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Phurfur

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Everything posted by Phurfur

  1. Looks like we're completely removed from the bikini. Onward and upward. Assuming we don't double dip, I'd think charts like this will be prevalent in the 2012 campaign to counter numbskulls still pushing the "we're not recovering" nonsense that we so often read on this board. I am still waiting for the 8% unemployment we paid $1 trillion for. At this rate we will not be close to that by 2012. I think we are in the "decade of recovery" and the left seems very happy with that. These are all signs of recovery but in no way are they strong signs. I wonder why there is no mention of oil prices and the housing market is still a mess.
  2. No, Obamacare will kill job creation, give it a chance. Over 220 companies and unions have been exempted from the healthcare bill this year. I wonder why?Have you looked into it?Yes, there are many many reasons but the bottom line is jobs.That's a little ambiguous an answer. I thought it was because no bill can capture all effects perfectly, and out of the tens of thousands of companies out there, a very small number offer very rare health insurance programs that the new health care bill would interfere with during its phased roll-in that would adversely effect the companies' employees, either by forcing them to forego health insurance during this year or pay more for it. Thus it's easier to grant a one-year exemption.and the bottom line is jobs!
  3. Obama's Tax compromise sure helped, but private payrolls have been accelerating all year. Public sector job losses have hand a big hand in keeping unemployment stubbornly high. Initial jobless claims have been falling while nearly every leading indicator has been strongly positive since the hinting at QE2. It is pretty safe to say this trend predates "immediate returns" on the tax cuts.Sorry, I was being sarcastic but there was no way for anyone to know.Your statementis not completely true but in general you are correct. 1. Public sector job hiring (census) had a hand in keeping unemployment figures steady, you can't blame them for keeping unemployment high when they are laid off.2. The housing market is still a major crisis.3. Leading indicators have been positive but not strongly positive.4. The deficit has grown by $4 trillion to get us to this point, what happens next?Things do look better in 2011 than 2012 but for me that is only because we have returned to a balance of power in Washington. I hope we never see one party controlling Washington again.
  4. No, Obamacare will kill job creation, give it a chance. Over 220 companies and unions have been exempted from the healthcare bill this year. I wonder why?Have you looked into it?Yes, there are many many reasons but the bottom line is jobs.
  5. Are we seeing immediate returns on extending the Bush Tax Cuts? I wonder why they didn't do this earlier.
  6. No, Obamacare will kill job creation, give it a chance. Over 220 companies and unions have been exempted from the healthcare bill this year. I wonder why?
  7. Those numbers seem a little low since the Obama policies have driven us $4 trillion dollars in debt in 2 years. He has added amost 30% to a National Debt that has been accumulating since 1832 or almost 180 years. I think almost anyone could have done better with that amount of money.
  8. Why is Obama continuing so many of the "failed" Bush policies? The guy is either a fool or a liar.
  9. Prove this to me please.You really need more proof that California's model of increasing taxes and increasing services doesn't work? I think the better question would be, prove that it does work.California is borrowing $40 million a day from the Feds (us) just to pay unemployement insurance. The state is in danger of going bankrupt. It seems pretty obvious to me.
  10. Great post. I'm sure Google, Apple, eBay, Chevron, Cisco, WellsFargo, Disney, Intel, HP, etc. are all on the horn to UHaul making plans to move to Akron.Living is easy with eyes closed, misunderstanding all you see.- John Lennon
  11. Oh, ok. IMHO, the reason businesses aren't hiring is the same. Uncertainty. Business growth starts with small businesses, which then feed into the larger corporations. But small businesses, the moms & pops, usually grow by tapping into the value of their homes for collateral. Now that there's uncertainty in the housing market, small businesses won't get the loans they need to start the economy growing again. I don't disagree with you. I just think you are missing the demand side of the equation. The mom and pops not only can't grow, there is nowhere for them to grow. The demand for their goods and services is still very low. They can't use the capacity they have, so there is no reason for them to expand. Until that demand returns, there isn't a reason for mom and pop to hire someone else to help out. I just disagree with the notion that these two affects are somehow less a driver of uncertainty than a fiscal policy not too dissimilar from the past 20 years or so. That's all.all.OK, demand is also down because of uncertainty of the government. We need a new car but we won't buy for many reasons. One reason is that as soon as we do buy they will start some stupid program giving money to people who buy cars, another reason is I don’t know what my tax burden will be going forward. The exact same holds true for a new house. I am not spending a dime until DC gets its act together. It is the only power I have since I have no one representing me in Washington.Consumers are hanging onto their money because they don't know what is coming.
  12. You are trying to cure the symptom while ignoring the disease.
  13. What I keep hearing, whether talking to individuals or through business journalism, is that there is simply too much unknowns and fear. That is the big reason for business not hiring. They are not sure how they will be hit with taxes and/or what direction consumer demand will go.... low demand on one end and high inflation on the other. What costs will they be burdened with beyond taxation through things like Obamacare. I don't think business cares about the climate in Washington but they do care about how Washington will or will not impact their business now and in the future. Right now, there is simply too much not known or feared and it is hurting business.I can't understand anybody being worried about high inflation when it is expected to remain below target for the next ten years. That is silly.It has to do with the money supply. HTHIt is coming, it is just a matter of when. What is the "target", I think that is an important number.
  14. Business is going to continue to lag until the climate changes in Washington. Financial reform, health care, cap and trade, card check, the uncertainty of tax hikes, run away government spending, bailout of government selected businesses, etc. these are the reasons the economy is remaining flat. People are afraid to invest.We've been at 9.5% unemployment or higher for 14 months now. We have added $3 trillion to the deficit and the housing market is about to collapse again. Yes, this is Change I Need! Looks like I was right, stats can't shake your narrative: Geez, of course demand is a problem but we must look at the reasons why demand is a problem. Uncertainty caused by the anti-business climate in Washington is a big one. Until things change in DC we will continue to have problems with demand.
  15. Business is going to continue to lag until the climate changes in Washington. Financial reform, health care, cap and trade, card check, the uncertainty of tax hikes, run away government spending, bailout of government selected businesses, etc. these are the reasons the economy is remaining flat. People are afraid to invest.We've been at 9.5% unemployment or higher for 14 months now. We have added $3 trillion to the deficit and the housing market is about to collapse again. Yes, this is Change I Need!
  16. I think the private sector has been (understandably) spooked since May when we had both the Flash Crash and fears about the European debt crisis were at a high. As a result, they were tentative to hire or expand and wary that we were about to plunge back into a double dip situation. You could see both the equity and labor markets moving sideways throughout the summer while bond prices rallied on the uncertainty. Now that the fears seem to have been oversold, the private sector appears to be loosening. I think those macro factors could help explain why you would see a sudden uptick in your company.It is the anti business climate in DC that has businesses spooked, it is that smple.Please Mister Economy, tell me the real reason. I know business owners and this is the most common reason for stagnation.
  17. It looks like it is time for 6 more months of unemployment. This is good news because just like food stamps this is where we get our biggest bang for the buck.
  18. I think the private sector has been (understandably) spooked since May when we had both the Flash Crash and fears about the European debt crisis were at a high. As a result, they were tentative to hire or expand and wary that we were about to plunge back into a double dip situation. You could see both the equity and labor markets moving sideways throughout the summer while bond prices rallied on the uncertainty. Now that the fears seem to have been oversold, the private sector appears to be loosening. I think those macro factors could help explain why you would see a sudden uptick in your company.It is the anti business climate in DC that has businesses spooked, it is that smple.
  19. Private job growth continues to improve and census employees roll off. Continued private sector expansion is a good sign, I can't see a double dip in store. The big loss in local government is troubling but expected with their budgets and the inability of meaningful state aid to get through Congress. I'll let you guys figure out how to blame Obama for this one. I will give Obama 100% credit for these pathetic numbers. We've been lagging for 14 months now when will it end? At this rate it will take decades to recover all the jobs we have lost since jan. 2008. So you are pleased with September's numbers? Remember we have gone almost $3 trillion in debt getting here.
  20. Every year Packers fans hate on Bears players.... Aaron Rodgers 84/122 68.9% 940 yards 8td/ 5INT 96.3 QB Rating Jay Cutler 68/102 66.7% 912 yards 6td/ 3INT 102.2 Move Along... As long as you are happy with him that is all that counts but the guy is not a winner and his college and pro records prove that. Are you saying only Packer fans can see that? I think everyone sees that except a few Bear fans.Your point will be valid, when a football turns into a 1 on 1 game. Let me see Vanderbilt, Denver and now Chicago. I think my point has a lot more validity than you want to admit. We are not talking about championships, just a winning season.
  21. Every year Packers fans hate on Bears players.... Aaron Rodgers 84/122 68.9% 940 yards 8td/ 5INT 96.3 QB Rating Jay Cutler 68/102 66.7% 912 yards 6td/ 3INT 102.2 Move Along... As long as you are happy with him that is all that counts but the guy is not a winner and his college and pro records prove that. Are you saying only Packer fans can see that? I think everyone sees that except a few Bear fans.
  22. while its obviously an exaggeration, I can maybe sorta see what azprof meant. Take Bruce Gradkowski for example. He is not a very good quarterback. He doesn't have an ounce of physical talent Cutler has. Yet, when the game is on the line, Id think very hard and probably choose Grads over Cutler. Hes not very good, but hes got fire in his eyes, I can see that he absolutely HATES to lose and is a warrior who'll sacrifice his body to get a result. Jeff Garcia was the same way.now obviously this isnt the end of everything, and there are some great qbs out there who can achieve great #s and results without the fiery eyes and all but Cutler isnt really one of them yet. Oh good god. 'Fire in his eyes'? Where does that show up on the scouting report? Embers per second? This is silly homerism talk. Every QB wants to win, they've been playing football all their lives and probably winning most of the time. Not Cutler, he does not have a winning season in the pros or in college.
  23. Every year the Cutler lovers have a different excuse for him. When do you think this super talented QB will have his first winning season?
  24. You must really hate the fact that he was correct. He was certainly not correct that the market collapsed because of potential tax increases.This is about projection and that was one fear that drove the market down. So he was correct that the market collapsed in part because of a fear of rising taxes. Don't hold your breath those increases are coming, the economy won;t let him do it yet.:confused:My favorite part is how you actually believe this crap.I've been using it for decades and I was able to retire at age 57. Now get back to work.
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