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Why So Glum? Numbers Point to a Recovery
NY Times ^ | 4/9/2010 | FLOYD NORRIS

Posted on 04/09/2010 4:35:12 AM PDT by Woebama

The American economy appears to be in a cyclical recovery that is gaining strength. Firms have begun to hire and consumer spending seems to be accelerating.

That is what usually happens after particularly sharp recessions, so it is surprising that many commentators, whether economists or politicians, seem to doubt that such a thing could possibly be happening.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS:
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Interested in Freeper comments. He supports his view with some facts and figures, so read the article. I don't see it where I'm sitting. The jobs and sales around me are still not happening.
1 posted on 04/09/2010 4:35:12 AM PDT by Woebama
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To: Woebama

Increased jobless claims always point to a recovery. And my massive beer gut always entices bikini models to my front door.


2 posted on 04/09/2010 4:36:28 AM PDT by domenad (In all things, in all ways, at all times, let honor guide me.)
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To: Woebama

What utter BS. The NYT is still trying to tell the rest of the us how stupid we are that we don’t see a recovery.


3 posted on 04/09/2010 4:36:47 AM PDT by caver (Obama: Home of the Whopper)
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To: domenad

LOL! Post of the day.


4 posted on 04/09/2010 4:37:30 AM PDT by Red in Blue PA (Thinking of using 911 for protection? Google "Brittany Zimmerman")
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To: Woebama

Nothing is recovering, it has just hit rock bottom and can’t go any lower. The quicker we get rid of this Commie occupying the White House the quicker we can get to real recovery.


5 posted on 04/09/2010 4:38:53 AM PDT by tobyhill
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To: Woebama

He got the weekend talking points a day early.


6 posted on 04/09/2010 4:39:40 AM PDT by lunarville (Common sense ain't so common anymore...)
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To: Woebama
Right now the "economy" is being propped up by tax dollars. Those are sure to run dry soon. Then what?

I believe the stimulus money is being held back till just before the election where the WH will release billions as payoffs for votes.

7 posted on 04/09/2010 4:41:55 AM PDT by raybbr (I hate B(ig) H(ead) Obama)
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To: Woebama

Even assuming the bloodied economy is stumbling to it’s feet, it won’t be long before the club of all the new taxes
will club it back down to the ground!


8 posted on 04/09/2010 4:42:49 AM PDT by almost done by half
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To: Woebama

The Audacity of the NYT... why am I not surprised.


9 posted on 04/09/2010 4:43:13 AM PDT by TV Dinners (Hope is not a Strategy)
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To: Woebama
Firms have begun to hire and consumer spending seems to be accelerating.

Uh....we're losing @ half a million jobs per WEEK. What "recovery?"
The next round of sub prime mortgages are coming due. How many will be homeless - and unemployed - this time?

10 posted on 04/09/2010 4:43:36 AM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: Woebama

The private sector has cut costs, in some cases drastically, to navigate through the recession. The public sector is spending more than ever at the federal, state, and local level. Recovery cannot begin in ernest until this government bubble bursts.


11 posted on 04/09/2010 4:43:37 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Woebama

Sure...the economy is recovering....and Tiger Woods is really a virgin...


12 posted on 04/09/2010 4:44:13 AM PDT by UCFRoadWarrior (Sarah Palin: "I support Amnesty...not Total Amnesty". I guess they sell "Diet Amnesty")
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To: Woebama
BS

As Mark Twain put it, "There are lies, damned lies, and statistics." I think this article has all three.

13 posted on 04/09/2010 4:45:30 AM PDT by kosciusko51
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To: Woebama

Obama: No recovery will go unpunished! ;-)


14 posted on 04/09/2010 4:46:13 AM PDT by charles1252
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To: Woebama

There was an article yesterday from the Business Insider that pointed out how much of the current consumer spending is occurring b/c they have no mortgages...


15 posted on 04/09/2010 4:47:03 AM PDT by sauropod (Ill behaved women rarely make dinner.)
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To: sauropod

“There was an article yesterday from the Business Insider that pointed out how much of the current consumer spending is occurring b/c they have no mortgages...”

And no jobs to buy food so no weight problems.....;-)


16 posted on 04/09/2010 4:49:11 AM PDT by chipper dave
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To: Oldeconomybuyer

Yup!

The government is spending so much federally and locally I don’t see how anyone but the govt workers and wall street firms can recover in this mess as all the money being spent is going to those sectors.

Everyone else is screwed.


17 posted on 04/09/2010 4:49:37 AM PDT by GlockThe Vote
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To: Woebama

Not where I sit and, believe me, I wish it were so.

Personally, I’ll start to have more confidence when commercial real estate begins moving again but, where I am, there is only an ever-growing glut as small businesses continue to shut down.


18 posted on 04/09/2010 4:49:55 AM PDT by Nickname (2012 - Yes You're Canned!)
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To: almost done by half

bingo


19 posted on 04/09/2010 4:49:56 AM PDT by beagleone
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To: tobyhill

it has just hit rock bottom and can’t go any lower.
*********

Nope, you ain’t seen nuthin’ yet.


20 posted on 04/09/2010 4:50:25 AM PDT by Canedawg (I'm not diggin' this tyranny thing.)
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