This is just another example of how the Totalitarian Progressives twist and distort the news for their convenience. When George W. Bush was president and the economy recovered in 2003/2004, the NY times and other Totalitarian Progressive propaganda outlets kept saying the economy was bad. They emphasized low wages and blamed Bush for it instead of globalization which was the real culprit. They kept comparing Bush’s to Clinton’s economy when that was a dishonest argument. In the 90′s globalization hadn’t taken full effect, and by the 2000′s it did. Bush’s mistake was emphasizing tax cuts and not major tax reform to make American competitive and incentivize creating jobs with good wages here. This was not his fault as no economic expert on the right or left knew the extent of America’s economic disadvantage. Now that Barack Hussein Obama is President they are proclaiming an economic boom!
The American economy appears to be in a cyclical recovery that is gaining strength. Firms have begun to hire and consumer spending seems to be accelerating.
That is what usually happens after particularly sharp recessions, so it is surprising that many commentators, whether economists or politicians, seem to doubt that such a thing could possibly be happening.
Usually you can depend on the White House to view the economy with the most rose-tinted glasses available. But it was not until last week, after a strong employment report, that President Obama started to sound a little optimistic.
Read the rest: Why So Glum? Numbers Point to a Recovery
So good times are here again according to the NY Times. Just like Pravda was to the Progressive Soviet Regime in Russia, the NY Times is the propaganda arm of the Progressive New Left regime of Barack Hussein Obama. Get ready to hear about the great Obama boom. Never mind that 160,000 was a number they used to call anemic under Bush. Now it is now considered -a jobs boom. The media spin is so bad that now higher oil prices are considered a good sign. Under Bush this was considered bad and higher oil prices is bad as it saps capital from the economy.
The NY Times inadvertently tips off it’s hand with this sentence:
The lag was 28 months after the 1990-91 recession ended, and an amazing 42 months after the 2001 downturn concluded. Those really did deserve the title of “jobless recovery.” But they were very different from what appears to be unfolding now.
Those two recoveries had Republicans at the helm and the media did all it could to keep public sentiment negative. This caused consumer confidence to remain lower than it should have been, making those two recoveries weaker than normal. In this case, the Progressive propaganda media is doing all it can to hype what is really a weak economy. They ignore the fact that all this debt, archaic tax laws and lack of industries make America economically uncompetitive. The truth doesn’t matter to the NY Times and Progressive propagandists, it’s all about the spin.
Tags: Globalization, Jobs, Oil Prices, Progressive Propaganda
As in – under the B. Hussein admin the economy goes BOOM!
Wait until his socialization of another industry(healthcare) kicks in. Then it will be badda boom.
New York Times declares itself irrelevant, thus reporting the truth for the first time in at least a decade.
@ song_and_dance_man:
This article cracks me up. If it was a Republican president they would be bashing him over the economy mercilessly.
@ vagabond trader:
When Bush was President they talked down the economy and cheered when it collapsed. Under Obama they are declaring a boom. They are hypocrites.
All I know is that I’m still 100% unemployed.
@ Rodan:
Heard some feel tingly stuff on the radio about merchant inventories being replenished,blah blah,we’re heading for a booming recovery. Must have come from the same handlers as this rubbish. I’d like to hear from savage how the trucking of goods is going.
@ lobo91:
Don’t know what your beliefs are,but it can’t hurt to ask goddess to put your name on the prayer list if you haven’t already.
A developing story perhaps of interest…
http://pajamasmedia.com/rogerlsimon/2010/04/08/breaking-obama-administration-denies-visas-to-israeli-nuclear-scientists/
It takes 100,000 jobs a month just to break even with people entering the workforce.
And that 160,000 number includes 48,000 Census jobs–which are part-time, temporary, and have no benefits.
lobo91 wrote:
Hope you find work soon. When I moved to NM from Los Angeles I couldn’t find a job doing what I was doing in LA(management in programming/data processing). So I went into another field. Law enforcement. It’s never too late to change fields even though you have an education in the one you can’t find gainful employment. Just something to ponder.
@ vagabond trader:
Meanwhile when the economy was doing good under Bush, they were always downplaying it. It’s pure propaganda.
@ notacompletedork:
Heard about this. What a spiteful creature this guy is. With friends no less.
Pay no attention to those commercial real estate loans resetting over there. I AM THE GREAT AND POWERFUL OBAMA!!!!
@ lobo91:
Plus the governmnet invented 80,000 jobs with their seasonal adjustments.
@ notacompletedork:
Over at the swamp, they’re claiming that story’s been debunked–because the White House says it isn’t true.
Would they have accepted a denial by the Bush White House as proof of anything?
@ Rodan:
No kidding,we haven’t had a good day since Hussein took office. My business is on life support.
@ notacompletedork:
B. Hussein has a special bus to throw Israel under. And this should come as no surprise to those who aren’t fooling themselves about just what this man is all about.
@ vagabond trader:
There was ONE thing that smacked of reason, coming from B. Hussein. Drilling for oil. But I have real doubts he meant it.
@ Rodan:
New Daedalus post.
@ song_and_dance_man:
I’m pretty much too old for law enforcement. Certainly on the federal side. They won’t take anyone over 37.
I can’t afford to take an entry-level job in any field, unfortunately, unless I want to file for bankruptcy.
Clintons economy was also a house of cards with the dot.com bust and from my own business experience it is my opinion that we never actually recovered from that scam. It only looked like we did with the housing bubble.
A far left commie like zero can do no wrong in the eyes of the nyt. The further he goes left the more they will praise him. He is their darling and they are just giddy abt. the destruction he is doing to America.
The nyt was head over heels when that pos got elected.
@ song_and_dance_man:
Blowing smoke. He knows dang well it’ll be fought tooth and nail by his environut friends.Same with nuke plants.
@ chickadee:
This is the same paper that won a Pullitzer Prize for whitewashing Stalin’s regime, after all…
song_and_dance_man wrote:
I’ll go one step further. I’ll predict that no leases will be bid while he’s in office. They’ll hold an auction. The leases will be junk. The oil companies aren’t fools.
vagabond trader wrote:
It is insulting that he thinks we would fall for such a stunt.
@ lobo91:
I hear that. Fortunately (well, as far as fortunate can go after a divorce and loss of homestead) my outlay is minimal since I’m sorta starting over. I can see where entry level is a no go for one who has built a life around a certain field.
@ chickadee:
He doesn’t even feel the need to be generous with his lies anymore. I despise him.
@ song_and_dance_man:
I get to keep the house in my divorce.
Unfortunately, I owe more than it’s worth.
vagabond trader wrote:
I agree. Much like his EO to Stupak that has no real weight against the new law. Oh and BTW, did you hear Stupak will announce he will not seek re-election. Ah the height and disingenuous clap-trap from the Blue Dog caucus.
@ vagabond trader:
He knows nobody’s going to fact check him (other than Fox News, which he pretty much ignores/dismisses).
lobo91 wrote:
And people were being killed in concentration camps and if the nyt covered that at all, it was in a short vague paragraph buried on the 42nd page.
price of crude has as much to do with weakness of the dollar as to US demand…
loonie and dollar at parody…oil costs the US more.
@ snork:
The head of that nail is just begging for the hammer.
@ song_and_dance_man:
Same thing with the nonsense he stuck into the State of the Union address about loan guarantees for new nuclear plants.
He knows damn well that anyone trying to build a new plant is looking at at least a decade in the courts before they even break ground, so it’s a hollow promise.
@ song_and_dance_man:
To spend more time with his family.**snicker** More likely the coward doesn’t want to be around to take the heat when Planned Parenthood builds more big box abortion factories courtesy of he11care.Hope he chokes on his 30 pieces of silver.
lobo91 wrote:
You’re in my thougts and prayers, Lobo, I hope your drought will be over soon.
@ lobo91:
I listened to that speech and missed the lie. I don’t remember where it was heard, but, we haven’t even built a new oil refinery in over 30 years. The left appears to be bound to other economic growth interests than our own. But that is not news.
@ MacDuff:
Thanks.
@ vagabond trader:
I think he went home in recess and found he made a fatal mistake with the local electorate. He was doomed as an incumbent and choose the easy way out.
HA
song_and_dance_man wrote:
lack of refinery doesnt really enter into the gas pump price until the refineries are at max capacity and/or the transport to the tanks at the stations overwhelms the system…like in a real economic boom that inflates demand off of the chart!
this price of gas is a function of a pathetic dollar buying less oil on the international market.
kinda like this, even with less demand:
past
1 dollar = a gallon of oil
now
1 dollar = 1/2 a gallon
@ snork:
It’s a good one!
@ song_and_dance_man:
Basically, they’re trying to do to the whole country (actually, the entire Western world) what happened to you after your divorce.
They want to completely destroy the energy-based economy we have today, and replace it with one where everyone lives in tiny little cubicles, gets around via public transportation, and has some sort of bogus “green job.”
If they make it too expensive to live the way we want, we’ll have no choice but to follow their plan.
At least, that’s their idea.
vagabond trader wrote:
He is in a frenzy now. He smells blood. He is running amok. There won’t be anymore formalities. He doesn’t have time for that. It is full steam ahead for zero now. What we think is the last thing he is concerned abt.
He is making a fcking spectacle of himself. Everyday more people despise this obnoxious jackass.
@ Rodan:
Weasel Zippers is hammering Race Detective©
Tractor production is up 6000 percent!
coldwarrior wrote:
Thank you. That’s a persistent myth. Aside from a few weather-related incidents, we haven’t had gas lines since the ’70s, ergo there’s enough refining capacity. Period. One thing that confuses people is the difference between number of refineries and refining capacity. The typical refinery in the ’70s was 100,000 BPD. Now it’s closer to 200. We haven’t built a new refinery in decades, but we have a lot more capacity.
@ coldwarrior:
Then, one foot follows the other. We are not allowed to drill our own oil so it follows there is no need for new refineries. Catch 22?
archonix wrote:
bwahahahahaha!!! radio moscow back in the coldwar days used to have reports just like these!!!
@ archonix:
@ coldwarrior:
@ lobo91:
I hear what you’re saying, but I find little analogy to my situation. Had I stayed in LA I would still be making twice as much as I now do.
archonix wrote:
They made one this month?
song_and_dance_man wrote:
sure…or do you want to use the other guys oil first, then use ours?
or, do you want to dump wothless dollars overseas that come back as investment when the interest rates hit the roof in a few months?
all econ is a catch 22
Folks, really, we should all stop our bitching and enjoy the Obozo Depression while there is still some time left. Soon the Obozo Wars will start breaking out and they are sure to spoil everybody’s fun. It won’t be all that long before we start looking back to the present times and calling them the good old days. As long as the Evil One is in the White House it’s only going to get a lot worse!
archonix wrote:
You let the CAT out of the bag.
coldwarrior wrote:
Ensign Checkov: Warp drive was invented by the famous Russian scientist Boris Fartsky.
@ song_and_dance_man:
Now we all look like a deer in the headlights.
archonix wrote:
my favorite was radio moscow claiming wheat production was way up…while importing wheat from the US.
@ vagabond trader:
I just wish no one would link to them. CJ is dependent on inflammatory link trolling to boost up his sagging traffic.
@ song_and_dance_man:
It was the idea of losing everything and starting over on a smaller scale.
snork wrote:
its the truth!
pravda!
@ song_and_dance_man:
I’m no economist – not even close, so I will leave the floor to you and snork. But I will put in my 2 cents here and there.
snowcrash wrote:
gospel!
Da_Beerfreak wrote:
From funemployment to war games. Great…
song_and_dance_man wrote:
dude…its supply and demand, it doesnt matter the product, they all work the same, more or less.
this high oil is from a dollar that aint worth jack.
back in the boom, the high oil was huge demand for energy
@ snowcrash:
He11 no linkee! I rarely go dumpster diving but if someone else does….
@ Da_Beerfreak:
Depends on your idea of fun.
I’d almost rather get it over with.
@ coldwarrior:
Ace has had a hard-on for selrahC lately.
@ vagabond trader:
Do I need to write a Deer John letter?
@ lobo91:
Ah yes.
*V-8 slap to head*
hi kids
savage wrote:
whatup, boss?
@ coldwarrior:
just got back from driving around Seattle
@ savage:
Hi savage. I heard today that businesses are stocking up on inventory meaning an upward turn in retail is coming. Any sign of this in trucking?
song_and_dance_man wrote:
deere john letter?
tractor production is up!
@ savage:
At least it’s dry today. Still bloody cold. I want my global warming, and I want it now.
@ song_and_dance_man:
Nobody’s going to voluntarily give up their house in the suburbs and their SUV in order to move into a crackerbox in the inner city, but if you make it too expensive for them to stay where they are, they’ll do it.
chickadee wrote:
He’s a lot like a theif who has just heard the car in the driveway. He’s trying to get as much as he can before he’s discovered, frantically grabbing whatever he can.
I’m convinced that there’s a history to this guy, and it’s not pretty. There are just too many things that we don’t know about him and his past, and what we do know is papered over and we’re told “nothing to see here, move on”.
How in the hell does a man go from “Community Organizer”, to winning a tainted primary for the Senate, to the White House in such a short period of time? He raised tons of money before and during the election that WE KNOW was done by illegal means and we still don’t know from where it came.
What he’s done in the last 18 months is nothing short of a coup. He has ruled, not governed and the Congress has become his lapdog. he has shown no talent in doing anything but draining the coffers and indebting generations yet to be born.
Is this guy Soros’ puppet?
@ vagabond trader:
not a chance. It’s a false front to what is really going on.
This country is 6 months from total collapse, so you better get armed and ready to kill anything that moves if you want to survive.
vagabond trader wrote:
Is that what the article says? That’s the push theory. It doesn’t work that way. Nobody builds up inventory unless 1) they have a good reason to believe that sales will pick up, or 2) they have a good reason to believe that costs will increase significantly. They don’t do it to make sales increase (unless they’re crazy).
@ snork:
I’ve never been so happy to see 60 degrees before.
I really wish I knew if it was going to snow anymore. I’d like to take the Mustang out of storage (if for no other reason than to get it ready to sell it).
@ lobo91:
I also believe this is part of their malevolent scheme.In their minds a perfect way to revive the inner cities. My neighbors will not go for this. Guaranteed.
vagabond trader wrote:
ups/fedex ground commercial account traffic data would be perfect for this…to bad its never published
@ snork:
It was on radio, some such rosy bullsheet to make it appear that merchants are all standing in their doorways waiting for the rush of business.
@ coldwarrior:
Stocking up on inventory is another way to keep the IRS at bay, at least in the short term.
@ vagabond trader:
They might if the alternative is paying $8/gal for gas, and a stiff “commuter tax” on their income.
@ snork:
The way things are going with the Evil One it won’t be long before someone does something stupid and starts a real shooting war.
A question for the econ geeks here:
What happens if/when the Persian Gulf blows itself to hell with nukes?
What is going to happen when the oil stops flowing into the world markets?
The way I see it we’re not that far from a real shit storm.
@ vagabond trader:
Seen any retail outlets doing a bunch of hiring?
Me neither.
@ lobo91:
Nah, we’re all pretty old and kind of set in our ways.They’ll have to send the mobile death panels to extract some of these buggers.
@ lobo91:
So the situation of an individual, like me, is in microcosm like what is happening in the macro. Forced into a new lifestyle from events that happens as social change is born from circumstance just beyond our control.
@ lobo91:
Yes. Kick ass and chew bubble gum and I’m all …
@ vagabond trader:
Ace and his merry band of morons are discussing the dogwhistle phenomenon too.
@ Da_Beerfreak:
For starters, the governments of Mexico, Canada, Venezuela, and Russia will be thrilled…
@ vagabond trader:
It’s our children that will bear the burden of the current leftist agenda.
@ lobo91:
Thats what I thought.
@ Da_Beerfreak:
Expect an immediate price rise in a barrel of oil to about 250 to 300 bucks. Expect Iran to fire off a nuke at Israel when and if the Persian Gulf is closed off due to a blockade.
I expect a global thermonuclear exchange and possibly the extinction of the human race.
I think that the very best we can hope for in the next couple of years is a very anemic recovery. That’s the best. Too much goverment money out there, too much debt.
@ vagabond trader:
They don’t have that much leverage over retired people (aside from massive increases in property taxes, maybe).
I was mostly talking about people who live in the suburbs and commute into a big city for work.
@ song_and_dance_man:
Then we had better make sure they don’t vote for these annihilators again and or ever.
@ vagabond trader:
You start hunting down these people and killing them. I’d like to make it my lifes work. Who’s with me?
@ savage:
Just think how much fun Putin and Chavez could have with that kind of money…
@ lobo91:
I have no pity for those who voted for him. Enjoy your squalor useful idiots.
@ vagabond trader:
That is why attentiveness is paid to teaching(knuckle dragging god fearing indoctrination) my son about the evil of the current political situation. I can only hope he passes it on laterally to his friends.
@ snowcrash:
Ace must have received some love letters from bvoaf to get him going again. lol.
@ lobo91:
Part of the plan, since that cocksucker Obama won’t use nukes under any circumstances anymore.
MacDuff wrote:
And the uncertainty isn’t helping, either. And too much regulation is stuck on stupid.
@ song_and_dance_man:
I hope you’re also teaching him some practical skills he’ll need if things really do go south.
@ vagabond trader:
I watched them play with spacejesuss the other night. It was a thing of beauty. lol
@ snowcrash:
That lil twerp has quite the masochistic streak doesn’t he? We’ve batted him around a few times,kind of pitiful after a bit. No bounce,all limp and libral.
lobo91 wrote:
If things go south, then southern tools will be needed. We’re no there yet.
A good friend and now Pastor once told me – as Christians were are to welcome all, but that doesn’t mean we are Welcome Mats.
vagabond trader wrote:
ace is falling for the cj attention/traffic increasing stunts?
@ song_and_dance_man:
Good philosophy.
ON the original topic of discussion only 2 words come to mind
CLUELESS DOLTS!
@ coldwarrior:
No links,just some delusional Race Detective© quotes.
@ coldwarrior:
Nope. Ace does not link. That makes it all the funnier.
Recession: When you neighbor loses his job.
Depression: When you lose your job.
Recovery: When Obama, Reid and Pelosi lose their jobs.
@ song_and_dance_man:
Very well put.
Unfortunately about half the electorate likes being welcome mats.
(They really think this is a good thing!)
@ The Osprey:
@ The Osprey:
@ Da_Beerfreak:
No problem, I ride the bus!
SciFiGuy wrote:
I doubt they’re clueless. They want to believe the lies since it satisfies their own personal deception.
The Osprey wrote:
savage wrote:
Always with the negative waves, Moriarty…always with the negative waves!
@ The Osprey:
Nice.
BenZacharia wrote:
Now we’re back to the horseshit problem.
@ Da_Beerfreak:
Equality fer sure. Everyone gets a chance to wipe their feet on everyone else.
SciFiGuy wrote:
They are not clueless, they are evil.
Their goal is to keep the Obozo zombies clueless.
(BenZ
)
snork wrote:
But, but,… we have sewer, curbs and drainage systems.
Oh wait. The environMENTAL cabal.
@ song_and_dance_man:
If we can get the bullshit problem under control the horseshit problem will take care of itself.
@ coldwarrior:
That’s why I ignore him.
To Paraphrase an old Warren Zevon Tune….Send Pizza, Guns and Strippers! Ha!
@ BenZacharia:
Hey you have horses?
@ Da_Beerfreak:
Shit for Shat buggie bumper stickers would be a hard sell.
Hell, I like this song…
@ The Osprey:
I’ve always liked that song.
But I’m afraid that where we’re headed, neither the lawyers nor the money are going to be of much use.
Mark Levin just discussed how zero snubbed the leader of the Czech Republic. Of course, he is stridently anti-commie so zero did not invite him to the Start II Nuclear Treaty signing. We can add Vaclav Havel to the list of people zero will openly disrespect when he should be regarding them as allies. The list grows.
Rodan wrote:
i am so happy we didnt go for his stunt this time
vagabond trader wrote:
If you remember back then, it was when the Clinton admin sued Microsoft, in early 1998, demanding that the company be broken up due to the fact that the libs thought Microsoft was a monopoly. That was when the dot.com bubble burst, and that led to the Clinton/Gore recession.
@ coldwarrior:
It was mentioned on an overnight without specific mention, but even that was pre-empted by the shoe smoker! hahaha!
Hey Rodan, does Speranza have an old time TV show in the queue?
@ m:
Which musta t’ed the johnson off because the next day he was claiming Rodan was behind Cato’s twitters, lol!
@ Bob in Breckenridge:
BTW, Microsoft eventually won the case in the Appellate court, but by then most Americans who had invested in the dotcom companies sold their shares fearing the same would happen to all dotcom’s. This in turned dragged down most other stocks, which caused the recession.
I’ll admit most dotcom stocks were over-valued, but if they would have let the free market correct it, the recession most likely would not have happened. But libs being libs, they think they’re smarter than everyone else, and when they try to fix something, they usually fuck it up. See Obamacare, for proof.
Rodan wrote:
Just 1 old nag.
I never said that!
@ snowcrash:
Not Rodan, but there is one for tomorrow night.
Queers for Palestine.
Hate to break the news, but they don’t love you back.
m wrote:
So he was all atwitter over Rodan…
chickadee wrote:
Fuck Zero. No Pilsner for him!
m wrote:
then the 1.0 went after wrath to get a rise out of us/him (and more traffic) and we ignored that as well.
@ snork:
lol, again!
@ m:
Thanks. It is a fun late evening filler feature. People know all kinds of stuff and it’s interesting.
nytol
03:20 fast approaching
coldwarrior wrote:
I still don’t get where the Holocaust denial thing came from. There has to be some serious drug abuse going on over there.
@ snork:
That’s the craziest thing.
snork wrote:
meth will do that.
@ The Osprey:
What a great commercial. I love Pilsner Urquell
And yes fck zero.