Posted on 02/14/2014 3:17:55 PM PST by Red in Blue PA
WASHINGTON (Reuters) - U.S. manufacturing output unexpectedly fell in January, recording its biggest drop in more than 4-1/2 years, as cold weather disrupted production in the latest indication the economy got off to a weak start this year.
Though consumer sentiment was steady in early February, there are worries the persistent and widespread harsh weather could dampen the morale of households, whose budgets are being stretched by soaring heating bills.
"The big question is whether the U.S. economy is slowing significantly or whether it is merely going through a soft patch caused by extreme weather. The evidence points to the latter," said Chris Williamson, chief economist at Markit in London.
(Excerpt) Read more at finance.yahoo.com ...
more MSM “gorebull” BS.
Do these fools even realize how stupid they sound? I had to double check to make sure this wasn't satire.
Yes they do, actually, what's more they don't seem to care either.
I believe that many employers understand that if you take advantage of your employees when times are lean, as soon as the employment picture changes you loose all of your best people. My experience is that quality employees are worth much more than good employers are willing to gamble with. Of course, none of this hold true in a union environment.
Good observation and I love your tagline.
I once asked one of the UAW folks I unfortunately had to work with every day “why do you guys who make over 100 grand a year support Democrats who take half your money in taxes?”.
The reply was “without Democrats I’d make minimum wage”
The unions do a fine job of brainwashing of their members.
I’m long retired now, but wonder in the age of the internet if any of the members are more curious?
May John Belushi rest in peace.
And the commies die in hell!
And yet the stock market is in full Bull mode again after it began a much-needed “correction”. Regular Bizzaro World is the stock market...
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