More Good Economic News

"The 0.2 percent increase in purchases followed a 0.6 percent June gain that was larger than previously reported, Commerce Department figures showed today in Washington. The numbers in the report that feed into gross domestic product climbed by the most this year, prompting some economists to boost growth estimates.

More jobs and rising household wealth tied to higher home values and stock prices are boosting confidence and triggering improving sales at companies such as Michael Kors Holdings Ltd. A pickup in consumer spending, which accounts for about 70 percent of the economy, would help counter the fiscal headwinds of government cutbacks that have held back growth."

http://www.bloomberg.com/news/2013-08-13/retail-sales-in-u-s-rose-in-july-for-fourth-consecu
-------------------

Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%.

RedWhiteBlue wrote:"Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%.

Kind of anemic when compared to the 85 Billion being pumped into the stock market every month by the government.

"U.S. economic performance remains too mixed..."  

"...GDP growth has remained lackluster."   

"...weak economic growth gave him reason for pause"  

Atlanta Fed President Dennis Lockhart

http://www.cnbc.com/id/100928545

Teh Obamaa gave uz part time jerbs...he is teh awesum

pse1124 wrote:Teh Obamaa gave uz part time jerbs...he is teh awesum

 

 
http://investigations.nbcnews.com/_news/2013/08/13/20010062-businesses-claim-obamacare-has-forced-them-to-cut-employee-hours?lite

pse1124 wrote:Teh Obamaa gave uz part time jerbs...he is teh awesum

Barak Hussein Obama

oooooooooo ooooooooooooo ooooooooooo

Barak Hussein Obama

ooooooooo oooooooooo oooooooooo

RedWhiteBlue wrote:"Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%.

As of 12:20 PM, August 14, 2013

Markets Updated  1:17 pm EDT Aug 14
Indexes Dow 15,358.73 -92.28 (-0.60 %)
Nasdaq 3,675.18  -9.26 (-0.25 %)
S&P 1,687.87 -6.29 (-0.37 %)

WHAT'S THIS "THE ECONOMY IS SOOOOOO GOOOOOOOOOOD" BS YOU WERE TELLING US ??

Skeptical wrote:

RedWhiteBlue wrote:"Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%.

As of 12:20 PM, August 14, 2013

Markets Updated  1:17 pm EDT Aug 14
Indexes Dow 15,358.73 -92.28 (-0.60 %)
Nasdaq 3,675.18  -9.26 (-0.25 %)
S&P 1,687.87 -6.29 (-0.37 %)

WHAT'S THIS "THE ECONOMY IS SOOOOOO GOOOOOOOOOOD" BS YOU WERE TELLING US ??

As the link in the opening post states ("consumer spending, which accounts for about 70 percent of the economy"); many other factors are involved in addition to the stock market.

But, since you posted the indexes, you might be interested in this:

DOW = (about) 8000[Jan'09]  --- 13800[Jan'13] --- 15,350[today]

NASDAQ =  1500[Jan'09] --- 3100[Jan'13] ---  3670[today]

S&P =  800[Jan'09] --- 1500[Jan'13] --- 1680[today]

Darth Cheney wrote:

pse1124 wrote:Teh Obamaa gave uz part time jerbs...he is teh awesum

  
http://investigations.nbcnews.com/_news/2013/08/13/20010062-businesses-claim-obamacare-has-forced-them-to-cut-employee-hours?lite

"Loren Goodridge, who owns 21 Subway franchises, including a restaurant in Kennebunk."
If Goodridge still can't afford to provide his employees with this basic benefit, he needs to take a look at his financial management priorities.

RedWhiteBlue wrote:

Skeptical wrote:

RedWhiteBlue wrote:"Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%.

As of 12:20 PM, August 14, 2013

Markets Updated  1:17 pm EDT Aug 14
Indexes Dow 15,358.73 -92.28 (-0.60 %)
Nasdaq 3,675.18  -9.26 (-0.25 %)
S&P 1,687.87 -6.29 (-0.37 %)

WHAT'S THIS "THE ECONOMY IS SOOOOOO GOOOOOOOOOOD" BS YOU WERE TELLING US ??

As the link in the opening post states ("consumer spending, which accounts for about 70 percent of the economy"); many other factors are involved in addition to the stock market.

But, since you posted the indexes, you might be interested in this:

DOW = (about) 8000[Jan'09]  --- 13800[Jan'13] --- 15,350[today]

NASDAQ =  1500[Jan'09] --- 3100[Jan'13] ---  3770[today]

S&P =  800[Jan'09] --- 1500[Jan'13] --- 1680[today]

I fully realize you are unable to understand the most elementary of economic basics but the Stock market has zero correlation to the economy as felt by normal citizens.  The government is pumping over a trillion dollars into the markets every year created out of thin air.  This has caused an economic bubble with Wall Street investors profiting from ultimately the collapse of the dollar and rapid inflation and interest rate rise in the not-so-distant future.  The very thing that you seem to cheer is actually cutting your own throat and everyone else you know. Without the fact most people are ignorant of the current slide of hand that is occurring, they foolishly believe things are improving.  It has taken decades for the Democrats to create such a gaggle of idiots but they now reap the rewards as their country is systematically destroyed and celebrated by the left.

I fully realize you are unable to understand the most elementary of economic basics but the Stock market has zero correlation to the economy as felt by normal citizens.  The government is pumping over a trillion dollars into the markets every year created out of thin air.  This has caused an economic bubble with Wall Street investors profiting from ultimately the collapse of the dollar and rapid inflation and interest rate rise in the not-so-distant future.  The very thing that you seem to cheer is actually cutting your own throat and everyone else you know. Without the fact most people are ignorant of the current slide of hand that is occurring, they foolishly believe things are improving.  It has taken decades for the Democrats to create such a gaggle of idiots but they now reap the rewards as their country is systematically destroyed and celebrated by the left. [/quote] ________________________________________________________________________________

nails it.   btw: over 7% unemployment the new norm. Live with it!

Darth Cheney wrote:

pse1124 wrote:Teh Obamaa gave uz part time jerbs...he is teh awesum

 [flash(425,350)]
 
http://investigations.nbcnews.com/_news/2013/08/13/20010062-businesses-claim-obamacare-has-forced-them-to-cut-employee-hours?lite

Luke Perfect, who has worked at Goodridge’s Kennebunk Subway for more than a decade, said it was “horrible” to learn he was among the employees whose hours would be limited, and that it would be a financial hardship. “I’m barely scraping by with overtime,” he said.

Who the hell works at a subway for over 10 yrs.?  WTF   Lahooser.

BTW; RWB How do you run your 21 restaurants? How many employees do you have? Do you pay min wage?

http://cnsnews.com/news/article/treasury-ran-98-billion-deficit-july-debt-stayed-exactly-16699396000000

More proof the economy is recovering; The nat debt has stopped growing. Praise oh Obama!!!  

 

RedWhiteBlue wrote:

Skeptical wrote:

RedWhiteBlue wrote:"Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%.

As of 12:20 PM, August 14, 2013

Markets Updated  1:17 pm EDT Aug 14
Indexes Dow 15,358.73 -92.28 (-0.60 %)
Nasdaq 3,675.18  -9.26 (-0.25 %)
S&P 1,687.87 -6.29 (-0.37 %)

WHAT'S THIS "THE ECONOMY IS SOOOOOO GOOOOOOOOOOD" BS YOU WERE TELLING US ??

As the link in the opening post states ("consumer spending, which accounts for about 70 percent of the economy"); many other factors are involved in addition to the stock market.

But, since you posted the indexes, you might be interested in this:

DOW = (about) 8000[Jan'09]  --- 13800[Jan'13] --- 15,350[today]

NASDAQ =  1500[Jan'09] --- 3100[Jan'13] ---  3670[today]

S&P =  800[Jan'09] --- 1500[Jan'13] --- 1680[today]

LOL, how quickly you forget it was you who deflected and brought the stock market into play with

Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%

Wait until Bernanke halts giving 85 Billion a month to prop up the stock market to give the illusion things are  good!

When he stops the bail out look for interest rates to go up and the value of stocks fall.

Skeptical wrote:

RedWhiteBlue wrote:

Skeptical wrote:

RedWhiteBlue wrote:"Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%.

As of 12:20 PM, August 14, 2013

Markets Updated  1:17 pm EDT Aug 14
Indexes Dow 15,358.73 -92.28 (-0.60 %)
Nasdaq 3,675.18  -9.26 (-0.25 %)
S&P 1,687.87 -6.29 (-0.37 %)

WHAT'S THIS "THE ECONOMY IS SOOOOOO GOOOOOOOOOOD" BS YOU WERE TELLING US ??

As the link in the opening post states ("consumer spending, which accounts for about 70 percent of the economy"); many other factors are involved in addition to the stock market.

But, since you posted the indexes, you might be interested in this:

DOW = (about) 8000[Jan'09]  --- 13800[Jan'13] --- 15,350[today]

NASDAQ =  1500[Jan'09] --- 3100[Jan'13] ---  3670[today]

S&P =  800[Jan'09] --- 1500[Jan'13] --- 1680[today]

LOL, how quickly you forget it was you who deflected and brought the stock market into play with

Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%

Wait until Bernanke halts giving 85 Billion a month to prop up the stock market to give the illusion things are  good!

When he stops the bail out look for interest rates to go up and the value of stocks fall.

"deflecting" ? - actually, it was an add-on to my opening post.
We could use a little rise in interest rates, don't you think?

RedWhiteBlue wrote:

Skeptical wrote:

RedWhiteBlue wrote:

Skeptical wrote:

RedWhiteBlue wrote:"Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%.

As of 12:20 PM, August 14, 2013

Markets Updated  1:17 pm EDT Aug 14
Indexes Dow 15,358.73 -92.28 (-0.60 %)
Nasdaq 3,675.18  -9.26 (-0.25 %)
S&P 1,687.87 -6.29 (-0.37 %)

WHAT'S THIS "THE ECONOMY IS SOOOOOO GOOOOOOOOOOD" BS YOU WERE TELLING US ??

As the link in the opening post states ("consumer spending, which accounts for about 70 percent of the economy"); many other factors are involved in addition to the stock market.

But, since you posted the indexes, you might be interested in this:

DOW = (about) 8000[Jan'09]  --- 13800[Jan'13] --- 15,350[today]

NASDAQ =  1500[Jan'09] --- 3100[Jan'13] ---  3670[today]

S&P =  800[Jan'09] --- 1500[Jan'13] --- 1680[today]

LOL, how quickly you forget it was you who deflected and brought the stock market into play with

Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%

Wait until Bernanke halts giving 85 Billion a month to prop up the stock market to give the illusion things are  good!

When he stops the bail out look for interest rates to go up and the value of stocks fall.

"deflecting" ? - actually, it was an add-on to my opening post.
We could use a little rise in interest rates, don't you think?

Last time we had an as incompetent Liberal President in the White House...mortgage rates were 18% and auto loans were around 25%...good times.

Darth Cheney wrote:

RedWhiteBlue wrote:

Skeptical wrote:

RedWhiteBlue wrote:

Skeptical wrote:

RedWhiteBlue wrote:"Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%.

As of 12:20 PM, August 14, 2013

Markets Updated  1:17 pm EDT Aug 14
Indexes Dow 15,358.73 -92.28 (-0.60 %)
Nasdaq 3,675.18  -9.26 (-0.25 %)
S&P 1,687.87 -6.29 (-0.37 %)

WHAT'S THIS "THE ECONOMY IS SOOOOOO GOOOOOOOOOOD" BS YOU WERE TELLING US ??

As the link in the opening post states ("consumer spending, which accounts for about 70 percent of the economy"); many other factors are involved in addition to the stock market.

But, since you posted the indexes, you might be interested in this:

DOW = (about) 8000[Jan'09]  --- 13800[Jan'13] --- 15,350[today]

NASDAQ =  1500[Jan'09] --- 3100[Jan'13] ---  3670[today]

S&P =  800[Jan'09] --- 1500[Jan'13] --- 1680[today]

LOL, how quickly you forget it was you who deflected and brought the stock market into play with

Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%

Wait until Bernanke halts giving 85 Billion a month to prop up the stock market to give the illusion things are  good!

When he stops the bail out look for interest rates to go up and the value of stocks fall.

"deflecting" ? - actually, it was an add-on to my opening post.
We could use a little rise in interest rates, don't you think?

Last time we had an as incompetent Liberal President in the White House...mortgage rates were 18% and auto loans were around 25%...good times.

PSSST...13% unemployment and 10+% prime rate.

sodaknomad wrote:

Darth Cheney wrote:

RedWhiteBlue wrote:

Skeptical wrote:

RedWhiteBlue wrote:

Skeptical wrote:

RedWhiteBlue wrote:"Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%.

As of 12:20 PM, August 14, 2013

Markets Updated  1:17 pm EDT Aug 14
Indexes Dow 15,358.73 -92.28 (-0.60 %)
Nasdaq 3,675.18  -9.26 (-0.25 %)
S&P 1,687.87 -6.29 (-0.37 %)

WHAT'S THIS "THE ECONOMY IS SOOOOOO GOOOOOOOOOOD" BS YOU WERE TELLING US ??

As the link in the opening post states ("consumer spending, which accounts for about 70 percent of the economy"); many other factors are involved in addition to the stock market.

But, since you posted the indexes, you might be interested in this:

DOW = (about) 8000[Jan'09]  --- 13800[Jan'13] --- 15,350[today]

NASDAQ =  1500[Jan'09] --- 3100[Jan'13] ---  3670[today]

S&P =  800[Jan'09] --- 1500[Jan'13] --- 1680[today]

LOL, how quickly you forget it was you who deflected and brought the stock market into play with

Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%

Wait until Bernanke halts giving 85 Billion a month to prop up the stock market to give the illusion things are  good!

When he stops the bail out look for interest rates to go up and the value of stocks fall.

"deflecting" ? - actually, it was an add-on to my opening post.
We could use a little rise in interest rates, don't you think?

Last time we had an as incompetent Liberal President in the White House...mortgage rates were 18% and auto loans were around 25%...good times.

PSSST...13% unemployment and 10+% prime rate.

Actually the prime hit an astounding 21.5% in December, 1980 under the Peanut.  

http://www.fedprimerate.com/wall_street_journal_prime_rate_history.htm

Gomezz Adddams wrote:

sodaknomad wrote:

Darth Cheney wrote:

RedWhiteBlue wrote:

Skeptical wrote:

RedWhiteBlue wrote:

Skeptical wrote:

RedWhiteBlue wrote:"Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%.

As of 12:20 PM, August 14, 2013

Markets Updated  1:17 pm EDT Aug 14
Indexes Dow 15,358.73 -92.28 (-0.60 %)
Nasdaq 3,675.18  -9.26 (-0.25 %)
S&P 1,687.87 -6.29 (-0.37 %)

WHAT'S THIS "THE ECONOMY IS SOOOOOO GOOOOOOOOOOD" BS YOU WERE TELLING US ??

As the link in the opening post states ("consumer spending, which accounts for about 70 percent of the economy"); many other factors are involved in addition to the stock market.

But, since you posted the indexes, you might be interested in this:

DOW = (about) 8000[Jan'09]  --- 13800[Jan'13] --- 15,350[today]

NASDAQ =  1500[Jan'09] --- 3100[Jan'13] ---  3670[today]

S&P =  800[Jan'09] --- 1500[Jan'13] --- 1680[today]

LOL, how quickly you forget it was you who deflected and brought the stock market into play with

Also Today: Dow adds 32 points. Nasdaq climbs 0.4%; S&P rises 0.3%

Wait until Bernanke halts giving 85 Billion a month to prop up the stock market to give the illusion things are  good!

When he stops the bail out look for interest rates to go up and the value of stocks fall.

"deflecting" ? - actually, it was an add-on to my opening post.
We could use a little rise in interest rates, don't you think?

Last time we had an as incompetent Liberal President in the White House...mortgage rates were 18% and auto loans were around 25%...good times.

PSSST...13% unemployment and 10+% prime rate.

Actually the prime hit an astounding 21.5% in December, 1980 under the Peanut.  

http://www.fedprimerate.com/wall_street_journal_prime_rate_history.htm

That must be great for the economy and employment...right?

The more this administration pushes mediocrity as the new norm to be the goal, pretty soon we will be expected to think 10% or more unemployment as good!

Skeptical wrote:
The more this administration pushes mediocrity as the new norm to be the goal,  pretty soon we will be expected to think 10% or more unemployment as good!

When you consider they don't count the unemployed who have given up on looking ........................

Freedom Forever wrote:

Darth Cheney wrote:

pse1124 wrote:Teh Obamaa gave uz part time jerbs...he is teh awesum

 [flash(425,350)]
 
http://investigations.nbcnews.com/_news/2013/08/13/20010062-businesses-claim-obamacare-has-forced-them-to-cut-employee-hours?lite

Luke Perfect, who has worked at Goodridge’s Kennebunk Subway for more than a decade, said it was “horrible” to learn he was among the employees whose hours would be limited, and that it would be a financial hardship. “I’m barely scraping by with overtime,” he said.

Who the hell works at a subway for over 10 yrs.?  WTF   Lahooser.

  BTW;  RWB How do you run your 21 restaurants?  How many employees do you have? Do you pay min wage?

Still waiting for your answer. Or did you get backed into a corner?  

Freedom Forever wrote:

Freedom Forever wrote:

Darth Cheney wrote:

pse1124 wrote:Teh Obamaa gave uz part time jerbs...he is teh awesum

 [flash(425,350)]
 
http://investigations.nbcnews.com/_news/2013/08/13/20010062-businesses-claim-obamacare-has-forced-them-to-cut-employee-hours?lite

Luke Perfect, who has worked at Goodridge’s Kennebunk Subway for more than a decade, said it was “horrible” to learn he was among the employees whose hours would be limited, and that it would be a financial hardship. “I’m barely scraping by with overtime,” he said.

Who the hell works at a subway for over 10 yrs.?  WTF   Lahooser.

  BTW;  RWB How do you run your 21 restaurants?  How many employees do you have? Do you pay min wage?

Still waiting for your answer. Or did you get back into a corner?  

 

He hasn't been around for awhile. You may be correct.

Its so awesome being rich. Thank you Obama!

Twinkies wrote:Its so awesome being rich.  Thank you Obama!

Twinks you ole son of bitches, how are you? besides rich.