Misanthropes like hawfeces take the correct alignment of the stars and a lot of fukery to create.
Why defense spending plunged 22% last quarter — and killed GDP
Posted by Brad Plumer on January 30, 2013 at 9:42 am
Washington Post
On Wednesday, the government announced that the economy had shrunk at a 0.1 percent annual pace between October and December. That came as a surprise to most economists, who were expecting at least modest growth. So what happened?
Holding back.
Less spending from the Pentagon, for one. Government defense expenditures plunged by a staggering 22.2 percent between October and December. According to the Bureau of Economic Analysis, the Pentagon spent significantly less on just about everything except military pay. Had the Pentagon not cut back on spending, the economy would have grown at a weak but positive 1.27 percent pace.
WHEN THE TEA PARTY MOES HARP ON FED SPENDING TAKE IT WITH A GRAIN OF SALT. A SUDDEN AUSTERITY MOVE BY THE FED GOV WIOULD PLUNGE US INTO A DEPRESSION.
Bloomberg:
Manufacturing in U.S. Grew More Than Forecast in January
By Shobhana Chandra - Feb 1, 2013 9:09 AM CT.
.Manufacturing in the U.S. expanded more than forecast in January, reaching a nine-month high and showing the industry is starting to improve.
The Institute for Supply Management’s manufacturing index climbed to 53.1 last month from December’s 50.2, the Tempe, Arizona-based group’s report showed today. Readings above 50 signal expansion. The figure exceeded the highest estimate in a Bloomberg survey of 86 economists. The median forecast was 50.7.
THANKS OBAMA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Bloomberg: Payrolls rose 157,000 following a revised 196,000 advance in the prior month and a 247,000 surge in November, Labor Department figures showed today in Washington.
THANKS OBAMA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Bloomberg:
U.S. Stock Futures Rise as Data Show Increase in Hiring
By Corinne Gretler & Rita Nazareth - Feb 1, 2013 7:44 AM CT.
.
U.S. stock futures rose, after the best start to a year for the Standard & Poor’s 500 Index since 1997, as data showed hiring increased in January after accelerating more than previously estimated at the end of 2012.
THANKS OBAMA!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hey joedopes...Read below:
Personal income for Americans rose 2.6 percent last month, the Commerce Department said on Thursday. That was the biggest increase since December 2004 and well above analysts' expectations for a 0.8 percent gain.
Bloomberg
S&P 500 Off to Best Start Since ’87 as Stocks Lead Gains
By Rita Nazareth, Asjylyn Loder & Ye Xie - Jan 31, 2013 5:45 PM CT.
.
The Standard & Poor’s 500 Index returned 5.2 percent in January in the strongest start to a year since 1987, leading global stocks higher and beating bonds, commodities and currencies.
THANKS OBAMA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Reuters
American incomes rise by most in eight years
American incomes rose in December by the most in eight years, a positive sign for consumer spending that could help the economy sustain momentum early this year.
Personal income for Americans rose 2.6 percent last month, the Commerce Department said on Thursday. That was the biggest increase since December 2004 and well above analysts' expectations for a 0.8 percent gain.
under Muslim law
Muslim law is irrelavent.
This should frighten all Americans.
The reason John Boehner can't pull the Republican House together is because Koch Bros lobbyist, Grover Norquist, has more influence.
Norquist will threaten any Republican Congressman who votes to raise taxes with a primary challenge. Norquist has the money of the Koch Bros behind him to back his threats.
Grover Norquist is an unelected lobbyist.
This is how the billionaire Koch Bros keep their tentacles buried deep into the Republican Party and influence tax policy to their benefit.
How does it feel to have a lobbyist running your government?
Here's a clue for bonehead Boehner, Grover Norquist and the K0ch Bros, YOU LOST THE ELECTION!
The People have spoken through their vote. They won't take your schitt any more. Your taxes are going up.
If you don't like it leave the country. Go somewhere where the taxes are lower. We don't give a schitt where. Just leave!
Old and cancerous, that describes thr Republican Tea Party!
And didn't start any new wars. All the while he kept us safe.
That was a successful Obama program to jump start the auto industry.
In fact the largest deficit occured in 2009 when George W Bush handed off his budget to Obama.
Chris Wallace is the ONLY reporter with ethics on FAUX News
Mitt Romney surrogate Ed Gillespie was batted around by the unlikely source of Chris Wallace yesterday, when discussing the Romney tax plan.
Of the 6 sources quoted by Ed Gillespie as supporting the Romney 20% tax cut plan 2 were blogs! 1 was the Koch controlled American Enterprise Inst. And the other 3 were Bush Admin economists.
Yeah, hawfarts is quoting CNS News, a worthless biased source and deceptive rippoff of the CBS trademark.
Who Is Amrerica? Who Is America?
A handful of billionaires witht their own personal agenda based on daddy's whacky Libertarian theories.?? It's interestinmg that those theories ONLY help billionaires.
Do those few have a right to set up a system favorable only to themselves?
Are you going roll over for a bunch of self centered 70 year old men with limp diks?
The last time we had a K0ch Bros surrogate government was with George Dubya Bush. We know how that turned out.