Mixed economic news

#26
#26
The one time we set you up to rail on Pelosi, you post Obama garbage. You are a crazy old person.
 
#27
#27
lawgator1 said:
New claims for unemployment fell to their lowest level in two years and continued a month's long trend that has economists revising jobs reports. On the other hand, sales of new homes fell 8 %.


Looks like this is going to be the kind of recovery we have for some time, very uneven.
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Unless we get a supply sider in the WH next time and the Congress keeps to its promises to cut spending.

The unemployment numbers are likely related to the seasonal bump being a little bigger.
 
#28
#28
lawgator1 said:
Is there some reason I'm missing as to why Republicans keep sounding a pessimistic note even in the face of neutral, if not positive, news for the economy? Some agenda, perhaps, in perpetuating the negativity?

Anyone? Bueller?
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You are missing ALOT.

That acknowledged... conservatives are negative because liberals keep pushing the thing that got us into the mess to start with- bloated, meddlesome gov't that has created such a drag on the economy that even the very positive pressures that are in place can't gain momentum to let us break out.

Basically- gov't is breaking the private sector's back and you guys just keep piling on.
 
#29
#29
Clinton was more economically conservative than Bush on everything except taxes...
 
#31
#31
sjt18 said:
Clinton was more economically conservative than Bush on everything except taxes...
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This.

And for a democrat, he understood the need for strong business...just didn't go about it the right way. Fiscally, he did pretty well.

My biggest knocks on Clinton were his support for defense/intelligence services and tax policy.
 
#33
#33
droski said:
kind of a low bar. clinton would have be obama light if he had the congressional power to do so.
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And not really true. The tide against his policies simply forced his hand and gridlock generally won the day. This allowed the massive piles of 80s investment to pay enormous dividends.
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#34
#34
IMO - we were lucky Clinton had no ideology other than a deep desire to be popular. He'd have spent like crazy if that had been the public sentiment.
 
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