Improving economy

[Truthmatters]

Reports show improving economy, manufacturing growth slows

 

[Truthmatters]

Healthier economic growth is spurring greater job growth. The economy expanded at an annual rate of 3% in the final three months of last year.

More jobs leads to more spending. U.S. consumers earned a little more in January and spent most of the extra money. The gains should keep the economy growing at a modest pace.

The Commerce Department said Thursday that consumer spending increased 0.2% in January. That's better than December's reading of no change. Consumer spending accounts for 70% of economic activity.





http://www.usatoday.com/money/econo...odaycomMoney-TopStories+(Money+-+Top+Stories)

 

[Oldstyle]

Healthier economic growth is spurring greater job growth. The economy expanded at an annual rate of 3% in the final three months of last year.

More jobs leads to more spending. U.S. consumers earned a little more in January and spent most of the extra money. The gains should keep the economy growing at a modest pace.

The Commerce Department said Thursday that consumer spending increased 0.2% in January. That's better than December's reading of no change. Consumer spending accounts for 70% of economic activity.


Reports show improving economy, manufacturing growth slows

That big 0.2% increase in consumer spending, Truthmatters...that's what you started a new string to "trumpet"? You are amusing as always. The truth is that the economy under this Administration has been so abysmal for such a long time that people like yourself now view a .2% increase as GREAT NEWS. I suppose the next string will be on what a "triumph" it is for the Obama Administration to get unemployment down to 8%? Or the deficit for this year to only a trillion dollars? Or even that a budget was actually submitted? Talk about diminished expectations...

 

[usmcstinger]

DOW 13,000 represents how well 30 companies are doing.
The jobless recovery continues!
"It's important to remember that the stock market is not the U.S. economy, and the U.S. economy is not the stock market," said Dan Greenhaus, chief global strategist for the brokerage BTIG. "Most people are likely to say, Dow 13,000. So, where's my job?

 

[Oddball]

Apparently, Reuters didn't get the memo from OIRA.

Factory growth cools, spending stagnant - Yahoo! News

 

[waltky]

Granny says she knows what's wrong with the economy - it's bad...

Everything That's Wrong With the Economy in 1 PowerPoint Slide
3/02/12 - If it feels like the economic recovery is still more of a dream than a reality, this one slide should pretty much explain why.

The Treasury Department published a slideshow presentation online Thursday that sums up just how much the economy has improved during the Obama administration, including the 10 consecutive quarters of economic growth, the 3.7 million jobs added since early 2010 and the projected decrease in the national deficit.

But just for good measure, the Treasury included a single slide teasing everything that's still wrong with the economy. The slide was simply titled, "Challenges Remain, More Work Ahead." As you can see above, that might be a bit of an understatement.

Total unemployment is still several percentage points higher than it was pre-recession, housing values remain at their lowest levels in about a decade and the median household income (when adjusted for inflation) is declining. In other words, Americans are working less, earning less and have less of a nest egg than they did in the years leading up to the recession.

Meanwhile, other advanced nations are recovering more slowly than expected from the global recession, thanks in part to the debt crisis in Europe, which could potentially weaken our recovery at home. But how bad could it be? It's only one slide out of 13, after all.

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[Wiseacre]

We've heard this song before - a summer recovery is on the way! Except ... it didn't happen. Economies always have ebbs and flows, peaks and valleys. I wish I could see some reasons why we should believe this time we really will begin a steady recovery. But I got nothin, what's going to happen this year that will fuel a boost?

I do however see some possibilities that could be negative, even very negative. Like a war in the middle east if Israel attacks Iran's nuke facilities, or we have a coup in Saudi Arabia, or another 9/11 here somewhere.

 

[sealybobo]

Reports show improving economy, manufacturing growth slows

Stocks record biggest gains of year; Dow up 218
By MATTHEW CRAFT, AP Business Writer – 29 minutes ago
NEW YORK (AP) — Bank stocks turbocharged a rally across the financial markets Tuesday, and all three major stock indexes posted their biggest gains of the year. The Dow Jones industrial average rose 218 points and closed at its highest level since the last day of 2007.

The Associated Press: Stocks record biggest gains of year; Dow up 218

 

[KissMy]

Improving economy

Reports show improving economy, manufacturing growth slows

Wow - 4 years of pounding your chest & patting your selves on the back & finally they produce a slightly positive quarter. It's nothing to crow about.

 

[sealybobo]

Improving economy

Reports show improving economy, manufacturing growth slows

Wow - 4 years of pounding your chest & patting your selves on the back & finally they produce a slightly positive quarter. It's nothing to crow about.

Actually, its 22 months of private sector job growth

PolitiFact | Have private-sector jobs grown by 3 million in 22 months, with the best annual totals since 2005?

This was one of the reasons Paul Ryan/Boehner/Mitch McConnell's and the GOP tea baggers in the House insisted on all those spending cuts. They knew they would lead to the loss of hundreds of thousands of public sector jobs. Thus hurting Obama's job recovery.

So his numbers would be amazing if the GOP weren't obstructing him.

And who's gonna invest in America if our own government won't invest in America? Our infrastructure is crumbling and the GOP don't want to spend any money. Just give corporations and rich people more tax breaks. Another way they are purposely destroying America.

 

[sealybobo]

Improving economy

Reports show improving economy, manufacturing growth slows

Wow - 4 years of pounding your chest & patting your selves on the back & finally they produce a slightly positive quarter. It's nothing to crow about.

Sorry its taking more than 4 years to fix what the GOP broke when they ran the government for 8.

 

[KissMy]

Improving economy

Reports show improving economy, manufacturing growth slows

Wow - 4 years of pounding your chest & patting your selves on the back & finally they produce a slightly positive quarter. It's nothing to crow about.

Actually, its 22 months of private sector job growth

PolitiFact | Have private-sector jobs grown by 3 million in 22 months, with the best annual totals since 2005?

You are a fool!!! Keeping pace with population is not real growth. It is STAGFLATION!

 

[sealybobo]

Wow - 4 years of pounding your chest & patting your selves on the back & finally they produce a slightly positive quarter. It's nothing to crow about.

Actually, its 22 months of private sector job growth

PolitiFact | Have private-sector jobs grown by 3 million in 22 months, with the best annual totals since 2005?

You are a fool!!! Keeping pace with population is not real growth. It is STAGFLATION!

So are you ok with closing tax break/loopholes that give tax breaks to companies that went overseas and bring them back home?

And are you ok with some stimulus spending because we need it to get the economy going.

I'm not going to argue with you over symantics. Are you ready to do what is needed to fix the problem? And I'm not talking about deregulations or more corporate tax breaks. Those days are over.

 

[TakeAStepBack]

Ive been shown up. I'll change the subject.