Economy Improving, Bad News for Badnews and the EBoffo Virus

[vel]

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The Horror! The Horror!

Americans are growing more optimistic about the state of the economy and direction of the country, according to a new NBC News-Wall Street Journal poll out Wednesday evening, and President Obama is receiving better grades on his handling of the economy and job as a result.

More people said they believe the economy will get better (37 percent) in the next year rather than worse (17 percent). That’s the highest level in more than a year and a seven-point jump over last month. It also represents a reversal from October, when 32 percent of Americans said they expected the economy to get worse, versus 21 percent who expected improvement.

READ partial results of the NBC News-Wall Street Journal poll
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"The calendar says it’s the dead of winter, but for President Obama, these results must feel like the start of spring," said Democratic pollster Peter D. Hart, who conducted this survey with Republican pollster Bill McInturff.

The number of people who said the country is headed in the right direction, 30 percent, remains far lower than the 61 percent of U.S. adults who think it is off on the wrong track.

But the figures represent a change in trajectory; the number of Americans who said the country is on the right track is up eight points from last month, and 13 points from October.

And for the first time in six months, more people approve of the job the president is doing (48 percent) than disapprove (46 percent).

“The psychology about the economic conditions has switched,” Hart said. “The old saying is a rising tide lifts all boats then clearly, this economic optimism has clearly lifted Obama's ratings."

But Congress sees no boost from any emerging sense of optimism. Instead, its 13 percent approval rating remains near historic lows, while 80 percent disapprove of the way lawmakers are doing their job. That’s the same as it was the last time the question was asked in August.

The record low in the history of the poll was 12 percent, set in October 2008, right before that year’s elections.

“The president still has a very long road ahead of him,” Hart said, “but for the first time in a long time, he finds that he has the wind at his back. For the Congress, they are going into a headwind, and there is a need to prove themselves.”

The poll comes on the heels of three straight months of positive economic data, including an unemployment rate that has dropped below 9 percent for the first time in more than two years and job growth that has exceeded expectations.

It serves as a warning to Republican running for president, said McInturff, the Republican pollster.

“Republicans had better bring their A-game to the election in November,” he said, “as today's results are a reminder -- as attitudes about the economy improve, so does President Obama's standing.”

[Case_Closed]

Your "facts" are inventions and your deluded mind believes them.

The economy is, in fact, not getting better, and, in fact, come June, the Shite is going to hit the fan with foreclosures.

You read it here first.

*Case Closed*

[Pepsi]

the economy is booming like its 1999 from my perspective.   stock market is doing great too.   sucks for republicans I know, another 4 years of "Obama's failed policies"

[vel]

Your "facts" are inventions and your deluded mind believes them.

The economy is, in fact, not getting better, and, in fact, come June, the Shite is going to hit the fan with foreclosures.

You read it here first.

*Case Closed*

Your traitorous mind doesn't want to acknowledge the facts.

[dustup]

Obama benefits from growing economic optimism......"optimism" is the key word......not in reality.......the plenitude principle applies........optimism is often trumped by pragmatism........

Blame 'Faulty' Frontal Lobe Function for Undying Optimism in Face of Reality

[Case_Closed]

Look, I'm sorry.  I have my thumb on the pulse of the economy.  I don't care what you people are being told by your elected representatives...THE ECONOMY IS NOT IMPROVING.

Stop thinking this.  It's not true.

[vel]

Look, I'm sorry.  I have my thumb on the pulse of the economy.  I don't care what you people are being told by your elected representatives...THE ECONOMY IS NOT IMPROVING.

Stop thinking this.  It's not true.

The consensus of economists who, unlike you, know what they're talking about say that the economy is moving toward a sustainable recovery.

Perhaps more impressive are companies like Caterpillar and Union Pacific who are gearing up for the increased demand.

Further, if you actually did know what you were talking about you would know that it's really all about expectations. Positive expectations are, in effect, free stimulus.

Or maybe you do know that and you want us to "Stop this thinking" because you're a traitor trying to undermine our prosperity?

[Case_Closed]

The consensus of economists who, unlike you, know what they're talking about say that the economy is moving toward a sustainable recovery.

My sister lost a $250,000 per year client today.

[vel]

My sister lost a $250,000 per year client today.

That could mean a lot of things, some of which aren't all that favorable to your sister.

In terms of a $15 trillion economy, $250,000 doesn't mean anything.

[johnhp]

My sister lost a $250,000 per year client today.

That is a lot of windshield washing.

[vel]

That is a lot of windshield washing.

I was teetering on something a tad nastier, but discretion is the better part of valor.

[Case_Closed]

That could mean a lot of things, some of which aren't all that favorable to your sister.

In terms of a $15 trillion economy, $250,000 doesn't mean anything.

Why do you insist on calling a $15 Trillion deficit an "economy?"

[vel]

Why do you insist on calling a $15 Trillion deficit an "economy?"

Because I'm not a traitor, like you. I believe in our nation. We are still by far the richest nation on earth.

Read it and weep.

[Case_Closed]

We are still by far the richest nation on earth.

Read it and weep.

I thought it was the people who don't owe shit are the ones who are rich?  You know...like China.

[vel]

I thought it was the people who don't owe shit are the ones who are rich?  You know...like China.

Actually China is still a poor country and it has a long way to go.

You're very confused.