Business Insider: Manufacturers planning for MASSIVE Increases in Cap Spending

Your point being?

U.S. GDP has increased by 4.26% from 2007 to 2010, according to data compiled by the U.S. Bureau of Economic Analysis. In the same period of time, the U.S. national debt has increased by 61.6%, according to the U.S. Treasury. Looking at these numbers, you don't need to be an economist to see that something is very, very wrong.

Agreed, but its not the fucking apocalypse that the crashtards are proclaiming!!

Problem is Zazz can't see....

OP, when the international economy vaporizes from an approaching enormous wall of searing hot doom, that is the American debt, and you are crying like a little girl, starving, dehydrating, and eating the flesh of your dead loved ones... I want you to remember this phrase: ignorance is not bliss. Hopefully you will survive the coming massive doom and destruction, and put it to good use when applicable, if so.

Banks arent lending-so this must be a "feel good" pump monkey MSM story first ive read of it-can "massive spend" if you dont have credit from banks

Maybe its time to wean yourself off the Ritalin, it must be giving you psychotic flashes.

I'd say one trait of an idiot is not knowing the difference between it's and its...

Another trait would be pretending to know things about subjects they obviously have no clue about.

You seem to exhibit both of these traits.

Sorry was typing a bit fast, so for that comment you get a nice big PFFT

Go away if I upset you, troll

Persecution complex. You aren't angering people with your message, you aren't making people mad with your dramatic insight. People, a lot of them, are trying to educate you.

Why would I put stock in "education" from a bunch of people who, for the last 4 years, have collectively predicted doom and gloom while the exact opposite has occurred?

My point being, if there is no concern over the enormous spending, most of which is coming from borrowing because GDP is so low, when interest rates increase an apocolypse could appear from nowhere.

Could also be because inflation is really taking off and the old dollar just doesn't buy as much as it used to.

We've had that problem for 100 years.

Clueless people really don't upset me. I pity them more than get angry so it's all good little fella.

You would learn what the global market actually is. All the different factors that affect everything else. Long term projections, figures, statistics that have a whole hell of a lot to do with the market, testimonies, interviews with people who are in charge of the market and large amounts of money within it.

You just want to post that the DJI is green and set to reach _____ number ignoring unemployment, inflation, deflation, economic forecasts or any number of things. The only reason anyone would be mad at you is your view on things being so willfully ignorant to border on the line of farcical. That's why I call you a paid shill, it's hard to believe someone can be so stupid, i figured a good explanation was that you were paid and not actually that stupid.

What world have you been paying attention to? If you say earth, I pity you even more for not actually being able to pay attention.

Here is an analogy for the way you are acting zazz.


You are in a ship. The ship is sinking, you are in one of the larger compartments and standing on a table screaming in peoples faces that because there is no water in your particular compartment the ship is in perfect condition.

People are coming over the loud speaker telling everyone what is happening, you aren't understanding it much less even listening to it, and are insulting everyone else in the room who doesn't think that the ship is perfectly fine while sounds of rushing water are heard through the walls.

Nobody is even talking about how far the ship is going to sink or if it can be salvaged after minimal damage, just your inability to grasp the situation.

The argument in your compartment is that from a fundamental, basic, common sense level that a child could comprehend you don't understand cause and effect relationships and are standing on a table screaming out an incredibly stupid viewpoint, so stupid that people that have no opinion on the ship sinking begin to argue with you.

Thanks for the re-pin!!!





All the doomtard intelligencia are stark raving mad now!!!!

Stark raving...just what is that?

The Federal Government borrowed and spent $6.1 trillion to get $700 billion in total GDP "growth" from 2008-2011. In constant dollars, there was no growth at all.
The Federal government borrowed and spent $6.1 trillion over the past four years to generate a cumulative $700 billion increase in the nation's GDP. That means we've borrowed and spent $8.70 for every $1 of nominal "growth" in GDP.

In constant dollars, GDP is flat: we got no growth at all for our $6.1 trillion: zip, zero, nada. In constant dollars, the GDP in 2011 might return to the 2007 level, if the economy continues "growing" at the same pace reached in the first three months of 2011. If not, then the GDP will actually be lower than pre-recession levels.

If you borrowed $8 to get $1 in your pocket, would that strike you as a good deal? How long do you reckon you could borrow $8 to get $1 of "growth" in your finances?

They may be spending more, but are they hiring? Was it not just Coca Cola (EDIT - it was Pepsi) that said they are laying off 1,600 folks, but would spend more on advertising?

It is like killing Peter to pay Paul. Or better said perhaps, like killing Peter and Paul to pay outsourced companies.

Jobs, jobs, jobs is what will set us on solid financial ground again.

Last Edited by 2012Portal on 02/15/2012 05:16 PM

They are laying off 1600 advertising people? I don't understand, that doesn't make sense

I'm already skeptical of this "survey". The source is smelly.

The origin of this survey - "Empire State Manufacturing Survey"...

"A monthly survey of economic conditions in New York State published by the New York Fed".

Read more: [link to www.businessinsider.com]

From Wikipedia - concerning "Business Insider"... And this is just scratching the surface. This is why I will never believe a word the "MSM" says about anything concerning the economy.

Concerning the Business Insider site editors:

The site editors vary greatly in background. Henry Blodget is the CEO and Editor-In-Chief, a Yale graduate who previously worked on Wall Street before being barred from the securities industry after a conviction for securities fraud.[8] Senior writer Dan Frommer is a Northwestern graduate who joined from Forbes. Deputy editor Joe Weisenthal has worked as an analyst and writer for a series of dotcoms. Deputy editor Nicholas Carlson previously worked at Internet.com and Gawker Media's Silicon Valley gossip blog, Valleywag.com


TeCh®

Mark my word, this economy will be more juiced than Barry Bonds by November. Obama's re-election is a done deal.

I'm marking your word, indeed, as FAIL.

You shall see.


TeCh®

American Comeback baby!!!!

FAIL, most EPIC fail.




TeCh®