More Positive Economic News
 

but don't go giving the current administration any kudos for making the right decisions at a crucial time....

btw Bush did well too with his contribution to saving the economy from sinking into another depression.




http://news.yahoo.com/s/ap/20091204/..._fi/us_economy


It's not the best news, but it is a positive sign.

Re: More Positive Economic News
 

Don't go out and buy that new Corvette yet. I received this notice in the mail a couple days ago.



Important Notice:

Due to recent budget cuts, the stock market crash, and the
rising cost of electricity, gas, and oil, the light at the
end of the tunnel has been turned off.

We apologize for the inconvenience.

Sincerely,
The Government

Re: More Positive Economic News
 

Whatever....

If more bad news had come out and I started a thread about it, the thread would have 10 pages of Obama-bashing.



Maybe the jury is still out on the economy for most folks here or something.


But it's looking up, an indication that the right decisions were made at the right time, though apparently by the wrong President and Administration.



CONSERVATIVES FOR OBAMA 2012!!!

Re: More Positive Economic News
 

Obama said he's happy because unemployment is at 10% right now.

WOW!

Re: More Positive Economic News
 

I wonder how he would feel if he was part of that 10%. Good thought anyhow.:thumbsup

Re: More Positive Economic News
 

You do like a good joke don't you.:sad You can't be conservative and vote for a hard core liberal.

Re: More Positive Economic News
 

LOL! What's funny is you cite this totally out of context. 10% is not a good number, but if unemployment had been expected to be way over 10% then being happy with 10% would be perfectly understandable. It's kind of like when a football team is playing bad and goes in at half and the announcers say "Coach" is happy to be going into halftime being down by only 1 touchdown.

Re: More Positive Economic News
 

Great news!!!!

Unemployment dropped from 10.2 to 10 % for the month! So with the massive, and I mean MASSIVE, amounts of seasonal and holiday help hiring that went on the rate dropped a whopping .2%.

And people are praising the fascist in office why?

Re: More Positive Economic News
 

We lost 12,000 MORE jobs and unemployment dropped from 10.2% to 10.0%.

I am not sure exactly how that works... except a government economist put the report together....

Then we get some details, there were about 100K temp jobs created due to the Christmas season and there were some additional perminant government jobs created (down here in the south we dont call that a good thing)

but the private sector did not create any real jobs.

good luck with all that....

Re: More Positive Economic News
 

Statistics are like bikinis. What they conceal is more important than what they reveal! :)