Sounds like you two don't think Obama's policies pass the "global test."
'Obamaville' sign posted near homeless camp
- Thread starter meme
- Start date
Sounds like you two don't think Obama's policies pass the "global test."
It was slowing in January as a matter of record, it is growing (my opinion but will soon be a matter of record.)
cawacko
Well-known member
We already have positive GDP which signifies growth. As has been discussed ad naseum it can be debated at what level that is sustainable due to the government helping to prop up the economy. Also this growth has not shown immediate signs of ending the countrywide layoffs nor are projections showing any imminent countrywide hiring. Of course this will all play out over time.
Outlook is based on current conditions. I perfer a better outlook (one year into President Obama's presidency) than better numbers withh a dismal outlook (last January)!
Are jobs usually a leading or trailing indicator?
Topspin
Verified User
you don't know shit preacher, I've never shorted a stock in my life.
So is it better today or last January?
I would disagree with those last couple of parts to a degree. Clearly, job losses have slowed dramatically, and I think we will start to see positive jobs reports as early as Q1.
However, everyone agrees that massive hiring is still a ways off. Recovering all of the jobs lost will clearly take time.
Good luck w/ your search, btw. It's easy to get discouraged if you've been out of work for awhile, but preserverance is what it's about. Something will turn up....
cawacko
Well-known member
don't ask me a rhetorical question you fucking lawyer.
cawacko
Well-known member
thanks, appreciate it.
I got the responce I was looking for!
Cancel 2016.2
The Almighty
No... outlook is based on expectations of FUTURE conditions.
Im praying you get what you are looking for... What type of work do you do?
Cancel 2016.2
The Almighty
No one wants us to go there and stay there. But we HAVE to go back through that point. That does not mean we will have the same level of fear or uncertainty, but from an ECONOMIC view... we have to go back through it.
You are confusing the 'overall economy' with 'how do I FEEL'
That's a mischaracterization. A lot of indicators are climbing instead of declining: GDP, housing starts, consumer confidence, productivity, etc.
Topspin
Verified User
they still suck though
you fuckers are crazy
The right is correct we are not putting out nearly what we used to nor do we have nearly as many working by millions. Millions would mean a lot of unemployed to democrats if we had a republican pres.
On the left it's getting better faster, the right wants to close their eyes and hope Obama doesn't produce any better than bush.
OK, class back to the junior high fighting back and forth.
you fuckers are crazy
The right is correct we are not putting out nearly what we used to nor do we have nearly as many working by millions. Millions would mean a lot of unemployed to democrats if we had a republican pres.
On the left it's getting better faster, the right wants to close their eyes and hope Obama doesn't produce any better than bush.
OK, class back to the junior high fighting back and forth.
You dont understand economics, its not just job numbers.
You are so back & forth on this thread that it's ridiculous.
Seriously - I have no idea what your position is, at all.
cawacko
Well-known member
Thank you. Commercial Real Estate, our industry if pretty f*cked right now. While the residential market started turning downwards in 2006 we had a banner year in 2007 in the commercial market. Sh*t started hitting the fan in '08 and went to hell in '09. About 2/3'rds of investment grade properties mortgages across the U.S. will be under water in 2010/2011 due to short-term I/O loans taken out. The issue of course is banks don't necessarily want to take all these properties back which is a good thing as that would really cause things to crater.
My personal challenge is I went to school and all that but a lot of people with MBA's from top tier schools got laid off as well and I find that who's I'm competing with for the few job openings that are out there.
Things will eventually turn around as they always do and everything will be fine. It just happens to be a challenge now.