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February 28, 2012

Three Year American Recovery Watch Remains On High Alert

Now is the time at SDA when we juxtapose!

Face the Nation host Bob Schieffer, Feb.26th;

“How do you go after Barack Obama, though, right now? I mean, the stock market is up. It looks like the unemployment is going down. David Axelrod in his campaign said the other day Osama bin Laden is dead and General Motors is alive. It’s going to be a tough job for you, is it now?”

CNBC, Feb. 28th;

New orders for U.S. manufactured goods fell in January by the most in three years as demand fell across the board from machinery to aircraft, suggesting the economy started the year on weaker footing than expected.

Unexpectedly!

Posted by Kate at February 28, 2012 11:22 AM
Comments

Yeah, but Obama is like so dreamy! He's like a black Justin Trudeau!

Posted by: Eskimo at February 28, 2012 11:38 AM

The stock market is up? Really? The Dow Jones priced in gold does not look quite so "recoveryish". http: //pricedingold dot com/dow-jones-industrials

The great whirring of the Fed printing presses is giving the market what it likes: lots of liquidity.

Earnings. Where are the earnings?

Posted by: Shaken at February 28, 2012 11:42 AM

Bob Schieffer is just another water carrier for Obama.

Posted by: Ken (Kulak) at February 28, 2012 11:58 AM

IS the Obama campaign really going to campaign on.

Osama Bin Laden is still dead.....

He made the right decision, good for him, I find it hard to believe he would have made another decision. Its not like he pulled the trigger. Seal Team 6 should run for President if thats the decision criteria.

Posted by: Stephen at February 28, 2012 12:27 PM

"New orders for U.S. manufactured goods fell in January by the most in three years as demand fell across the board from machinery to aircraft, suggesting the economy started the year on weaker footing than expected."

So orders were down for EVERYTHING,and yet it only "suggests" the economy was fubar to start the year? Gotta love leftard weasel words.

Posted by: Justthinkin at February 28, 2012 12:42 PM

Well, Bambi has the old guard of the Republican party doing their best for him.
The present Republican primary campaign is disgusting for a [former?] great power.

Posted by: John Lewis at February 28, 2012 1:14 PM

And there's also this:

http://www.gallup.com/poll/152753/Unemployment-Increases-Mid-February.aspx

After all that Democratic joy when the unemployment rate dropped to 8.3%, it jumped right back up to 9% in just a month.

Put that in your pipe and smoke it, Schieffer.

Posted by: scf at February 28, 2012 2:56 PM

Heh,

Is it intersting to note and to look at the parallels in the reporting of mass media. Compare what Pres Bush got and what the current President is getting. It is almost diametrically opposed on each point.


Remember during the presidency of Pres Bush, the key phrase was also "unexpected", however it was always in the direction of being surprised that things were actually better then the"experts" were constantly predicting.

The current president gets the "unexpected" to pretend to mean that the "experts" predicted much better than the current state.

So much for the pretend experts.

Miss Kate being always alert for that, made the observation on many occasions.

Posted by: Lev at February 28, 2012 5:28 PM

I agree. This is a good experiment into how much the media can sway public opinion. They are trying so hard to make the economy seem better than it really is. Obama has seen an upswing in the polls but I think he is peaking about 300 days to early. Just wait for $150 per barrel of oil and $5 gallon gas in the US and $6 a gallon here in Canada. We are going into a rough patch and the media's cheerleading is not going to help him much come July. There's not much any of us can do but hang on and hope for a better day this time next year.

Posted by: mark at February 28, 2012 6:34 PM

The MSM cheerleading continues.

"the economy is improving". Translation, it can't get any worse, can it?

Posted by: DanBC at February 28, 2012 10:01 PM

The rising cost of transportation will hurt Obama no matter what kind of spin he puts on it. He has made it clear that he approves of green power and unfortunately for him, but good for those of us that want to see him turfed, green power does not deliver the groceries, power ships or airplanes and has the tendancy to empty consumer wallets in Gaia's name. By May we should see clear indication that the fragile economy has not only stalled but is sliding back downhill again. In the USA as well as Canada, everything moves on wheels and the more it costs to turn those wheels the more unpopular the ruling elite will become. If the price of fossil fuels does not come down drastically by August Obama will be toast, as he has been instrumental in putting his eggs in the green basket rather than doing what's best for economic recovery. The pain at the pumps will be the primary factor in dumping the worst POTUS the USA has ever had.

Posted by: peterj at February 28, 2012 11:41 PM

The good news is that we are no longer sinking.

The bad news is that we are still at crush depth.

Posted by: Reginald at February 29, 2012 9:35 PM
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