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Rising U.S. economy could help Democrats stave off election loss
Reuters ^ | May 12, 2014 | BY RICHARD COWAN

Posted on 05/12/2014 3:31:38 AM PDT by Oldeconomybuyer

Here's a riddle: Many Republicans deny it's happening. Some Democrats don't want to talk about it. What is it?

The answer is the growing U.S. economy, on pace to expand as much as 3.5 percent this year, about the best performance in the industrialized world. Unemployment has fallen from 10 percent to about 6.3 percent and consumer confidence is at a six-year high.

Better economic data could help persuade voters in November to look past President Barack Obama's weak approval ratings and his unpopular healthcare law and give Democrats enough lift to hold onto the Senate and limit their losses in the House, political strategists said.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: 2014issues; 2014midterms; bho44; bhoeconomy; failure; journalism; obamanomics; socialism
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0.1%
1 posted on 05/12/2014 3:31:38 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Do these operatives at Reuters even talk to each other anymore after reading their morning White House Fax talking point memos?

Here, this dweeb is foretelling 3.5% growth and last week, the other dweeb was forced to acknowledge a 0.5% minus growth in 1st quarter GDP for 2014.

http://www.reuters.com/article/2014/05/06/us-usa-economy-idUSBREA450GW20140506

They aren’t even policing their own lies any more. Just straight off-the-fax BS.


2 posted on 05/12/2014 3:37:48 AM PDT by Gaffer
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To: Oldeconomybuyer

If the economy was growing and the democrats didn’t want to talk about it, than I would guess that the growth was a consequence of some part of the economy that the democrats had been trying to kill.


3 posted on 05/12/2014 3:38:36 AM PDT by clearcarbon
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To: All

too bad it’s not rising.


4 posted on 05/12/2014 3:41:53 AM PDT by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: Oldeconomybuyer
O! The economy is GROWING!

The price for food is PLUMMETING! Energy costs are getting CHEAPER! Wages are UP! So many hours of overtime, TOO MANY TO TAKE! Health care costs are almost NOTHING now, and there are SO MANY jobs!


5 posted on 05/12/2014 3:42:13 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: Oldeconomybuyer

The Propaganda Ministry seems to be phoning it in, lately.


6 posted on 05/12/2014 3:42:59 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: clearcarbon

If it is happening, it’s happening in spite of instead of because of any action being taken by this administration. Just imagine how it might be growing if the almighty one hadn’t put so many obstacles in the way,


7 posted on 05/12/2014 3:43:07 AM PDT by Real Cynic No More (Border Fence Obamacare!)
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To: Oldeconomybuyer

Here we go again, folks - straight from the 2012 playbook. “Don’t believe your lying eyes - the economy is improving”; soon to be followed by “Republicans want to impregnate women against their will and force them to bear children”, “Republicans will put black people back in chains”, “Republicans hate Hispanics and want them all deported”, and of course, “Republicans are white devils”....


8 posted on 05/12/2014 3:43:44 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Oldeconomybuyer

the national media has gone all Orwellian, all the time
unbelievable

we used to feel appalled at the propaganda fed to the people in the USSR, Albania, East Germany and North Korea,

now I swear those countries have sent advisors to help obamas handlers manage the US media

now I think I’ll go read the latest obamacare puff piece in Forbes


9 posted on 05/12/2014 3:43:58 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: Oldeconomybuyer

Just because the MSM says its so doesn’t mean it’s the truth, especially if you look at the reported findings in context. The MSM has succeeded in becoming the most untrustworthy source for truthful and unbiased news. The truth is no longer in them; they’ve become the propaganda directorate of FedGov.


10 posted on 05/12/2014 3:45:49 AM PDT by jsanders2001
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To: Real Cynic No More

“If it is happening, it’s happening in spite of instead of because of any action being taken by this administration. Just imagine how it might be growing if the almighty one hadn’t put so many obstacles in the way,”

This isn’t 1996, where BJ Clinton can point to Bush I’s accomplishments and claim credit. If there is any improvement, most of the country hasn’t seen it; in the pockets where it exists, it is directly as a result of Republicans lowering taxes.


11 posted on 05/12/2014 3:46:05 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: silverleaf
the national media has gone all Orwellian, all the time unbelievable we used to feel appalled at the propaganda fed to the people in the USSR, Albania, East Germany and North Korea,

Right. We are fed PURE propaganda. PURE 'George Orwell'. NO difference between our Propaganda Ministry, and the old Soviet Union machine.

Not a lick of difference.

Well, strike that: Their propaganda was in Russian, ours is not.

12 posted on 05/12/2014 3:46:16 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: Oldeconomybuyer

try -0.8%


13 posted on 05/12/2014 3:46:50 AM PDT by Perdogg (Ted Cruz-Rand Paul 2016)
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To: Oldeconomybuyer
Unemployment has fallen from 10 percent to about 6.3 percent and consumer confidence is at a six-year high.

Really? cut off unemployment benefits and see the actual rate. Many people on the benefits aren't looking for work and thus not counted.

I have 2 relatives laid off in the last month. One a 10 yr. employee. The other a 28 year.

14 posted on 05/12/2014 3:46:51 AM PDT by Vinnie
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To: Oldeconomybuyer

Milk was $7 a gallon this week.


15 posted on 05/12/2014 3:47:06 AM PDT by FatherofFive (Islam is evil and must be eradicated)
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To: jsanders2001
Just because the MSM says its so doesn’t mean it’s the truth

Actually, it's the inverse, now. If the MSM says something is so, it is most decidedly, NOT.

16 posted on 05/12/2014 3:47:13 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: FatherofFive
Milk was $7 a gallon this week.

See how much cheaper it is! Stop complaining, товарищ!


17 posted on 05/12/2014 3:50:23 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: Lazamataz

> Actually, it’s the inverse, now. If the MSM says something is so, it is most decidedly, NOT.

Sad but seems to be true. Guess we’ll have to get our news from overseas sources since they seem to report things we don’t hear from the U.S. MSM....: )


18 posted on 05/12/2014 3:50:56 AM PDT by jsanders2001
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To: Lazamataz

“Right. We are fed PURE propaganda. PURE ‘George Orwell’. NO difference between our Propaganda Ministry, and the old Soviet Union machine. Not a lick of difference. Well, strike that: Their propaganda was in Russian, ours is not.”

I personally find it terrifying that we now live in a country where this has become standard news. The outright dishonesty to influence behavior (including racial violence), the use of the IRS or other law enforcement arms to stifle opposition, the surveillance used to spy on us (but not the Tsarnev brothers plotting the Boston Marathon Jihad)...terrifying.


19 posted on 05/12/2014 3:55:19 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Vinnie

Yeah I know a lot of people that have lost their jobs this past year many long time employees because of Obamacare. If the media reports wages are up they need to note that the price of everything has risen substantially and that the wage increase is actually a decrease in buying power because of inflation. Think we’ll ever ear that side of the story? Don’t hold your breath...


20 posted on 05/12/2014 3:56:22 AM PDT by jsanders2001
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To: jsanders2001

“Just because the MSM says its so doesn’t mean it’s the truth, especially if you look at the reported findings in context.”

When the MSM says anything, 1) you can assume it isn’t true, and 2) you have to decipher what they are attempting to accomplish with it.


21 posted on 05/12/2014 3:57:00 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Lazamataz
"Well, strike that: Their propaganda was in Russian, ours is not."

Actually, Radio Moscow use to broadcast Russian propaganda to North America in English. If you've forgotten what it was like just tune in to a few National Public Radio news broadcasts to refresh your memory.
22 posted on 05/12/2014 3:59:02 AM PDT by clearcarbon
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To: Oldeconomybuyer

Rising U.S. economy could help Democrats stave off election loss
_____________________________________________________________

Wishful thinking.


23 posted on 05/12/2014 3:59:10 AM PDT by The_Media_never_lie (The media must be defeated any way it can be done.)
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To: Oldeconomybuyer
0.1%

And it's only that good because of massively increased spending on health care insurance caused by Obamacare.

24 posted on 05/12/2014 4:00:10 AM PDT by Fresh Wind (The last remnants of the Old Republic have been swept away.)
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To: Oldeconomybuyer

They probably under reported so they can report a snap back right before the election. They are sending out the message early to their minions, “Don’t worry, when the time comes we will lie—again—big time. Get ready to jump back on the bandwagon and save our fellow commie RATS.”

This administration is never runs out of lies.


25 posted on 05/12/2014 4:05:35 AM PDT by SC_Pete
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To: jsanders2001

Try to post a comment to the original source. I suspect they are blocking comments.

I would not put it past the WH to place stories with outlets who do not use disqus.


26 posted on 05/12/2014 4:07:17 AM PDT by First Authority
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To: Oldeconomybuyer

The author of this article is taunting us with his reckless drug use. His supplier must be the CIA.


27 posted on 05/12/2014 4:10:10 AM PDT by Artie (We are surrounded by MORONS)
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To: Oldeconomybuyer

Horse crap.
“Improving economy”?
If you look at the percentage of folks who’ve stopped looking cause there ain’t no jobs you understand this economy sucks,
Just more LIES from obammy and company


28 posted on 05/12/2014 4:14:15 AM PDT by Joe Boucher ((FUBO) obammy lied and lied and lied)
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To: Oldeconomybuyer

I see more economic activity where I am...... The Federal Reserve has been fast n furiously pumping money into it for five years. What do you expect?

This is another Federal Reserve bubble. Not a genuine organic healthy increase in economic activity


29 posted on 05/12/2014 4:14:48 AM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: Oldeconomybuyer

Whistling past the graveyard.


30 posted on 05/12/2014 4:20:41 AM PDT by themidnightskulker
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To: Oldeconomybuyer

0.1% GDP.
Lowest labor force participation rate since 1978.
Record gas prices.
Record food stamps.
Record long term unemployment.

Yep. Improving economy.


31 posted on 05/12/2014 4:20:43 AM PDT by nhwingut (This tagline is for lease)
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To: Oldeconomybuyer

If ifs and buts were candy and nuts, we’d all have a Merry Christmas (and the Democrats would avoid an election blowout in November).


32 posted on 05/12/2014 4:21:37 AM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: Gaffer

“They aren’t even policing their own lies any more.”

If they keep repeating the lies, they will become the truth
and affect election outcomes.

Progressive spinning never stops.

IMHO


33 posted on 05/12/2014 4:28:45 AM PDT by ripley
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To: Oldeconomybuyer

In 1992 James Carville orchestrated a brilliant spin campaign about an improving economy to help Bill Clinton defeat George H.W. Bush. Through talking points and media spin an economic recovery was positioned as the worst economy since the Great Depression. George H.W. Bush’s team was unable to defend itself.

Fast forward to the 2012 election. For some reason Mitt Romney and his handlers failed to pound home the economic message in a truly abysmal economy. Now we are in 2014 with more working age Americans unemployed than at any time in our history, food, health care and energy costs skyrocketing under Democrat policies, low interest rates crushing the savings of the elderly, large numbers of Americans shifted from full time to insecure part time employment, and entire industries under assault by regulatory authors.

Where is the Republican drumbeat about the worst economy since the Great Depression? Silence. It is the perfect issue to resonate with millions of working Americans scared they will lose their jobs or they cannot make ends meet due to inflation. Instead of pouncing on the issue they are letting Obama control the economic issue through demands for an increase in the minimum wage as well as false claims his policies have created 9 million jobs.

A unified party, pounding the ruling party for its abysmal economic performance as well as the healthcare debacle should win in a walk. However, the Republican establishment has no message and seems determined to let the ruling party control the conversation. Unless the Republicans come up with a message and communications strategy 2014 will be another lost opportunity, like 2012.


34 posted on 05/12/2014 4:29:29 AM PDT by Soul of the South (Yesterday is gone. Today will be what we make of it.)
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To: Vinnie

“Really? cut off unemployment benefits and see the actual rate. Many people on the benefits aren’t looking for work and thus not counted.”

Exactly. The U-6 unemployment measure (the way it used to be counted) is over 15%.

The other misleading thing that’s often not considered is that most of the “new jobs” are the minimum wage McDonald’s type, and often not even full-time.

I think most folk are seeing through the lies by now...they’re out there seeing it firsthand every day, despite whatever BS the media is selling.

(It’s also pretty funny that among young adults, trust in government is at an all-time low. The only thing that’s lower is their trust in traditional media.)

“I have 2 relatives laid off in the last month. One a 10 yr. employee. The other a 28 year.’

Good luck with that. it’s a tough environment out there, particularly for seasoned workers.


35 posted on 05/12/2014 4:29:31 AM PDT by PreciousLiberty
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To: nhwingut

but......

You miss the point.

with
Record gas prices.
Record food stamps.
Record long term unemployment.

The curves of the things you noted are peaked. Any decline from the peak is indicative of Happy Times Are Here Again.......

We will hear nothing but trumpets of joy heralding the declines from the max. The declines will be bogus, but those that want to believe in Happy times will .

The lies will continue..... tenfold


36 posted on 05/12/2014 4:31:23 AM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: ripley

The equivalent of a two-year old with chocolate all over her face saying she didn’t eat that candy.


37 posted on 05/12/2014 4:31:43 AM PDT by Gaffer
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To: Soul of the South

“A unified party, pounding the ruling party for its abysmal economic performance as well as the healthcare debacle should win in a walk. However, the Republican establishment has no message and seems determined to let the ruling party control the conversation. Unless the Republicans come up with a message and communications strategy 2014 will be another lost opportunity, like 2012.”

An excellent and perceptive post. The Republicans can’t even seem to attack on the lack of full-time work due to 0care and its 30 hour minimum.

We need a giant infusion of energy from the Tea Party. The Establishment Republicans can take a hike.


38 posted on 05/12/2014 4:33:42 AM PDT by PreciousLiberty
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To: Oldeconomybuyer

hasn’t the +0.1 revised to -0.3?

when 0failure took office, we had 142m tax filers. today, we’ve got 132m and more people

when 0failure took office, the average household income was $55k. today, it’s around $43k and everything has doubled in price (effectively reducing the $43k to $21.5k)

there is no measurement that can show improvement at any level

as a country, we’ve all moved quite a bit closer to detroit


39 posted on 05/12/2014 4:44:12 AM PDT by sten (fighting tyranny never goes out of style)
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To: Oldeconomybuyer

What is the matter with the people on this site?

The economy IS growing, and by a lot more than .1%. Maybe something like 2% this year.

Proof? Simple. Actual, collected withholding and income taxes are up about 7% year-over-year. Fact. Withholding taxes aren’t paid over to the feds unless they have to be because the employment and the associated withholding took place. Don’t believe it? See the daily Treasury reports.

Why is that? Because the underlying U.S. economy is so strong and resilient that it can resist and overcome even the worst that the sh!tbags in the jug-ears administration can throw at it. And they’ve thrown an amazing amount of crap at it in the last 5 years.

The DJIA just made a new all-time high. Why? The market is discounting the wholesale slaughter of Democrats in November and a probable Republican win in 2016. The pain of what will be 8 years of BS from jug-ears is slowly coming to an end and it’s starting to become obvious.

Will a semi-decent economy, still recovering at a pitiful rate relative to what it should be benefit Democrats in November? Not a chance.

Joe 6-pack understands that he’s not better off. Capital investment sucks, new business creation sucks, job creation consists mostly of relatively low-pay jobs, and unemployment is down only because people have left the labor force. People are sick and tired of 5 years of failed liberal crapola.

The era of BS is about to end and the market is saying so. Reality is that the 2% growth economy will improve once it’s clear that jug-ears has been totally neutered in November.

But, that’s no reason to deny that this economy is currently expanding and has been for years — even though it’s at half the rate (or less) than it should be. Our economy is capable of withstanding much more than one passing totally clueless moron in the White House.


40 posted on 05/12/2014 4:45:07 AM PDT by AntiScumbag
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To: Oldeconomybuyer

92 million Americans are jobless.
This article is whistling past the graveyard...


41 posted on 05/12/2014 4:53:12 AM PDT by Eric in the Ozarks (Rip it out by the roots.)
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To: clearcarbon

One of our modern tragedies is that you get better reporting on the Benghazi situation, economics and political scandals from Pravda and Al Jazeera than NBC, CBS, etc.


42 posted on 05/12/2014 4:58:29 AM PDT by tbw2
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To: AntiScumbag
The economy IS growing, and by a lot more than .1%. Maybe something like 2% this year.

By what measure? GDP? GDP is a meaningless made up number that is rigged to always overstate the growth of the economy.

43 posted on 05/12/2014 5:03:17 AM PDT by Orangedog (An optimist is someone who tells you to 'cheer up' when things are going his way)
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To: Oldeconomybuyer

What BS...


44 posted on 05/12/2014 5:04:50 AM PDT by ExCTCitizen (I'm ExCTCitizen and I approve this reply. If it does offend Libs, I'm NOT sorry...)
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To: AntiScumbag
But, that’s no reason to deny that this economy is currently expanding and has been for years

Yes, it is expanding!

Provided, of course, you define 'expanding' as extremely higher inflation, with no salary increases to offset it; many new part-time jobs with an equivalent loss of full-time jobs; and a stock market that is higher because the dollar is devaluing. WHOO HOO! PARTY TIME!

45 posted on 05/12/2014 5:08:41 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: Gaffer

“The equivalent of a two-year old with chocolate all over her face saying she didn’t eat that candy.”

They’re more like obnoxious, fifteen-year old, adolescent junior-high-schoolers.

IMHO


46 posted on 05/12/2014 5:10:04 AM PDT by ripley
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To: Oldeconomybuyer

The rising economy is only happening to the richest counties in the US that surround the District of Criminals.


47 posted on 05/12/2014 5:10:10 AM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: Oldeconomybuyer

Gaslightin pure and simple. When millions more are shifted to disability from unemployment an dropped from unemployment counts then we will really have good numbers.


48 posted on 05/12/2014 5:10:45 AM PDT by Organic Panic
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To: Oldeconomybuyer
Mr. Cowan is whistling past the grave yard.

5.56mm

49 posted on 05/12/2014 5:11:43 AM PDT by M Kehoe
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To: AntiScumbag
Proof? Simple. Actual, collected withholding and income taxes are up about 7% year-over-year.

Yeah, but...the rate on the so called wealthy (over 250k) is way up. As is inflation thanks to massive government printing. Let's see if the collections are up next year as well.

On the bright side, corn prices are expected to keep dropping which means our gas will be cheaper when we have to buy more of it because of all the ethanol they're putting in the pump.

50 posted on 05/12/2014 5:13:00 AM PDT by old and tired
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