Obama 2012-Are You Better Off Than Four Years Ago?

[SparrowHawk]

Yikes dapoes I didn't know the numbers were that bleeping bad.

Seems we've improved all the way up to the troughs of the other recessions. No wonder people are pissed.

Debating Liberal Media bias is honestly a waste of time IMO as to much of what passes for news are really Op-Ed pieces under the guise of news and you can lay that claim at the feet of every news gathering organization out there.

BTW I read the article you're basing your opinion on and while interesting it's not news, it's Op-Ed, the difference is that it's presented as such.

 

[dapoes]

Yikes dapoes I didn't know the numbers were that bleeping bad.

Seems we've improved all the up to the troughs of the other recessions. No wonder people are pissed.

Debating Liberal Media bias is honestly a waste of time IMO as to much of what passes for news are really Op-Ed pieces under the guise of news and you can lay that claim at the feet of ever news gathering organization out there.

BTW I read the article you're basing your opinion on and while interesting it's not news, it's Op-Ed, the difference is that it's presented as such.

Which article are you referring to? The AP one???

 

[SparrowHawk]

Which article are you referring to? The AP one???

It was the Op-Ed piece in NewsMax which referenced several articles with topics similar to what you were speaking about. They come daily I read it and deleted it otherwise I'd publish some of it.

 

[dapoes]

It was the Op-Ed piece in NewsMax which referenced several articles with topics similar to what you were speaking about. They come daily I read it and deleted it otherwise I'd publish some of it.

? You lost me on that one. The only link i posted was the one from Associated Press. Im sorry. I are confused on what you talking about.

 

[dapoes]

More results of Obamanomics:
1. April Durable Goods was a disaster

2. On May 24, the Richmond Fed was a total debacle

3. 10-year yields have been diving again

4. More and more it looks like the Chinese economy is coming off the rails

5. Europe is breaking apart. Enough said there.

6. The May Philly Fed: Another disaster

7. The UK economy is practically double dipping.

8. Case Shiller Is showing the housing double dip getting worse

9. Durable goods have been weak

10. Las Vegas gaming revenue has suddenly turned south again.

11. Oil prices have pushed the economy to the breaking point

12. Austerity warnings from the UK

13. Q1 GDP was very mediocre.

14. Initial jobless claims are clearly heading higher over the past few weeks

15. Copper futures, a great tell on the economy, are heading south

16. Shanghai stocks are falling as well

17. Big companies like Procter & Gamble are seeing their earnings get hit due to higher commodities

18. Multiple political polls have indicated heightened economic anxiety in April

19. The CEO of Wal-Mart says his customers are running out of money

20. Several regional Fed surveys have shown a slowdown in April

Don’t mean to be depressing, but be prepared for bad times ahead. There’s no reason to expect sunshine and roses.

 

[SparrowHawk]

? You lost me on that one. The only link i posted was the one from Associated Press. Im sorry. I are confused on what you talking about.

Newsmax is a magazine with a hard copy version and an electronic one. I get there columnists everyday in my inbox along with a sister publication called Town Hall. Both are to hard core conservative tastes for my Libertarian arse, but some of the stuff is a really good read. Think of it as the Huffington Post for conservatives. They had an entire Op-Ed piece on the way the liberal media distorts bad economic news as "Unexpected"! In the article they referred to several MSM publications with quotes to support their contentions. I in error assumed that Op-Ed piece was what you were referring to.

 

[dapoes]

Newsmax is a magazine with a hard copy version and an electronic one. I get there columnists everyday in my inbox along with a sister publication called Town Hall. Both are to hard core conservative tastes for my Libertarian arse, but some of the stuff is a really good read. Think of it as the Huffington Post for conservatives. They had an entire Op-Ed piece on the way the liberal media distorts bad economic news as "Unexpected"! In the article they referred to several MSM publications with quotes to support their contentions. I in error assumed that Op-Ed piece was what you were referring to.

Yeah i know of Newsmax and sometimes peruse it as well. Its a good source actually. I wasn't aware of such article they made but they and many others make the very same assertion. And I have to agree as well. The liberal media have this warped idea that everything is hunky dory because Obama says so. Then when info is released that is to the contrary, its "unexpected". Thats the bizarro world we live in.

 

[delldude]

Put the knife down for a sec...

I'm not spinning anything. I'm saying that while stats may indicate consumer spending and/or confidence is down, the collective attitude hasn't been "up" in a long time. Can you honestly remember the last time that consumer confidence was rocketing up? I certainly can't, but I'll bet it's been several years at least. Maybe a better way to put it is: Who are the people that have had a rosy outlook at any point over the last decade?

Your progressive touchy feely lefties successfully unleashing the green agenda upon our economy may be one.Look at all the success in killing oil,forestry,energy and so on.
Tell me I'm wrong.

 

[tech2101]

Tell me I'm wrong.

your wrong

 

[SparrowHawk]

your wrong

Or is he?

A former Saturn auto dealer and an associate with the National Legal Policy Center (NLPC) is charging that the $7500 tax credits for the purchase of the Chevy Volt are being claimed by auto dealers who first title the cars to collect the tax credit, and then sell them as used at the Manufacturer’s Suggested Retail Price.

The Chevy Volt is an all electric vehicle manufactured by General Motors. According to the automaker the company has sold about 1,700 Volts through April 2011, which is apparently all the cars from the Volt channel that GM has been able to manufacture.

Mark Modica, with the NLPC, set out to find out if Chevy Volts were really selling so fast that it was hard to keep them in stock. What he found out instead was that dealers are allegedly “gaming” the system in order to keep the tax credits that were intended for consumers.

“Many Volts with practically no miles on them are being sold as used vehicles,” writes Modica “enabling the dealerships to benefit from the $7,500 credit supplied by the American taxpayers on each car. The process of titling the Volts technically makes the dealerships the first owners of the vehicles, which gives them the ability to claim the subsidies. The cars are then offered to retail customers as used vehicles.”

Modica says that he became suspicious because despite reports that say GM can’t meet demand for the Chevy Volt, he found at least 6 in stock within 70 miles of his location just by going online.

After talking to several dealers he discovered that some of the used vehicles being advertised had only 10 to 30 miles on them. One dealer admitted that the dealership was titling the vehicle in order to claim the tax credits.

“When I asked if I was eligible for the $7500 tax credit” on the car says Modica, “I was told that I probably wasn't since the dealership was

applying for the subsidy.”

 

[delldude]

your wrong

Prove it then Ace.

 

[Kev3188]

Ok i guess...

But the statistics run counter to your "experience".

I'm pretty sure I've noted that a couple times now. I also asked the (rhetorical) question wondering who's "confident" in the economy right now (or for the majority of the last decade).

So you agree that the liberal media are essentially clueless and embarrass themselves?

No. I think that outlets that pander to one side or the other are clueless. Sparrow sums it nicely below:

... as to much of what passes for news are really Op-Ed pieces under the guise of news and you can lay that claim at the feet of every news gathering organization out there.

There's very little actual objective journalism or reporting done any more-certainly not to the extent most of us knew growing up. We've grown so used to it that it's almost become the new normal.

Your progressive touchy feely lefties successfully unleashing the green agenda upon our economy may be one.Look at all the success in killing oil,forestry,energy and so on.
Tell me I'm wrong.

You're wrong.

 

[dapoes]

I'm pretty sure I've noted that a couple times now. I also asked the (rhetorical) question wondering who's "confident" in the economy right now (or for the majority of the last decade).

Well according to the statistics, much much more were more confident prior to Jan 2009. Been dismal ever since. Obama has the record of the all time low in confidence. What does that tell you?

 

[Kev3188]

There are a lot more factors that come into play than who the sitting president happens to be.

What would you like it to tell me?

 

[dapoes]

There are a lot more factors that come into play than who the sitting president happens to be.

What would you like it to tell me?

Your so funny sometimes! Don't you every get tired of carrying water for the current liberals in charge of wrecking this nation? There's no need to constantly defend. There's a reason why the economy is getting worse and peoples views are pessimistic. Are you saying its because we aren't socialist enough? Not falling in line with the liberal agenda to transform the nation into one massive welfare-spread-the-wealth society?

Please share your factors.