Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

What's making US economy a world beater? 5 factors(How about those rising prices and taxes?)
AOL news ^ | Jul 5th 2014 | PAUL WISEMAN

Posted on 07/05/2014 9:49:57 PM PDT by sickoflibs

How does the U.S. economy do it?

Europe is floundering. China faces slower growth. Japan is struggling to sustain tentative gains.

Yet the U.S. job market is humming, and the pace of economic growth is steadily rising. Five full years after a devastating recession officially ended, the economy is finally showing the vigor that Americans have long awaited.

Last month, employers added 288,000 jobs and helped reduce the unemployment rate to 6.1 percent, the lowest since September 2008. June capped a five-month stretch of 200,000-plus job gains - the first in nearly 15 years.

After having shrunk at a 2.9 percent annual rate from January through March - largely because of a brutal winter - the U.S. economy is expected to grow at a healthy 3 percent pace the rest of the year.

Here are five reasons the United States is outpacing other major economies:

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


TOPICS: Business/Economy; Foreign Affairs; Government; Japan; News/Current Events
KEYWORDS: china; economy; europeanunion; fed; inflation; japan; jobs
Standard slide pics
What's making US economy a world beater? 5 factors

I see more and more beggars here at the different malls and strip malls here in Maryland every day. They usually say something like :
"Out of a job and about to be evicted with three kids. Please help and God bless"

Things are pretty expensive here to be out of a job.

1 posted on 07/05/2014 9:49:57 PM PDT by sickoflibs
[ Post Reply | Private Reply | View Replies]

To: Gilbo_3; Impy; NFHale; GOPsterinMA; BillyBoy; fieldmarshaldj; Perdogg; Liz

Happy days are here again.

No wonder the immigrants are flocking here, all that $$$ just lying in the street,
We need new immigrants to pick it up since Americans obviously won’t.


2 posted on 07/05/2014 9:52:44 PM PDT by sickoflibs (King Obama : 'The debate is over. The time for talk is over. Just follow my commands you serfs""')
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

nothing but lies and pure CRAPAGANDA.


3 posted on 07/05/2014 9:53:59 PM PDT by kingattax (a real American would rather die on his feet than live on his knees.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

The comments after the AOL article show that people aren’t falling for this propaganda.


4 posted on 07/05/2014 9:54:41 PM PDT by laplata (Liberals don't get it .... their minds are diseased.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs
BammyCare encouraging part time work.

Better welfare payoffs encouraging dropping out.

Killing energy related businesses

Higher taxation

Higher number of 'tarded regulations

Supporting the Muzzie Broz.

5 posted on 07/05/2014 10:01:12 PM PDT by Paladin2
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

6 posted on 07/05/2014 10:01:15 PM PDT by 2ndDivisionVet (The most dangerous man to any government is the man who is able to think things out for himself.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: laplata
RE:”The comments after the AOL article show that people aren’t falling for this propaganda.”

Great point,
we have to click on the comments tab top see them.

7 posted on 07/05/2014 10:02:29 PM PDT by sickoflibs (King Obama : 'The debate is over. The time for talk is over. Just follow my commands you serfs""')
[ Post Reply | Private Reply | To 4 | View Replies]

To: sickoflibs

Who do they think are fooling this time?


8 posted on 07/05/2014 10:15:46 PM PDT by GeronL (Vote for Conservatives not for Republicans)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs; All

The economics paper “Barrons” has an interesting graph this week showing a steady drop in employment of men age 25 to 54 from 1954 to 2014, from 97% to 88%.


9 posted on 07/05/2014 10:17:34 PM PDT by gleeaikin
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

Excluding Oil, The US Trade Deficit Has Never Been Worse
http://www.zerohedge.com/news/2014-07-04/excluding-oil-us-trade-deficit-has-never-been-worse


10 posted on 07/05/2014 10:23:51 PM PDT by Nachum (Obamacare: It's. The. Flaw.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

Things must be really bad in Europe, China and Japan.


11 posted on 07/05/2014 10:28:01 PM PDT by clearcarbon
[ Post Reply | Private Reply | To 1 | View Replies]

To: kingattax

Anyone else remember CNN’s “Road to Recovery” theme they had going all of spring of 2009?


12 posted on 07/05/2014 10:57:17 PM PDT by MNDude
[ Post Reply | Private Reply | To 3 | View Replies]

To: sickoflibs

Looks like they’ve now scrubbed the comments.


13 posted on 07/05/2014 11:04:30 PM PDT by kaehurowing (FIGHT BULLYING, UNINSTALL FIREFOX)
[ Post Reply | Private Reply | To 7 | View Replies]

To: kaehurowing

Um, no: Comments are still there, as described.


14 posted on 07/05/2014 11:13:27 PM PDT by logi_cal869
[ Post Reply | Private Reply | To 13 | View Replies]

To: kaehurowing
RE:”Looks like they’ve now scrubbed the comments.”

No they are still there, says 998.

You have to click on the comments link to see them.

15 posted on 07/05/2014 11:16:30 PM PDT by sickoflibs (King Obama : 'The debate is over. The time for talk is over. Just follow my commands you serfs""')
[ Post Reply | Private Reply | To 13 | View Replies]

To: kingattax

Triple amen to that.


16 posted on 07/05/2014 11:31:20 PM PDT by saintgermaine
[ Post Reply | Private Reply | To 3 | View Replies]

To: sickoflibs

the economy is ‘humming’??

they announced last week we have 118m FULL-TIME jobs

in 2007, we had 155m

that’s a 24% drop in full-time jobs

24%

there isn’t anything ‘good’ about this economy


17 posted on 07/05/2014 11:37:12 PM PDT by sten (fighting tyranny never goes out of style)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

Our bureaucrats lie better?


18 posted on 07/05/2014 11:37:52 PM PDT by RightGeek (FUBO and the donkey you rode in on)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sten
Those numbers are amazingly disastrous. And I wonder what the increase of possible workers was. I am guessing that younger people getting out of high school and college was more than the number of people retiring. Especially as it seems that many are putting retirement off a few more years to weather this economy.
19 posted on 07/05/2014 11:49:10 PM PDT by 21twelve (http://www.freerepublic.com/focus/f-news/2185147/posts 2013 is 1933 REBORN)
[ Post Reply | Private Reply | To 17 | View Replies]

To: sickoflibs

It was over 110 today in Phoenix and I saw beggars on all 4 corners today at a few different intersections... You cant hardly stop at any convenience store without being asked for change any time of the day or night. One old guy I saw today was wobbling around, looking like he was going to pass out. In a short 5 mile trip over 20 of them out at intersections though... I thought the about same thing about the 3rd intersection, yeah it sure looks like our economy has recovered...


20 posted on 07/06/2014 12:20:20 AM PDT by AzNASCARfan
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

they lost about a half million full-time’jobs’and gained about 800,000 part-time’jobs.

this is success?

if it wasn’t summer and the season of part-time jobs, ...

the media, they just are shameful. whore-a-gandists. propawhores. you know what i mean.


21 posted on 07/06/2014 12:39:55 AM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs
Last month, employers added 288,000 jobs

last month..lost approx. 500k full time jobs gained approx 799k part time jobs...woo hoo !
22 posted on 07/06/2014 1:57:10 AM PDT by stylin19a (Obama ----> Fredo smart)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

This is about as Economic Stupid as trying to form the North American Union as the EU fails


23 posted on 07/06/2014 2:01:38 AM PDT by DisorderOnBorder (Haley Barbour gave me $15 to vote)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GeronL

“Who do they think are fooling this time?”

Potential mid-term voters.

It is downright creepy how these stories are thrown out there today; 10% of people will eat this nonsense up, because the TV said so...and they vote.


24 posted on 07/06/2014 2:57:45 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
[ Post Reply | Private Reply | To 8 | View Replies]

To: sickoflibs

One graph that shows the true state of the economy:

http://research.stlouisfed.org/fred2/series/M2V

The velocity of the M2 Money supply is in the toilet. The same place as our economy.


25 posted on 07/06/2014 3:10:35 AM PDT by gunsmithkat (There is no such thing as Too Many Guns)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

Europe is in toilet because of the euro. That was a stupid idea from the start.

Dozens of different countries sharing the same money supply?

That is a formula guaranteed to result in a bunch of bankrupt countries and one or two very rich ones.

It’s like a no limit poker game where one guy has $10,000 to start and everyone else has $250. The guy with 10k only has to have one good hand and the game is over.


26 posted on 07/06/2014 4:04:08 AM PDT by Beagle8U (Unions are an Affirmative Action program for Slackers! .)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

Q: Why is the US economy humming?

A: It doesn’t know the words!


27 posted on 07/06/2014 5:14:11 AM PDT by null and void (If Bill Clinton was the first black president, why isn't Barack Obama the first woman president?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sten

How about a thirty hour work week......

That is the unionist goal, to be like France


28 posted on 07/06/2014 5:27:18 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Obama is public enemy #1)
[ Post Reply | Private Reply | To 17 | View Replies]

To: sickoflibs
Yet the U.S. job market is humming, and the pace of economic growth is steadily rising.

Right, -3% GDP and a record number of people Unemployed/Underemployed = a humming economy. Only in a Libtard's dreams.

29 posted on 07/06/2014 5:29:11 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

Hey Wiseman, where is my Skittles pooping unicorn?

5.56mm


30 posted on 07/06/2014 5:32:11 AM PDT by M Kehoe
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

I just returned from a trip to Europe. My wife’s bag didn’t make it there.

We went to buy her a hairbrush in a Paris drugstore.

The price:

37 Euros ($50.30)!!!!!!!!!!

No idea how people survive there.


31 posted on 07/06/2014 5:43:35 AM PDT by sakic
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

I have not been able to fill my oil tank in 3 years. I go from 100.00 dollar load to load hoping my pipes won’t freeze if I run out. Lucky I have trees on my land so I can burn wood but at my age it’s tougher to cut , haul and split than 20 years ago. I was paying 1.75 a gallon when Bush was President now it’s 3.50 and more for fuel oil. Except if you live in section 8 housing and you get it free.


32 posted on 07/06/2014 5:44:15 AM PDT by ABN 505 (-)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs

288,000 TEMP jobs isn’t a gain it means full time jobs are lost.


33 posted on 07/06/2014 7:19:17 AM PDT by Vaduz
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paladin2

The largest drop in long term unemployment benefits. That’s why less people are being counted “looking for work”.


34 posted on 07/06/2014 7:19:28 AM PDT by Hotlanta Mike (‘You can avoid reality, but you can’t avoid the consequences of avoiding reality.’)
[ Post Reply | Private Reply | To 5 | View Replies]

To: AzNASCARfan

“It was over 110 today in Phoenix and I saw beggars on all 4 corners today”

I live in a neighborhood wherein a 4 bdrm house rents for 2200.00. When we put out a tv, airconditioner, hot water heater etc for the garbage truck it disappears in a matter of hours (sometimes minutes). On recycle day, just about dawn, I noticed a local couple driving down the street, stopping at each recycle container, and picking thru the contents.

Things are changing in America. Once the middle class had enough going for it to leave such activities to the poor.


35 posted on 07/06/2014 7:21:01 AM PDT by TalBlack (Evil doesn't have a day job.)
[ Post Reply | Private Reply | To 20 | View Replies]

To: sickoflibs
Yet the U.S. job market is humming

Sometimes I think I want what they're snorting, then I remember that a mind is a terrible thing to lose.

36 posted on 07/06/2014 7:25:02 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ABN 505
I have not been able to fill my oil tank in 3 years.

Get a good pellet stove like a Quadrafire or a Harmon. It will pay off in about two seasons.

37 posted on 07/06/2014 8:47:10 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
[ Post Reply | Private Reply | To 32 | View Replies]

To: bert

funny thing about the new minimum wage...

current: $7.25 * 40 hrs ==. $290

new minimum: $10.10 * 29 hrs == $292.90

same money, less hours. win-win for the mooching class


38 posted on 07/06/2014 1:07:35 PM PDT by sten (fighting tyranny never goes out of style)
[ Post Reply | Private Reply | To 28 | View Replies]

To: sten

Well well...... I had never made that calculation but I now know I was right for sure.

There is another reason for wage exscalation ( ghetto speak)..... to erase the costs of Obamacare.


39 posted on 07/06/2014 1:39:23 PM PDT by bert ((K.E. N.P. N.C. +12 ..... Obama is public enemy #1)
[ Post Reply | Private Reply | To 38 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson