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Consumer confidence up
- Thread starter GromsDad
- Start date
"Consumer Confidence".stu dog said:so the holiday shopping has nothing to do with itGromsDad said:
:bigdeal:
FecalFace said:"Consumer Confidence".stu dog said:so the holiday shopping has nothing to do with itGromsDad said:
:bigdeal:
Who says the economy is not booming...
Animal spirits are real!
Bottom line is consumers and businesses are breathing a big sigh of relief that the Obama administration is coming to an end. I've been seeing it in my own business as well as there is a tremendous pent up demand from businesses and consumers who have been holding off purchases for as long as they could. Businesses and people are starting to spend money again. Hopefully the economy comes roaring back.
http://www.usatoday.com/story/money/cars/2016/11/27/record-number-car-buyers-upside-down-trade-ins/94506786/
too many people are too far in debt; this was true before the election and remains true today.
and fyi - consumer confidence was last this high in 2007.
too many people are too far in debt; this was true before the election and remains true today.
and fyi - consumer confidence was last this high in 2007.
[size:14pt]Consumer confidence surges to 9-year high[/size]
The economy is rejoicing that Obama is on the way out the door.
http://www.usatoday.com/story/money/2016/11/29/consumer-confidences-surges-9-year-high/94571370/
The economy is rejoicing that Obama is on the way out the door.
http://www.usatoday.com/story/money/2016/11/29/consumer-confidences-surges-9-year-high/94571370/
How does an economy rejoice?GromsDad said:
Does it throw a party?
What did you buy now that your confidence soared?
A box of tampons?
You haven't shown any correlation to this being a result of Obama leaving and people sighing relief.
If anything it's evidence of a successful presidency, who helped boost the economy.
Obama is still our president in case you forgot.
If anything it's evidence of a successful presidency, who helped boost the economy.
Obama is still our president in case you forgot.
I am reminded of how GWB was defended here no matter what he did.
By the end of his 2nd term, his ranks had thinned significantly. Why didn't they see it before?
By the end of his 2nd term, his ranks had thinned significantly. Why didn't they see it before?
One thing that gets missed when Repubs criticize Obama for tepid growth is that this period has been a very long period of growth. I think the word is stability. Quite an achievement considering the state of the economy after 8 years of our last Repub admin. With Trump I'm thinking we're in for a rocky ride. I'd be happy to be proven wrong though.
http://www.businessinsider.com/duration-of-us-economic-expansions-since-the-1850s-2015-4
http://money.cnn.com/2016/01/11/investing/longest-economic-recovery-ever/
https://www.bloomberg.com/news/articles/2015-06-30/rodney-dangerfield-u-s-recovery-may-end-up-being-longest-ever
http://blogs.wsj.com/economics/2016/03/04/this-is-the-largest-job-growth-streak-ever-kind-of/
http://www.businessinsider.com/duration-of-us-economic-expansions-since-the-1850s-2015-4
http://money.cnn.com/2016/01/11/investing/longest-economic-recovery-ever/
https://www.bloomberg.com/news/articles/2015-06-30/rodney-dangerfield-u-s-recovery-may-end-up-being-longest-ever
http://blogs.wsj.com/economics/2016/03/04/this-is-the-largest-job-growth-streak-ever-kind-of/
and it'll stay that way for the foreseeable future.ifallalot said:
trump just named a goldman alumni as Treasury Secretary