Weak Economy Points to Obama’s Constraints - NYT (LMFAO) - New England Patriots Forums

Patradomous · 06-03-2012, 08:18 AM

Quote:

WASHINGTON — The bleak jobs report on Friday predictably had heads snapping toward the White House, looking to President Obama to do something. Yet his proposed remedies only underscore how much the president, just five months before he faces voters, is at the mercy of actors in Europe, China and Congress whose political interests often conflict with his own.

http://www.nytimes.com/2012/06/03/us...k-economy.html

What ****** joke the NYT is. Think Obama would be getting the credit from the NYT if the economy was booming?
The reason I posted this piece is to show what laughable schills these morons are.
What the best part is, is reading the comments to the article and its about 10-1 against what they are selling.

***Harry Boy*** · 06-03-2012, 09:20 AM

He's a true "socialist liberal" nothing bad is ever their fault, when they do screw up and it is reported they shift the blame to the messenger for reporting it, the socialist liberals on this forum do it every day.

"it's not my fault, it's the other guys"

***DarrylS*** · 06-03-2012, 12:26 PM

So I guess you believe that there are no other factors to be considered in this current conundrum..

wistahpatsfan · 06-03-2012, 12:34 PM

Quote:

Originally Posted by Patradomous

http://www.nytimes.com/2012/06/03/us...k-economy.html

What ****** joke the NYT is. Think Obama would be getting the credit from the NYT if the economy was booming?
The reason I posted this piece is to show what laughable schills these morons are.
What the best part is, is reading the comments to the article and its about 10-1 against what they are selling.

They may be shills when they want to be, but what part of the article do you disagree with? Do you think the NYT is the only media outlet that is biased? (The question is rhetorical, of course. No insult intended)

chicowalker · 06-03-2012, 02:04 PM

Quote:

Originally Posted by Patradomous

...What ****** joke the NYT is. Think Obama would be getting the credit from the NYT if the economy was booming?
The reason I posted this piece is to show what laughable schills these morons are.
What the best part is, is reading the comments to the article and its about 10-1 against what they are selling....

Along with wistah's question re. what you disagree with, what kind of "laughable schills" would say his pointing fingers at Congress makes him look powerless?

PatriotsReign · 06-03-2012, 04:34 PM

The bottom-line here is that now is not the time to approve another economic stimulus. That can only work if you know things are going to turn around soon.

What did the first $900B stimulus do for us other than artificially inflate the stock market for a while? Our deficit is already beyond catastrophic...

***shmessy*** · 06-03-2012, 04:57 PM

Quote:

Originally Posted by PatriotsReign

The bottom-line here is that now is not the time to approve another economic stimulus. That can only work if you know things are going to turn around soon.

What did the first $900B stimulus do for us other than artificially inflate the stock market for a while? Our deficit is already beyond catastrophic...

How is the stock market "artificially inflated"?????

The S+P 500 P/E ratio is at historic norms:

S&P 500 PE Ratio

In fact, the only time the stock market was "artificially inflated" regarding P/E's was during the last months of W.

In fact, the table shows the P/E's of the past two years are well below ANY of the eight W years. ANY. Whose stock market was "artificially inflated"???????

http://www.multpl.com/table

Company current earnings are right in line with historic norms with their stock prices. There's nothing "artificial" about that - - - unless you believe the private sector is uniformly cooking their books also.

PatriotsReign · 06-03-2012, 05:14 PM

Quote:

Originally Posted by shmessy

How is the stock market "artificially inflated"?????

The S+P 500 P/E ratio is at historic norms:

S&P 500 PE Ratio

In fact, the only time the stock market was "artificially inflated" regarding P/E's was during the last months of W.

In fact, the table shows the P/E's of the past two years are well below ANY of the eight W years. ANY. Whose stock market was "artificially inflated"???????

S&P 500 PE Ratio by Year

Company current earnings are right in line with historic norms with their stock prices. There's nothing "artificial" about that - - - unless you believe the private sector is uniformly cooking their books also.

To your point, it would be nice if people invested in the stock for solid reasons like P & E ratio's, but that's no longer the case. People dump money into the stock market when they believe a bull market is upon us and get out when they think it's a bear market.

Therefore, the public's perception of our economy is now the main-driver of bear/bull market runs. The fact the the $900B stimulus temporarily created the perception that our ecomomy was recovering, drove people back into stocks and artificially inflated it.

Even P & E ratio's aren't that believeable any more. Our banks are allowed to keep bad debt "off the books" thereby over-inflating or mis-stating their true financial condition.

If your statement that P&E ratio's are back to historical norms and stocks are a good value, why has the stock been tanking lately?

Now how much would you like to bet that Bernanke is loading up for another round of quantitative easing? And if that happens, watch the stock market rise again....and that would also be a temporary artificial inflation, wouldn't it?

***patsfan13*** · 06-03-2012, 05:19 PM

Quote:

Originally Posted by shmessy

How is the stock market "artificially inflated"?????

The S+P 500 P/E ratio is at historic norms:

S&P 500 PE Ratio

In fact, the only time the stock market was "artificially inflated" regarding P/E's was during the last months of W.

In fact, the table shows the P/E's of the past two years are well below ANY of the eight W years. ANY. Whose stock market was "artificially inflated"???????

S&P 500 PE Ratio by Year

Company current earnings are right in line with historic norms with their stock prices. There's nothing "artificial" about that - - - unless you believe the private sector is uniformly cooking their books also.

So your against QE 3 to prop up the economy?

PatriotsReign · 06-03-2012, 05:22 PM

Quote:

Originally Posted by patsfan13

So your against QE 3 to prop up the economy?

We all are...it's would be a stupid mistake to "Prop-up" the stock market.

Moving forward, I'm in favor of letting all markets settle to their natural level...think about that for a minute and then ask yourself....

"Shouldn't all markets be allowed to find their natural value/price?"

Of course they should!