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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (694814)1/23/2013 7:23:42 AM
From: jlallen1 Recommendation  Read Replies (1) | Respond to of 1576929
 
He thinks the ecoomy is getting better because Odumbo and his shills told him it was....lol

Interesting stat yesterday.....homebuilder confidence tumbled in December. I find it interesting because I hear how great the real estate sector is doing.....and I see absolutely no evidence of that fact....



To: i-node who wrote (694814)1/23/2013 12:50:46 PM
From: tejek  Read Replies (1) | Respond to of 1576929
 
>
What I can comprehend is that the UK which is doing it your way has an economy that continues to do nothing and their PM grows more unpopular by the day.. In the meantime, the US has an economy that gets better with every passing day and a president that grows more popular by the day. Thank you, President Obama.

WTF makes you think this economy is getting any better?


Because unemployment is vastly improved...........check out all the metro areas with unemployment less than 5%..........three years ago there were maybe 3 or 4;

bls.gov

Growth is stagnant; U6 for December was higher than when the damned fool took office.

Its not stagnant.........things are getting better........slowly. We see it in car sales, employment, construction, capacity ute. etc. In some cities as diverse as Mpls, Seattle, Portland, SF, DC, Pittsburgh, Columbus etc, they are experiencing a residential construction boom. For an example, MPLS has 9K housing units under construction or planned just in the city.

The FED is printing $30B/month.

And federal spending continues at record highs, along with the resultant deficits. The country is flat broke, with 100 Trillion in debt and unfunded obligations.


Except spending is not a record levels........I posted this chart yesterday:



Record numbers of people on foodstamps, unemployment and disability.

Past tense.........except for disability........were at record levels.



To: i-node who wrote (694814)1/23/2013 1:38:00 PM
From: combjelly  Read Replies (3) | Respond to of 1576929
 
U6 for December was higher than when the damned fool took office.


Well, duh. Things continued to get worse after he took office. U6 peaked in October of that year.

portalseven.com

At 17.1%. And has been declining since April of 2010. In December of 2012 it had dropped to 14.4%. That is real progress, despite all of the attempts by Republicans to block anything to help the economy.