More Economic Good News: Jobless claims lowest in 18 months!

[rightwinger]

With all major economic indicators showing improvement over the last six months is GOOD NEWS for the country that we appear to be in a recovery. Of course, everyone knows the economy is still sluggish and could reverse again, but there is no denying the GOOD NEWS.

Of course there are those who banked their political future on a complete economic collapse so that they could leverage it into a political resurgence. Those people bury there heads in the sand and deny every positive economic report.

 

[The Rabbi]

The magic word here is "appear." The increase in GDP is due entirely to bloated government spending. The increase in stock values is due entirely to artificially low interest rates. Meanwhile unemployment continues to increase and businesses continue to shut down.
And this is 2 years into this thing. Look for another "stimulus package" and "jobs bill" from the Obamoids. This fully follows the Japanese model of ultra low interest rates and gov't stimulus. Anyone checked the Japanese economy over the last 20 years?

 

[PatekPhilippe]

The magic word here is "appear." The increase in GDP is due entirely to bloated government spending. The increase in stock values is due entirely to artificially low interest rates. Meanwhile unemployment continues to increase and businesses continue to shut down.
And this is 2 years into this thing. Look for another "stimulus package" and "jobs bill" from the Obamoids. This fully follows the Japanese model of ultra low interest rates and gov't stimulus. Anyone checked the Japanese economy over the last 20 years?

Exactly correct Rabbi...along with the collapsing dollar, it has made the appearance of a recovery that in fact has NOT taken place at all.

 

[rightwinger]

The magic word here is "appear." The increase in GDP is due entirely to bloated government spending. The increase in stock values is due entirely to artificially low interest rates. Meanwhile unemployment continues to increase and businesses continue to shut down.
And this is 2 years into this thing. Look for another "stimulus package" and "jobs bill" from the Obamoids. This fully follows the Japanese model of ultra low interest rates and gov't stimulus. Anyone checked the Japanese economy over the last 20 years?

Exactly correct Rabbi...along with the collapsing dollar, it has made the appearance of a recovery that in fact has NOT taken place at all.

LOL

As the "we want the economy to fail" crowd chirps in on cue

 

[kyzr]

The magic word here is "appear." The increase in GDP is due entirely to bloated government spending. The increase in stock values is due entirely to artificially low interest rates. Meanwhile unemployment continues to increase and businesses continue to shut down.
And this is 2 years into this thing. Look for another "stimulus package" and "jobs bill" from the Obamoids. This fully follows the Japanese model of ultra low interest rates and gov't stimulus. Anyone checked the Japanese economy over the last 20 years?

Exactly correct Rabbi...along with the collapsing dollar, it has made the appearance of a recovery that in fact has NOT taken place at all.

LOL As the "we want the economy to fail" crowd chirps in on cue

Point of Fact is that unless Obama saves SS & Medicare, he will be blamed for wasting money on unpopular initiatives while alienating the vast majority of seniors and voters who have SS & Medicare solvency as a top priority. All the GOP needs to do is point to the growth of the Debt under Obama and show that SS & Medicare are broke because of his wasteful spending spree.

 

[rightwinger]

Exactly correct Rabbi...along with the collapsing dollar, it has made the appearance of a recovery that in fact has NOT taken place at all.

LOL As the "we want the economy to fail" crowd chirps in on cue

Point of Fact is that unless Obama saves SS & Medicare, he will be blamed for wasting money on unpopular initiatives while alienating the vast majority of seniors and voters who have SS & Medicare solvency as a top priority. All the GOP needs to do is point to the growth of the Debt under Obama and show that SS & Medicare are broke because of his wasteful spending spree.

LOL

So now he is tasked to save both Social Security AND Medicare. You whiners will blame him whether he saves it or not

 

[rdean]

Hopefully, soon, Obama will be able to start rebuilding the country after 8 years of incompetence.

He certainly has a lot of opportunity. America's infrastructure should be number one. Rebuilding the country after years of neglect will help the economy, it will generate jobs, which in turn will create tax revenue, which will fund further growth.

The thing we have to worry about is Republicans stepping in and complaining, "We can't rebuild the economy. We need that money to make more bombs to send overseas to keep us safe".

Of course, the secret to competitive manufacturing is in education. According to Republicans, education is for elitist liberals. "What good is a piece of paper? It doesn't mean anything."

One of the problems the Democrats have is not fighting back against the "ranting right". They wrongly assume, "Who could believe those nuts?"

 

[PatekPhilippe]

Hopefully, soon, Obama will be able to start rebuilding the country after 8 years of incompetence.

You mean he hasn't started yet...AFTER 1 FUCKING YEAR!!??