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Business
See other Business Articles

Title: Durable Goods Orders Rebound In May; GDP Revised Up
Source: USA TODAY/AP
URL Source: http://www.usatoday.com/money/econo ... -06-24-durable-goods-gdp_n.htm
Published: Jun 24, 2011
Author: Martin Crutsinger
Post Date: 2011-06-24 11:43:56 by Brian S
Keywords: None
Views: 34525
Comments: 67

WASHINGTON — Businesses boosted their orders for machinery, electronics products and airplanes in May. The pickup suggests manufacturing is rebounding after the Japan crises made parts scarce and slowed production of some factory goods temporarily.

Orders long-lasting manufactured products increased 1.9% in last month, the Commerce Department said Friday. A key category that signals business investment plans rose 1.6%.

The stronger demand follows a revised 2.7% decline in April that was largely the result of supply disruptions caused by Japan's March 11th earthquake and tsunami. The inability to get critical component parts in such industries as autos and electronics slowed U.S. manufacturing.

Orders for autos and auto parts rose 0.6% in May after having fallen 5.3% in April. The rebound in May in both autos and broader categories supports the view that the April lull was temporary.

Separately, the Commerce Department said the economy grew at a 1.9% annual rate in the January-March quarter. That's not much better than the 1.8% rate estimated a month ago. The small upward revision reflected stronger exports and more business spending on stockpiles.

The bulk of the strength in the durables report came across a wide range of industries. Businesses boosted their orders for machinery 1.2% and demand for computers rose 1.3%. Communications equipment jumped 3.6% increase.

Businesses boosted demand for transportation products 5.8%. Much of that increase reflected a 36.5% surge in orders for commercial aircraft, a very volatile industry that had reported a big decline in production in April. Excluding the volatile transportation category, orders would have risen 0.6% in May after dropping 0.4% in April.

The capital goods category excluding aircraft is viewed as a proxy for business investment. It rose 1.6% after a 0.8% drop in April. Economists believe this category will show strength as companies respond to a one-year tax break aimed at spurring capital spending.

Manufacturing has been one of the strongest sectors of the economy since the recession official ended two years ago. However, there are concerns that the production pace could slow in coming months as businesses decide to scale back their restocking of inventories.

A closely watched gauge of manufacturing activity from the Institute of Supply Manage showed manufacturing dipped to 53.5 in May from 60.4 in April. Readings above 50 indicate manufacturing is continuing to expand. Regional manufacturing surveys put out by the Federal Reserve Banks of New York and Philadelphia also showed recent weakness.

But as production returns to more normal levels in Japan, economists are forecasting that disruptions to factory production in the United States will ease in coming months.

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#1. To: Brian S (#0)

Under 2% is basically 'running in reverse'.

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-06-24   11:52:39 ET  Reply   Trace   Private Reply  


#2. To: Badeye (#1)

Much better to have this 'slow-down' in June of 2011 than June of 2012...

Never swear "allegiance" to anything other than the 'right to change your mind'!

Brian S  posted on  2011-06-24   12:04:30 ET  Reply   Trace   Private Reply  


#3. To: Brian S (#2)

Much better to have this 'slow-down' in June of 2011 than June of 2012...

'slow down'?

Thats rich....

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-06-24   12:06:39 ET  Reply   Trace   Private Reply  


#4. To: Badeye (#1)

Under 2% is basically 'running in reverse'.

Not hardly, Badlie. The economy is slowly improving despite your best efforts to suggest otherwise.

Thunderbird  posted on  2011-06-24   12:31:13 ET  Reply   Trace   Private Reply  


#5. To: Thunderbird (#4)

A growth of under 2% 2 years after the recession supposedly ended is pathetically anemic growth.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   12:34:25 ET  Reply   Trace   Private Reply  


#6. To: no gnu taxes (#5) (Edited)

A growth of under 2% 2 years after the recession supposedly ended is pathetically anemic growth.

Given the depths of the economic downturn, which, btw, the stim stopped dead in its tracks, any positive growth rate is a miracle.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   12:37:10 ET  Reply   Trace   Private Reply  


#7. To: war (#6)

Not only did the stimulus not work, it actually made the economy worse

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   12:46:34 ET  Reply   Trace   Private Reply  


#8. To: no gnu taxes (#7) (Edited)

Bullshit.

There's not a credible economist out there who can support any conclusion that the stim did not work.

The economy stopped bleeding jobs. Confidence at major corporations increased. Consumer confidence increased. Purchases of big ticket items such as cars and houses stablized or turned up. Just about every aspect of the economy that was targeted in that stim reacted positively to it.

A stim is a pump prime...a crutch...hopefully deep enough to initiate and sustain its own activity until the broader economy turns up...it functions as an innoculation does. Had you a brain you'd know this. YOu don't so you're an ignoramus and, as we saw again today, a racist one at that.

But I'm sure Boofer will be along to agree with you.

[snicker]

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   12:55:52 ET  Reply   Trace   Private Reply  


#9. To: no gnu taxes (#7)

BTW, that was not a study of the stim, it was a study, by and large, on earmarks.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   12:59:44 ET  Reply   Trace   Private Reply  


#10. To: war (#8)

How we know the stimulus didn't work

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   13:03:49 ET  Reply   Trace   Private Reply  


#11. To: no gnu taxes (#10)

That was an assessment made 6months into the stim when 3 months of hard data was available.

Stick to posting rants about ni**ers, Paddy...that's what you're best equipped for...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   13:06:17 ET  Reply   Trace   Private Reply  


#12. To: war (#11)

FAIL

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   13:10:11 ET  (1 image) Reply   Trace   Private Reply  


#13. To: Thunderbird (#4)

Under 2% is basically 'running in reverse'.

Not hardly, Badlie. The economy is slowly improving despite your best efforts to suggest otherwise.

lmao.

Despite all reports using facts you mean, asswipe. And sorry, you aren't worth a lie.

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-06-24   13:12:00 ET  Reply   Trace   Private Reply  


#14. To: war (#11)

stimulus didn't work

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   13:12:41 ET  Reply   Trace   Private Reply  


#15. To: no gnu taxes (#5)

It didn't end, and it won't til after Owe-bama's out of office.

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-06-24   13:12:42 ET  Reply   Trace   Private Reply  


#16. To: no gnu taxes (#14)

His argument is that that the stim didn't work because it didn't hit the baselines that HE, ex post facto, created for it.

What else you got?

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   13:17:06 ET  Reply   Trace   Private Reply  


#17. To: Badeye (#15)

Thanks Boofer...knew you wouldn't let me down...even though the stim kept you from going tits up...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   13:17:52 ET  Reply   Trace   Private Reply  


#18. To: Badeye, Thunderbird (#13)

Despite all reports using facts you mean, asswipe.

While "asswipe" is a fine and dandy choice, he'll most likely stick to "badlie" is my guess...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   13:23:17 ET  Reply   Trace   Private Reply  


#19. To: war (#16)

At least these sources are providing genuine analysis. All you've offered is boilerplate left wing rhetoric on why it SHOULD have worked.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   14:04:45 ET  Reply   Trace   Private Reply  


#20. To: war (#18)

STIMULUS FAIL

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   14:12:07 ET  (1 image) Reply   Trace   Private Reply  


#21. To: no gnu taxes (#19) (Edited)

All you've offered is boilerplate left wing rhetoric

There's an old saying in the economic world that states: "When you have to use charts, graphs and statistics instead of words to 'prove' a point...you're probably lying."

That last link was hilarious, btw. Upon further review of Mulligan's work, I nailed EXACTLY what he did, i.e. he simply made up his own baselines, declared them "Keynesian" and then drew his "comparison".

What you call "boilerplate" is actually HOW the effectiveness of a stim gets measured, doofus. The first goal of a stim in a recession is to stop the reccession. It did that. The second goal of a stim in a recession is to initiate nascient growth in some "critical" sectors of the economy of which "sentiment" is a part. The stim did all of that.

The problem with the stim is that while it was BIG enough to stop the recession it was not big enough to jump start, or to use the term that an economist would use, "shock" the economy into a broader based recovery and expansion. In fact, we've only recently "recovered" to the chain weighted value of 4Q 2007 GDP when the recession began. teh stim worked only in its target sectors and nothing more. It just wasn't big enough.

The problem with MouthBreathers such as you and the Boofers of the world is that you beleive the political rhetoric.

Is the economy in good shape? No. But it would have been far worse without the stim.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   14:50:36 ET  Reply   Trace   Private Reply  


#22. To: war (#21)

instead of words

Bullshit talks.

The stimulus underperformed ALL stated goals and expectations. There is absolutely no evidence that it produced any better results than doing NOTHING. In fact, the unemployment rate exceeded what was predicted if we did do NOTHING.

You think different? Prove it.

And frankly, the money from that was supposed to be used for jobs was simply transferred to local agencies who used it to finance existing projects and pay local employees.

All we got from it was another day older and trillions in debt.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   15:08:57 ET  Reply   Trace   Private Reply  


#23. To: no gnu taxes (#22)

The stimulus underperformed ALL stated goals and expectations.

Go back and read my comment about falling for the political rhetoric.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   15:15:46 ET  Reply   Trace   Private Reply  


#24. To: no gnu taxes (#22)

And frankly, the money from that was supposed to be used for jobs was simply transferred to local agencies who used it to finance existing projects and pay local employees.

Bullshit.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   15:16:15 ET  Reply   Trace   Private Reply  


#25. To: war (#23)

The stimulus underperformed ALL stated goals and expectations.

Go back and read my comment about falling for the political rhetoric.

And exactly who is it that fell for what?

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   15:19:29 ET  Reply   Trace   Private Reply  


#26. To: war (#24)

State governments and the inefectiveness of the Federal stimulus

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   15:22:51 ET  Reply   Trace   Private Reply  


#27. To: no gnu taxes (#25) (Edited)

I told you what my - and market economists and analysts - expectations for the stim were.

I can't help you with the politicians.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   15:23:29 ET  Reply   Trace   Private Reply  


#28. To: no gnu taxes (#26)

"Leakage" is a problem with any inter-government transfer of funds. The article makes that general observation yet offers no tangible evidence beyond that observation.

It might help if you knew what to look for. What you need to do is go back and look at a) what the expectations for the economy were as the stim was being formulated...b) what occurred as the "form" came into being and c) what we ended up with and, finally, d) how wrong the intial projections of exactly how bad Bush had left the economy were going forward from Jan of 2009.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   15:27:55 ET  Reply   Trace   Private Reply  


#29. To: war (#28)

The 800 lb gorilla out there you can't ignore is the sheer number of economists out there who don't speak from a partisan viewpoint (like Krugman or even fairly, the Heritage foundation) who provide frank and unbiased analysis that the stimulus was simply a failure.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   15:35:52 ET  Reply   Trace   Private Reply  


#30. To: no gnu taxes (#29)

You've yet to provide one that holds up to scrutiny. I have a one year head start on you with this Paddy. I totally eviscerated a well known - and very partisan - TV "economist" at a Roundtable last year - almost to the day, in fact - when he tried to promote this same nonsense.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   15:52:21 ET  Reply   Trace   Private Reply  


#31. To: war (#30)

So prove what you say the stimulus did.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   15:53:26 ET  Reply   Trace   Private Reply  


#32. To: war (#30)

And BTW, Bush pushed through 2 stimulus packages (not TARP), and you claimed those never helped at all.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   15:55:33 ET  Reply   Trace   Private Reply  


#33. To: no gnu taxes (#31)

So prove what you say the stimulus did.

A) We're no longer in a recession.

B) Business optimism did turn up after the stim had passed.

C) Job losses, especially in construction, were halted and turned positive - where they remain today.

D) Manufacturing indicators turned positive where they remain today.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   16:00:00 ET  Reply   Trace   Private Reply  


#34. To: no gnu taxes (#32)

And BTW, Bush pushed through 2 stimulus packages (not TARP), and you claimed those never helped at all.

They didn't...and I'm not the only one...and any economist claiming that Obama's "failed" can't reverse course on the bandaids that Bush tried to applly.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   16:01:03 ET  Reply   Trace   Private Reply  


#35. To: no gnu taxes (#32)

And BTW, Bush pushed through 2 stimulus packages (not TARP), and you claimed those never helped at all.

I just caught the "NOT TARP" part...what was the second with the one being the $500 dollar checks to some couples?

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-24   16:05:18 ET  Reply   Trace   Private Reply  


#36. To: war (#35)

In 2001 and 2007 or 2008 he pushed through tax rebates to all families in the form of one time payments.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   16:10:33 ET  Reply   Trace   Private Reply  


#37. To: war (#33)

A) We're no longer in a recession.

Begging the point. How do you know the recession wouldn't have ended anyway as they always do? And frankly to claim we might not technically be in a recession isn't saying much as shitty as the economy has been and still is 2 1/2 years after the stimulus was passed.

Business optimism did turn up after the stim had passed.

So much so that 2 1/2 years later, and 2 years after the recession ended, businesses STILL do not want to hire full time workers. Sure.

Job losses, especially in construction, were halted and turned positive - where they remain today.

The job gains are not even keeping up with population gains -- 2 years into "recovery."

Manufacturing indicators turned positive where they remain today.

Positive? By what standards. They are still very weak when looked at over the last few months.

Two years after a recession ends (supposedly) with a stimulus plan in place and unemployment is still rising, and growth is under 2%? What planet would anyone live on to think that anything that dumbass did has worked?

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   16:20:28 ET  Reply   Trace   Private Reply  


#38. To: Badeye (#13)

Despite all reports using facts you mean...

Which of the following reported FACTS don't you understand, moron?

Businesses boosted their orders for machinery, electronics products and airplanes in May. The pickup suggests manufacturing is rebounding after the Japan crises made parts scarce and slowed production of some factory goods temporarily.

Orders long-lasting manufactured products increased 1.9% in last month, the Commerce Department said Friday. A key category that signals business investment plans rose 1.6%.

Maybe you should lay off the booze so early in the day and preserve the few remaining brain cells you might possess.

Thunderbird  posted on  2011-06-24   19:59:10 ET  Reply   Trace   Private Reply  


#39. To: no gnu taxes (#19)

At least these sources are providing genuine analysis.

A question for you NGT, why are conservatives at all concerned about employment numbers as a measure of economic recovery?

Isn't employment a lagging indicator, and why would conservatives value employment over productivity, industrial output, and profitability?

Thunderbird  posted on  2011-06-24   20:09:04 ET  Reply   Trace   Private Reply  


#40. To: Thunderbird (#38)

Badeye operates a failing buggywhip business, so talk of machinery, electronics, and airplanes are meaningless to him..

Skip Intro  posted on  2011-06-24   20:14:27 ET  Reply   Trace   Private Reply  


#41. To: Skip Intro (#40)

Badeye survives due to government money, yet complains constantly about them. Mostly about how they won't give him more. Not that different from a welfare case.

-------------------------------------
Whatcha lookin' at, butthead
Why don't you make like a tree and get out of here?

Biff Tannen  posted on  2011-06-24   21:01:23 ET  Reply   Trace   Private Reply  


#42. To: Thunderbird (#39)

Isn't employment a lagging indicator, and why would conservatives value employment over productivity, industrial output, and profitability?

Ask someone who has ever cared about such questions.

You say conservatives, but liberals make the same arguments.

For me, I've never really thought productivity was a sign of economic prosperity for obvious reasons.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-24   21:55:02 ET  Reply   Trace   Private Reply  


#43. To: no gnu taxes (#37)

All of your questions were answered in very plain English. If there is a particular answer that is difficult for you to understand, please quote it.

Thanks.

"How do you know the recession wouldn't have ended anyway as they always do?"

You answered your own question, sorta. The recession would have ended. Next year, maybe. Or the year after, maybe. Without a stim it most certainly was not going to end in 2009 - as it did.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-25   11:03:43 ET  Reply   Trace   Private Reply  


#44. To: Biff Tannen (#41)

It was hilarious to read Boofer's response when he claimed that he had single handedly saved his business from going titsup..."The government had NOTHING to do with why I didn't go tits up...doing background check on PUBLIC SCHOOL TEACHERS is what saved us..."

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-25   11:06:13 ET  Reply   Trace   Private Reply  


#45. To: no gnu taxes (#42)

For me, I've never really thought productivity was a sign of economic prosperity for obvious reasons.

It's not. It's a measure of efficiency.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-25   11:06:47 ET  Reply   Trace   Private Reply  


#46. To: war (#43)

All I got was your OPINION.

I say on July 31, the DOW will be 11,900 and the U3 will be 8.9.

Think you can beat me? Try.

Yeah, and I am just pulling those numbers out my ass, like you do.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-25   11:12:01 ET  Reply   Trace   Private Reply  


#47. To: no gnu taxes (#46)

I say on July 31, the DOW will be 11,900 and the U3 will be 8.9.

Is that suppose to be some sort of bold statement. In terms of "calling" the market, it's akin to standing at the ocean observing the water line and stating that in 8 hours it won't have changed much.

Try 7/31/12...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-25   11:21:29 ET  Reply   Trace   Private Reply  


#48. To: no gnu taxes (#46)

All I got was your OPINION.

Bullshit.

These are facts...

Job losses were halted.

Business sentiment turned up.

Housing activity picked up.

Construction employment rebounded.

Manufacturing indicators turned positive.

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-25   11:32:10 ET  Reply   Trace   Private Reply  


#49. To: war (#47)

Is that suppose to be some sort of bold statement. In terms of "calling" the market, it's akin to standing at the ocean observing the water line and stating that in 8 hours it won't have changed much.

Good marketers can't predict a 1 week trend? You guys suck.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-25   11:32:54 ET  Reply   Trace   Private Reply  


#50. To: no gnu taxes (#49)

Who cares about a one week trend...one week 99/100 times is a technical trade. Calling the long term fundamental trade is what makes the donuts...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-25   11:40:15 ET  Reply   Trace   Private Reply  


#51. To: Thunderbird (#38)

Which of the following reported FACTS don't you understand, moron?

I do understand them, pussy.

Which is why I know this is pure bullshit.

Kinda like you and your new screen name. Now, run along kid.

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-06-25   11:59:46 ET  Reply   Trace   Private Reply  


#52. To: Skip Intro (#40)

Skippy, so desperate, so pathetic...I actually feel sorry for you.

One of us signs their own paychecks...the other one is you. sorry you feel so envious.

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-06-25   12:01:29 ET  Reply   Trace   Private Reply  


#53. To: Biff Tannen (#41)

Badeye survives due to government money, yet complains constantly about them. Mostly about how they won't give him more. Not that different from a welfare case.

confusing me with your Mom again, huh biffy?

rotflmao.

I don't receive government money, and I haven't asked for such. No surprise thats whats first on your mind however, loser.

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-06-25   12:02:34 ET  Reply   Trace   Private Reply  


#54. To: Badeye (#53)

I don't receive government money

Who pays for those background checks on teachers, Boof?

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-25   12:21:12 ET  Reply   Trace   Private Reply  


#55. To: Badeye (#51)

Chuckles...that's not GO65, Boof...

Your streak of wrong continues unabated...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-25   12:22:05 ET  Reply   Trace   Private Reply  


#56. To: war (#48)

Yeah, wially.

Please give up the idea that your posts have no political motivations.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-25   13:05:08 ET  Reply   Trace   Private Reply  


#57. To: no gnu taxes (#56)

Chuckles...it's only the internet Paddy...don't get your thong in a wad...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-25   14:35:19 ET  Reply   Trace   Private Reply  


#58. To: Badeye (#51)

I do understand them...

If you understood economic facts (such as those reported by the Commerce Dept.) then you wouldn't make stupid comments like calling a 1.9% increase in durable good orders "basically 'running in reverse'", and then try to cover for your stupidity by suggesting "all reports using facts" agree with you.

Face it boofer, you're a liar and a chump.

Thunderbird  posted on  2011-06-26   11:34:46 ET  Reply   Trace   Private Reply  


#59. To: Thunderbird (#58)

If you understood economic facts (such as those reported by the Commerce Dept.) then you wouldn't make stupid comments like calling a 1.9% increase in durable good orders "basically 'running in reverse'",

Nothing I could post can display your level of ignorance on this topic, asswipe.

Run along, you'll never be worth a lie.

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-06-27   9:30:11 ET  Reply   Trace   Private Reply  


#60. To: Badeye (#59)

Nothing I could post can display your level of ignorance on this topic,

Thats true Boofer...you couldn't post anything like that..and you know it.

You're a punk and a bully and dumb as a box of hair.

Thunderbird  posted on  2011-06-27   9:47:12 ET  Reply   Trace   Private Reply  


#61. To: Thunderbird (#60)

lmao. Only a pussy thinks a 'bully' on the internet is 'real'.

Run along.

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-06-27   9:56:51 ET  Reply   Trace   Private Reply  


#62. To: Badeye (#61)

Is your dialogue going to get any snappier soon, Boofer, or is it just the old Asperger's kicking in?

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-27   10:03:21 ET  Reply   Trace   Private Reply  


#63. To: Badeye (#61)

Only a pussy thinks a 'bully' on the internet is 'real'.

Only a pussy will post chit on the internet they can't back up, and when called on it pretend otherwise.

Boofer..you are a great big pussy. /laughter

Thunderbird  posted on  2011-06-27   10:16:06 ET  Reply   Trace   Private Reply  


#64. To: Thunderbird (#63)

Boofer.

Only Wally uses that term.

Are you his top or bottom?

Just curious.

Now, I know Iā€™m not going to change the minds of any of the True Believersā€¦those who read all of Reverend Alā€™s sermons, and say things like, ā€œYou know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, ā€¦ā€. Can I get an ā€˜amenā€™??

no gnu taxes  posted on  2011-06-27   11:22:46 ET  Reply   Trace   Private Reply  


#65. To: no gnu taxes (#64) (Edited)

Only Wally uses that term.

Uh...no...

America...My Kind Of Place...

"I truly am not that concerned about [bin Laden]..."
--GW Bush

"THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!"
--Sarah Palin's version of "The Midnight Ride of Paul revere"

I lurk to see if someone other than Myst or Pookie posts anything...

war  posted on  2011-06-27   11:31:36 ET  Reply   Trace   Private Reply  


#66. To: Thunderbird (#63)

Only a pussy thinks a 'bully' on the internet is 'real'.

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-06-27   12:49:01 ET  Reply   Trace   Private Reply  


#67. To: no gnu taxes (#64)

He's the mini me lmao.

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-06-27   12:49:23 ET  Reply   Trace   Private Reply  


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