Comments on: Consumer Confidence Up…

By: Duros62

Duros62 — Wed, 27 May 2009 22:11:04 +0000

Just imagine if John “Don’t know much about economics” McCain was in the White House.

By: SaveFarris

SaveFarris — Wed, 27 May 2009 12:13:05 +0000

there was no way it was going to take longer than four years. Unless, of course, it does.

By: Jaim

Jaim — Wed, 27 May 2009 09:59:49 +0000

btw, where’s Dennis? Remember how he was giving hourly comments about how Obama’s performace was directly tied to the Dow?

Sucks to be him.

By: Jaim

Jaim — Wed, 27 May 2009 04:06:14 +0000

Here’s where the GOP was truly foolish. Whether the economy optimistically rebounded within 18 months, or whether it took longer, there was no way it was going to take longer than four years.

Democratic campaign commercials for 2010, 2012, and 2014 write themselves — the GOP voted “no” on ending the Bush Recession. Why the hell would anyone ever vote for them again?

S’beautiful. I’m getting all misty thinking of just how truly and deeply fucked the GOP is.

By: Oliver Willis

Oliver Willis — Wed, 27 May 2009 02:29:01 +0000

Consumer confidence is up. Some economic forecasts see the recession ending by the end of the year. Unemployment is still WAY too high.

But I think the real problem for conservatives like Jay is: If Barack Obama is popular when the economy is this bad, what’s in store if its okay or – God forbid – booming?

By: Jaim

Jaim — Wed, 27 May 2009 00:14:51 +0000

Unemployment is still way too high for anybody’s liking.

But it’s a start, and it’s a hell of a lot better than we’d be under a Palin administration.

By: Quaker in a Basement

Quaker in a Basement — Wed, 27 May 2009 00:05:02 +0000

What signs would those be exactly?

Here’s a blog tip for you Jay. See all those words up there before the first comment? Up there is where OW writes stuff. If you check, you might find the answer to your question.

By: Lonya

Lonya — Wed, 27 May 2009 00:00:07 +0000

“What signs would those be exactly?”

Does my portfolio count?

March 9: DJIA closed at 6547 and the Nasdaq closed at 1268

Today: DJIA closed at 8473 and the Nasdaq closed at 1750

What’s that about a 27% increase?

Keep in mind that when the markets were in the doldrums in January, February and early March there was a lot of chatter about how the markets were reflecting accurately concern over that commie-pinko Muslim manchurian candidate. The market drop reflected a lack of consumer confidence in the bailout etc. Not only that – there was a lot of idle chatter about how the market was a bellweather, it was ahead of the economy. Worse was to come and it was all Obama’s unique brand of socialism and fascism.

So now the markets over the last 10 weeks have been very stong.
I expect now we’ll hear the internet economists (you know, they read Malkin on Markets or some such) declaim about the lack of linkage between consumer confidence (which is indicative of the willingness of consumers to spend rather than save), the markets and this administration’s policies.

By: yo mama

yo mama — Tue, 26 May 2009 23:55:11 +0000

And the other part where people are freaking leaving Maryland!

By: Jay

Jay — Tue, 26 May 2009 23:25:48 +0000

All I’m saying is the signs are beginning to look positive.

What signs would those be exactly?

By: Oliver Willis

Oliver Willis — Tue, 26 May 2009 22:43:08 +0000

And yet, the op-ed answers its own question

No doubt the majority of that loss in millionaire filings results from the recession.

By: yo mama

yo mama — Tue, 26 May 2009 21:37:12 +0000

Off topic….since I think I heard someone say the blog owner is in the maryland area…..

Going Galt?

hmm…..

http://online.wsj.com/article/SB124329282377252471.html

Interesting.

By: Oliver Willis

Oliver Willis — Tue, 26 May 2009 21:26:30 +0000

All I’m saying is the signs are beginning to look positive. Unlike Bush in Iraq we won’t let rhetoric run ahead of facts.

By: Duros62

Duros62 — Tue, 26 May 2009 20:56:20 +0000

Our cunning plan is wooooorking. Mwah ha haaaaaa!

By: durablend

durablend — Tue, 26 May 2009 20:18:49 +0000

Thank god for those Bush tax cuts!

right Farris?

By: SaveFarris

SaveFarris — Tue, 26 May 2009 20:12:38 +0000

So, you’d say we’ve “turned the corner” when it comes to the economy?

By: Eric the Political Hack

Eric the Political Hack — Tue, 26 May 2009 19:47:36 +0000

Or maybe Barack HUSSEIN (very important to include the middle name, so you don’t forget he is a Muslim) Obama has brainwashed the American people into embracing Communism. In fact, this is probably just further evidence of the Obama propaganda machine and we are all gonna die and/or get free health care soon.