More economic good news: GDP up/ Jobless claims down

[rightwinger]

GDP better than expected; jobless claims drop - USATODAY.com

Slowly the economic recession of the last year and a half seems to be receding. Good news for all Americans

 

[Mad Scientist]

GDP better than expected; jobless claims drop - USATODAY.com
Slowly the economic recession of the last year and a half seems to be receding. Good news for all Americans

Uh, your link states the shrank by 1%. Last time I checked, that didn't mean "GDP Up".

Yes, the economy may be bottoming out, many pundits have been saying that. It's what growth happens after the bottom that matters most.

And judging by the economic policies of the current administration, that will be anemic at best. Many pundits have been saying exactly that.

Remember, Obamas' own plan for paying off the debt depends on the economy going like gangbusters, were talking 5-6% or more.

 

[midcan5]

It must be Bush's work! No, that can't be it. The republicans? No, that can't be. It must be the senate's work? No, that can't be. It must be the House's work, No, that can't be! Could it be the supreme court? Hmm, seems the stimulus may have have something to do with this? You think? Do you think.

Summary
Timeline of the Great Depression

 

[Toro]

The economy is probably coming out of recession right now, and we are probably going to go up faster than people think because of the inventory re-build that is now occurring.

Whether it is sustainable or not, however, is highly debatable.

 

[Oddball]

The GDP is NOT up.....It's only down less than the economic pinheads who can't seem to predict jack shit predicted.

And this just in....Medical Marxism is even less popular than ever, and no distraction seems to be changing that.

 

[rightwinger]

“Great news for the economy,” said Stephanie Armour in USA Today. New-home sales “surged” 9.6 percent in July compared with a month earlier, to a seasonally adjusted annual rate of 433,000—the highest pace since last September. Taken together with the reduction of new houses on the market and rising home prices in 18 of 20 markets, as noted in this week’s S&P/Case-Shiller Index, the jump in sales “bolstered signs of an improving housing market

 

[AllieBaba]

Unemployment claims are reducing because we're reaching the end of the "extended UC" claim limit. These numbers do not include ppl who are not working or looking for work, whose claims have expired and are still unemployed.

This is something we go over in minute detail during our district staff meetings.

 

[DiveCon]

“Great news for the economy,” said Stephanie Armour in USA Today. New-home sales “surged” 9.6 percent in July compared with a month earlier, to a seasonally adjusted annual rate of 433,000—the highest pace since last September. Taken together with the reduction of new houses on the market and rising home prices in 18 of 20 markets, as noted in this week’s S&P/Case-Shiller Index, the jump in sales “bolstered signs of an improving housing market

wasnt that during the housing market CRASH????

 

[JakeStarkey]

Get over it, silly cons. The recovery is beginning, and the conservatives are being left in the wake.

 

[concept]

“Great news for the economy,” said Stephanie Armour in USA Today. New-home sales “surged” 9.6 percent in July compared with a month earlier, to a seasonally adjusted annual rate of 433,000—the highest pace since last September. Taken together with the reduction of new houses on the market and rising home prices in 18 of 20 markets, as noted in this week’s S&P/Case-Shiller Index, the jump in sales “bolstered signs of an improving housing market

Was that before or after Stephanie said she would like to lick Olberman's chair?


This just shows me the strength of this country that it can stabilize in spite of a lib like Obama.

What is goiung to happen though with the 9 or 10 TRILLION dollar deficit? He already revised that upward, when is the next revision? We're at 16% unemployment ffs.

 

[DiveCon]

Get over it, silly cons. The recovery is beginning, and the conservatives are being left in the wake.

yeah, sure it is

we have always been at war with east asia

/1984

 

[Oddball]

“Great news for the economy,” said Stephanie Armour in USA Today. New-home sales “surged” 9.6 percent in July compared with a month earlier, to a seasonally adjusted annual rate of 433,000—the highest pace since last September. Taken together with the reduction of new houses on the market and rising home prices in 18 of 20 markets, as noted in this week’s S&P/Case-Shiller Index, the jump in sales “bolstered signs of an improving housing market

Well, yeah....The "cash-for-unique-fixer-upper-houses" program is still up and running.

In other news, sales of new cars experienced a bigtime dropoff.

 

[Big Black Dog]

I don't know... The economy must be improving. The wife raised my allowance without warning. I don't know what to do with the extra pocket money now...

 

[garyd]

And what happens to new home sales when the government quits paying people 8k to buy them and the auto industry when the government quits paying people to buy cars?