Pffffft!
The SUGAR HIGH of "stimulus" is OVER, 'murka!
BACK to where you were!
"Job worries still hold back confidence index" by Anne D’Innocenzio, Associated Press | September 30, 2009
NEW YORK - Recent economic data, from housing to manufacturing, have offered mixed signals, but some evidence that an economic recovery might be slow.
Yeah, and the whole quarter they said we were growing, blah, blah, blah!!
I'm SO SICK of the BUSINESS BULLS***!!!!!
Concerns that consumers won’t help drive a speedy and strong economic recovery escalated yesterday after an influential barometer of confidence fell unexpectedly in September.
Yeah, blame the LOOTED and LAID-OFF consumer, you elite scum!
The Conference Board’s Consumer Confidence survey showed that worries about job security seem to be offsetting any enthusiasm about rising home values and stocks. “Last year, consumers were shell-shocked as they worried about what might happen to the economy,’’ said Mark Vitner, senior economist at Wells Fargo. “Today, shoppers . . . don’t have the means to step up spending.’’
--more--"
NEW YORK --Americans' worries about job security flared up in September, causing a widely watched barometer of consumer confidence to dip unexpectedly and raising more concern about the upcoming holiday shopping season and the overall economic recovery....
I'm not feeling very cheery these days, for a whole host of reasons. Last thing I want to do is boost corporate profits buying crap.
But on Friday, The Commerce Department issued a disappointing housing report....
Even those not worried about losing a job or finding a new one are embracing frugal behavior, buying only necessities and using more coupons....
Do you sense an implicit criticism there?
--more--"
Yeah, never mind the BILLIONS in PROFITS the BANKS are making and the BILLIONS in BONUSES they are handing out!
WASHINGTON - The economy is having growing pains.
You mean LABOR CONTRACTIONS, don't you?
Discouraging new reports on unemployment and manufacturing yesterday reinforced worries that job losses and meager factory output will make for a weak recovery as the nation climbs out of the worst recession in decades.
MSM Manufacturing an Economic Recovery
MSM Manufacturing an Economic Recovery (Part II)
First-time jobless claims rose more than expected last week....
Factories, too, are struggling to mount a rebound....
Pffft!
I'm near to tears right now because of the god-damn Globe and its horse shit agenda-pushing!!!!!!!!
Consumer spending rose a bigger-than-expected 1.3 percent in August, but about a third of that came from the government’s cash for clunkers program. “This is going to be a subdued rebound, two steps forward and one step backward,’’ said BMO Capital Markets’ Sal Guatieri.
That's not a rebound.
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And about those clunkers:
DETROIT - US auto sales fell sharply in September, enduring a tough hangover from this summer’s “cash for clunkers’’ buying spree.
General Motors Co. and Chrysler Group LLC posted the biggest slowdowns during the month, while Hyundai was the sole winner among big carmakers, reporting a 27 percent rise in sales from a year earlier....
The September slump for car and truck makers followed a heady summer. Automakers got a big lift in July and August from the clunkers program, which spurred sales of nearly 700,000 new vehicles. The government program’s big discounts appealed to many customers who otherwise would have waited to buy.
Yup, all so the government and MSM could crow about how much they helped you.
Now, automakers are starting to feel the effect....
Even higher incentives did not shake buyers from their fall slumber....
In addition, shoppers are guarding their wallets, worried about holding onto their jobs....
Why? I thought we were in recovery?
--more--"
Did you guys even get your new clunker yet?
FLASHBACK:
"Car showrooms quiet after clunkers clamor ends; Dealers add other incentives in bid to entice buyers" by Megan Woolhouse, Globe Staff | September 19, 2009
It has been nearly a month since the car-buying frenzy of the Cash for Clunkers program ended, and many area auto dealers are longing for the good old days of July and August....
Once the federal money dried up, so did the sales rally....
Manager Adam Silverleib of Silko Honda in Raynham:
“.... we’re kind of back to where we were....’’
*****************************
And do you know what that means, readers?
See: Globe Clunker Leaves Lot Missing Part
Yup, your NEW CAR is STILL on the LOT!!!
Also see: A Tale of Two Clunkers
Yeah, why is it TAKING SO LONG on the PAYMENTS!? Banks didn't have to wait!
“It was probably, in the end, a complete waste of taxpayer money,’’ said John Wolkonowicz, a senior auto analyst at IHS Global Insight, Lexington forecasting firm. “The dealers, who were supposed to be the primary beneficiaries, many were forced into cash flow problems because the government didn’t pay them in a timely fashion.’’
Yeah, Americans taking on more debt is not a good thing.
And I thought this program was for the public and the environment! That's what I was told by the government and MSM!
In addition to the formidable paperwork, the government website set up to process the deals kept crashing, creating a backlog.
And you want them to run health care?
Wolkonowicz said the fall slowdown may have been worsened by the program because many buyers came out early to take advantage of the program instead of waiting until now to shop.
Silverleib: “Speaking as someone on the front lines, we’re still in a recession.’’
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Here is more happy horse-bleep thrown your way by the BG:
What does energy efficiency do for you?
According to a report from researchers at the nonprofit advocacy group Environment Northeast, all the money that government agencies, utility companies, and others are spending on efficiency programs not only saves energy, it pumps cash back into the economy - from $6 to $8.50 for every $1 spent.
That lie is so outrageous it is unbelievable!
Related: The Power of Green
EMC Moving Out of Massachusetts
You know where this agenda-pushing PoS can go (flush).
And that helps businesses grow, creates jobs, and spurs more spending.
Then WHY the OFF-SHORING and OUTSOURCING of American factories the last 30 years?
The report speculates that if $27.2 billion were spent in New England on such programs over the next 15 years, $180 billion would be reinvested in local economies as a result. Nearly three-quarters of that would be returned to workers in increased income, and an average of 38,000 jobs would be created annually.
PFFFFFFTTTT!
Yeah, at the cost of 75,000 or more!!!!
“The return numbers are really impressive,’’ said Derek K. Murrow, one of the authors of the report, which was released yesterday. “A lot of states, and especially Massachusetts, have made a significant commitment to capturing energy efficiency . . . [and] moving forward with those opportunities is a real need, especially in a time of economic downturn.’’
Energy efficiency - replacing older technologies with ones that require less energy to perform a function such as lighting a room - is a key priority in Massachusetts. State legislators last year passed the Green Communities Act....
In keeping with Green Communities Act mandate, the utility National Grid recently launched a campaign challenging customers to use 3 percent less energy every year for the next decade.
Then ASK the RICH: Wealthy Responsible For Global Warming
“If we all save a little energy, together we can effect huge positive changes for the environment, the economy, and our wallets,’’ said Jackie Barry, a National Grid spokeswoman....
Take your agenda and shove it.
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Btw, readers, I AM ALL FOR ENERGY EFFICIENCY, etc.
My problem is you are NOT GOING TO FIND something that is FOR YOU in the AGENDA-PUSHING PAPER -- especially when they are FULL of SUCH LIES!!!!
