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Not too good huh?

 

A new Rasmussen Reports national telephone survey finds that just one-in-four American Adults (24%) now think the U.S. economy will be stronger a year from now, down nine points from October  and the lowest finding in over six years of regular surveying. Nearly twice as many (46%) expect a weaker economy in a year’s time, up from 41% in the previous survey. Twenty-two percent (22%) think the economy will remain about the same. (To see survey question wording, click here).

 

http://www.rasmussenreports.co...e_stronger_in_a_year

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Working out reasonably well. The stock market is up, interest rates are down, millions of new jobs created, millions of people now have health care who didn't previously, the auto industry was saved, Bin Laden is dead. The unpaid for, deficit expanding wars are winding down. No major terrorist attacks, certainly nothing of the magnitude of 9/11. If you want to have a gay marriage there are ways to do that now. If you want to smoke pot legally there are ways to do that now. 

 

Obama has made plenty of mistakes but his critics are too harsh. If Bush had produced similar results conservatives would be petitioning Congress to have his smirking little head carved into the side of Mount Rushmore.

 

 

Originally Posted by Goodvibrations:

Working out reasonably well. The stock market is up, interest rates are down, millions of new jobs created, millions of people now have health care who didn't previously, the auto industry was saved, Bin Laden is dead. The unpaid for, deficit expanding wars are winding down. No major terrorist attacks, certainly nothing of the magnitude of 9/11. If you want to have a gay marriage there are ways to do that now. If you want to smoke pot legally there are ways to do that now. 

 

Obama has made plenty of mistakes but his critics are too harsh. If Bush had produced similar results conservatives would be petitioning Congress to have his smirking little head carved into the side of Mount Rushmore.

 

 You have been smoking a little weed if you think Obama has been good for the nation.

 

 

Originally Posted by Goodvibrations:

Working out reasonably well. The stock market is up, interest rates are down, millions of new jobs created, millions of people now have health care who didn't previously, the auto industry was saved, Bin Laden is dead. The unpaid for, deficit expanding wars are winding down. No major terrorist attacks, certainly nothing of the magnitude of 9/11. If you want to have a gay marriage there are ways to do that now. If you want to smoke pot legally there are ways to do that now. 

 

Obama has made plenty of mistakes but his critics are too harsh. If Bush had produced similar results conservatives would be petitioning Congress to have his smirking little head carved into the side of Mount Rushmore.

 

 

How many of the 6 million 'new' signees' for Obamacare HAD insurance prior to its inaction, but LOST it...and HAD to sign up?

Well, I can speak for myself and it is working out very well . During the reign of ruin of Bush, my stock portfolio's value was cut in half, and some of my stocks had quit paying dividends.
As of this past week, my stock portfolio is almost 3 times what it was when Bush left office, and my dividend paying stocks are once again , paying dividends - tho not nearly as much as at the end of teh Clinton era.

As far as the nation as a whole, the deficit has been cut in half, and the economy is slowly getting better, the economy is creating more or less 120,000 jobs a month in the private sector compared to loosing 800,000, but even at that difference of 900,000 jobs, there is still a long way to go. It is my contention that had Obama had some help from the Republican house to try to do something to help the country instead of focusing on anti-abortion bills, and all the voting attempts to end Obamacare (which everybody knew was a waste of time), and the Senate Republicans  had not obstructed every single initiative to improve the economy, we would be in a lot better place now.

Good vibrations gave a pretty good rundown of it all so no reason for me to have to repeat it.

Overall , we are in a lot better place than we were when Obama took over. Anyone that can't see that is just blind to real facts.

Originally Posted by teyates:

Yep...in the process of doing my tax return.  Made about 19% LESS money than last year, and still owe MORE taxes.  I guess I should have had a glass of the Kool=Aid then i wouldn't be so frustrated with the whole mess.

====================

Blind to facts my ykw. Heard from an old customer in Florida, he was only calling to say hello, and see how things were going. Things have been going downhill for him (and everyone) since obama. He had to lay off all his employees a couple of years ago, but this year he made less for the year than he used to do in a month. Of course it's bad business on his part, seeing as how he had only been in business for 25 or so years before the obamanation got into office.

i talked to one of my suppliers today.. just to see how things were going.. ... they're making a strong recovery.... they're hiring new employees and things are going great... orders have doubled from just 5 years ago. they've even expanded and opened a new warehouse in another state. seems the economy has been good to quite a few.. and bad to a few. i wonder what the difference is, to make such a change in one business and the opposite in another.

Originally Posted by direstraits:

The economy is limping along at 1.9 to 2 percent increase of GDP.  It should be in the 3.5 to 4 percent. Even Obama's economic model predicted a stronger recovery.  Thankfully, he hasn't gotten us to European standards, yet.  The Euro zone is limping along at 1 percent.

___________

 

Want to know why the economy is not recovering as fast as it should? 

 

http://www.forbes.com/sites/st...s-economic-recovery/

http://www.forbes.com/sites/st...dea-milton-friedman/

Originally Posted by Jankinonya:
Originally Posted by direstraits:

The economy is limping along at 1.9 to 2 percent increase of GDP.  It should be in the 3.5 to 4 percent. Even Obama's economic model predicted a stronger recovery.  Thankfully, he hasn't gotten us to European standards, yet.  The Euro zone is limping along at 1 percent.

___________

 

Want to know why the economy is not recovering as fast as it should? 

 

http://www.forbes.com/sites/st...s-economic-recovery/

http://www.forbes.com/sites/st...dea-milton-friedman/

The short term gain mentioned in the first article, I saw that happening with my own eyes in the corporate world. Managers top to bottom, are paid bonuses based on how much MORE productivity they can get for how many FEWER dollars in their budget. Staying constant on a budget is not really acceptable. I know, I used to get budgets based on this.

However, the short term gain thinking has crept into politics. Screw what is in the best interest of our country long term, if it will garner some short term political gain, because, who cares about long term, the next election is just around the corner.

 

Seeweed,

 

WSJ is good about presenting varying ideas, unlike more left wing rags. However, I'll take the word and experience of those actually in the trenches of business over an old World Bank bureaucrat like Steve Denning. 

 

Investments are down in the corporate market because foreign investments in the US market are down.  Corporate profits are up because of overseas operations.  Comparing private businesses to corporations -- please show me an equivalent to GM or GE. 

 

Love the quote “If anyone familiar with even the rudiments of the law were to be asked whether a corporate executive is an employee of the shareholders, the answer would be: clearly not. The executive is an employee of the corporation.

 

An organization is a mere legal fiction.”  Basically, this is a rehash of the liberal meme on corporations as some amorphous entity independent of the CEO, board of directors and shareholders.  Sorry, but the CEO is an employees of the shareholders via the board.  The corporation’s money is the shareholders’ money, less debts and taxes.  There is no other legal entitlement to the funds than those. 

 

Denning correctly quotes Peter Drucker, “There is only one valid definition of business purpose: to create a customer.”  Then, screws it up with the idea that the customer solely makes the company.  If so, we’d be living in well-appointed caves, with fine flint tools – the liberal dream for most of mankind, except their elect, of course.  Enterprises may identify a need that a potential customer didn’t even know was possible, else blacksmiths would still show horses, as our major method of transportation.  Or, enterprises determine how to deliver a product cheaper and/or better.  Drucker also said, “Enterprises are paid to create wealth, not control costs.”

 

 

 

 

Last edited by direstraits
Originally Posted by uandurine:

Well, today should be the last day that I get the daily pleading email to sign up for ObamaCare.  I guess tomorrow I'll start getting the "you're in trouble now" emails.

________________________________

At present, the IRS is unsure how to collect. As of now, take it out of any refund for 2014.  However, when it comes to collecting taxes, the IRS can be quite imaginative. 

 

Originally Posted by direstraits:

Seeweed,

 

WSJ is good about presenting varying ideas, unlike more left wing rags. However, I'll take the word and experience of those actually in the trenches of business over an old World Bank bureaucrat like Steve Denning. 

 

Investments are down in the corporate market because foreign investments in the US market are down.  Corporate profits are up because of overseas operations.  Comparing private businesses to corporations -- please show me an equivalent to GM or GE. 

 

Love the quote “If anyone familiar with even the rudiments of the law were to be asked whether a corporate executive is an employee of the shareholders, the answer would be: clearly not. The executive is an employee of the corporation.

 

An organization is a mere legal fiction.”  Basically, this is a rehash of the liberal meme on corporations as some amorphous entity independent of the CEO, board of directors and shareholders.  Sorry, but the CEO is an employees of the shareholders via the board.  The corporation’s money is the shareholders’ money, less debts and taxes.  There is no other legal entitlement to the funds than those. 

 

Denning correctly quotes Peter Drucker, “There is only one valid definition of business purpose: to create a customer.”  Then, screws it up with the idea that the customer solely makes the company.  If so, we’d be living in well-appointed caves, with fine flint tools – the liberal dream for most of mankind, except their elect, of course.  Enterprises may identify a need that a potential customer didn’t even know was possible, else blacksmiths would still show horses, as our major method of transportation.  Or, enterprises determine how to deliver a product cheaper and/or better.  Drucker also said, “Enterprises are paid to create wealth, not control costs.”

 

 _________________________

 

Once again you are brought down by your lack of reading comprehension. 

 

"

A whole set of organizations responded by doing things differently and focusing on delighting customers profitably, rather than a sole focus on shareholder value. These firms include Whole Foods [WFM], Apple [AAPL], Salesforce [CRM], Amazon [AMZN], Toyota [TM], Haier Group, Li & Fung and Zara along with thousands of lesser-known firms. The transition is happening not just in high tech, but also in manufacturing, books, music, household appliances, automobiles, groceries and clothing. This different way of managing turned out to be hugely profitable.

The common elements of what all these organizations are doing has now emerged. It’s not merely the application of new technology or a set of fixes or adjustments to hierarchical bureaucracy. It involves basic change in the way people think, talk and act in the workplace. It involves deep changes in attitudes, values, habits and beliefs."

 

The proof is in the pudding dire. Regardless of what you "think", reality is proving you wrong.

 

 

 

Originally Posted by Jankinonya:
Originally Posted by direstraits:

Seeweed,

 

WSJ is good about presenting varying ideas, unlike more left wing rags. However, I'll take the word and experience of those actually in the trenches of business over an old World Bank bureaucrat like Steve Denning. 

 

Investments are down in the corporate market because foreign investments in the US market are down.  Corporate profits are up because of overseas operations.  Comparing private businesses to corporations -- please show me an equivalent to GM or GE. 

 

Love the quote “If anyone familiar with even the rudiments of the law were to be asked whether a corporate executive is an employee of the shareholders, the answer would be: clearly not. The executive is an employee of the corporation.

 

An organization is a mere legal fiction.”  Basically, this is a rehash of the liberal meme on corporations as some amorphous entity independent of the CEO, board of directors and shareholders.  Sorry, but the CEO is an employees of the shareholders via the board.  The corporation’s money is the shareholders’ money, less debts and taxes.  There is no other legal entitlement to the funds than those. 

 

Denning correctly quotes Peter Drucker, “There is only one valid definition of business purpose: to create a customer.”  Then, screws it up with the idea that the customer solely makes the company.  If so, we’d be living in well-appointed caves, with fine flint tools – the liberal dream for most of mankind, except their elect, of course.  Enterprises may identify a need that a potential customer didn’t even know was possible, else blacksmiths would still show horses, as our major method of transportation.  Or, enterprises determine how to deliver a product cheaper and/or better.  Drucker also said, “Enterprises are paid to create wealth, not control costs.”

 

 _________________________

 

Once again you are brought down by your lack of reading comprehension. 

 

"

A whole set of organizations responded by doing things differently and focusing on delighting customers profitably, rather than a sole focus on shareholder value. These firms include Whole Foods [WFM], Apple [AAPL], Salesforce [CRM], Amazon [AMZN], Toyota [TM], Haier Group, Li & Fung and Zara along with thousands of lesser-known firms. The transition is happening not just in high tech, but also in manufacturing, books, music, household appliances, automobiles, groceries and clothing. This different way of managing turned out to be hugely profitable.

The common elements of what all these organizations are doing has now emerged. It’s not merely the application of new technology or a set of fixes or adjustments to hierarchical bureaucracy. It involves basic change in the way people think, talk and act in the workplace. It involves deep changes in attitudes, values, habits and beliefs."

 

The proof is in the pudding dire. Regardless of what you "think", reality is proving you wrong.

 

 

 

I would say that delivering a good experience to the customer is in the best interest of the shareholder.

 

However, I would also add that when I invest in a company I fully expect the BOD and CEO to be good fiduciaries of my money and to always act in my best interest. 

Originally Posted by Jankinonya:
Originally Posted by direstraits:

Seeweed,

 

WSJ is good about presenting varying ideas, unlike more left wing rags. However, I'll take the word and experience of those actually in the trenches of business over an old World Bank bureaucrat like Steve Denning. 

 

Investments are down in the corporate market because foreign investments in the US market are down.  Corporate profits are up because of overseas operations.  Comparing private businesses to corporations -- please show me an equivalent to GM or GE. 

 

Love the quote “If anyone familiar with even the rudiments of the law were to be asked whether a corporate executive is an employee of the shareholders, the answer would be: clearly not. The executive is an employee of the corporation.

 

An organization is a mere legal fiction.”  Basically, this is a rehash of the liberal meme on corporations as some amorphous entity independent of the CEO, board of directors and shareholders.  Sorry, but the CEO is an employees of the shareholders via the board.  The corporation’s money is the shareholders’ money, less debts and taxes.  There is no other legal entitlement to the funds than those. 

 

Denning correctly quotes Peter Drucker, “There is only one valid definition of business purpose: to create a customer.”  Then, screws it up with the idea that the customer solely makes the company.  If so, we’d be living in well-appointed caves, with fine flint tools – the liberal dream for most of mankind, except their elect, of course.  Enterprises may identify a need that a potential customer didn’t even know was possible, else blacksmiths would still show horses, as our major method of transportation.  Or, enterprises determine how to deliver a product cheaper and/or better.  Drucker also said, “Enterprises are paid to create wealth, not control costs.”

 

 _________________________

 

Once again you are brought down by your lack of reading comprehension. 

 

"

A whole set of organizations responded by doing things differently and focusing on delighting customers profitably, rather than a sole focus on shareholder value. These firms include Whole Foods [WFM], Apple [AAPL], Salesforce [CRM], Amazon [AMZN], Toyota [TM], Haier Group, Li & Fung and Zara along with thousands of lesser-known firms. The transition is happening not just in high tech, but also in manufacturing, books, music, household appliances, automobiles, groceries and clothing. This different way of managing turned out to be hugely profitable.

The common elements of what all these organizations are doing has now emerged. It’s not merely the application of new technology or a set of fixes or adjustments to hierarchical bureaucracy. It involves basic change in the way people think, talk and act in the workplace. It involves deep changes in attitudes, values, habits and beliefs."

 

The proof is in the pudding dire. Regardless of what you "think", reality is proving you wrong.

__________________________________________________________________________

Jank, M'dear, not only  have you misstated my main points, but represented a conclusion that does not standup to inspection. 

 

Among my points were Denning, a World Bank bureaucrat, has little experience with real economies.  Both left and right have decried that organization for further destroying national economies under the guise of rescuing them.

 

I did not defend the idea of pumping up a company's quarterly profits.  That is short sighted and the stuff of last century business methods.  My major point was that Denning did not identify correctly the reasons the US economy is still struggling to make a minimum recovery.  The companies, cited such as Whole Foods and Amazon were not founded solely to meet a customers needs.  They were founded to make a profit by identifying a customers' needs -- in the case of Amazon, before the customer knew his need.  Sorry, no new age philosophy. Just, new tech used to meet a need and produce a profit.  With a bit of wordsmithing, I could conclude the barons of the Gilded Age did the same thing with railroads and timber mills as those you stated for new companies.

 

 

 

Originally Posted by Crash.Override:

bestworking.. just like the bill gray of the political forums. with ignorant cartoons included.

 

Awwwwwww snap! That's just low man!  Being compared to a lowlife, asswipe, know it all who hides behind the veil of Christianity to do his dirty deeds and get his daily jollies. 

Last edited by Seven
Originally Posted by seeweed:
Originally Posted by unclegus:

I can skin a buck, I can run a trot line and a country boy can survive!

Skills that may be required if we ever let the Republicans get in total power again.

 _________________________________________
Says one who supports the party that delivered the worst recovery since WWII. 

 

Originally Posted by Mr. Hooberbloob:
Originally Posted by seeweed:
Originally Posted by unclegus:

I can skin a buck, I can run a trot line and a country boy can survive!

Skills that may be required if we ever let the Republicans get in total power again.

 


With the dems in charge, the only skill you need is to know how to sign up for welfare.

______________

says the most backward, low information voter , on these forums.

Originally Posted by direstraits:
Originally Posted by Jankinonya:

Dire, you are completely delusional.

_______________________________________

Then, I'm in the company of most economists.

 

 

http://www.texaspolicy.com/cen...st-wwii-job-recovery

 

Or, perhaps, its the disciples of the Obamessiah who are experiencing religious faith overload.

 

 

 

 

 

 

 

 

 

 

 

 

 

t

___________________

you have to wonder about 'facts'.. taken from a texas teapublican website.. i'm sure those figures will hold up under farther scrutiny.

Originally Posted by Crash.Override:
Originally Posted by direstraits:
Originally Posted by Jankinonya:

Dire, you are completely delusional.

_______________________________________

Then, I'm in the company of most economists.

 

 

http://www.texaspolicy.com/cen...st-wwii-job-recovery

 

Or, perhaps, its the disciples of the Obamessiah who are experiencing religious faith overload.

 

 

 

 

 

 

 

 

 

 

 

 

 

t

___________________

you have to wonder about 'facts'.. taken from a texas teapublican website.. i'm sure those figures will hold up under farther scrutiny.

___________________________________________
If old sock puppet read the linked artucle he would find the information is from US DOL. Bureau of Labor Statistics.  http://www.bls.gov/news.release/empsit.nr0.htm

For those of the left, who don't keep up with the economic news, or, ostrich like, hide their heads in the sand (I'm being nice here), here are many more sources:

 

 

http://news.investors.com/ibd-...-postwar-history.htm

http://www.huffingtonpost.com/...-weak_n_1783065.html

http://www.becker-posner-blog....d-war-ii-becker.html

http://www.torontosun.com/2012...st-since-wwii-report

http://www.knoxnews.com/news/2...?comments_id=2307769

I fully expect that Crash and others of the left will deny reality, as usual.  A few will blame Bush for Obama's failed policies. 

 

 

 http://www.pewresearch.org/fac...ruman-was-president/

pew study

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