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Good point by this economist. Most economic data stinks and mortgage rates (thanks to The Fed and Europe) are at all time lows. Maybe The Fed is responsible for the rise in consumer confidence.
1 posted on 10/12/2012 8:22:40 AM PDT by whitedog57
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To: whitedog57

Does the QE spending give us false economic estimates?


2 posted on 10/12/2012 8:25:35 AM PDT by mountainlion (Live well for those that did not make it back.)
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To: whitedog57

Seriously, as real GDP growth hovers barely above 1% and the crash in durable goods orders, this is a surprise.
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A lot of suspicious economic numbers coming out just one month before the election. Isn’t it curious how they all magically work to the benefit of the Dems?


3 posted on 10/12/2012 8:26:32 AM PDT by Starboard
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To: whitedog57

I don’t believe this but I wish it were true. Our e-commerce business is growing despite the economy but we feel as if there is a boulder about to drop on our heads at any moment. Means a lot of sleepless nights.


6 posted on 10/12/2012 8:39:54 AM PDT by albionin
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To: whitedog57

As Romeny’s chances increase, so does economic optimism.


8 posted on 10/12/2012 9:40:11 AM PDT by conservative sympathizer
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To: whitedog57

Go Bucks! And don’t be surprised to find some extraordinarily good economic news and numbers mysteriously cropping up over the next few weeks. After all, unemployment suddenly dropped below 8%, even though the facts don’t support the numbers!


9 posted on 10/12/2012 10:02:39 AM PDT by Oldpuppymax
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To: whitedog57

If there is any improvement in this measurement it is because of people’s optimism as they look past Obama to a Romney administration.


12 posted on 10/12/2012 12:44:34 PM PDT by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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