By Henry Decker

Consumer Confidence Rises To Five-Year High

October 12, 2012 2:08 pm Category: Memo Pad 52 Comments A+ / A-

In another sign that the U.S. economy is improving, a new Thomson Reuters/University of Michigan survey shows that consumer confidence has risen to its highest level in over five years.

According to the University of Michigan index, which measures both people’s assessment of their current financial conditions and their expectations for the future, consumer confidence rose to 83.1 — a nearly 5-point jump from last month’s rating of 78.3. That significantly beat the expectations of most analysts, who expected the rating to drop.

“What changed was how [consumers] evaluated economic conditions,” survey director Richard Curtin said in a statement. “Economic conditions during the year ahead were expected to be ‘good’ by more consumers, and more consumers expected ‘good’ economic times over the next five years.”

As this chart from Bloomberg/Business Insider shows, this represents the highest consumer confidence rating since September of 2007.

This is the third high-profile piece of positive economic news to come out in the past week: last Friday the Labor Department reported that unemployment had fallen to 7.8 percent, and yesterday it reported that jobless claims had dropped to their lowest level in four years.

Consumer Confidence Rises To Five-Year High Reviewed by on . In another sign that the U.S. economy is improving, a new Thomson Reuters/University of Michigan survey shows that consumer confidence has risen to its highest In another sign that the U.S. economy is improving, a new Thomson Reuters/University of Michigan survey shows that consumer confidence has risen to its highest Rating:

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  • http://profile.yahoo.com/GCXB2EABXANRR2IK7QHS3TAPOU ROBERT C HASTINGS

    Of course Jack Welch will say these numbers were manipulated, what else would you expect him to say? And he will be joined by all the conservative blathering heads who will claim they wouldn’t expect anything different from those Chicago politicians. Would that God would infest them all with herpes, He’s already turned them into misogynists. I guess it would be just too much to expect that they would be happy for both the people and the country. Maybe if some sort of amnesty were arranged whereby they would be relieved of any blame – like a truth and reconciliation board.

  • TZToronto

    Of course the right-wing-nuts will say it’s a conspiracy. After all, the University of Michigan is a bastion of liberalism and Thomson Reuters is . . . well, not so much. Uh, oh. How will Welch, et al., explain this? I doubt that Thomas Reuters, a multi-billion-dollar corporation, is cooking the numbers, and the University of Michigan doesn’t want to destroy its reputation for objectivity.

    • AnnMarieCad

      You are so right. Nothing will make them happy. We are on the right path,we are now climing the hill. Romney will put us at the bottom of the hill again. It takes a dem. to clean up after a rep. I saw that Nyc Mayor was opening more places for their homeless.Which keeps getting higher. The comments were” not in my neighbor hood”. Well I responed that we complain that we do for others and not our own and when we do something to improve or cities and states we complain even more, and its allways Obamas fault. Gee no reponses.Sorry I’m all over the place with this.

  • Justin Napolitano

    Robert, most of us know that the Republicans do not want the economy to get better and unemployment to go down. They want to win the Senate and the Presidency and if things are improving then their entire argument goes away. I mean how can they sell their trickle down theory, and lower taxes for the rich if the economy greatly improves without that kind of foolishness. Now I know and you know that the entire trickle down economic model was nonsense but the republicans still cling to that model. We have had 42 months of economic growth and steady lowering of unemployment and it is driving the rich pricks, like Jack Welch, crazy. The improvement in consumer confidence numbers must be due to cooking the books.
    Hey Jack, go jump off a bridge you has-been hack.

    • http://profile.yahoo.com/X2KKGDYW2F5T5XUT6233KBNWSI robert

      Couldn’t have said it better, my friend.

    • http://pulse.yahoo.com/_AOZVISW3XL7243YWES5SXAXXZA Kent

      Isnt´t it a twist of fate that Geoff Immelt, current CEO of GE, and proponant of wind and solar energy is over on Obama´s side. With consumer confidence rising, I myself am very bullish on things like Siemens, B.M.W., VW-Porsche, Chrysler, Daimler… And goodness, if Obama can get the wind tax credit extended- we can be very Bullishon wind again… Vestas, Siemens, G.E. etcetera. Sustainability is the fastest growing ector in the world… and provides a lot of good clean tech jobs. Also get Bullish on railroads. If Obama can get a majority in both houses, maybe he can get the fuel tax – provision for building out U.S high speed rail, and getting more freight on the railroads as well, cutting fossil fuel consumption, improving the economy even more while doing something about environmental protection.
      (Goodness, I miss all the right wing trolls here on the blog today. And where is our Darling Fern Woodfork. Hi Fern!)

      • http://www.facebook.com/fern.woodfork Fern Woodfork

        Hello My Friend!!!<3 Had To Do Some Overtime Then I Had To Make Calls For Our President Of The United States Working On Getting Him 4 More Years!!!

    • http://profile.yahoo.com/QXUFSMTKTK3UCL3ZFPJPONXAVM mac macey

      You hit it right on the button Justin. Its great to see someone who knows his stuff and like me, is not glossed over by the GOP rhetoric and BS. And yes, trickle down effect is a God dam joke. Dems’ will win the senate by a huge margin in November.

  • Canistercook

    Just love these surveys and polls. Just wish they would call someone else not me!

  • http://profile.yahoo.com/7LP4N5IG5776ILIT5RBSZBF32Y Rodell Lawrence

    Wo0w what will the Republicans say now that things are getting better. It got to be that Obama did something wrong and it is just turning right.

  • http://profile.yahoo.com/CYAN45WELOJDYQGO3O3QYN6OQA Larry

    There’s no denying the economy is improving despite all the obstacle the Repugs threw up to make the President a one termer and still it improves think of what can happen if the Repugs just get out of the way. Obama/Biden 2012

    • jgourgue

      Mr. Welch is a genious when it comes to business. When he was CEO at GE, he ran the BIGGEST company in the world. Further, he never pay any taxes at all. He only cares for his bottom line/BIG BUSINESS and the rest of us are nothing else but parasites and freeloaders…..He would love to see a world without any regulation whatsoever. Most importantly, we are the 47% who depends on governments handout.

  • http://profile.yahoo.com/RDMZFBTC2V65J2QJE6LTMJM5GE sarahg

    Well, while that’s nice, it is what I consider a soft indicator and is not hardcore economic evidence. The truth is if you look at the graph above, the dips and peeks, though very interesting, always follow news reports and media accounts of disasters or positives. And there has undoubtedly been lots of positive jobs news recently, notwithstanding the fact the our economy is a long way off from healthy and strong. So if there’s lots of bad news, people respond accordingly;likewise with good news. So this is not really meaningful in a solid economic way. I think I see this kind of thing more as a way to bolster the crowds and get them rearing for some healthy Christmas spending.

    • DukeDacat

      TAKE ANOTHER LOOK AT THE ABOVE CHART…..
      COMPARE THE Up’S AND DOWN’S WITH WHAT YEAR THE PRESIDENT WAS A DEMOCRAT OR A REPUBLICAN….

      Then drew your cocclusions of 20 plus years of data……
      No Jack Welsh cooking of the books here.

    • http://pulse.yahoo.com/_AOZVISW3XL7243YWES5SXAXXZA Kent

      Sarah, the unemployment figure going down are also hardcore evidence. And goodness, if we can save the wind tax credit-that will not only save jobs but expand that sector which actually saves money in the long run because it does not need fossil fuels… The European recovery is based on sustainability build out – in solar, wind, geothermal, and energy efficiency measures. The steel and automotive workes in swing state Ohio are not going to forget that Obama pulled an emergency bail out of Chrysler and G.M. when Romney said they should have been allowed to go bankrupt and then re-organize.
      Obama´s “Cash for Clunkers” program, emulated by the E.E.C.countries, is what kept the crash into recession from plumeting into a full scale global depression! That was the beginning of the turn around.
      And because the cars replacing the clunkers were more fuel efficient, loweree demand helped push oil prices into the cellar, which in turn helped to fuel recovery. Remember, the price of Brent was over 150 a barral. U.S. government sponsored drilling research under Clinton helped to develop fracking and horizontal drilling, then combined in the Bakken field to open up 800 million barrels of domestic crude a day.
      Now for even better news sarahg. Over in “itty gitt” “socialist Europe”, a German company will be premiering with “overunity” aqueous fuel cars- at the Le Mans 24 hour endurance race next year. And beyond that, the same group also developed a method for literally getting hot steam to ignite in a gas turbine…. driving a generator-
      Which mean companies like G.E., Siemens, A.B.B., and M.A.N. will be very busy making big turbines to convert coal fired power plants around the world to GaS power. i.e. aqueous firing the gas turbines.. to generate power, and then use the hot exhausts to heat the steam on the Rankine cycle generation. (Literally violates the 1st and 2nd laws of thermodynamics, but who cares. We are literally running steam engines off their own steam… that way. And that also means “boom” while protecting the enironment at the same time. “Super Green” is the way to go.
      Europe is massively building out clean tech wind which saves so much money on fossil fuels and cuts so much demand for natural gas that Russia lowered the price for delivered nat gas… which means… continued recovery in Europe.
      Now Romney, not understanding energy, said he´d let the wind tax credit expire, which caused a lot of wind companys to cancel order for new turbines in the U.S…. forcing companies like G.E., Siemens, Arevas, and Vestas in the U.S. to lay off workers. If Obama is re-elected, those wind energy jobs will be saved… and the economy can continue to get off fossil fuels- meaning more recovery. The less you burn, the less money you burn, which can be spent elsewhere.
      Wind, solar p.v., concentrated solar, agrarian manure methane recapture power and heat systems, sewage sludge-methane firing urban waste power generation, aqueous fuel fired combined cycle power systems, upgrading hydroelectric, anchored, on-stream hydro-electric, revamping big commercial brewing vats and bakery ovens with fuel cells powered by steam ignition, building energy management systems, industrial power energy management systems, e-car technology, aqueous car technology – are “sustainability” technologies which will fuel a fifty year global boom as we get off fossil and nuclear into sustainable. All measures not only cut consumption and costs, they help to reduce emissions, cutting the accelerating pace of global warming. (We really are not into Fox News Climate Change denial like the “Tea-Publicans”.

      The “socialist” Europeans take climate change very seriously, and that is why they develop and build out the above technologies-which keeps their economies growing. (Sustainability is now a bigger sector in the German economy than the automotive sector- 12% and will grow to 20% by 2020. We are rocking (I say this as a nam-vet ex-pat over in Germany working in the field.) We only have one global climate Sweetheart. And we don´t like the effects of global warming, no matter how much Romneybot denies “climate change” to appease his small oil company backers.
      We like wind farms driving e-cars and are actually doing it already, just like wind and hydro drives high speed trains on “itty gitt” state owned German rail which actually makes a profit for the governments.

      Aqueous fuel systems mean that companies like VW team up with utilities to come in and tear out old heating oil units in single and multi-family dwellings- steam clean and electro-plate the heating oil tanks- (and build channels to capture filtered and electro shock sterilized rooftop runoff rainwater into those tanks. Then they install – a VW Golf engine driving a generator (running aqueous) with exhaust heat-powering a Stirling motor driving a generator.) before it goes into the heat exchangers for building heat and hot wateer. (Goodness, we build that out in Germany, replacing all ten million heating oil units with that… meaning we`ve cut oil consumption by 800 million barrels a day… keeping prices low.) (In addition to replacing it in transportation.)

      Solar voltaic on every roof, and that in every cellar for when the sun goes down.
      And we will put manure methane recapture on every European poultry, pork, and beef feedlot, every dairy farm. (that means 30.000 MWh in “poop” power in Germany alone. The “fuel” is free.(garbage dump, sewage sludge, and manure methane has a greenhouse gas warming effect 25 times higher than co² so we use it as fuel rather than burn fossil fuel natural gas. Makes sound economic and ecological sense.)

      Germany also just developed Gravit Field Retransformation- which has spin offs of mass desalinisation system- (with which we can also apply to re-freeze the poles) which will let us green the sahara and the Arabian peninsula, Namibia, and Australia to counter global warming by pulling co²out of the atmosphere.
      As fire releases more co² into the atmosphere than all the energy processes combined every year, we also apply that to beta laser beam fire fighting. (aimed into the base of an open flame, the fire goes out.) And dam if you don´t already need that in global warming drought stricken U.S.A. where the Fox News nuts are still into hysterical denial about it. We will be deliving that system to U.S. fire departments by the end of 2014.

      Europeans care.. (Oh those “horrible socialist European economies” like Sweden,Denmark, Holland, and Germany.) And we yre doing osmething about it.
      Obama understands that is the future way to go. ‘Romney does not.

      We think synergetic sustainability and Obama seems willing to learn. The in the pocket of coal and oil Tea-Publicans couldn´t give a healthy shit about “global warming” as long as the dollars are right.
      Let em sit on their coal and oil. We developed aqueous fuels- And maybe, just maybe, the world´s biggest carbonaceious junky per capita, the U.S.A., might be willing to go along on a withdrawel from its oil, coal and gas addiction at the rate of 10% a year-
      to slowly slow down global warming.
      I love places like Venice, and I would certainly hate to see it disappear beneath the waves because Romney´sw budy harald Hamm and the Koch brothers oppose clean tech to sell more oil.

      Really lady, the day is not too far off when you will be able to buy two kinds of zero emission “suburban mom” VW passat station wagons from your local dealer: either a gracvity field retransformation powered all electric which never needs recharging, or an all aqueous- where all you put into the tank – is ordinary tap water.
      (I am sure Harald Hamm and the Koch Brothers will be hopping up and down with “joy” at the good news. meaning an end to the Canadian tar sands nonsense.)

      Goodness, fracking opened up a lot of nat gas…and people at Cheniere energy and other companies, naively spoke about – exporting it to Europe on LNG tankers, not realizing all the North Sea gas Europe has, all the Russian land and under sea gas lines feeding Europe, and the massive, unending build out of sustainable energy that will have countries like Germany (one of the world´s leading high tech industrial countries thank you.) totally off fossil fuels by 2025!. (Do you see the German´s “compaining about their “social market economy?) At 2.5 % unemployment rates in Bavaria, I doubt it. (If you want what we`ve already got, you gotta do what we did to go get it.” Go sustainable. Build out railroads, clean up power generation. rewplace fossil fuels!

      Goodness, your husband can enjoy watching the televised Le Mans 24 hour endurance race – next spring. Audi will win it again as usual with its highly efficient TDI diesel cars. However, there will be a team on the field with two dark blue cars- also from a German -company- running all aqueous. (and what about aqueous fuel powered trucks and busses to go along with that.)

      Romneybot and Harald Hamm won´t like it, but that is the wave of the future. And we can do all of that here in Europe, because, as an German minister of the environment so poignently put it: “We don´t have the Koch brothers.”

      • DurdyDawg

        Wow! Great reading Kent..

  • http://profile.yahoo.com/RDMZFBTC2V65J2QJE6LTMJM5GE sarahg

    Geez, all of this partisan, negative blather is such a boor. Try actually responding to the story in an authentic and genuine way instead of talking about your version of what this person or that person would say. It is honestly extremely worn out, tired and over done, not to mention magnificently boring.

    • http://profile.yahoo.com/4M56L4XZJNAIX7TRSP6YIJH3EE Dianna S

      So Sarah, what do YOU think the Republicans are thinking? Oh, that’s right, they aren’t. But if you listen to all the news accounts, isn’t that exactly what everybody does? Report what they think, how they think the debate went…….down to the color of each debator’s tie. AND right now, by the polls listed in the article, the people are thinking that the economy is on the upswing. Reuters is a well respected surveying company that has been doing political surveys for a very long time. Did you miss the phone call from the Reuters’ surveyor? I say……and I know you really don’t care, Sarah, …..Yea!!!!!

    • SaneJane

      One click will take you right out of here.

      • DurdyDawg

        So true.. But then she’d only have the Personal Liberty Digest to troll in and none of them has anything to say except the same old negative Obama blather which is also extremely worn out, tired and over done, not to mention magnificently boring.

  • http://www.facebook.com/SGMWalker Milton Walker

    You know, If the president announced that we have found a cure for cancer the republicans would complain that HE did not do it sooner.

  • http://pulse.yahoo.com/_HXODDKBLQIKBWZSN3YNALACPTQ maya

    another conspiracy, I suppose, eh?? ha ha ha…

    GO OBAMA…..

  • http://www.facebook.com/dominick.vila.1 Dominick Vila

    The saddest part of this is that, if Romney wins in November, he and the GOP will get credit for the economic recovery that is underway. The fact that the economy has turned around is evident everywhere we go. Companies are posting healthy profits, hiring and buying new equipment; stores are hiring, and even the construction sector is picking up again after a 5 year hiatus. I bet the GOP is blaming itself for nor being able to prolong the economic malaise and high unemployment a couple more months…

  • ExPAVIC

    Memories

    Harkening back a couple of years ago when things were looking bleak, recall how Rush “The Blob” Limbaugh was hoping that Obama’s efforts to end the free fall would “fail.”

    Now look how ridiculous his wish appears after eight years of Bush’s ineffective flopping around we are beginning to see a true turn around in four years with another four to go for emphasis.

  • irishtap

    What disturbs me the most as for what constitutes Republican leadership these days, is if they are able to steal another election (via voting suppression), they’re not likely to do anything to spur job growth. They want the middleclass extinct, they want women subservient and the poor completely without hope. These people are recklessly determined to scatter representative government to the winds.

  • http://profile.yahoo.com/2BK4GN6CDVOOBMXWHI3KXFAFNE douglas

    I am sure that Jack Welch and Romney will say that the Democrats manipulated these numbers or the Chicago politicians did.

  • William Deutschlander

    If we could get a Democrat majority in Congress and a Democrat in the White House, just think how we could transform the country into an Economic Powerhouse, for ALL THE CITIZENS (PEOPLE)!

    Vote Democrat, by ALL the people , for ALL the people, of ALL the people!

  • http://profile.yahoo.com/X2KKGDYW2F5T5XUT6233KBNWSI robert

    Last night, Ryan told us that “(Presisdent) Obama had his chance. He had a partisan Congress his first two years and the country is still struggling.” This report shows that the president and his so-called partisan Congress weren’t sitting on their hands or just fighting for health care reform. They were working for America, and what we see now are the beginnings of that work. It’s going to get better, America, wait and see. The Obama/Biden administration worked slowly to ensure a strong foundation for America’s future growth. Romney/Ryan can’t wait to rip up that foundation and take the country back into the terrorism of the Bush/Cheney era. Let’s work with our president to ensure that America moves forward, America. VOTE!!!!!!!!!!!!!!

    • http://www.facebook.com/fern.woodfork Fern Woodfork

      How Great Of The Lying King Acting As If He Was Not Part Of The Plot To Make Our President A One Term President With All Of Their Plotting, Blocking And Filibustering Ever Since Obama Been In The White House!! Let’s Not Get Started With All The Lies Of Being A Muslim And Not Being Born Here!!!!! Just More Feeding The Racist Monster!!! Hawaii Is Really Kenya!!!

  • http://profile.yahoo.com/RGOUPZ3JYNMPBVOHLZRCRVRD6Q ivory69690

    great news the Pres. should write it down for his next debate for when the anti-christ romney starts his flip floping lies and flip flop that stat at the idiot

  • http://profile.yahoo.com/JCDYOUQPDL6RBF2WIQY7IHJ4BM batavier

    This, of course, is BLASPHEMY, pure and simple to Teabaggers and their hostages, the Republican Party, whose worldview is comprised of doom and calamity, UNLESS they DOMINATE ALL LEVERS OF GOVERNMENT….if not of society at large!

  • http://profile.yahoo.com/X2KKGDYW2F5T5XUT6233KBNWSI robert

    You have a choice, sara. There’s always Farts News.

  • 1bythebrooks2

    It’s been said MANY times since Obama was elected in the first place. Repubs only ambition was to make him a one term President. That was the only ambition and they have bucked him at every turn! That and the House is why we are in this mess again. They don’t want him to look good in any way and will hurt the American people (exept the 1%0) to get Obama out, and have hurt them!

    Another thing, you want to help balance the budget? Get rid of life long health care for members of Congress and the President and all their family’s. They are supposed to be the people too. Make them pay their own medical like most of us that can do! That subsidy has gone on for WAY too long!! You have to be wealthy to get there, in my thinking. You can afford it. Obama has said it himself. “People like me and Romney don’t need help paying for it” Not his exact words, but simmilar!

  • solver04

    To all the patriotic thinkers in here – If this keeps up all the LIES better not help their cause – If it does than the FOXhead morons and Racists will have voted our country away. Our Democracy into a Plutocracy, the terrible outcomes un fathomable. I just viewed “THE ED SHOW” and saw the story about the Illinois Co. and Bain and MittsNomer. That ought to go out in an ad and be REPORTED by the media. How can this traitor even be considered by ANYONE calling themselves an American to be POTUS – He should have his citizenship REVOKED; Let him and his D’bag VP smugass go live where their money is. Mitty can be the King of the Bahamas, Caymans, Switzerland. I don’t know if they have Kings in any of those places (They Don’t) But, he can buy a crown and one for his Prince Paulyan.

  • http://pulse.yahoo.com/_B6RROC4IUESHT322QS5VJVPYRM Lynda

    More bad news in Republican land. The idea that the country may be healing with little or no help from them is an anathema to their world view.

  • http://www.facebook.com/novadust David Nova

    difference is, 5 years ago it was on the way down….

    • http://pulse.yahoo.com/_AOZVISW3XL7243YWES5SXAXXZA Kent

      But coming back up. Ain´t it swet.

  • DurdyDawg

    This is exactly what the pubs were fighting for.. Romney himself said it a few months back, “Once I get in office I won’t have to do a thing as far as the economy as it will get better on it’s own”.. This news was supposed to be heard from the GOP.. They’re the ones who told the b’ness’ to hold back.. The b’ness’ gave them four years to prove themselves.. After three and a half years nothing progressed (as far as the GOP) the b’ness’ said enough! We want to return to our profit margins.. The GOP became desperate, began spewing lies, myths and innuendos.. Anything to bring them up to a level where they could be credited for the rise.. Now they’re only going to watch as the economy improves and Obama gets the credit. It should have been their time, they sacrificed this nation to acquire this end but their idiot pub politicians spewed things that the nation refused to accept.. They made enemies with women, the poor.. the elderly and minorities and their scheme fell through.. They deserve all they sowed.

  • ridemybroom

    The reputards arguments…they dont argue they lie, steal, and borrow…and no plans to give back either…they are some evil people…with evil conceptions on how to get rid of YOU !…i would like to know why none of Romney son’s ever went in the armed forces…and i also would like to know why Paul Ryan didnt go in either…the bottom line is i do not want to get killed if i were to go over and fight for this country….Romney cant call this his America and neither can Ryan when they both abused the system way back when and now want to lie about abusing it…what trashy trailer park did they come from…romney probably came from a trailer park min mexico…and he call OB a muslim and says hes non american…well look whose calling the kettle black…

  • msrita

    I spent 5 thousand dollars this month to help Obama win

    • http://pulse.yahoo.com/_AOZVISW3XL7243YWES5SXAXXZA Kent

      Good for you,. Wonderful.

  • http://profile.yahoo.com/PMVMZMDLRQL3TRK5RNOHJVZPHU stoptheinsanity

    To RethugLIARcons, the issue has never been about jobs and an improving economy. From day one of President Obama’s administration, they have done everything in their power to obstruct everything the president did in order to make him a one-term president. McConnell was the spokesman for the RethugLIArcons and made that pronouncement. Despite all of the right-wing obstructionism, Obama has managed to lead out country to an improving economy, lower unemployment and consumer confidence. The only thing the RethugLIARcons are interested in is gaining absolute power so that they can do to our country again what they did under George W Bush’s administration. We know that Bush led our country into the Greatest Recession it has ever seen and President Obama is still cleaning up the mess. You notice that RethugLIArcons don’t mention one single word about Bush. Now they want to return our country to the same failed policies of his administration. Are Americans really that stupid and dumb or are they just that racist and bigoted?

  • http://www.facebook.com/people/Michael-Bryant-Sr/100001601885874 Michael Bryant Sr.

    Just looking at the graphic above. Bush was handed a growing economy by Clinton which we all know. When Obama got the economy from Bush it was at it’s lowest point. In 2010 when the republicans took over the house and stop the jobs bill the economy turn down a while but since then the economy has been on a content rise under Obama. To the republicans it seems jobs for hurting Americans isn’t their first issue. Grabbing power is. The People send them to Washington to work on their behalf, once there they work on behalf of their party not the people that send them.

  • tunaman13212

    47% says it all

  • emadis41

    What is good news for the country is bad news for the GOPers. Romney and his leutenant claim that there are 23 million unemployed in the country!, i wonder how they calculated that? I believe since they do not believe in statistics they went door to door and ask everyone if he is out of work!
    The total US population is around 318 million, and if the unemployment is 10% and assuming that 200 million work force, out of it 50 million are elderly and out of the work force, then 10% unemployment gives you only 15 million unemployed at the peak. Now with 7.8% unemployment, only 11.3 million out of work, how convenient it when they double up.
    Mr. Bush left office with unemployment over 8% and the economy in shambles, Mr. Romeny vodoo economics and outsourcing will only make things worse and history proof it, GOP created only 38.3 million Jobs in 36 years in the White House, the Dems created 54 million in 24 years in the White House. Then who are the job creators? Who improved the economy?
    ,

  • http://www.facebook.com/garland.wright1 Garland Wright

    We Must Move Forward we can’t move back, it was the Republican Party
    that, got us JACKED

  • onedonewong

    Now that Romney is leading in every poll americans confidence is rising and the 4 years of the worst president since Jimmy Carter is quickly coming to a close

  • Melvin Chatman

    Some “NUTS” in Texas are threatening “Marshal Law” if the President wins another term!!

    • http://www.facebook.com/people/Kenneth-Morgan/1366502336 Kenneth Morgan

      Ok with me. It only applies to squirrel-bait Texas. Use your Marshal Law to get the tar sands out of your own state. Don’t blame that on Obama. that’s Boehner and Perry’s boon doggle.

  • hhcchelle1

    If there are people lining up to by I phones how could it be that bad. I see people @ walmart busy using welfare food stamps or a debit card to buy crap food and having and using state of the art cell phones and having cell service standing in line we should prevent welfare recipients from having cell phones if they are too lazy to find a job and pay for that stuff themselves and they should be required to pass drug screening as well. too much of the truly needy being left in the

    Been around before and very worthwhile to pass on. What a smart lady!

    “IF YOU CAN’T FIX IT WITH A HAMMER,YOU’VE GOT AN ELECTRICAL PROBLEM”
    WRITTEN BY A 21 YEAR OLD FEMALE
    Wow, this girl has a great plan! Love the last thing she would do the best.

    This was written by a 21 yr old female who gets it. It’s her future she’s worried about and this is how she feels about the social welfare big government state that she’s being forced to live in! These solutions are just common sense in her opinion.

    This was in the Waco Tribune Herald, Waco, TX ; Nov 18, 2011

    PUT ME IN CHARGE . . .

    Put me in charge of food stamps. I’d get rid of Lone Star cards; no cash for Ding Dongs or Ho Ho’s, just money for 50-pound bags of rice and beans, blocks of cheese and all the powdered milk you can haul away. If you want steak and frozen pizza, then get a job.

    Put me in charge of Medicaid. The first thing I’d do is to get women Norplant birth control implants or tubal ligations. Then, we’ll test recipients for drugs, alcohol, and nicotine. If you want to reproduce or use drugs, alcohol, or smoke, then get a job.

    Put me in charge of government housing. Ever live in a military barracks? You will maintain our property in a clean and good state of repair. Your home” will be subject to inspections anytime and possessions will be inventoried. If you want a plasma TV or Xbox 360, then get a job and your own place.

    In addition, you will either present a check stub from a job each week or you will report to a “government” job. It may be cleaning the roadways of trash, painting and repairing public housing, whatever we find for you. We will sell your 22 inch rims and low profile tires and your blasting stereo and speakers and put that money toward the “common good..”

    Before you write that I’ve violated someone’s rights, realize that all of the above is voluntary. If you want our money, accept our rules. Before you say that this would be “demeaning” and ruin their “self esteem,” consider that it wasn’t that long ago that taking someone else’s money for doing absolutely nothing was demeaning and lowered self esteem.

    If we are expected to pay for other people’s mistakes we should at least attempt to make them learn from their bad choices. The current system rewards them for continuing to make bad choices.

    AND lastly, while you are on Gov’t subsistence, you no longer can VOTE! Yes, that is correct. For you to vote would be a conflict of interest. You will voluntarily remove yourself from voting while you are receiving a Gov’t welfare check. If you want to vote, then get a job.

    Now, if you have the guts – PASS IT ON…I WOULD REALLY LIKE TO GET THIS BACK, IF EVERYONE SENDS IT, I WILL GET OVER 220 BACK!!! I WOULD KNOW YOU SENT IT ON!!!

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    dust for these planted users of the government

  • http://www.facebook.com/people/Kenneth-Morgan/1366502336 Kenneth Morgan

    Best since june, 2007. It was lowest right when Bush left office. Obama did not have it lower than Bush at end of his regime. Good news. Lay it on him next week, Mr. President. He can’t wiggle away from this truth.

  • Pingback: Reality Check: A Women's View of the Economy on the Eve of the Election - Forbes

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