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Thread: Bad news for Republicans

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    Guns Guns Guns Guest

    Default Bad news for Republicans

    After inching up for the last few weeks, jobless claims fell to 365,000 for the week, moving away from the dreaded 400,000 mark that would be very bad news for the job market.



    Another key mile marker for the economy comes tomorrow when the Labor Department releases it jobs report.


    Analysts are expecting 160,000 jobs to be added in April, with the unemployment rate unchanged at 8.2 percent.



    http://abcnews.go.com/blogs/business...-buoy-economy/

  2. #2 | Top
    Guns Guns Guns Guest

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    Once again the auto industry is proving to be one of the bright spots in this economy.

    General Motors beat earnings expectations thanks in part to strength in the U.S.

    The company announced today that it had a $1 billion profit in the first quarter of 2012.

    GM is still one-third owned by the U.S. government, down from a 60 percent stake at the time of the bailout in 2009.

    The company has paid back $24 billion of the $50 billion it received then.


    http://abcnews.go.com/blogs/business...-buoy-economy/

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    Quote Originally Posted by \\(())// View Post
    Once again the auto industry is proving to be one of the bright spots in this economy.

    General Motors beat earnings expectations thanks in part to strength in the U.S.

    The company announced today that it had a $1 billion profit in the first quarter of 2012.

    GM is still one-third owned by the U.S. government, down from a 60 percent stake at the time of the bailout in 2009.

    The company has paid back $24 billion of the $50 billion it received then.


    http://abcnews.go.com/blogs/business...-buoy-economy/
    Maybe GM is paying back that US investment with money made selling Buicks in China?

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    Default

    Want some more bad news for republicans?
    Google "health spending flattens out"
    It is the responsibility of every American citizen to own a modern military rifle.

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    Meanwhile, in "what actually matters land":

    Romney gained ground on Obama over the last month in Ohio and Florida, fiercely contested battleground states that will be critical to deciding the winner of the November 6 presidential election.
    The new poll found Romney with 44 percent to Obama's 43 percent in Florida, where Obama led by 7 percentage points in late March. In Ohio, where Obama led by 6 points in late March, Obama had 44 percent to Romney's 42 percent.
    http://www.reuters.com/article/2012/...8420GB20120503


    ---

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    Grind’s got you beat by miles. He is very intelligent.

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    the economy isn't going to turn around by november. People are still going to feel shitty.


    ---

    Quote Originally Posted by Mott the Hoople View Post
    Grind is basically right
    Quote Originally Posted by Phantasmal View Post
    Grind’s got you beat by miles. He is very intelligent.

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    Quote Originally Posted by Capt Billy the Kid View Post
    the economy isn't going to turn around by november. People are still going to feel shitty.
    Romney's plan of doing "just the opposite" of what Obama would do is gonna fix it? Only a real dumbass would fall for that line. President Barack Hussein Obama is going to win substantially in November and Democrats in general are going to regain seats countrywide even in the south.

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    Quote Originally Posted by Gatorman View Post
    Romney's plan of doing "just the opposite" of what Obama would do is gonna fix it? Only a real dumbass would fall for that line. President Barack Hussein Obama is going to win substantially in November and Democrats in general are going to regain seats countrywide even in the south.
    while voters are angry at congress and the dems are likely to gain seats, the presidential election is likely to close

    a lot still depend on the state of the economy
    I pledge allegiance to the constitution of the United States of America as amended by the legislative and executive branches and interpreted by the Supreme Court

    We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America

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    Guns Guns Guns Guest

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    LOL, notice that righties believe in polls when they like the results?

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    Quote Originally Posted by \\\(())/// View Post
    LOL, notice that righties believe in polls when they like the results?
    To be fair that's universal isn't it?

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    We must be vigilant to keep the Obamunists and Black Panthers from stealing this election.

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    Quote Originally Posted by Conservative View Post
    We must be vigilant to keep the Obamunists and Black Panthers from stealing this election.
    We can't let them Black Panthers get a foothold now can we? Racist idiot.

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    Quote Originally Posted by \\\(())/// View Post
    After inching up for the last few weeks, jobless claims fell to 365,000 for the week, moving away from the dreaded 400,000 mark that would be very bad news for the job market.
    Another key mile marker for the economy comes tomorrow when the Labor Department releases it jobs report.

    Analysts are expecting 160,000 jobs to be added in April, with the unemployment rate unchanged at 8.2 percent.

    http://abcnews.go.com/blogs/business...-buoy-economy/
    356,000 people left the labor force last month causing unemployment to drop to 8.1%

    The labor market only added 115k jobs last month... far below the expectations and even further below the rate needed to keep up with new entrants let alone get others back to work.
    Quote from Cypress:
    "Scientists don't use "averages". Maybe armchair supertools on message boards ascribe some meaning to "averages" between two random data points. And maybe clueless amatuers "draw a straight line" through two random end data points to define a "trend". Experts don't.

    They use mean annual and five year means in trend analysis. Don't tell me I have to explain the difference to you. "

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    lol @ gator and rana groaning \\\()/// - Conservative

    they are the same poster


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    Quote Originally Posted by \\\(())/// View Post
    LOL, notice that righties believe in polls when they like the results?
    I follow polls, especially those of likely voters. Obviously that is what ultimately matters when it comes down to figuring out who is to win the election. There is no point in ignoring the reality of scientific, statistical data if in the end "your guy" still loses.

    I am hoping romney wins, that is true, but I wont be voting for him. I'm staying home election day. I just purely want to see liberals upset.


    ---

    Quote Originally Posted by Mott the Hoople View Post
    Grind is basically right
    Quote Originally Posted by Phantasmal View Post
    Grind’s got you beat by miles. He is very intelligent.

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