12thMan
02-03-2012, 04:24 PM
Nasdaq at highest since December 2000. Encouraging news as the economy continues to mend.
News from The Associated Press (http://hosted.ap.org/dynamic/stories/U/US_WALL_STREET?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-02-03-16-13-47)
And...
Before the market opened, the Labor Department said companies hired 243,000 employees in January. That's the strongest job growth in nine months. The increase in hiring pushed the unemployment rate down to 8.3 percent.
saden1
02-03-2012, 06:14 PM
Plus, the fact that the 2012 budget deficit has decrease by 200 billion compared to last year and you got really bad news for the GOP candidate. Well see if they can pin him as America's Captain Scatino.
dmek25
02-04-2012, 07:09 AM
and that is a wrap...all you haters get ready for 4 more years
12thMan
02-04-2012, 09:36 AM
No guarantees in politics, but the Dow and the economy are doing well for now. I think whatever happens in Europe will be the focus going forward.
Let's just keep our fingers crossed on all fronts.
GMScud
02-04-2012, 10:35 AM
No guarantees in politics, but the Dow and the economy are doing well for now. I think whatever happens in Europe will be the focus going forward.
Let's just keep our fingers crossed on all fronts.
Yeah politics aside, this is great news. And yes, fingers crossed.
GMScud
02-04-2012, 10:39 AM
Plus, the fact that the 2012 budget deficit has decrease by 200 billion compared to last year and you got really bad news for the GOP candidate. Well see if they can pin him as America's Captain Scatino.
Not sure I'd brag on that considering the total debt is over 15 trillion. But whatever.
saden1
02-04-2012, 10:57 AM
Not sure I'd brag on that considering the total debt is over 15 trillion. But whatever.
It doesn't reallt bother me as much as it does you guys and at the end of the day it would be around there no matter who is the president.
12thMan
02-04-2012, 11:51 AM
It doesn't reallt bother me as much as it does you guys and at the end of the day it would be around there no matter who is the president.
Cons favorite argument, Pres. Obama ran up record levels of debt.
SirClintonPortis
02-04-2012, 12:02 PM
FYI, the deficit and the debt are two distinct, separate concepts. The deficit refers the total amount spent minus the total amount taken in for a single fiscal year. The debt refers to the total amount of dough the government owes, from all previous years. The debt can be thought of as accumulated deficits.