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Thread: Consumer confidence strongest in over five years in May

  1. #41
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    Re: Consumer confidence strongest in over five years in May

    LOL, pumping the markets with printed money to the tune of what looks to be $20 trillion in debt by the end of Obama's term......and we're calling that success.

    Unbelievable.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by pbrauer View Post
    Ten million jobs have disappeared? Show me.

    Bureau of Labor Statistics Data
    Awesome, data from the Obama administration.

    Yes, that's a " trustworthy " source......no, not really.

    Our declining Labor Participation rate is really nothing new so your link is useless.

    Here's the thing about Obama's FANTASTIC economy, it's the one thing you either don't understand or you continually ignore.

    It's ALL BASED on cheap currency, it's the best your President can do is to direct his FED appointee to print and print and print and buy up massive amounts of our own Treasuries. Over 70 %.

    A low interest rate, that allows banks to keep our money for free, and the massive printing so Obama's debt can be kept cheap.....for now. 10 year yields popped up .5 %, a huge jump.

    And THAT'S all it would take, A JUMP IN INTEREST RATES, and it would severely hamper the FEDS pumping AND lead to a sell off of assets, a corresponding collapse of the DOW and a collapse of Obama's pretend economy. Because his economy isn't backed by ANYTHING substantial, a strong free market and hiring and REAL GDP growth.

    It's based on Bull Sh** that only ignorant leftist equate to a " growing economy".

    Let me guess, you Libs will be here the next day blaming Bush again. Pathetic.


    Obama in 2008 " I will have my FED appointee, print massive amounts of money, to keep interest rates down to nothing, so Wall Street can take advantage of it, and I can use it to brag about a recovery that's based on free and cheap money. NOT real economic growth "

    Something tells me you would have voted for him anyway.
    The New Democratic Party Slogan :

    " Return to Power By Any Means Necessary "

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by ocean515 View Post
    Hmmm.

    Consumer CONFIDENCE has gone up.

    Given your statements about revenue, could it be that some see opportunities for continued largess from Uncle Sugar Daddy?

    Also, considering the number of cheerleaders claiming Republicans have done nothing but block the Progressives attempts at passing legislation, how can you make such claims?

    Boxes are hard to get out of once climbed in, don't you think?
    The blocking has been on both sides, if Republicans had their way we would be back in recession. Would things be even better without the Republicans obstruction? Very likely.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by Erod View Post
    LOL, pumping the markets with printed money to the tune of what looks to be $20 trillion in debt by the end of Obama's term......and we're calling that success.

    Unbelievable.
    It's what the Libs are bragging about. Can you believe it ?

    Obama's economy, the thing they're bragging about, if yields jumped just percent or two, would come crashing down. His economy is based on the action of 1 man right now, if Bernake stops, there will be a massive asset sell off, interest rates will rise and his paper economy will crumble.

    It takes an immense amount of ignorance apparently to be a Obama supporter.
    The New Democratic Party Slogan :

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    The Conference Board, an industry group, said its index of consumer attitudes jumped to 76.2 from an upwardly revised 69 in April, topping economists' expectations for 71. It was the best level since February 2008.

    Consumer confidence strongest in over five years in May | Reuters

    More bad news for Republicans but GREAT news for the rest of us. Consumer spending makes up 75% of our economy.

    Well obviously this is all Obama's fault. Wait... I mean... nevermind.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by Fenton View Post
    The reality of Obama's economy is it is a rotten hollowed out facade.

    It's a testament to the ignorance and desperation of your average Democrat.

    Hell, what did Bernake say just a couple of weekd ago ?

    The reality is for our Fed to be doing what their doing, our economy has to be on life support.
    And you would rather declare the patient dead and pull the plug? Part of good governing is keeping the economy out of recession. Something that Republicans have failed at miserably every time they have been in charge.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    The blocking has been on both sides, if Republicans had their way we would be back in recession. Would things be even better without the Republicans obstruction? Very likely.
    Interesting how you keep projecting that which you don't know.

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    Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    So we could put a damper on spending? You tax things you want less of.
    Like, say, carbon emissions?
    Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    The blocking has been on both sides, if Republicans had their way we would be back in recession. Would things be even better without the Republicans obstruction? Very likely.
    bull sh**.....close to 40 jobs bills from the House sitting in the Senate right now that won't get a vote for some reason. Look, educate yourself because your'e making yourself look foolish.

    Obama's economy is a paper kitty cat, backed by massive amounts of printing.
    The New Democratic Party Slogan :

    " Return to Power By Any Means Necessary "

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by Fenton View Post
    Awesome, data from the Obama administration.

    Yes, that's a " trustworthy " source......no, not really.

    Our declining Labor Participation rate is really nothing new so your link is useless.

    Here's the thing about Obama's FANTASTIC economy, it's the one thing you either don't understand or you continually ignore.

    It's ALL BASED on cheap currency, it's the best your President can do is to direct his FED appointee to print and print and print and buy up massive amounts of our own Treasuries. Over 70 %.

    A low interest rate, that allows banks to keep our money for free, and the massive printing so Obama's debt can be kept cheap.....for now. 10 year yields popped up .5 %, a huge jump.

    And THAT'S all it would take, A JUMP IN INTEREST RATES, and it would severely hamper the FEDS pumping AND lead to a sell off of assets, a corresponding collapse of the DOW and a collapse of Obama's pretend economy. Because his economy isn't backed by ANYTHING substantial, a strong free market and hiring and REAL GDP growth.

    It's based on Bull Sh** that only ignorant leftist equate to a " growing economy".

    Let me guess, you Libs will be here the next day blaming Bush again. Pathetic.


    Obama in 2008 " I will have my FED appointee, print massive amounts of money, to keep interest rates down to nothing, so Wall Street can take advantage of it, and I can use it to brag about a recovery that's based on free and cheap money. NOT real economic growth "

    Something tells me you would have voted for him anyway.
    I want to know where you get 10 million jobs lost, forget the BS.


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