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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Thu Feb 16, 2012 2:32 pm 
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Moby Grape wrote:
This is totally false


You betcha...
Quote:
"Claims have been falling since the middle of last year, and there is no reason to think the declining trend is about to level out," said Ian Shepherdson at High Frequency Economics
"Rising corporate and consumer sentiment and the clear and sustained improvement in bank credit conditions for smaller firms is making it easier for businesses to hold onto people whom they might previously have had to let go."

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Thu Feb 16, 2012 2:34 pm 
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edge540 wrote:
Moby Grape wrote:
This is totally false


You betcha...
Quote:
"Claims have been falling since the middle of last year, and there is no reason to think the declining trend is about to level out," said Ian Shepherdson at High Frequency Economics
"Rising corporate and consumer sentiment and the clear and sustained improvement in bank credit conditions for smaller firms is making it easier for businesses to hold onto people whom they might previously have had to let go."


so what happened to the 1.2 million that disappeared from the roles in January?

are you going to tell us they are now employed?

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Thu Feb 16, 2012 2:40 pm 
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Maybe they died or retired.

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Thu Feb 16, 2012 2:45 pm 
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edge540 wrote:
Maybe they died or retired.


nope, their benefits were exhausted and after 2.5 years of looking for employment that was never going to come so they simply gave up.

so the HNIC just scratched them off his list of people out of work.

and you bought it hook line and sinker.

how convenient.

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Thu Feb 16, 2012 3:02 pm 
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No, that did not happen.
Didn't I tell you do some research before you pull nonsense out your ass so you don't look like an ignorant fool? Repeating ODS right wing bullshit does not make it fact
mr grape makes up crap & lies again

Even the conservative WSJ says you idiot denialists are full of crap.
Quote:
"There was not a big increase in discouraged workers," economist Betsey Stevenson commented on Twitter. "What happened was Census found a bunch of old people we had assumed died."


You should really try harder not to look like a conservative idiot.

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Last edited by edge540 on Thu Feb 16, 2012 3:22 pm, edited 1 time in total.

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Thu Feb 16, 2012 3:22 pm 
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edge540 wrote:
No, that did not happen.
Didn't I tell you do some research before you pull nonsense out your ass so you don't look like an ignorant fool? Repeating ODS right wing bullshit does not make it fact
mr grape makes up crap & lies again

Even the conservative WSJ says you idiot denialists are full of crap.
Quote:
"There was not a big increase in discouraged workers," economist Betsey Stevenson commented on Twitter. "What happened was Census found a bunch of old people we had assumed died."



so what happened to the 1.2 million

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Thu Feb 16, 2012 3:23 pm 
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Wow.... you didn't read it did you?
I'll make very simple for you:
Your Rush Limbaugh, right wing, ODS claim is a stupid bone-headed misinterpretation of data by morons. There was never 1.2 million leaving the labor force.
You just got "debunked"....AGAIN.
Think about it the next time you rant that the numbers are phony, genius.

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Thu Feb 16, 2012 4:58 pm 
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Location: Stupid Liberals!
New CBO Report Decimates 'Obamanomics': Real Unemployment Hits 15%

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Sun Feb 19, 2012 7:15 pm 
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Another reason for the ODS crowd to go insane:

Economy in recovery mode, at last

The nation finally is in the grip of an economic recovery, with job creation, business investment and earnings all pointing upward, according to region business leaders.

"Despite all the naysayers, the recovery is real," Bruce Quint, resident director at Merrill Lynch's Merrillville office, said at the first quarter meeting of The Times Board of Economists.

A rising stock market is just one indicator. The Dow Jones average of blue chip stocks is up about 5.5 percent so far this year after rising 5.6 percent in 2011. The Nasdaq average is up more than 10 percent so far this year.

It is not just those playing the market who feel life might be getting a little better. General Motors Co. is once again the world's leading carmaker, with sales up 13 percent in 2011, according to Autodata Corp. Chrysler sales were up 26 percent, and Ford was up 11 percent.

"We are bringing back jobs to the U.S.," said Tim Roper, owner of Smith Motors Auto Group. "We are not there yet, but it's the first time we're seeing GM and Ford adding thousands of jobs and bringing back jobs from around the world."

When they last met in October, the 22 business leaders who make up The Times Board of Economists downgraded their ratings of both the local and the national economy from the previous quarter. That was more than two years after the "official" end of the recession.

This time, at a Feb. 8 meeting at the Lost Marsh Clubhouse in Hammond, they boosted their ratings. They gave their individual business sectors an average score of 6.3 on a scale of 1 (terrible) to 10 (excellent), compared to 5.9 last time. For the regional economy, they raised their score to 6 from 5.3.

And they expect even better days ahead. A year from now, they expect the region's economy to be performng at an average score of 6.8.

That doesn't mean those who direct the region's job-creating machine are breathing a sigh of relief. The brutal lessons of the Great Recession remain fresh.

Everyone took it to heart when consumer confidence rose in November and December, said Gail Zurek, an area director for the Better Business Bureau in Northern Indiana. But then it fell back in January.

Just like businesses, consumers are using credit less and saving more after the hard lessons of 2008.

"Consumers are frugal," Zurek said. "They have been through a lot. We heard here (at the meeting that) some businesses found they were fat. And I think some consumers found they were fat."

Local media companies are on the comeback trail, as people turn more and more to someone they trust for information on their communities, said Radio One President Leigh Ellis.

Revenue last year beat forecasts by about 5 percent at the Northwest Indiana radio station chain, and revenue beat forecasts by about 7 percent in January. Still, business people remain wary.

"That cautiousness is still there" Ellis said. "Is it better? Yes. I don't think it could have gotten worse."

There is also some fear that election-year politics could derail the recovery or at least slow its pace, according to several board members.

Still, the overall direction of the economy is now unmistakable, with the U.S. Bureau of Labor Statistics preliminarily reporting that 243,000 jobs were created in January. The unemployment rate continued to trend downward, now standing at 8.3 percent.

Steel mills may not be expanding their workforces, but they are hiring because a demographic bulge of older workers is now retiring, according to Jim Robinson, USW District 7 director for Indiana and Illinois.

"We are seeing an uptick in manufacturing, and we have been seeing it for a while now," Robinson said. "In Northwest Indiana in particular we are seeing a steady stream of new hires."

In construction, megaprojects such as the $3.8 billion BP Whiting Refinery expansion, NIPSCO generating station upgrades and work at steel mills have led to a surge in construction hiring in Northwest Indiana, according to William Hasse III, president of Hasse Construction.

"This is so much different," Hasse said. "This is contrary to what happened in 1981-82 when we lost manufacturing jobs. Here we are even importing crafts workers from other states to work on our construction projects."

Read more: http://www.nwitimes.com/business/local/ ... z1msdNDxhU

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Mon Feb 20, 2012 7:30 am 
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did you even read that bullshit?

I doubt it.

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Mon Feb 20, 2012 11:08 am 
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No, I didn't read any bullshit, I read the article.

Did you read the article?

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Mon Feb 20, 2012 1:11 pm 
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edge540 wrote:
No, I didn't read any bullshit, I read the article.

Did you read the article?



yeah...I did...

They gave their individual business sectors an average score of 6.3 on a scale of 1 (terrible) to 10 (excellent), compared to 5.9 last time.

:roll: :roll: :roll: :roll: :roll:

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Tue Feb 21, 2012 8:04 am 
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Quote:
"Did you read the article?"
"yeah...I did..."
Excellent, keep going.

CONSTRUCTION: Mega-projects lifting entire industry
By Keith Benman

Construction activity is up about 20 percent overall in Northwest Indiana, powered by mega-projects such as the $3.8 billion BP Whiting refinery expansion, NIPSCO power plant upgrades and the building of the new Porter hospital.

That increase contrasts with a 2 percent decline to $421.4 billion for construction starts nationally in 2011, following a slight 1 percent gain in 2010, according to McGraw-Hill Construction. Overall construction activity nationally dropped 38 percent during the 2007-09 period in the depths of the recession.

"Because of BP and the other projects, we are not seeing what the rest of the state or the rest of the nation is seeing," said William Hasse III, president of Hasse Construction.

Commercial building work for the most part remains hard to find in Northwest Indiana, a combination of a cut back in bank lending and cautiousness on the part of investors.

Casino development funds, some funneled through the Northwest Indiana Regional Development Authority, continue to be an important source of funds for municipal public works improvements.


Read more: http://www.nwitimes.com/business/local/ ... z1n1baksIx

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Tue Feb 21, 2012 12:42 pm 
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do you believe this idiot?

Quote:
Obama promotes modest American dream
Associated Press, by Erica Warner


WASHINGTON— This time around, President Barack Obama's message can sound decidedly down-to-earth. Four years after winning the White House, Obama is dealing with a different economic and political reality as he seeks re-election. He's focused less on a lofty vision for overcoming divisions and remaking Washington, and more on the most basic building blocks of middle-class economic security: a job, a house, a college education for the kids, health care, money for retirement. What Obama describes as the American Dream can seem a spare, fundamental aspiration, tailored for a campaign that looks to be fought over who is best equipped


http://www.google.com/hostednews/ap/art ... aca13cf4e0

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 Post subject: Re: “I think the administration deserves great credit."
PostPosted: Tue Feb 21, 2012 1:12 pm 
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Thanks for the link, you left this out:
Quote:
Some polling suggests that, despite voters' continued unhappiness with the economy and Obama's handling of it, the president may be convincing Americans he's on their side. A recent CBS/New York Times poll shows people view Obama as the candidate who best understands the needs and problems of "people like you," and see his policies as more apt than those of the GOP candidates to favor the middle class or the poor.

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