4 Year Recovery Watch Remains On High Alert

Every cloud has an AP lining: US economy expands at 0.4 percent rate

15 Replies to “4 Year Recovery Watch Remains On High Alert”

“Employers have added an average of 200,000 jobs a month since November. That helped lower the unemployment rate in February to 7.7 percent, a four-year low.”
Funny. No breakdown wrt public/private jobs and NO mention of the thousands who simply gave up looking for work and are no longer counted among the unemployed.
What does AP stand for? Awesomely Progressive? Arrogant Putzes?
Wait, makes sense now. The authors name is Crudslinger.

Gotta admit that printing tons more $$ to prop up the stock market is a great disguise.

QE4ever is like wanting the heat from a campfire but you are too lazy to go and get wood so you drain gas from your car’s tank and throw it on the fire.
Wait until the real costs of BamBam Care kick in and people see their premiums rise by 30%, their work hours are cut back to keep them under the forced insurance coverage and companies start booting staff off coverage and make them fend for themselves.
The USA is so screwed as long as the “we like spending other people’s money, spreading it around, there is no debt problem” crowd have the Steering Wheel of State.

You’ve noticed that too?
Any time a question is asked about the economy, the fallback position is ‘look how great the stock market is doing?’
I’ve noticed it, too. The first quantitative easing really helped out my portfolio. Not so much in the subsequent ones.
One fine point, thought. When there’s rage against ‘the bankers’ in the US, it’s investment bankers ie Wall Street stock brokerage houses, not your corner bank.
On the other hand, Cyprus showed a much darker type of relationship between our betters in government and how they regulate retail banks.

.4 % will be revised downwards in a week and AP won’t notice or report it.

Don’t forget the record number of people on food stamps. That never gets mentioned either.

I’m starting to sense that the vested interests have taken a reverse page from the IPCC on how to manipulate the numbers in order to keep pumping sunshine up the collective asses. All will be rosy until the whole house of cards collapses.

That’s just great!! At 0.4% annual growth, the economy will double its size in less than 174 years!!!

Hide the decline. Yep.

“economic expansion” is the new inflation stat – an indication of hown much unsecured currency they printed and how much it depreciated your savings.

What was that agency Winston Smith worked at?
That feeble AP article is a classic in misdirected spin.
0.1 or 0.4 is same as no change, within errors of assumptions(not measurements).
Thats called stagnation when a Republican is President.
Whats A.P stand for?
Asinine Propagandists
The stock market is up, in dollar terms for sure.Dollars are worth?.
Cyprus is coming to USA sooner than I thought.

And 14,000,000 people on Social Security disability since 2009 and 1% have returned to work. Hmm. If we added them to the unemployed the unemployment rate would be 18%…

that last comment explains the 40M on food stamps. Ouch!
noticed a lot more US vehicles in Alberta.

The unemployment stats from the Bureau of Labor Statistics are quite telling, if you know where to look. Everyone focuses on the U-1, or headline rate, which is – try to stop from laughing – 4.9%. However, if you look at the broadest measure, U6, which includes people working part time because they can’t find full time work, discouraged workers who’ve given up looking, and marginally attached workers, who aren’t currently looking but have looked sometime in the past 12 months, and suddenly the rate is 14.9%. Add in all those people on disability, and you’ve got something like 20% unemployment.
Isn’t great the way that the Bernank has avoided a second Great Depression? What a putz.

AP just isn’t trying hard enough. They could have spun the .4% rather than the expected .1% as a four-fold increase in economic expansion.
We’re in the money, now life is sunny….

15 Replies to “4 Year Recovery Watch Remains On High Alert”

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