Notice the Real Trends in the Economy. Things are not improving.

Discussion in 'Economy' started by Neubarth, Mar 6, 2010.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    Notice the Real Trends in the Economy. Things are not improvingbut they are collapsing.

    Construction Spending
    Jan -0.6%
    Dec -1.2%

    Pending Home Sales
    Jan -7.6%

    NEW HOME SALES
    JAN 2010 309 K
    DEC 2009 348 K
    NOV 2009 370 K
    OCT 2009 430 K

    EXISTING HOMES SALES
    JAN 2010 5.05 M
    DEC 09 5.45 M
    NOV 09 6.54 M

    Durable Goods - Ex Transportation
    Jan -0.6%

    FHFA Housing Price Index
    Dec -1.6%

    Case-Shiller 20-city Index
    Dec -3.08%

    BUILDING PERMITS
    JAN 2010 621K
    DEC 2009 653 K

    UNEMPLOYMENT INSURANCE CLAIMS (This is scary as Satan himself!)
    3,100,000 in January 2010
    2,500,000 in December 2009
    2,300,000 in November 2009
    2,200,000 in October 2009
    2,000,000 in September 2009
    2,000,000 in August 2009

    DATE…..AUTO SALES……TRUCK SALES
    JAN 2010…….3.80 M……. 4.40 M
    DEC 2004…….5.90 M……. 8.70 M
    DEC 2003…….5.80 M ……. 9.10 M
    DEC 2002…….6.10 M ……. 8.70 M

    RETAIL SALES Just flip flopping around like a fish out of water.
    JAN 2010 +0.5%
    DEC 2009 – 0.1%
    NOV 2009 +1.3%
    OCT 2009 +1.1%
    SEP 2009 – 2.3 %
     
    Last edited: Mar 6, 2010
  2. Neubarth
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    Neubarth At the Ballpark July 30th

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    The crooks in the administration keep on pointing to these numbers and saying, "Seeeeee, we have an economic rebound."

    Where in the fug is this rebound? The economy is still collapsing.
     
  3. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    But Obama says it's Getting Better and But It's Still Bush's Fault!
     
  4. Dis
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    Baloney. I just stimulated the economy by $3000 (cash) today because I felt like shopping.
     
  5. Neubarth
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    Neubarth At the Ballpark July 30th

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    You are to be applauded for your efforts to single handedly pull up the economy. Now, if you could get the 33 Million Americans who are unemployed to do the same, we will see an honest rebound in the economy.
     
  6. uscitizen
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    uscitizen Senior Member

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    But we are not getting worse as fast as we were so that is a gain?
    LOL

    Anyway, Just get used to having less.
     
    Last edited: Mar 7, 2010
  7. Neubarth
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    Neubarth At the Ballpark July 30th

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    There is blame on this issue that can go back thirty and more years. Nobody wants to reign in the Big Banks who have caused all this horrific damage to the economy. "Banks" like Goldman Sachs have been manipulating the stock market to their advantage and paying billions to the crooks who are doing so. They have no morality or ethics and yet are still allowed to fleece the public of their savings. We will see them do it again in a few more days. Bush could have stopped Goldman Sachs but he didn't. Obama immediately got into bed with them as soon as he took the oath of office. He is presently talking about reforming the banking industry, but I have not seen any reform. In Washington, talk is cheap.
     
  8. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    I just spent $88,000 remodeling two houses between August to November 2009. Paid cash. That had to have helped the economy a little bit.
     
  9. Neubarth
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    Neubarth At the Ballpark July 30th

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    Look at the Unemployment Insurance Claims numbers for the past six months. Seventy percent of the economy is service sector. There is no substantive way to gauge the service sector collapse other than to look at UI claims as they come in from the states. When they are rapidly rising on a quarterly basis (as I have told Pinko over and over and over and over again) that is a sure fire indication that the economy is collapsing.

    You might wonder, "Why don't we have a gauge to measure the service sector?"

    Supposedly we do. There are several reports that come out and they are all tainted by Washington money. They recently claimed that the service sector was expanding.

    So I ask you, if all of these businesses that are surveyed by the DOL are only cutting 20,000 jobs a month and the service sector is expanding and farms are fairly steady state over the winter season, where are all of the millions of UI claimants coming from? Of course, we know that all of the government numbers are totally bogus! The so called survey of businesses denies the job losses that are really there to be seen if they were doing an honest survey. The service sector is collapsing but the government is continually trying to cover it up. Even farms are letting land go idle because the government is forcing that on to them with grossly stupid bureaucratic policies that are forcing thousands into bankruptcy. What we are seeing is government at its worst.
     
    Last edited: Mar 7, 2010
  10. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    I have and live on a farm. None of the farmers I know personally are doing this and I haven't heard of any farmers in my area doing this. I think this might be bullshit.
     

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