GolfHos

General => The Cantina => Topic started by: Aske on October 29, 2009, 06:50:00 AM



Title: [Politics/Econ] WOOHOO RAINBOWS, UNICORN SMILES, AND ALL THAT STUFF
Post by: Aske on October 29, 2009, 06:50:00 AM
http://www.bloomberg.com/apps/news?pid=20601087&sid=aL3jHqTqtocU


Title: Re: [Politics/Econ] WOOHOO RAINBOWS, UNICORN SMILES, AND ALL THAT STUFF
Post by: birdymaker on October 29, 2009, 07:02:59 AM
What happens now that there is no government money to spend? ???


Quote
The gain in consumer spending, which accounts for about 70 percent of the economy, “largely reflected” an increase in purchases of automobiles attributable to the administration’s “cash-for-clunkers” plan, the report said. The 22 percent jump in purchases of durable goods, which includes autos, was the biggest since 2001. Total purchases were forecast to climb 3.1 percent, according to the survey median.



Title: Re: [Politics/Econ] WOOHOO RAINBOWS, UNICORN SMILES, AND ALL THAT STUFF
Post by: MFAWG on October 29, 2009, 07:06:38 AM
What happens now that there is no government money to spend? ???

That's where the unicorns come in!


Title: Re: [Politics/Econ] WOOHOO RAINBOWS, UNICORN SMILES, AND ALL THAT STUFF
Post by: Aske on October 29, 2009, 07:30:43 AM
What happens now that there is no government money to spend? ???


Quote
The gain in consumer spending, which accounts for about 70 percent of the economy, “largely reflected” an increase in purchases of automobiles attributable to the administration’s “cash-for-clunkers” plan, the report said. The 22 percent jump in purchases of durable goods, which includes autos, was the biggest since 2001. Total purchases were forecast to climb 3.1 percent, according to the survey median.



you print some more, silly.
 (http://www.financialsense.com/fsu/editorials/dollardaze/2007/images/0626.h6.jpg)


Title: Re: [Politics/Econ] WOOHOO RAINBOWS, UNICORN SMILES, AND ALL THAT STUFF
Post by: birdymaker on October 29, 2009, 10:23:47 AM
http://articles.moneycentral.msn.com/Investing/Dispatch/market-dispatches.aspx?post=1341914&_blg=1,1341914