U.S. factory orders, auto sales buoy growth outlook

Comments (5)
Bakhtin wrote:

Lets wait for the usual FoxBots to come along saying it ain’t so…

It makes me laugh to watch them desperately trying to invert reality and say that Obama has destroyed the economy, even though it has been growing for over 5 years.

Jun 03, 2014 12:52pm EDT  --  Report as abuse
comitas7 wrote:

Bakhtin: What is even more laughable is people like you who believe Obama is any different than the GOP. Of course you most likely also believe massive monetary emission and artificially low interest rates are viable and tenable policies. Desperation is the precise word to use for this political economy. Why did Obama maintain the majority of Bush II’s economic policy team in place?

Jun 03, 2014 5:41pm EDT  --  Report as abuse
Hahahappy wrote:

I am not in the US to see for myself but I am here listening and as far as I can tell things are not good. Lets face it the figures are not great and if you want to believe your polies then this growth is only taking up the slack from the “oh my god its cold” winter. Were is the true value of the Dow without the Trillions of dollars that have been pored into it?

Jun 03, 2014 12:58am EDT  --  Report as abuse
divinargant wrote:

The real question is of course whether or not these levels are sustainable. Of course the answer to that is probably not and more likely this is a one off event. Much of this is more about monetary policy and the accommodation being provided than it is about a lasting re-birth in the auto sector. Repeating sub prime mistakes of the past will be of no benefit to the long term economy and in fact are dangerous practices just as they were pre crisis. Semms we never really learn.

Jun 04, 2014 8:03am EDT  --  Report as abuse
Bakhtin wrote:

News: “Athlete Mr X has broken the world record for the fastest ever10,000 metre race!”

GOP: “The real question is of course whether or not this is sustainable. Of course the answer to that is probably not and more likely this is a one off event”

Jun 04, 2014 12:37pm EDT  --  Report as abuse
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