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Consumer confidence strongest in over five years in May

specklebang said:
Maybe it has little or nothing to do with our fearless leaders and more to do with the natural, normal economic recovery that tends to happen after bad times pass. Historically speaking, we could have elected satan and be in a slow, healthy, orderly recovery by now.
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We did

obamasatan.jpg
 
Let's hope consumer confidence keeps up. It hasn't affected my business yet, unfortunately.
 
iguanaman said:
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.

PCE_GDP.png
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ocean515 said:
:lamo


Why would this be bad news for Republicans? All you folks on the left have been complaining about how Republicans have stood in the way of legislation that would get things moving. If Republicans blocked everything, how can the left take credit?
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Absolutely amazing, Federal Income taxes, Capital gains taxes and payroll taxes have all gone UP and we still see this result.
 
pbrauer said:
Absolutely amazing, Federal Income taxes, Capital gains taxes and payroll taxes have all gone UP and we still see this result.
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liberals have been screaming that the party of no is blocking legislation that will make the economy better.

how did this happen?
 
ocean515 said:
:lamo


Why would this be bad news for Republicans? All you folks on the left have been complaining about how Republicans have stood in the way of legislation that would get things moving. If Republicans blocked everything, how can the left take credit?
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wasn't the sequester supposed to tank the economy? wasn't that what Obama and the democrats say would happen? so how is this bad news for republicans if anything it is good news proves that cutting government spending doesn't hurt the economy it actually helped it.
 
pbrauer said:
Absolutely amazing, Federal Income taxes, Capital gains taxes and payroll taxes have all gone UP and we still see this result.
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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?
 
trfjr said:
wasn't the sequester supposed to tank the economy? wasn't that what Obama and the democrats say would happen? so how is this bad news for republicans if anything it is good news proves that cutting government spending doesn't hurt the economy it actually helped it.
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Yes, to all you have posted.

Once a position is taken, it's very difficult to back out and take credit when the claims squash every attempt.
 
pbrauer said:
Absolutely amazing, Federal Income taxes, Capital gains taxes and payroll taxes have all gone UP and we still see this result.
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You see what you want to see, which isn't the reality, as your President and his ilk take credit for destroying a economy by running up a massive new structural debt, and having his Central Bank appointee hold down interest rates so all that short term debt can be kept cheap.

Our own FED owns the majority of our short term debt, and your celebrating ? LOL !!

You guys are getting desperate, as 10 million jobs have disappeared and your'e celebrating a economy that's totally rotten from the inside out.
 
You know what creeps me out in this thread? If you just go and look at the various bills passed by congress and READ THEM and looked at who voted for them (I recommend Thomas.gov for this), then all of this bickering about which side's policies were more helpful to the economy. You could just go read up and find out. A lot of people are just asserting their party loyalty here, but the facts are out there. Make your decision based on the facts!
 
Paschendale said:
You know what creeps me out in this thread? If you just go and look at the various bills passed by congress and READ THEM and looked at who voted for them (I recommend Thomas.gov for this), then all of this bickering about which side's policies were more helpful to the economy. You could just go read up and find out. A lot of people are just asserting their party loyalty here, but the facts are out there. Make your decision based on the facts!
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you don't need to go to some website for proof all you need is the cutting done by the sequester as proof. cuts to the government helped not hurt the economy like what Obama and the Democrats claimed it would
 
Fenton said:
You see what you want to see, which isn't the reality, as your President and his ilk take credit for destroying a economy by running up a massive new structural debt, and having his Central Bank appointee hold down interest rates so all that short term debt can be kept cheap.

Our own FED owns the majority of our short term debt, and your celebrating ? LOL !!

You guys are getting desperate, as 10 million jobs have disappeared and your'e celebrating a economy that's totally rotten from the inside out.
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Ten million jobs have disappeared? Show me.

Bureau of Labor Statistics Data
 
trfjr said:
you don't need to go to some website for proof all you need is the cutting done by the sequester as proof. cuts to the government helped not hurt the economy like what Obama and the Democrats claimed it would
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And you have evidence that the aggregate effect of the sequester and all other Democratic economic policies is negative? Also, how does blame for the sequester fall entirely on the head of Democrats? All of congress failed to stop it. And they all crafted it in the first place. And wasn't the immediate response to the sequester from Republicans to downplay it as a whole lot of hot air over nothing? And now suddenly it's a big deal?

But let's go back to your main premise. "You don't need proof." Yes. Yes you do. Stop being part of the problem.
 
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.
 
pbrauer said:
Ten million jobs have disappeared? Show me.

Bureau of Labor Statistics Data
Click to expand...

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.
 
ocean515 said:
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?
Click to expand...

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.
 
Erod said:
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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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.
 
iguanaman said:
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.

PCE_GDP.png
Click to expand...

Well obviously this is all Obama's fault. Wait... I mean... nevermind.
 
Fenton said:
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.
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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.
 
iguanaman said:
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.
Click to expand...

Interesting how you keep projecting that which you don't know.
 
iguanaman said:
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.
Click to expand...

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.
 
Fenton said:
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.
Click to expand...

I want to know where you get 10 million jobs lost, forget the BS.
 
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