Factory output up, Japans quake held up supply routes

Discussion in 'Economy' started by Truthmatters, Aug 16, 2011.

  1. Truthmatters
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    What will the right do if the economy recovers before the election?
     
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    Economists blamed the decline in part on temporary factors. The crisis in Japan caused a parts shortage for some U.S. automakers and other manufacturers. High fuel prices left consumers with less money to spend on discretionary goods, such as appliances and furniture.

    “The increase in manufacturing production suggests the economy is finally emerging from distortions posed by the Japanese production shutdowns, which wreaked havoc on the global manufacturing supply chain,” said Joseph LaVorgna, chief U.S. economist with Deutsche Bank Securities.
     
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    These facts wont go away just because you ignore them
     
  5. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    This is supposed to be the "Summer of Recovery". Instead it's the summer of "It Could be Worse".

    Americans LOVE mediocrity and will reward it in 2012. :rolleyes:
     
    Last edited: Aug 16, 2011
  6. Unkotare
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    This is the 'hope and change' he talked about. He hopes the economy changes or else my hopes will be realized and he will soon change his address.
     
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    So you blame Obama for the earthquake in Japan?
     
  8. Warrior102
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    Warrior102 Gold Member

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    I certainly do.
     
  9. Truthmatters
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    as I would expect someone of your deep economic knowledge would
     
  10. Unkotare
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    Who said that?!
     

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