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While the usual right wing blowhards are employing every bit of hyperbole they can muster to tell you about the end of the world, the economy has been improving and we've got good news coming in from all over the place.
Quote:
Signs that the U.S. job market thawed in November jumpstarted the gains. ADP Employer Services, a payroll company, said small businesses added the largest amount of workers in three years last month, well ahead of what analysts had forecast....Greg Walker, a global investment strategist at J.P. Morgan Private Bank, said the ADP report gave traders confidence that the overall U.S. employment rate will fall. The Bureau of Labor Statistics will release the November unemployment rate on Friday morning.....In other economic news, the Institute of Supply Management said its index of manufacturing activity rose in November for the 16th month.
All while automakers report double digit increases in sales:
Quote:
DETROIT - Ford Motor, General Motors and Chrysler all reported double-digit U.S. sales increases for November as the American auto industry's slow-motion recovery continued to gain traction.
Ford Motor Co. reported the largest increase of the Detroit Three on Wednesday — up 20 per cent from November of last year. GM sales rose 11 per cent and Chrysler showed a 17 per cent increase.
US automakers report double-digit sales increases as consumer confidence grows - Yahoo! Canada News (http://ca.news.yahoo.com/s/capress/101201/business/us_auto_sales_10 - broken link)
A new survey by the Federal Reserve finds that 10 of the Fed's 12 regions reported economic growth picking up. All told, the new survey offered a marginally brighter picture of the economy over the past six weeks. Stronger production at factories helped propel growth in most parts of the country, the new survey said. Makers of fabricated metals and autos and related goods saw the biggest gains.
Fed survey: Economic growth picks up in most of US - Yahoo! Finance (http://finance.yahoo.com/news/Fed-survey-Economic-growth-apf-48058712.html?x=0 - broken link)
Quote:
Manufacturing has been one of the strongest sectors of the economy since the recession ended. After slowing over the summer, factories have picked up in recent months as auto sales have grown and businesses are investing in industrial machinery and other equipment. "American factories are catching a second wind as consumers start to flex their wallets," Sal Guatieri, an economist at BMO Capital Markets, said.
ADP Employer Services said employment at private companies jumped by 93,000 in November as small businesses added the largest amount of workers in three years. Meanwhile, a survey affiliated with the Chinese government said its measure rose to 55.2 in November from 54.7 in October.
Just got the news that my health insurance premium is doubling with benefits decreasing. Yep good news coming from all over the place.
Cry me a river.
You want health care insurance from private health insurance corporations that operate to make a PROFIT, this is what you get.
They are stiffing you and telling you it's Obama's fault while they are laughing all the way to the bank with their stock options and multi-million dollar bonuses.
Let me ask you this?
Don't you like to get kissed while you are being f**ked!
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