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Another huge problem is the number of folks who have been unemployed for more than half a year--it just keeps going up

Read more: http://www.businessinsider.com/a-quick-primer-on-why-everyone-thinks-the-economy-is-headed-into-the-toilet-again-2010-7#another-huge-problem-is-the-number-of-folks-who-have-been-unemployed-for-more-than-half-a-year-it-just-keeps-going-up-2#ixzz0tTYqUg4V

1 posted on 07/12/2010 6:53:18 AM PDT by Kartographer
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To: Kartographer

I never thought the economy was headed in the right direction, ever so often you have what is it called demand for durable goods, sometimes you just have to buy a refrigerator, like now, i am going to buy a freezer next week other one broke down
melissa


2 posted on 07/12/2010 6:57:41 AM PDT by mel
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To: Kartographer

I don’t recall everyone being jubilant about the economy 3 months ago.

I must have missed a memo.


3 posted on 07/12/2010 7:00:06 AM PDT by ltc8k6
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To: Kartographer

The “recovery” was all artificial. Big dollars in stimulus projects that are no longer being given out. The cash for clunkers program ending. The tax rebate for home buyers ending (talk to anyone in real estate-the market has completely died as anyone who was going to buy already did so)...AND NOW HOLD ONTO YOUR HATS-750,000 temp workers for the census begin to get let go in 3 weeks.


5 posted on 07/12/2010 7:01:57 AM PDT by icwhatudo ("laws requiring compulsory abortion could be sustained under the existing Constitution"Obama Adviser)
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To: Kartographer

ping


6 posted on 07/12/2010 7:03:49 AM PDT by unkus
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To: Kartographer

Busnisses can’t borrow because lenders are too busy loaning to the government.Every Republican running in November should feature this graph in their ads. Make this election about Pelosi/Reid the way they made the last one about Bush.:
http://www.americanthinker.com/blog/Dow%20roller%20coaster.jpg


10 posted on 07/12/2010 7:05:40 AM PDT by csmusaret (A government that can dictate how much water flows into a toilet is a powerful government indeed.)
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To: Kartographer
>> A Quick Primer On Why Everyone Thinks The Economy Is Headed Into The Toilet Again << Into the toilet again? Since when did it come out?
14 posted on 07/12/2010 7:10:33 AM PDT by DeoVindiceSicSemperTyrannis
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To: Kartographer

The agenda of the obastard people is that they know their days are numbered, they aren’t going to have another chance like this for ages to come and they are wrecking as much as they can while they can to make the mess impossible to clean-up.

I looked at the 9/12 rally pictures last night...what a crowd! Didn’t have a shred of impact on the agenda. It may have shown some that they are not alone but that is about all.


15 posted on 07/12/2010 7:12:32 AM PDT by Sequoyah101 (Half of the population is below average)
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To: Kartographer

Employment has been heading for the tank since Clinton made trade deals with China and Bush made them a permanent trading partner. Clinton boosted the economy with the dotcom era and Bush goosed it up with a war economy.

Perot heard the trade job sucking sound in 1992 and both parties are still deaf.

The answer is obvious. PRODUCE MORE - IMPORT LESS


17 posted on 07/12/2010 7:24:54 AM PDT by ex-snook ("Above all things, truth beareth away the victory")
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To: Kartographer
Keynesian economics fails every time it is tried.

19 posted on 07/12/2010 7:27:59 AM PDT by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
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To: Kartographer

Cue the demand side economist like Krugman who will say: “I toild you we should have kept spending.”


22 posted on 07/12/2010 7:33:58 AM PDT by IamConservative (I don't tweet, I toot...)
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To: Kartographer

Darned good little “summary” primer. Well done.


29 posted on 07/12/2010 8:10:10 AM PDT by ThePatriotsFlag (http://www.thepatriotsflag.com - The Patriot's Flag)
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To: Kartographer
Mark to Market accounting rules are going to wreak their usual havoc as well. In a move that nobody seems to notice nor care about, this simple switch will do extensive damage to any budding recovery.

Regime Change.

30 posted on 07/12/2010 8:28:22 AM PDT by Bon mots
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To: Kartographer
A$$Paper not a viable means of creating a sustainable economy... and now its all locked up? Tsk tsk.



What ~will the suuuuper genius Geckonomists pull out of the South end of their digestive tracts next?

Maybe it's time to look North of the WH, find that moral compass again - and reform Accountability into the Republic...


Oh say can you see
with your own eyes and free mind
2 miles North?

31 posted on 07/12/2010 8:30:35 AM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: Kartographer

The reason everyone is so pessimistic again..?

Look at Obama on the oil spill cleanup.

Look at Obama on Arizona.

Look at Obama’s Donald ‘Death Panel’ Berwick recess appointment.

Look at Obama.


34 posted on 07/12/2010 9:04:49 AM PDT by Freddd (CNN is down to Three Hundred Thousand viewers. But they worked for it.)
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