Posted by: Freedom1 at October 27, 2006 07:19 PM
"I'll put this down to people feeling good about the economy, and happy that the GOP is likely to win next month."
You do that Mark. And I'll put it down to people being happy with the fact that the Dems are getting ready to take charge of the House.
Posted by: Aarontime at October 27, 2006 07:25 PM
Note how sly Aaron is.
Go two days ago and the Democrats were going to take over the UNIVERSE. Now it's just the House.
Aaron, you are so apparent in your hedging. Give it two more days and you'll be saying it's because America will have a chance to speak out, and then you'll add, regardless of the outcome.
Sad. Pathetic. Typical of you.
Posted by: wawilliyo at October 27, 2006 07:34 PM
Aaron,
Yeah, people are just chomping at the bit for a Democratic House...the Democrats are featuring Pelosi in their ads district by district, aren't they? The Democrats are letting conservative voters being wooed by allegedly conservative Democratic House candidates that regardless of how conservative he is, he's going to elevate leftwing kook Pelosi to the Speaker's Chair, right?
Posted by: Mark Noonan at October 28, 2006 03:31 AM
I'm surprised at the lack of kook trolls posting on how GDP growth was the lowest this quarter in a long time. They should be celebrating and calling it a recession. What gives?
Posted by: 1H8L1BS at October 28, 2006 05:05 AM
Mark,
What is your definition of a GOP win? Do you think the GOP will pick up seats or will you consider it a win, even if the GOP loses up to 14 house seats and 4 Senate seats?
Posted by: Brian at October 28, 2006 05:28 AM
Also from the Rasmuusen Index, 10-11-06 :
29% of Americans say the economy is headed
in the right direction, 53% say it's headed
in the wrong direction.
I'm sure that the Investor Class is what's
fueling that high index # you quoted. I'm
surprised that anybody has confidence, with
our Borrow & Spend Bush administration, but
the moneyed Investors have certainly been
rewarded.
Posted by: PukeOrDie at October 28, 2006 06:51 AM
1H8 (is it OK if I call you that?), I think the anemic 3rd quarter growth was one of those economic anomalies like the 4th quarter (I think) last year that just happen from time to time in a capitalistic society. The fact that corporate profits are still good would indicate a brief lull rather than a downward trend. I realize there are some, like Three More Years, who think it's all going to crash and burn early next year, but I'm going to be surprised -- no shocked, if that happens. Well, actually, it could if the Donks get control of Congress, but I don't think that's going to happen either.
The economic growth under Bush since 2002 has been pretty steady, generally in the range of 3% - 5%. Economic growth during Clinton's 2 terms was all over the place; lows of around 1% and highs of 7 or 8%, largely reflecting the Dot.Com phenomenon. I used to have a chart that showed this, but I'll be darned if I can find it.)
Addressing the topic of this thread, the Rasmussen numbers don't indicate to me a populace that wants a new economic direction. You can formulate election polls to pretty much show whatever you want, but, when it gets right down to the nitty-gritty of walking into the polling booth, I still think the average person votes their pocket book, and that generally doesn't bode well for Democrats when the economic numbers look as good as they currently do. If the DBM had been accurately reporting the health of the economy, I'd be looking for the GOP to pick up seats in each house. I guess we'll see a week from Tuesday.
Posted by: Retired Spook at October 28, 2006 10:23 AM
Spook, I think the number will be revised upwards anyway. I'm just shocked that the dumbed-down donks here haven't been on, openly celebrating less-than-great news about the economy.
And yes, call me what you wish; you can call me keefer if you want...
Posted by: 1H8L1BS at October 28, 2006 12:47 PM
And yes, call me what you wish; you can call me keefer if you want...
I was just jerkin' your chain, heh, heh; Did you get my 2 e-mails last week?
I wouldn't be surprised if the numbers are revised upward. After I posted my original comment, I went up and got the morning paper. On the front page was a chart showing GDP growth since mid 2003. Out of a total of 13 quarters, there were 2 that were higher than average (3rd qtr. '03 - approximately 7.5% and 1st qtr. '06 - approximately 5.7%) and two that were slightly below 2% (4th qtr. '05 and 3rd qtr. '06). The other 9 quarters were all between 2.8 and 4.2 -- just nice and steady.
Posted by: Retired Spook at October 28, 2006 01:30 PM
the most hilarious thing about consumer confidence indices, no matter where they come from? what do consumers really know? c'mon no matter what side of the aisle you're on....you have to admit that consumers are easily manipulated, are highly reactive and only remember what they heard last. so don't be surprised what happens next....whatever that might be!
Posted by: lenny at October 29, 2006 11:58 AM
YAY!
:)
"I'll put this down to people feeling good about the economy, and happy that the GOP is likely to win next month."
You do that Mark. And I'll put it down to people being happy with the fact that the Dems are getting ready to take charge of the House.
Note how sly Aaron is.
Go two days ago and the Democrats were going to take over the UNIVERSE. Now it's just the House.
Aaron, you are so apparent in your hedging. Give it two more days and you'll be saying it's because America will have a chance to speak out, and then you'll add, regardless of the outcome.
Sad. Pathetic. Typical of you.
Aaron,
Yeah, people are just chomping at the bit for a Democratic House...the Democrats are featuring Pelosi in their ads district by district, aren't they? The Democrats are letting conservative voters being wooed by allegedly conservative Democratic House candidates that regardless of how conservative he is, he's going to elevate leftwing kook Pelosi to the Speaker's Chair, right?
I'm surprised at the lack of kook trolls posting on how GDP growth was the lowest this quarter in a long time. They should be celebrating and calling it a recession. What gives?
Mark,
What is your definition of a GOP win? Do you think the GOP will pick up seats or will you consider it a win, even if the GOP loses up to 14 house seats and 4 Senate seats?
Also from the Rasmuusen Index, 10-11-06 :
29% of Americans say the economy is headed
in the right direction, 53% say it's headed
in the wrong direction.
I'm sure that the Investor Class is what's
fueling that high index # you quoted. I'm
surprised that anybody has confidence, with
our Borrow & Spend Bush administration, but
the moneyed Investors have certainly been
rewarded.
1H8 (is it OK if I call you that?), I think the anemic 3rd quarter growth was one of those economic anomalies like the 4th quarter (I think) last year that just happen from time to time in a capitalistic society. The fact that corporate profits are still good would indicate a brief lull rather than a downward trend. I realize there are some, like Three More Years, who think it's all going to crash and burn early next year, but I'm going to be surprised -- no shocked, if that happens. Well, actually, it could if the Donks get control of Congress, but I don't think that's going to happen either.
The economic growth under Bush since 2002 has been pretty steady, generally in the range of 3% - 5%. Economic growth during Clinton's 2 terms was all over the place; lows of around 1% and highs of 7 or 8%, largely reflecting the Dot.Com phenomenon. I used to have a chart that showed this, but I'll be darned if I can find it.)
Addressing the topic of this thread, the Rasmussen numbers don't indicate to me a populace that wants a new economic direction. You can formulate election polls to pretty much show whatever you want, but, when it gets right down to the nitty-gritty of walking into the polling booth, I still think the average person votes their pocket book, and that generally doesn't bode well for Democrats when the economic numbers look as good as they currently do. If the DBM had been accurately reporting the health of the economy, I'd be looking for the GOP to pick up seats in each house. I guess we'll see a week from Tuesday.
Spook, I think the number will be revised upwards anyway. I'm just shocked that the dumbed-down donks here haven't been on, openly celebrating less-than-great news about the economy.
And yes, call me what you wish; you can call me keefer if you want...
And yes, call me what you wish; you can call me keefer if you want...
I was just jerkin' your chain, heh, heh; Did you get my 2 e-mails last week?
I wouldn't be surprised if the numbers are revised upward. After I posted my original comment, I went up and got the morning paper. On the front page was a chart showing GDP growth since mid 2003. Out of a total of 13 quarters, there were 2 that were higher than average (3rd qtr. '03 - approximately 7.5% and 1st qtr. '06 - approximately 5.7%) and two that were slightly below 2% (4th qtr. '05 and 3rd qtr. '06). The other 9 quarters were all between 2.8 and 4.2 -- just nice and steady.
the most hilarious thing about consumer confidence indices, no matter where they come from? what do consumers really know? c'mon no matter what side of the aisle you're on....you have to admit that consumers are easily manipulated, are highly reactive and only remember what they heard last. so don't be surprised what happens next....whatever that might be!