txlonghorn
Senior Member
- Mar 9, 2009
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Pending home sales fall 16 percent in Nov. - Yahoo! News
Just when you thought it was safe to claim a stimulus victory.
Just when you thought it was safe to claim a stimulus victory.
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Yeah but the cold weather pushed up nat gas and oil prices.
Yeah but the cold weather pushed up nat gas and oil prices.
Which is why we need to push for more global warming...
Missed this part?
But there appears little risk a reversal in housing would pull the economy back into recession. Orders to U.S. factories posted a big gain in November, the Commerce Department said Tuesday. That data was the latest evidence of a strong turnaround in manufacturing as industries from China to Europe flash recovery signs.
Taken together, the reports show that, while housing remains vulnerable, makers of steel, computers and chemicals are mounting a surprisingly robust rebound.
I think this is all going to hinge on the passage of health reform. If it passes, we're going to see the bottom drop out of a lot of things.
Yeah but the cold weather pushed up nat gas and oil prices.
Which is why we need to push for more global warming...
Ohh we are.
I think this is all going to hinge on the passage of health reform. If it passes, we're going to see the bottom drop out of a lot of things.
I will say one thing for sure.....
Until I know the cost of an employee above base salary (what we refer to as statatory costs), it would be foolish to hire one.
As most if not all business owners know, you must know the return on an employee before determining the value of such an employee...and the wqorhiness of such employee....andif you do not know the cost of the emplyuee, it is impossible to pewrform a cost benefit analysis.
Now,of course,such is not the case when you have a dramtic increase in demand for your goods or services.....sometimes you hire regardless of cost bnenefit as such is necessary to simply meet the demands of your clients.......but we all know that NO ONE has an increase in demand right now...
SO exactly how does healthcare on the table and cap and trade in the wings help our unemployment issue?
That is just one indicator.
read the others that are up in the article.
The nation's factories, however, are faring much better. The Commerce Department orders rose by 1.1 percent in November, more than double the 0.5 percent increase economists had forecast. The increases were widespread with the exception of autos and aircraft, which posted declines.
The Institute of Supply Management had reported Monday that its key gauge of U.S. factory activity showed manufacturing was expanding in December at the fastest pace in more than three years.
That is just one indicator.
read the others that are up in the article.
The nation's factories, however, are faring much better. The Commerce Department orders rose by 1.1 percent in November, more than double the 0.5 percent increase economists had forecast. The increases were widespread with the exception of autos and aircraft, which posted declines.
The Institute of Supply Management had reported Monday that its key gauge of U.S. factory activity showed manufacturing was expanding in December at the fastest pace in more than three years.
When the economy sinks this low a rebound is inevitable. In fact, economic recoveries are inevitable in all cases. This one is no different and would happen with or without the government.
When the economy sinks this low a rebound is inevitable. In fact, economic recoveries are inevitable in all cases. This one is no different and would happen with or without the government.
Missed this part?
But there appears little risk a reversal in housing would pull the economy back into recession. Orders to U.S. factories posted a big gain in November, the Commerce Department said Tuesday. That data was the latest evidence of a strong turnaround in manufacturing as industries from China to Europe flash recovery signs.
Taken together, the reports show that, while housing remains vulnerable, makers of steel, computers and chemicals are mounting a surprisingly robust rebound.
When the economy sinks this low a rebound is inevitable. In fact, economic recoveries are inevitable in all cases. This one is no different and would happen with or without the government.
Yes it does and how long it stays down is the differance. When you look at the history of recessions in the US we have them every few years. Back when the government allowed the markets to go unregulated they were deep and punishing to anyone trying to build a life. Back in the day you could sit on a family farm and laugh at the markets undulating and have everything you needed to get buy very happily. Now we have mega corprate farms that make that pretty much impossible.
People are urban dwellers now and depend on the market being relatively stable to build a life. After Glass Steagal was put in place the undulating stayed in the single digits and people didnt lose everything and starve like before. We deregualted and Boom we have a double digit recession just like back the in the day.
Missed this part?
But there appears little risk a reversal in housing would pull the economy back into recession. Orders to U.S. factories posted a big gain in November, the Commerce Department said Tuesday. That data was the latest evidence of a strong turnaround in manufacturing as industries from China to Europe flash recovery signs.
Taken together, the reports show that, while housing remains vulnerable, makers of steel, computers and chemicals are mounting a surprisingly robust rebound.
Actually, RW, I didn't miss that. I read the article. I also remember some statements that the stimulus would allow us to avoid the double digit unemployment and get the banks back to a point to where they could lend money for housing, etc. Up to this point, I don't see either of those things happening. So I don't put a lot of stock in the fortune tellers out there that seem to have a looking glass into the future. But that's just me.
Missed this part?
But there appears little risk a reversal in housing would pull the economy back into recession. Orders to U.S. factories posted a big gain in November, the Commerce Department said Tuesday. That data was the latest evidence of a strong turnaround in manufacturing as industries from China to Europe flash recovery signs.
Taken together, the reports show that, while housing remains vulnerable, makers of steel, computers and chemicals are mounting a surprisingly robust rebound.
Actually, RW, I didn't miss that. I read the article. I also remember some statements that the stimulus would allow us to avoid the double digit unemployment and get the banks back to a point to where they could lend money for housing, etc. Up to this point, I don't see either of those things happening. So I don't put a lot of stock in the fortune tellers out there that seem to have a looking glass into the future. But that's just me.
But you have no problem when they predict a double dip downturn...
Praying for the economy to fail are we?