw benefits after an initial week of aid rose 28,000 to 3.34 million in the week ended Dec. 6, the latest week for which data were available.
However, a four-week average of that barometer dropped 34,000 to 3.33 million, the lowest since shortly after the Sept. 11, 2001 attacks -- a sign that it has become a bit easier recently for unemployed Americans to find work.
While economists have welcomed the end to a long stretch of job losses -- the economy has created net gains in jobs in each of the last four months -- they say the number of new positions has fallen woefully short of what is needed to cut into unemployment.
The latest claims data took on added importance for Wall Street because it covered a week that corresponded to the survey period for the Labor Department's comprehensive monthly jobs report.
"Since (claims) surprised on the positive side for the employment outlook, it could bode well for that report," Carl Riccadonna, an economist with Deutsche Bank in New York, said of the December jobs report, due Jan. 9. "It could help drop the unemployment rate by another tenth of 1 percent."
The U.S. jobless rate dipped to 5.9 percent in November from 6.0 percent in October. (Additional reporting by Tim Ahmann in Washington and Victoria Thieberger in New York.)
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