http://247wallst.com/2012/12/11/nfib-independent-business-confidence-tanks-in-november/ It looks like small business really did care about who won the election. Optimism.... Nah.
It's the Rep's fault, but not to worry. I'm sure this will turn around when Obama gets his tax hike on the 2% and unlimited authority to raise the debt ceiling without those obstructionists in Congress getting in his way. I mean, couple that with all the wonderful benefits Obamacare gives to business and I can't imagine a happier group than business owners. Can you?
Well look at it this way, our unemployment numbers should be getting really good since so many are just going to give up looking for jobs that don't exist. I'm sure we'll see the democrats touting how amazing they are once we get those low number reports. lol
Recession chances now 100% http://www.marketwatch.com/story/us-chance-of-recession-is-100-2012-12-12?link=MW_home_latest_news
45% of shipyards have no orders to fill after 2012. http://gcaptain.com/global-shipbuilding-outlook-global/
Since they claimed the "Bush recession" ended in 2009, can't wait to hear who and what leftists blame this one on....It for ****** sure won't be Obama or themselves... Dollars to donuts "Republican obstructionism" and "Holding the economy hostage" are among the first words they utter.
Small business will stay under 50 employees to avoid Obamacare. Those that are over will cut employee's hours to under 30 where ever possible. Obamacare is going to be a fracking disaster for the working class. Either Democrats are beyond foolish, or they want economic collapse in order to cause a revolution.
I keep seeing people using that phrase, but I think it's time to put that one on histories scrap heap since donuts cost a dollar or more these days. I was about to reply to that, but you're being sarcastic aren't you? It might have seemed like it should be obvious when you were writing that, but if you've been here a while you should realize that are probalby more than a few people here who really think that. So maybe consider busting out the "eyeroll" emoticon or something when using sarcasm.
LOL. That would make for an interesting pool. We could nominate all the lame excuses and objects of "progressive" wrath like the Koch Bros, et al...
How can there be any business confidence? We don't have much of an economy after the "job creators" sent all our jobs to China. Under Reagan we went from a manufacturing economy to a service economy. After Bush we have gone from a service economy to a servant economy. Until people wake up and send responsible representatives to Washington we won't have an economy.
As a part owner and executive of a small business (just under 20 people) .... we and most all other small businesses are disheartened the election. We are NOT hiring as a result of the election.
That's baloney. 75% of all new jobs came from small businesses and we (small businesses) did not send our work to China. That is just a cop out. We sent manufacturing jobs, but are still a huge manufacturing nation no matter what the DailyKos tells you.
Those with access to the direct bidding of US treasuries are the only happy businesses. Fed to buy more bonds as it sets jobless target- WASHINGTON (MarketWatch) The Federal Reserve on Wednesday announced a fresh bond-buying program worth $45 billion per month of longer-term Treasurys in another effort to reduce what the central bank calls an elevated unemployment rate. Whats also new is the guidance for how long interest rates will be kept exceptionally low, which instead of mid-2015″ now is targeted to an unemployment rate above 6.5% as long as inflation one to two years ahead is projected to be no more than 2.5%. The size and composition of the new bond purchases were in line with market consensus; the rate guidance was discussed but not expected. The purchases replace an expiring program, popularly dubbed Operation Twist, in which the central bank swapped short-term government debt for longer maturities. The Fed also kept its existing program to buy $40 billion a month in mortgage-backed securities, and it maintained its targeted Fed funds rate between 0% and 0.25%, as it has since December 2008. The vote was 11-to-1, with Richmond Fed President Jeffrey Lacker disapproving both the asset purchase program and the forecast for lower rates. Fight the Fed. Buy Gold/Silver.
What a goofy thread! We have nutcase Republicans PROMISING to send the USA over the fiscal cliff to spare their Wealthy masters a 3% increase to return to the taxes they paid in the last big boom, and people are supposed to be CONFIDANT? Republicans are DOOMING the country to make the rich richer,
I don't even know if these Liberals realize they are Marxists.... Class Warfare (CHECK) Socialism (CHECK) Attack Capitalism (CHECK) You dopes... a 100% tax on the rich would not fix this. The math is simple... we MUST QUIT SPENDING SO MUCH $$$$$$$$$$. Let's see... who supports cutting spending???? .... why it's the TEA Party that is the only entity that can do simple math.
Something to note....now good news for the economy is bad for stocks, because labor force participation rates getting lower and lower, will have the federal reserve exiting the monetizing around summer 2013. -ZH
Obama has been a boon to Wall Street. All the deficit spending benefits the investment banks; the central bank "liquidity" benefits the commercial banks; and the volatility benefits the speculators. Obama is the best thing to happen to Wall Street in a LONG time!
November deficit $172b http://www.marketwatch.com/story/us...-2012-12-12-1491016?link=MW_story_latest_news