Comments on: Industrial production falls in January, consumer sentiment rises

By: Unemployment drops a bit, but… | Conservatives for America

Unemployment drops a bit, but… | Conservatives for America — Fri, 05 Apr 2013 20:00:26 +0000

[...] matter, neither did the payroll tax cut. Consumer spending rose in January and consumer sentiment rose in February, remember? We just have a lousy economy, strangled by regulation that keeps investors from putting [...]

By: Bulletchaser

Bulletchaser — Fri, 15 Feb 2013 23:28:15 +0000

Our woes hit in 2009, but with a lead up in 2008.

The last depression started in 1929, with a lead up in 1928.

The GD lasted through the 1930′s.

The Obama Depression will last through the 2018′s when WWIV happens.

“Drink!”

By: TouchdownBuddha

TouchdownBuddha — Fri, 15 Feb 2013 23:22:41 +0000

The Industrial Production number was a bummer, but it was made up for by the unexpected strength in consumer confidence and the Empire Manufacturing Index (which busted through 10, well above the consensus -1.75). We’ll take it … By the way, the big drop in the trade deficit numbers for December (announced last week) probably means that when the 4Q12 GDP revision is announced in a couple of weeks, it will be positive again. We’re guessing around 0.5% … Dow continues to consolidate around 14K … so far, the numbers for 2013 have been pretty good, so the rally may resume after a breather (or a correction – always welcome) … keep calm and carry on ….

By: Jasper61

Jasper61 — Fri, 15 Feb 2013 22:31:52 +0000

The last check from the Arizona State Retirement System used the tax table supplied by the IRS in December, which was for the Bush tax cuts for the “rich” going away. All the retirees found out that they were rich because their withholding increased. I wonder who else had this problem.

By: trigon

trigon — Fri, 15 Feb 2013 22:05:15 +0000

It’s funny, but I’m actually having one of the best months I’ve had in quite a while. But, my business is really niche, so it probably doesn’t mean anything.

By: mnjg

mnjg — Fri, 15 Feb 2013 20:53:51 +0000

Do you really think that an avrage pay check is losing $ 100 a month due to increase in social security tax and people are going to spend more?… Get real folks… Consumer confidence up… total BS….

By: Marcola

Marcola — Fri, 15 Feb 2013 20:22:40 +0000

However, a separate report released today shows consumer sentiment improving

In other news, consumer sentience continues to fall.

By: J_Crater

J_Crater — Fri, 15 Feb 2013 20:17:52 +0000

My gas and oil advisor tells me that NYC will be switching over to natural gas in a big way. He expects it to push up the price of natural gas produced in PA and other places, but obviously not NY.

Gov. Cuomo, who can’t punch his way out of a paper bag, is still sitting on the scientific advisory panel report saying that “fracking” is good. He’s afraid that his friends will abandon him if he brings wealth and prosperity to New York.

Andrew Cuomo, “Fracking Idiot”

By: evilned

evilned — Fri, 15 Feb 2013 20:08:30 +0000

I just made several significant purchases.

1. rifles sights for my EBR
2. Single point sling mount for my EBR
3. Scope mount for my EBR
4. Rifle sling for my EBR
5. Ammo.

I’m doing my part for manufacturing in this nation. :)

By: Archivarix

Archivarix — Fri, 15 Feb 2013 20:06:24 +0000

Obama has got to work harder!!!
Just give him some more time!!!

Electrongod on February 15, 2013 at 2:55 PM

Gladly. How about 25 to life?

By: DRayRaven

DRayRaven — Fri, 15 Feb 2013 20:06:10 +0000

I’m trying to work up sympathy for Wal-Mart and their awful sales figures after Duh Wun’s re-election.

Let’s see, they threw their weight behind Obamacare and the prog-fascists because they thought it might save them a few bucks on benefits for their employees…even after conservatives had defended them for years against relentless attacks from union thugs, Democrats, and their allies in the press.

Sorry, I have no sympanthy to give, and trust me…I searched deep.
I’ve got plenty of schadenfreude, though.

By: rbj

rbj — Fri, 15 Feb 2013 20:05:54 +0000

Economists polled by Reuters had expected industrial output to rise 0.2 percent in January.

Seriously, it’s time to get some new economists.

By: RedInMD

RedInMD — Fri, 15 Feb 2013 20:04:47 +0000

production down, economy contracting, sentiment up….sounds about right to me. This country deserves everything its gonna get over the next few years. Until the middle class gets whacked good and hard, nothing will change…

By: PolAgnostic

PolAgnostic — Fri, 15 Feb 2013 20:04:29 +0000

Paul Krugman is furiously typing up another column demanding Obama launch a new space race to “surpass Russia’s GDP’s explosive growth due to their competitive lead in meteorite impacts” …

/no sarcasm intended … Krugman is the twit who lamented the lack of space aliens invading a few years back.

By: BobMbx

BobMbx — Fri, 15 Feb 2013 20:02:09 +0000

Industrial production falls in January, consumer sentiment rises

Proof positive that unemployment is good for America

By: RickB

RickB — Fri, 15 Feb 2013 19:59:38 +0000

Obama has got to work harder!!!
Just give him some more time!!!

Electrongod on February 15, 2013 at 2:55 PM

He needs a new laser.

By: KOOLAID2

KOOLAID2 — Fri, 15 Feb 2013 19:59:37 +0000

…wait

By: KOOLAID2

KOOLAID2 — Fri, 15 Feb 2013 19:59:08 +0000

…just keep voting the same clowns in!
../what until all the low information voters finally get a slap in the brain!

By: Oil Can

Oil Can — Fri, 15 Feb 2013 19:58:17 +0000

Obama:

We can solve this by more income redistribution….

By: Doughboy

Doughboy — Fri, 15 Feb 2013 19:56:10 +0000

Anecdotal but the local Wal-mart Supercenter is down big time in sales and has cut back hours by 30%+. Consumers may have credit card bill shock from Christmas.

Vince on February 15, 2013 at 2:51 PM

http://www.bloomberg.com/news/2013-02-15/wal-mart-executives-sweat-slow-february-start-in-e-mails.html

Wal-Mart is just reflecting the economy at large. The payroll tax holiday ending, gas prices at a record high for February, and unemployment still high. Gee, I wonder why sales would be down.

By: tom daschle concerned

tom daschle concerned — Fri, 15 Feb 2013 19:56:08 +0000

Keep voting democrat! Utopia is round the corner!

By: rodguy911

rodguy911 — Fri, 15 Feb 2013 19:55:58 +0000

Manufacturing in the obamba economy:
1. Cooking hamburgers
2. Designing donuts
3. Building parking lots for govt. offices.
4. Budling more roads for peopel who can’t afford cars.
5. Const. of obama phone factories.
6. Global warming prevention design

By: Electrongod

Electrongod — Fri, 15 Feb 2013 19:55:57 +0000

Obama has got to work harder!!!
Just give him some more time!!!

By: Vince

Vince — Fri, 15 Feb 2013 19:51:50 +0000

Anecdotal but the local Wal-mart Supercenter is down big time in sales and has cut back hours by 30%+. Consumers may have credit card bill shock from Christmas.

By: Mr. Arrogant

Mr. Arrogant — Fri, 15 Feb 2013 19:50:03 +0000

Re: Walmart*
We no longer shop there. We are not the only ones.