So......we all thought the economy was improving

[Value Buy]

but based on the quarterly reports being released this week, te economy is beginning to slip again.
Many companies representing all areas of the economy are failing to meet their's or analyst's projections.

This is bad news for Obama

[dumdeedoe]

SHHHH!!!!! its a secret.............

[Deleted]

That and they left out California in the Unemployment numbers calculation. Oops! And a big Obama supporter happened to forget to submit that on time. Ya THINK!

[Deleted]

La,la la....

Keep those printing money press going...........

[Deleted]

Recovered stock market.
Record corporate profits.
Steady private sector growth.
Shrinking public sector.

I really don't get what people think is a more reasonable recovery in the time frame ? .... Granted, maybe if a jobs bill could pass congress we'd have a bit better numbers... but its steady, sustainable growth....

[Driftr]

Oct 20, 2012 5:15:58 GMT -5 @shooby said:

That and they left out California in the Unemployment numbers calculation. Oops! And a big Obama supporter happened to forget to submit that on time. Ya THINK!

Big Obama supporter being one who donated the maximum ($5,800 I think) to Obama in 2008 right?

1) I doubt it was done intentiaonally.

2) If it was, it was incredibly stupid to make that 'mistake' so far ahead of the election.

3) There are idiot donors on both sides of the aisle.

[Value Buy]

Oct 20, 2012 10:08:11 GMT -5 deminmaine said:

I don't know whether it's humorous, sad or pathetic the way our friends on the right are praying for an economic collapse. OF course the Republicans in congress have been trying to do it for the past four years. THAT is treasonous.

Simply pointing out the facts, Dem
Quit drinking the kool-aid.
I am shocked the economy has not continued improving.
I thought it was, but stats of all major industries do not lie. The people running the corporations have consistently said things were soft and not improving, and no one believed them.
The results are proving them correct.

[Deleted]

Where are the links to the OP value? Thanks.

[Deleted]

Recovered stock market.
Record corporate profits.

I agree with you on these but I don't know if it's necessarily translated into new jobs. It seems like a lot of companies have discovered they can do their work with the staff the have on hand, or part time contractors.

VB - are you thinking of google?

[Deleted]

Private sector job growth has been making slow but steady gains. Employment is always a lagging indicator, because people have to be able to afford more goods and services in the first place in order to create the demand that translates into hiring. I'd much rather slow, SUSTAINABLE, growth... than some new artifiially manufactured bubble we have to worry about bursting down the road...

[cereb]

Oct 20, 2012 10:08:11 GMT -5 deminmaine said:

I don't know whether it's humorous, sad or pathetic the way our friends on the right are praying for an economic collapse. OF course the Republicans in congress have been trying to do it for the past four years. THAT is treasonous.

I think it's pathetic and short sighted, but then again, what else is new. Some of these people would sell the fillings out of their children's mouth just to be "right" about this particular issue.

[Value Buy]

Oct 20, 2012 10:32:53 GMT -5 oped said:

Where are the links to the OP value? Thanks.

Links?
Why?
If you do not have cable for Bloomberg news, Fox News, CNBC, you haveinternet. Go to any of their sites. Look at the quarterly reports.
Pick up a WSJ or Investors Business Daily Paper
Just do not listen to the President's talking points right now.

I Honestly THOUGHT THE ECONOMY WAS IMPROVING.
The quarterly reports are telling America it is not improving any more. It has stalled and falling again.

[Deleted]

www.financialsense.com/contributors/chris-puplava/economy-markets-continue-improve
www.bostonglobe.com/business/2012/10/15/economy-picks-campaigns-hit-home-stretch/DZ7mJHqGb005UIg3PhbB1J/story.html
www.rttnews.com/1984198/u-s-homebuilder-confidence-continues-to-improve-in-october.aspx

Improvement in consumer confidence, markets, jobs, homebuilder confidence... I don't know what you are talking about ? Maybe a link ?

[mmhmm]

We're not doing too badly here. It's not a rapid rise, by any means, but things are getting better according to those I know who own their own businesses, including family members. It's going to be a slow climb with some backslides along the way. Climbing a mountain usually is.

[Deleted]

What area lone? I think there are definately pockets hit harder than others.

[billisonboard]

Oct 19, 2012 23:41:27 GMT -5 Value Buy said:

... Many companies representing all areas of the economy are failing to meet their's or analyst's projections....

I always love that measurement. A question: were "their or analyst's projections" reasonable or just wishful thinking?

[vandalshandle]

Dow Jones Average on Jan. 21, 2009, Obama's inauguration day= $8,077.56
Dow Jones average today= $13,343.51 (+65%)

'nough said.

[Deleted]

I think I may be in one of those bad luck pockets. Newspaper today said my state was third in the country for losing jobs this month and first for the employment base shrinking.

[mmhmm]

Ouch, anne. It does sound like you're in one of the less fortunate areas. Things are picking up in some places, but not in all, unfortunately. I hope your state is able to turn it around soon, as others are doing.

[Deleted]

Oct 20, 2012 14:04:31 GMT -5 vandalshandle said:

Dow Jones Average on Jan. 21, 2009, Obama's inauguration day= $8,077.56
Dow Jones average today= $13,343.51 (+65%)

'nough said.

That is about as fair as quoting gas prices when Obama took office.

[Deleted]

I hope so too. I've met a few people who live here but work in other states. They want to find jobs close to home but can't.

[damnotagain]

The rise of HFT !

www.nanex.net/aqck/2804.HTML

Rising asset prices are an illusion !


If the U.S. dollar had retained its purchasing power during this same time period and there was no inflation that would be true. However that is far from reality, so the rising asset prices simply make it appear that the stock market is appreciating. So in essence the Federal Reserve's artificial injections of liquidity and rising asset prices are simply an illusion long-term. To see this demonstrated in a simple to understand visual just look at the charts that show the Dow (DIA) or S&P 500 (SPY) divided by gold. You will notice that gold and silver out performed stocks and bonds in dollars. When you look at it terms of real purchasing power the gains are of a much greater magnitude than conventional measure of market indexes appear. (here) .........This is simply an illusion created so most market participants and citizens are unaware of the erosion of their savings and wealth...

seekingalpha.com/article/917311-are-rising-asset-prices-an-illusion

[Deleted]

Oct 19, 2012 23:41:27 GMT -5 Value Buy said:

but based on the quarterly reports being released this week, te economy is beginning to slip again.
Many companies representing all areas of the economy are failing to meet their's or analyst's projections.

This is bad news for Obama

First of all, you are mostly wrong, secondly, I find it offensive that you would have the country dip into another recession, for political gain.

Most of you republicans are starting to bother me...look at the bigger picture and we'll meet in the middle.

[djAdvocate]

it depends on what you mean by improving. i consider anything over 0% growth to be improving. what do you consider "improving", VB?

[AgeOfEnlightenmentSCP]

Oct 20, 2012 15:54:09 GMT -5 Robert not Bobby said:

Oct 19, 2012 23:41:27 GMT -5 Value Buy said:

but based on the quarterly reports being released this week, te economy is beginning to slip again.
Many companies representing all areas of the economy are failing to meet their's or analyst's projections.

This is bad news for Obama

First of all, you are mostly wrong, secondly, I find it offensive that you would have the country dip into another recession, for political gain.

Most of you republicans are starting to bother me...look at the bigger picture and we'll meet in the middle.

I don't equate the observation that the economy is in trouble with "hav[ing] the country dip into another recession, for political gain".

Some of us just want the truth told re: the us economy, rather than having a bunch of bureaucrats Gerry-rig the numbers while the Fed prints money willy-nilly further endangering the US economy all to help little Barry who has never been able to stand on his own two feet.

[Opti]

The money printing is from the credit collapse. Obama should have done more post collapse and so should have Bush however neither are the main culprits. You should know this political fairytales or no.

[Mkitty is pro kitty]

based on the quarterly reports being released this week, te economy is beginning to slip again

Well, we can't have the economy improve forever and ever. Maybe it will get worse, but maybe it will get better, so don't pull out your fiddles just quite yet.

Some of us just want the truth told

Okay, you got us. The actual truth is our unemployment is actually 108%, with 8% doubly unemployed; our debt is 999.999... zillionty dollars, and will increase once someone invents a bigger number than a zillion. We thought we could fudge the numbers, but if we were smarter, we would've fudged them earlier and made them a lot better. And everyone Democratic is in on it, from Obama himself down to that neighbor lady with the Obama/Biden sign in the yard. There, I gave the truth you want to hear.

[mmhmm]

Oct 21, 2012 17:20:32 GMT -5 AgeOfEnlightenmentSCP said:

Oct 20, 2012 15:54:09 GMT -5 Robert not Bobby said:

First of all, you are mostly wrong, secondly, I find it offensive that you would have the country dip into another recession, for political gain.

Most of you republicans are starting to bother me...look at the bigger picture and we'll meet in the middle.

I don't equate the observation that the economy is in trouble with "hav[ing] the country dip into another recession, for political gain".

Some of us just want the truth told re: the us economy, rather than having a bunch of bureaucrats Gerry-rig the numbers while the Fed prints money willy-nilly further endangering the US economy all to help little Barry who has never been able to stand on his own two feet.

Frankly, I think most of our squeaky wheels, no matter for which side they're squeaking, want only the "truth" they want to hear. The actual truth doesn't interest them.

[Opti]

Oct 21, 2012 19:36:44 GMT -5 mmhmm said:

Oct 21, 2012 17:20:32 GMT -5 AgeOfEnlightenmentSCP said:

I don't equate the observation that the economy is in trouble with "hav[ing] the country dip into another recession, for political gain".

Some of us just want the truth told re: the us economy, rather than having a bunch of bureaucrats Gerry-rig the numbers while the Fed prints money willy-nilly further endangering the US economy all to help little Barry who has never been able to stand on his own two feet.

Frankly, I think most of our squeaky wheels, no matter for which side they're squeaking, want only the "truth" they want to hear. The actual truth doesn't interest them.

Thanks Mmhmm. I almost posted something earlier to the point that if you are into stories you probably aren't searching for truth.

[MN-Investor]

By December 31, 2008, our 7-figure portfolio had lost 24% of its value.

Since Obama has taken office, our portfolio has gone up 83%.

BTW, shares in stock of my DH's employer went up 1.74% Friday on higher than projected 3rd quarter results.

Why on earth would I vote for another Republican president after the disaster that the previous one left our economy in? It was Reagan who asked "Are you better off than you were four years ago?" Hell, YES!!!