[quote=carlsbadworker][quote=CDMA ENG]You don’t need power steering if you are power lifting… Wuss! 😛
Also my friend from Denver has a comment about SoCal and ppl driving BMWs/Nice Cars. One. A nice car cost less than a nice house. Two since ppl who commute in SoCal spend more time in the car than they do the house why not buy a nice car. Some truth in that…
But for my two cents I think any uptick is just another tech bubble. I read Mish. I read the economist. Neither have anything rosy to report. Europe is imploding… Orders for durable goods are down… So what is the bright side? Maybe the dollar will get stronger against other currencies but that is the only rallying point.
The only other upside is unemployment is down and that is just a number game anyway!
So there is a lot of people reporting this and ppl reporting that which is some good news on the local level but it is still anetodetal…
As SDDuuuude says “In God we trust. Everyone else bring data.”
CE
My Vote is no. Economy is not getting better. Its just getting sunny outside so you all are not as depressing as normal for the last 4 months! :p[/quote]
OK. I am bringing some data. Chrysler, now part of Italy’s Fiat, just reported its best January sales since 2008, up 44% from a year earlier. And it announced it would hire 1,800 people at a plant in Belvidere, Illinois, to build its new Dodge Dart. And the good news is hardly confined to Chrysler. The auto industry as a whole sold 1.2m vehicles in January, many more than expected, and a 4% increase from December.
Where is your data?[/quote]
Well I had written a big drawn out statement and then left this tab only to find that the whole thing some how got erased.
You cherry pick one data point… Woopie! You should join the Obama political team (or whoever is trying to get re-elected to be non partisan).
I am lazy when it comes to writting so I will simply counter with this.
Uemployment numbers remain at record levels when cherry picking accounting standards are discounted.
Our decifeit remains at record levels with no plan for reduction or repayment.
Our Fed still use poor policies to keep banks afloat and to keep my “premium” savings account under 0.5 percent rate of return becasue they are desperate to pump money in the economy…
Real levels of wage has not increased since 96’…
Yeah the economy is getting better… In the same way a poor man doubles his riches by going from 1 dollar in his pocket to two.
You could argue that the above is still “getting better” but this is of such small significance that it hardly be called so.
I am not complaining… I am hunkered down and prepared to deal with whatever comes but I think it is premature to say things are getting better.
That is not much in the way “data” with exacting points that are accurate to 3 decimal points but those are some of the facts…
