Jump to content
Sign in to follow this  
Phoenix68

Back, Before The Average-Teabagger Could Read....

Recommended Posts

Trump Income Tax Base - Adult American Family -

4%!

That's what I paid.

Ha!

Ass-douche Self-entitled Adolescent Socialist Malcontents...

snowflake-timeline-2019.jpg

Share this post


Link to post
Share on other sites
 
Quote

 

Factory Orders RISE!!
July 2, 2013


"New orders for factory goods rose for a second straight month in May, adding to tentative signs of stabilization in manufacturing after a recent slowdown.

The Commerce Department on Tuesday said new orders for manufactured goods increased 2.1 percent. April's orders were revised to show a 1.3 percent rise instead of the previously reported 1 percent advance.

Economists polled by Reuters had forecast new orders received by factories increasing 2 percent.

Manufacturing slowed in recent months, weighed down by deep government spending cuts and slowing global demand, especially in China and the recession-hit Europe.

However, there are signs the loss of momentum has run its course or is at least starting to ebb.

Data on Monday showed a gauge of national factory activity bounced back into growth territory in June, with new orders pushing higher. That improving tone was also evident in reports last month showing a modest rise in factory output in May and a pick-up in business spending plans.
"

 

 

Share this post


Link to post
Share on other sites
 
Quote

 

Farmers Kickin'-ASS!!
August 27, 2013


"Net farm income in the United States will reach $120.6 billion this year, up 6 percent and the second highest since 1973 when adjusted for inflation, the Department of Agriculture said on Tuesday."

 

 

Share this post


Link to post
Share on other sites
 
Quote

TOP OIL SUPPLIER

U.S. Surges Past Saudis!
October 15, 2013


"The United States has overtaken Saudi Arabia to become the world's biggest oil producer as the jump in output from shale plays has led to the second biggest oil boom in history, according to leading U.S. energy consultancy PIRA.

U.S. output, which includes natural gas liquids and biofuels, has swelled 3.2 million barrels per day (bpd) since 2009, the fastest expansion in production over a four-year period since a surge in Saudi Arabia's output from 1970-1974, PIRA said in a release on Tuesday.

It was the latest milestone for the U.S. oil sector caused by the shale revolution, which has upended global oil trade. While still the largest consumer of fuel, the rise of cheap crude available to domestic refiners has turned the United States into a significant exporter of gasoline and distillate fuels."

 

 
 
Quote

Obama UN-Caps THE GULF!!!

October 28, 2013

 

"The Gulf of Mexico, stung by the worst offshore oil spill in U.S. history in 2010 and then overshadowed by the onshore fracking boom, is on the verge of its biggest supply surge ever, adding to the American oil renaissance.

Over the next three years, the Gulf is poised to deliver a slug of more than 700,000 barrels per day of new crude, reversing a decline in production and potentially rivaling shale hot spots like Texas's Eagle Ford formation in terms of growth.

 

Rising domestic production and the start of natural gas exports may transform the economy and realign geopolitics as U.S. reliance on foreign oil declines.

 

The resurgence in the Gulf is occurring even though the U.S. government imposed stringent safety and environmental rules after BP Plc’s (BP.L) Macondo spill."

 

 

Previously.....

 

 
Quote

Let Our Oil GO!!!

July 7, 2010
 

"There are more than 27,000 abandoned wells in the Gulf of Mexico, according to AP, of which 600 belonged to BP.

The oldest of these abandoned wells dates back to the late 1940s and the investigation highlights concerns about the way in which some of them have been plugged, especially the 3,500 neglected wells that are catalogued by the government as "temporarily abandoned". The rules for shutting off temporarily closed wells are not as strict as for completely abandoned wells.

Regulations for temporarily abandoned wells require oil companies to present plans to reuse or permanently plug such wells within a year, but AP found that the rule is routinely circumvented, and that more than 1,000 wells have lingered in that unfinished condition for more than a decade. About three-quarters of temporarily abandoned wells have been left in that status for more than a year, and many since the 1950s and 1960s.

 

  

 

Share this post


Link to post
Share on other sites
 
Quote

Poll: Americans Support Iran Deal

By 2-To-1 Margin
November 27, 2013
 

"A new poll released on Tuesday found that by a 2 to 1 margin, more Americans support the agreement between the P5+1 and Iran that will rein in the Islamic Republic’s nuclear program in exchanges for modest sanctions relief. The poll also found that only 20 percent said the U.S. should resort to military force against Iran if the deal fails."

 

Share this post


Link to post
Share on other sites
 
Quote

Companies Boo$t U.S. Payroll$

December 4, 2013


"Companies boosted payrolls in November by the most in a year, a sign that U.S. employers were optimistic about demand after the end of a government shutdown a month earlier, a private report based on payrolls showed today.

The 215,000 increase in employment exceeded the most optimistic forecast in a Bloomberg survey and followed a revised 184,000 gain in October that was larger than initially estimated, according to the ADP Research Institute in Roseland, New Jersey. The median forecast of economists called for a 170,000 advance.

Stronger job growth helps provide working Americans with the income gains needed to boost consumer spending at the same time retailers seek to spur holiday sales with discounted merchandise. Federal Reserve policy makers are watching labor-market progress as they debate when to scale back record monetary stimulus.

“Not only is the job market healthy, but it’s improving going into year-end,” said Brian Jones, senior U.S. economist at Societe Generale in New York, whose forecast for a 210,000 gain was the highest in the Bloomberg survey. “We’re optimistic on growth next year, continued improvement, further reductions in the jobless rate.”

 

 

Share this post


Link to post
Share on other sites
 
Quote

U.S. EXPORT $pike

December 4, 2013
 
obama-biden-arms-crossed1.jpg?quality=85


"The U.S. trade deficit narrowed in October as exports hit a record high, pointing to a pick-up in global demand that should help to support domestic growth in the fourth quarter.

The Commerce Department said on Wednesday the trade gap fell 5.4 percent to $40.6 billion. September's shortfall on the trade balance was revised to $43.0 billion from the previously reported $41.8 billion.

An improving global economy is boosting demand for U.S. exports. In October, exports increased 1.8 percent to $192.7 billion. That was the highest on record and snapped three straight months of declines in exports.

Petroleum exports were the highest on record in October. Exports to China hit a record high as did imports from that country. Still, the trade deficit with China narrowed in October.

 

 

Share this post


Link to post
Share on other sites
 
Quote

Jobless Claims PLUNGE!!!

December 5, 2013

awesome-smiley-emoticon.gif


"The number of Americans applying for unemployment benefits tumbled 23,000 last week to 298,000, nearly a six-year low that shows companies are laying off fewer workers.

The Labor Department said the less volatile four-week moving average declined 10,750 to 322,250.

Last week’s unemployment benefit applications nearly matched a September figure that was distorted by late reporting from California. When excluding the September report, last week’s figures were the lowest since May 2007.

Applications have now fallen in seven of the past eight weeks, a hopeful sign for job growth at the end of the year.

Last week included the Thanksgiving holiday, which can present challenges for seasonal adjustments. But government officials say there were no special factors affecting the report."

 

https://www.seattletimes.com/business/us-jobless-claims-plunge-to-298k-as-layoffs-slow/

 

Obama_the_Conquer_s640x427.jpg?73b8e2168

 

 

Share this post


Link to post
Share on other sites
 
Quote

 

Companies Poised To HIRE!!
December 10, 2013


"Job openings in the U.S. climbed in October to the highest level in more than five years, showing employers were looking beyond the budget impasse in Washington amid growing confidence in the economic expansion.

The number of positions waiting to be filled rose by 42,000 to 3.93 million, the most since May 2008, the Labor Department reported today in Washington. Other figures showed wholesalers boosted stockpiles by the most in two years, another sign that companies were preparing for a pickup in sales.

A report last week showed companies in November followed through on the hiring intentions as payrolls climbed more than projected. The figures on openings, combined with data on hiring and job leavers, are among those tracked by Federal Reserve policy makers, including Janet Yellen, to gauge labor-market strength as they determine when to reduce bond purchases.

“Businesses are looking to fill openings, they recognize the economy is improving and to meet demand they’re going to have to hire more aggressively,” said Ryan Sweet, a senior economist at Moody’s Analytics Inc. in West Chester, Pennsylvania. For the Fed, “it’s going to be a close call in December, but they may just wait until 2014” to begin trimming stimulus, he said."

 

 

Share this post


Link to post
Share on other sites
 
Quote

 

Costs Fall AGAIN On Cheap Gas!!
December 13, 2013

moon-from-car.gif
Read & weep, Teabaggers


"Wholesale prices dropped in November for the third consecutive month, pushed down by cheaper gasoline and home heating oil costs.

The Labor Department says the producer price index, which measures prices before they reach the consumer, declined 0.1% in November. This comes after decreases in October and September. Gas costs tumbled 0.7% last month after a steep drop in October. The costs for new cars also fell 0.8% in November.

Energy costs have kept inflation low over the past 12 months. Prices have risen just 0.7% in that period."

 

 

Share this post


Link to post
Share on other sites
 
Quote

 

Same As It's Always Been!
December 12, 2013


"The surge in first-time applications could be a troubling sign if it lasts. But it likely reflects the difficulty adjusting for delays after the Thanksgiving holiday.

The Labor Department said Thursday that the less volatile four-week average rose 6,000 to 328,750. That is close to pre-recession levels and generally a positive sign for job gains.

Applications had tumbled in recent weeks to nearly six-year lows, partly because of a late Thanksgiving holiday that may have distorted the government's seasonal adjustments. Economists believe this week's jump in claims was a dose of payback.

"What the seasonals give in one month they have to take back the next, hence today's number," said Ian Shepherdson, chief economist at Pantheon Macroeconomics.

Applications for unemployment aid are a proxy for layoffs. A steady decline over the past year suggests that fewer Americans have lost their jobs. Economists will track the next few weeks closely to see if that trend is reversing, or if the surge is a temporary blip caused by seasonal adjustments.

The recent drop in layoffs has coincided with a pickup in hiring. The economy has added an average of 204,000 jobs a month from August through November, up from an average of 146,000 in May through July."

 

https://www.cbsnews.com/news/unemployment-aid-applications-surge-to-368000/


 

 

Share this post


Link to post
Share on other sites
 
Quote

U.S. Trade Deficit Sinks To

4-Year Low!!
January 7, 2014

"U.S. exports rose to a record high in November, helping to shrink the nation's trade deficit to the lowest in four years.
 

The surprisingly positive trade report Tuesday adds to the upbeat outlook for the economy. With net exports stronger than expected, analysts revised higher their economic growth forecast for the fourth quarter, saying it will likely come in at a solid annual rate of about 3%.


The Commerce Department said the U.S. trade deficit in goods and services with the rest of the world totaled $34.3 billion in November. That was the lowest since fall 2009 and a steep drop from a trade gap of $39.3 billion in October, seasonally adjusted.

U.S. exports of goods and services reached $194.9 billion in November, up 1% from $193.1 billion in October."

 

 

Share this post


Link to post
Share on other sites
 
Quote

December 2013:

 
"The labor market ended 2013 on a roll, with businesses continuing a several-month streak of solid payroll gains by adding 238,000 jobs in December, payroll processor ADP said Wednesday.
 

Economists expected ADP to report 200,000 additional private-sector jobs, according to a consensus forecast. The Labor Department's more closely watched survey of businesses and federal, state and local governments, due Friday, is expected to show 195,000 jobs were added last month.


Both employment reports capture similar trends but ADP has had mixed success in forecasting the Labor tally. The two reports sometimes diverge more sharply in December because of holiday absences and the tendency of employers to purge their payrolls of employees who have left the company, says Jim O'Sullivan, chief U.S. economist of High Frequency Economics.

Last month, small businesses added 108,000 jobs; large companies, 71,000, and midsize ones, 59.000.

Professional and business services led payroll gains with 53,000. Construction companies, which are benefiting from the housing recovery, added a surprisingly strong 48,000. And trade, transportation and utilities added 47,000. Manufacturers added 19,000 jobs.

"Job gains are broad-based across industries, most notably in construction and manufacturing," said Mark Zandi, chief economist of Moody's Analytics, which helps ADP compile the report. "It appears that businesses are growing more confident and increasing their hiring."

 

 

Share this post


Link to post
Share on other sites
Quote

GM; First Dividend Since 2008!!!

January 14, 2014
 
"U.S. carmaker General Motors said it will resume dividend payments, capping a remarkable turnaround since its 2009 bailout by the U.S. government."
 
_72268366_uerlkhnc.jpg

 

 

Share this post


Link to post
Share on other sites
 
Quote

 

obama-biden-arms-crossed1.jpg?quality=85
January 15, 2014


"Signs the global economy is starting to move up a gear pushed world share markets higher on Wednesday, while the dollar made gains in the wake of surprisingly strong U.S. consumer spending figures.

Wall Street was seen opening up around 0.2 percent, with another flurry of earnings already in focus, as well as the NY Empire manufacturing survey, December PPI and Fed Beige Book data later. .N

Helping the better mood overall, the World Bank upgraded its forecast for global growth this year by two tenths of a point to 3.2 percent, and predicted
a faster pace for both 2015 and 2016."

 

Share this post


Link to post
Share on other sites
 
Quote

 


"Fannie Mae will pay the Treasury Department $7.2 billion after reporting an eighth consecutive quarterly profit, pushing its total dividend payments above the amount of government aid it received after the financial crisis.

The mortgage-finance company, which is operating under federal conservatorship, had net income of $6.5 billion for the three months ended Dec. 31, Washington-based Fannie Mae said today in a regulatory filing. That brought earnings for 2013 to $84 billion, the highest ever for the 80-year-old firm.

After its latest dividend payment, Fannie Mae will have sent the Treasury a total of $121.1 billion, compared with the $116.1 billion of federal aid it received. The company also counts an additional $1 billion in senior preferred stock the Treasury obtained in 2008 as part of its total aid package."

 

palin+surprise.jpg

 

 

Share this post


Link to post
Share on other sites
 
Quote

U.S. Job Growth

March 7, 2014
 


"U.S. job growth accelerated sharply in February despite the icy weather that gripped much of the nation, easing fears of an abrupt economic slowdown and keeping the Federal Reserve on track to continue reducing its monetary stimulus.

Employers added 175,000 jobs to their payrolls last month after creating 129,000 new positions in January, the Labor Department said on Friday. The unemployment rate, however, rose to 6.7 percent from a five-year low of 6.6 percent, as Americans flooded into the labor market to search for work.

"It reinforces the case for the economy being stronger than it's looked for the last couple of months," said Bill Cheney, chief economist at John Hancock Financial Services in Boston. "It makes life easier for the Fed and feeds into continuing the tapering process."

The report also showed the largest increase in average hourly earnings in eight months and the payrolls count for December and January was revised up to show 25,000 more jobs created during those months than previously reported."

 

Share this post


Link to post
Share on other sites

The average Tea Bagger STILL doesnt read very well

Share this post


Link to post
Share on other sites
 
Quote

February:


"The job market picked up more than expected in February, led by strong hiring in professional and business services.

"It's just a steady-as-she-goes recovery. Not fast enough, but not easy to derail," said Justin Wolfers, senior fellow at the Brookings Institution on Twitter.

 

Economists had been expecting a weaker jobs number due to colder than usual weather throughout much of the country in February. Ice and snow can postpone hiring if businesses close, or even cause a decline in outdoor jobs, like construction.


That didn't happen though. Instead, hiring picked up across many sectors. Construction added 15,000 jobs, restaurants and bars added 20,100 jobs and education and health services added 33,000 jobs."

 

Share this post


Link to post
Share on other sites
 
Quote

Obama Approval = 48%!!!

March 11, 2014


"President Barack Obama is rebounding from record-low approval ratings as he remedies the botched rollout of his health-care website and moves past the budget standoffs of the last several years.

Less than eight months before the November midterm elections, Americans are evenly split, with 48 percent approving of Obama’s job performance, up from 42 percent in December -- the biggest positive change of his presidency, according to a Bloomberg National Poll. He’s also registering an improved favorability rating at 49 percent, the highest since last June."

 

https://www.aol.com/article/finance/2014/03/12/obama-approval-split-majority-back-minimum-wage-hike/20848391/

 

Share this post


Link to post
Share on other sites
 
Quote

VICTORY!!!!

March 13, 2014
 


"Despite all the posturing, all of the lies and the smears, and all of the feet-stomping tantrums from the GOP and Teabaggers, President Obama and the Democrats scored a major victory.

Earlier today, the Senate Republicans finally caved regarding the unemployment extensions; and they’re paid for in part by taxes on large corporations (such things exist? Apparently Santa is real).

The bill backdates all unemployment extension to December 28 of 2013, and extends coverage up to five more months. This means that the 2 million people who were cut off unemployment because of the political farce that calls itself the Republican party didn’t extend the unemployment benefits at the time. What’s more, the CBO states that this unemployment extension could save 200,000 jobs, so it’s not just the unemployed that will benefit from it (which takes us right back to this apparently nonsensical notion that in order to run a consumer-based economy, you need consumers who will consume goods and spend money doing so)."

 

https://masteradrian.wordpress.com/2014/03/14/huge-victory-for-the-american-people-as-republicans-implode-on-unemployment-benefits/

 

http://www.politicususa.com/2014/03/13/victory-democrats-senate-unemployment.html

 

 

Share this post


Link to post
Share on other sites
 
Quote

 

obama-biden-arms-crossed1.jpg?quality=85
 

"The economy has generated enough private-sector jobs to replace all those lost during the recession, according to data released Friday by the U.S. Labor Department.

That was the headline news in an otherwise solid, but unremarkable, report. The unemployment rate remained unchanged at 6.7 percent, and payroll jobs were up by 192,000 in March.

In March, private-sector, nongovernmental jobs edged just above 116 million. Such jobs numbered just below 116 million when the recession began in December 2007. At the worst point after the economy faltered, in February 2010, that number had dropped to just below 107.2 million."

 

 

Share this post


Link to post
Share on other sites

 

 
Quote

 

super%20obama.jpg
 

"The federal budget deficit for fiscal 2014 reached $439 billion by the end of May, the nonpartisan Congressional Budget Office reported Friday.


The eight-month total is $188 billion less and is the smallest since President Obama took office.

Most of the change from last year was due to revenue, which grew by 7 percent. Spending fell by 2 percent.

Revenue is increasing as the amount paid in salary and wages increases along with job growth, and because of the expiration of tax breaks such as the 2 percent payroll tax break that ended in December 2012. The last months of calendar year 2012 are in fiscal 2013.

The largest “spending cuts” reported in the period were actually increased payments from troubled mortgage giants Fannie Mae and Freddie Mac, which have become profitable again. Fannie and Freddie contributed $42 billion more so far this fiscal year.

Defense spending was down $25 billion and spending on disasters and unemployment benefits also fell."

 

 

Share this post


Link to post
Share on other sites
Quote

 

Those Obamaccomplishments (just) keep......
....PILING-UP!!!!!
October 17, 2013
 
obama-relaxing1.jpg

"I'm still waitin' for a TOUGH-ONE, everybody!!!!"

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×