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Anodyne
LSU Fan
Member since Oct 2011
2162 posts

Bad News Again For Obama - Manufacturing Continues Contraction


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quote:

NEW YORK (CNNMoney) -- American manufacturing continued to slow in July, contracting for the second month in a row, according to a survey of purchasing managers .

The Institute for Supply Management reported Wednesday that its monthly index rose to 49.8 in July from a 49.7 reading in June. Any reading below 50 indicates contraction in the sector.

The index showed that while the sector contracted, it did so at a slightly slower rate than it did the month before.

The index came in below the expectations of economists surveyed by Briefing.com, who forecast it would rise to 50.1.

The new orders component, a forward-looking indicator, continued to contract, but the rate of contraction slowed. It rose to 48 in July from 47.9 the month before.


Private Sector is fine though...right?







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udtiger
LSU Fan
Louisiana
Member since Nov 2006
22382 posts
 Online 

re: Bad News Again For Obama - Manufacturing Continues Contraction


Ann Romney owns a horse.

Mitt won't release his tax returns.






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DA
LSU Fan
Member since Sep 2007
16251 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


quote:

Bad News Again For Obama - Manufacturing Continues Contraction


Good news for Cantor and the Young guns. They love them some suffering.






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Anodyne
LSU Fan
Member since Oct 2011
2162 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


quote:

Good news for Cantor and the Young guns. They love them some suffering.


It is unfortunate that we have a two party system that by its very nature makes the suffering of the citizens of this nation beneficial to the party not in power.

Obama road this wave into the WH in 2008, and it looks like Romney has a chance to catch the next wave into the WH as well.






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pistolpete23
In the present
Member since Dec 2007
3696 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


quote:

Bad News Again For Obama - Manufacturing Continues Contraction







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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
21101 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


Housing numbers are ugly too.





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udtiger
LSU Fan
Louisiana
Member since Nov 2006
22382 posts
 Online 

re: Bad News Again For Obama - Manufacturing Continues Contraction


Dog carrier on car roof.

Car elevator.







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Anodyne
LSU Fan
Member since Oct 2011
2162 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


quote:

Housing numbers are ugly too


All of the numbers are ugly. The only likely impending number that will look good for Obama is unemployment, which should decrease soon.

Unfortunately, the decrease will not be because of people finding jobs, but instead because people have fallen off of the unemployment ledgers because they never found a job.

Nevertheless, I am willing to bet a lot of money Obama will embrace the drop in percentage as a victory...despite the cause.



This post was edited on 8/1 at 10:42 am


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udtiger
LSU Fan
Louisiana
Member since Nov 2006
22382 posts
 Online 

re: Bad News Again For Obama - Manufacturing Continues Contraction


Said icky things about London's Olympic preparedness (even though proved correct)

Said Israel's capital is Jerusalem






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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
21101 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


quote:

All of the numbers are ugly.
Indeed. The Fed composite indicies are all at or near the levels they were just before the 2008 events. It's a shame liberals can't understand simple numbers. Otherwise they'd realize where we are.






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LSUgusto
Member since May 2005
16203 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


Who cares about economic numbers? Obama leads in key swing states.





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Anodyne
LSU Fan
Member since Oct 2011
2162 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


quote:

It's a shame liberals can't understand simple numbers.


There are liberals, moderate liberals (like myself) and those that continue to support Obama. Those that continue to support Obama do so for only a few reasons: (1) because of race; (2) because they agree with him and his "means justify the ends" methodology; or (3) because they are willfully ignorant.

No rational human being could look at the numbers associated with his leadership and think that he has been successful at his job to the extent he needs another 4 years.

That does not mean they should support Romney, it only means that Obama does not deserve this high office he currently holds based on results.






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DA
LSU Fan
Member since Sep 2007
16251 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


You sound like someone who hasn't studied the issues. You have your own set of facts. Nothing personal, you aren't alone, here. Good luck.





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GCTIDER
Alabama Fan
Mississippi
Member since May 2012
964 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


You sound like someone who hasn't studied the issues.





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Anodyne
LSU Fan
Member since Oct 2011
2162 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


quote:

You sound like someone who hasn't studied the issues. You have your own set of facts. Nothing personal, you aren't alone, here. Good luck


Enlighten me, brother!






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Duke
USA Fan
Gonzales, La
Member since Jan 2008
16179 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


quote:

Indeed. The Fed composite indicies are all at or near the levels they were just before the 2008 events. It's a shame liberals can't understand simple numbers. Otherwise they'd realize where we are.


Yup. I see nothing but a recession in our future.






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udtiger
LSU Fan
Louisiana
Member since Nov 2006
22382 posts
 Online 

re: Bad News Again For Obama - Manufacturing Continues Contraction


Obama'a more "likeable"





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ljhog
Arkansas Fan
Lake Jackson, Tx.
Member since Apr 2009
9913 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


quote:

Enlighten me, brother!


from DA






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Jake88
George Mason Fan
Member since Apr 2005
7467 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


This'll be mentioned for one day then forgotten.

5.3% unemployment and 3% gdp under Bush was trumpeted every night on the big three networks as the worst economy in 70 years.

But, we all want to have a beer with obama so all's cool and he should win.






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Anodyne
LSU Fan
Member since Oct 2011
2162 posts

re: Bad News Again For Obama - Manufacturing Continues Contraction


Seriously, DA, why am I wrong...I would like to know.





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