May Factory Orders Drop More Than Expected

CNBC ^ | 07/02/2010 | Reuters

[Rational Thought]

New orders for U.S. factory products tumbled much more than expected in May, posting their sharpest drop since the depth of the recession and their first decline in nine months, a government report showed Friday

[Rational Thought]

Just think how much worse this number would have been if not for Obama.

[Jack Hydrazine]

Surprisingly unexpected!

[Cringing Negativism Network]

How’s that “free trade” thing working out so far?

http://www.youtube.com/watch?v=RR1fDL7x1Sg

[CPT Clay]

Ping

[Thurston_Howell_III]

he was talking the other day about his excellent stewardship saved us from an unemployment level of 15%, 16% or even 17%!

[Tulane]

When I become dictator of America, the word “unexpecte” and the phrase “more than expected” shall be liquidated.

You are on notice.

[Tulane]

When I become dictator of America, the word “unexpected” and the phrase “more than expected” shall be liquidated.

You are on notice.

[Cringing Negativism Network]

Where’s my pie?

[massgopguy]

What happened to “Unexpectedly”?

[COUNTrecount]

If history repeats itself, and the unexpected always happens, how incapable must Man be of learning from experience.

George Bernard Shaw

[mort56]

Ah..there it is again. The expected unexpected.

[shadeaud]

We should just produce weapons. The export ratio would increase dramatically. Then we can legalize cocaine and pave some desert trails from Mexico up to some major highways(complete with free rest stops and taco bells)

[mort56]

Ah..there it is again. The expected unexpected.

[evets]

[Rational Thought]

Then we can legalize cocaine and pave some desert trails from Mexico up to some major highways(complete with free rest stops and taco bells)

We should build High Speed Rail for them instead.

[agere_contra]

Free Trade isn’t the problem.

Where American industry is in trouble, it is because it is weighed down with taxation, over-regulation, unionization and an increasingly poorly educated or tax-demotivated workforce.

Raising tariffs/subsidies and so forcing Americans to buy their stuff from feather-bedded internal suppliers (e.g. General Motors) would not solve these problems.

The only reason Americans have a reasonable standard of living at all is because people across the world make stuff well and cheaply, and compete to bring it to America’s door.

Don’t like buying stuff from other people? Try reducing America’s internal barriers to wealth-production. But it’s simply shameful to complain that American factories have to deal with competition.

[Cringing Negativism Network]

“Free trade” is indeed the problem.

Get out of the way.

[org.whodat]

If I had that bottle I could get rich, no matter how many shots he takes the bottle level remains the same.

[Stosh]

NH2NH2:

Does anybody remember the last time an economic number came in where it was expected?

[fatez]

Ok, for now on, unexpected equals unanticipated...