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Rising U.S. economy could help Democrats stave off election loss
Reuters ^ | May 12, 2014 | BY RICHARD COWAN

Posted on 05/12/2014 3:31:38 AM PDT by Oldeconomybuyer

Here's a riddle: Many Republicans deny it's happening. Some Democrats don't want to talk about it. What is it?

The answer is the growing U.S. economy, on pace to expand as much as 3.5 percent this year, about the best performance in the industrialized world. Unemployment has fallen from 10 percent to about 6.3 percent and consumer confidence is at a six-year high.

Better economic data could help persuade voters in November to look past President Barack Obama's weak approval ratings and his unpopular healthcare law and give Democrats enough lift to hold onto the Senate and limit their losses in the House, political strategists said.

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


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: 2014issues; 2014midterms; bho44; bhoeconomy; failure; journalism; obamanomics; socialism
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To: Oldeconomybuyer

92 million Americans are jobless.
This article is whistling past the graveyard...


41 posted on 05/12/2014 4:53:12 AM PDT by Eric in the Ozarks (Rip it out by the roots.)
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To: clearcarbon

One of our modern tragedies is that you get better reporting on the Benghazi situation, economics and political scandals from Pravda and Al Jazeera than NBC, CBS, etc.


42 posted on 05/12/2014 4:58:29 AM PDT by tbw2
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To: AntiScumbag
The economy IS growing, and by a lot more than .1%. Maybe something like 2% this year.

By what measure? GDP? GDP is a meaningless made up number that is rigged to always overstate the growth of the economy.

43 posted on 05/12/2014 5:03:17 AM PDT by Orangedog (An optimist is someone who tells you to 'cheer up' when things are going his way)
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To: Oldeconomybuyer

What BS...


44 posted on 05/12/2014 5:04:50 AM PDT by ExCTCitizen (I'm ExCTCitizen and I approve this reply. If it does offend Libs, I'm NOT sorry...)
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To: AntiScumbag
But, that’s no reason to deny that this economy is currently expanding and has been for years

Yes, it is expanding!

Provided, of course, you define 'expanding' as extremely higher inflation, with no salary increases to offset it; many new part-time jobs with an equivalent loss of full-time jobs; and a stock market that is higher because the dollar is devaluing. WHOO HOO! PARTY TIME!

45 posted on 05/12/2014 5:08:41 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: Gaffer

“The equivalent of a two-year old with chocolate all over her face saying she didn’t eat that candy.”

They’re more like obnoxious, fifteen-year old, adolescent junior-high-schoolers.

IMHO


46 posted on 05/12/2014 5:10:04 AM PDT by ripley
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To: Oldeconomybuyer

The rising economy is only happening to the richest counties in the US that surround the District of Criminals.


47 posted on 05/12/2014 5:10:10 AM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: Oldeconomybuyer

Gaslightin pure and simple. When millions more are shifted to disability from unemployment an dropped from unemployment counts then we will really have good numbers.


48 posted on 05/12/2014 5:10:45 AM PDT by Organic Panic
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To: Oldeconomybuyer
Mr. Cowan is whistling past the grave yard.

5.56mm

49 posted on 05/12/2014 5:11:43 AM PDT by M Kehoe
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To: AntiScumbag
Proof? Simple. Actual, collected withholding and income taxes are up about 7% year-over-year.

Yeah, but...the rate on the so called wealthy (over 250k) is way up. As is inflation thanks to massive government printing. Let's see if the collections are up next year as well.

On the bright side, corn prices are expected to keep dropping which means our gas will be cheaper when we have to buy more of it because of all the ethanol they're putting in the pump.

50 posted on 05/12/2014 5:13:00 AM PDT by old and tired
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To: PreciousLiberty

“I think most folk are seeing through the lies by now...they’re out there seeing it firsthand every day, despite whatever BS the media is selling.”

I live in SE Texas.

Parts of Texas are booming, other parts are doing OK, other parts are in the dirt.

Overall Texas is doing OK. From what I’ve been told, this is exactly how it was in Texas during the Great Depression.

Even in Texas you can see the economy isn’t OK.

I can only imagine what people in other states are seeing.


51 posted on 05/12/2014 5:14:48 AM PDT by IMR 4350
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To: IMR 4350

California is falling to pieces.

Just saying.

America needs to bring back jobs to America.


52 posted on 05/12/2014 5:16:15 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: AntiScumbag

Is the economy really growing? Or is it that the dollar value of the produced goods are expanding due to inflation? I know the regime is saying that the inflation rate is about 1.5%.

That’s crap.

My grocery bill has doubled in the last 4 years. And I’m not buying as many groceries.


53 posted on 05/12/2014 5:16:30 AM PDT by wolfpat (Not to know what has been transacted in former times is to be always a child. -- Cicero)
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To: ripley
They’re more like obnoxious, fifteen-year old, adolescent junior-high-schoolers.

I'll give you that for sure. However, I was kinda thinking they're not that advanced. I mean 'beentheredonethat'.....the 15YOs are just plain devious.

I don't think these people are that smart. Devious, yes. Smart, no. Just persistent.

54 posted on 05/12/2014 5:19:09 AM PDT by Gaffer
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To: Gaffer

Bookmark


55 posted on 05/12/2014 5:19:30 AM PDT by tanknetter
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To: Oldeconomybuyer

The only place the economy is growing is in the imagine of the media.


56 posted on 05/12/2014 5:24:22 AM PDT by sport
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To: Oldeconomybuyer

Now Entering REDOVERY SUMMER PHASE 6


57 posted on 05/12/2014 5:25:42 AM PDT by Iron Munro (Malaysia Flight MH370 Black Box signals reported in Bermuda Triangle)
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To: Oldeconomybuyer

And if it isn’t actually growing, they’ll just report that it is.


58 posted on 05/12/2014 5:26:00 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Oldeconomybuyer

So it will be imperative that the Democrats create the ILLUSION of a rising economy before fall. Look for a lie-storm from the media and an all-out assault on Truth from the lying Left (but I repeat myself).


59 posted on 05/12/2014 5:28:53 AM PDT by IronJack
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To: Oldeconomybuyer

Only if the GOP is stupid enough to let Karl Rove plan strategy for its candidates. If George Washington had hired Rove, he would have gone from Revolutionary War hero to farming in VA the rest of his life.


60 posted on 05/12/2014 5:34:34 AM PDT by txrefugee
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