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Economy is making steady gains despite weak hiring (alternate universe)
AP ^
| 12.6.10
| Paul Wiseman
Posted on 12/24/2010 11:49:08 AM PST by libh8er
click here to read article
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To: screaminsunshine
Same here in L.A. Mostly scams. Another AP Obama-kiss ass propaganda...
To: hinckley buzzard
One of the indicators that is frequently overlooked is the state of the stock market. The problem with the stock market is that its value is expressed in terms of ever-inflated fiat currency. I think the future of the US is bleak because the takers now outnumber the makers.
The DOW may go to $50k, but it will be meaningless if gas goes to $15.
22
posted on
12/24/2010 12:49:35 PM PST
by
The Duke
To: kearnyirish2
What you say is true, however even ‘at the moment’ valuations may not be what they seem. Are stocks bought today true value when based on some ‘mark to fantasy’ value basis? Even basic needs value ‘at the moment’ may not be ‘real’. Notice at the stores less quantity per package/container for the same price as compared to ‘yesterday’. This will have telling effects very quickly as more fiat money is needed for less basics’. What pisses me off about articles like the one above is that the people that can least afford to spend are being encouraged to buy crap, invest, borrow, instead of getting out of debt and saving. We are into a ‘typhoon’ and these idiots are telling you to go ‘sailing’.
23
posted on
12/24/2010 1:02:56 PM PST
by
yadent
To: spintreebob
How many are ‘part-time’ positions?
24
posted on
12/24/2010 1:06:12 PM PST
by
yadent
To: GiovannaNicoletta
Ding! Ding! Ding!
We have a winner...
25
posted on
12/24/2010 1:16:07 PM PST
by
ChinaGotTheGoodsOnClinton
(Standing by the walls of Minas Tirith as Sauron's forces pound the gates...)
To: kearnyirish2
"I know we have still not hit bottom yet." We will not hit bottom for a year are two after the governments stops trying to produce an economy based fake housing values, that are over, over, over price and each day the gap gets bigger for the average person to be able to afford one.
To: libh8er
“Factories are busier.”
Yes, but there are fewer of them.
To: screaminsunshine
“Autos are selling.”
Because they are government subsidized.
To: Cheetahcat
“Incomes are rising.”
And so are prices.
To: libh8er
WASHINGTON (AP) -- The economy is starting to fire on almost every cylinder these days but the one that matters most: Job creation. The Onion has nothing on AP.
![](http://farm3.static.flickr.com/2743/4175015880_cea9ebed9e_m.jpg)
Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
30
posted on
12/24/2010 2:22:11 PM PST
by
The Comedian
(Government: Saving people from freedom since time immemorial.)
To: The Duke
The stock market is being driven by the fact that it has been under valued since 2009 the wake of the stock market panic, and bottom line earnings numbers have improved.
The problem is that bottom line earnings numbers in themselves are not good indicators of economic growth. Big companies became profitable during 2009 by getting out of debt, and by laying off younger and less productive workers in order to cut costs. But the top line, (gross income) has not improved much, which means that the the size of the economy has not increased.
Furthermore, the number of people trying to enter the work force outnumber the number of jobs being created.
To: Brilliant
Incomes are rising.
And so are prices.”
And the dollar is falling example, the Wifes family is in the Philippines and the dollar is at 44 Pesos down from over 50.
32
posted on
12/24/2010 2:54:38 PM PST
by
Cheetahcat
( November 4 2008 ,A date which will live in Infamy.)
To: screaminsunshine
We are a small manufacturer in California and we are working our tails off. We have more clients/customers now than ever. There was a dry spell where we were worried but now its a deluge of work.
We wish we could hire some help but don’t dare because of the government enforced obligations on employers. Its like signing adoption papers when you hire someone. Its way too much commitment.
So we are grateful to have the work, but we are working way too hard.
33
posted on
12/24/2010 3:00:10 PM PST
by
helpfulresearcher
(Bipartisanship: The PC Term for Collaboration with the Enemy)
To: hinckley buzzard
A lot of people completely got out of the stock market
34
posted on
12/24/2010 3:16:02 PM PST
by
Son House
(The TEA Party is Going to Be Like a GI Party...Clean House!)
To: yadent
Yep, I am even suspicious the width of the toilet paper has suffered to claim the same number of sheets
35
posted on
12/24/2010 3:18:40 PM PST
by
Son House
(The TEA Party is Going to Be Like a GI Party...Clean House!)
To: Brilliant
Yes, 4th quarter is busier for most factories, but just wait for 1st and 2nd quarter...
36
posted on
12/24/2010 3:20:16 PM PST
by
Son House
(The TEA Party is Going to Be Like a GI Party...Clean House!)
To: helpfulresearcher
Its like signing adoption papers when you hire someone.
Quote of the day, year, and probably the next decade. Just reminded of my prediction of 10 years of recovery for each term.
37
posted on
12/24/2010 3:25:25 PM PST
by
Son House
(The TEA Party is Going to Be Like a GI Party...Clean House!)
To: libh8er
We don’t need no ‘lection in 2012. Obammy is so in that casting ballots is a waste of time/paper!
To: libh8er
![](http://img.photobucket.com/albums/v253/chode6/chode2.gif)
i don't know where the money is coming from, but...
i can't drive a mile or two in any direction without seeing new roofs, new siding, new rooms/additions, new garages, new homes, etc.
it's been this way for the past five or six years, with no sign of let up
and i live in the boondocks
39
posted on
12/24/2010 5:40:19 PM PST
by
Chode
(American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
To: libh8er
40
posted on
12/24/2010 7:37:09 PM PST
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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