Economy
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Title: Bad News For The GOP: Manufacturing Report RISES Unexpectedly
Source:
Bloomberg News
URL Source: http://www.bloomberg.com
Published: Jun 30, 2011
Author: Shobhana Chandra
Post Date: 2011-06-30 09:46:55 by war
Keywords: Fuck You, Boofer
Views: 67465
Comments: 92
June 30 (Bloomberg) -- The Institute for Supply Management- Chicago Inc. said today its business barometer unexpectedly rose to 61.1 in June from 56.6 a month earlier. Figures greater than 50 signal expansion. Economists projected the gauge would drop to 54, according to the median estimate in a Bloomberg News survey. Another report today showed the labor market is struggling to improve as more Americans than forecast filed first-time applications for unemployment benefits. Jobless claims dropped by 1,000 to 428,000 last week, the Labor Department said. Economists surveyed by Bloomberg projected 420,000 claims, according to the median estimate. For Related News and Information:
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#53. To: Rudgear (#42)
LOL. Nice.
Socialists & Democrats want you to do one thing: Economics is essentially the mathematical modeling of consumer behavior in a market, as well as production and distribution of goods. Interesting variables come into play in the field of economics, depending on what you believe. For example, free-market capitalism theory is consumer behavior without government interference or regulation, and the freedom to choose any good you wish, depending on your preferences. OTOH, the Keynesian hypothesis of economics depends on government interference and regulation in economic models, to supposedly achieve greater efficiency and social "justice" (i.e., monetary redistribution via the business-end of a gun). It should be noted that free-market capitalism is easily the most efficient of all systems, and the longest lasting. Keynesian and socialist or communist models always collapse, because the inherent inefficiencies are capitalized on by beggars and corrupt bureaucrats, ultimately bankrupting those systems. This is historically and mathematically demonstrable- the USSR being the most recent example of a failed socialist model. China will be the next communist model to fail, and when the economic collapse occurs in the Western world fails (over the next few months to years), it will be the latest example of corporatist-fascism to fail. A point you keep bringing up, due your lack of understanding, is that the USA is NOT a free-market economy; it's not even close. If you believe it is, then show me a single market (or even a single commodity) that you can buy, where the government hasn't interfered/taxed/regulated. The only example I can currently come up with, is Craigslist- the last bastion of true free-market economics. Indeed, I'm building my car using damn-near everything purchased through that website. Poli-sci studies political events and their relationships. It's a foo-foo area, with no real value to anyone except beggars and corrupt bureaucrats. It offers NOTHING of value to the real world, beyond a bunch of putzes sitting around, pontificating on different ways to fleece their fellow men... As far as I'm concerned, they have nothing in common, from a practical perspective.
Socialists & Democrats want you to do one thing: Bullshit. "Economics" is first and foremost the study of production and distribution, wealth transfer and consumption. From those studies some amount of modeling may be done but there has yet to be a mathamatical model that has done anything more than DESCRIBE events rather than predict them. Mathamatical modeling can only occur with some amount of "givens". Since economic "givens" are so broad in nature and the "X" variable omnipresent, no such modeling has ever withgstood the test of time. Poli-sci studies political events and their relationships. Bullshit. Poli-Sci is first and foremost the study of governance and the "political" systems by and from which governance occurs.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
dummy: Bullshit. Since you never had any classes that would generally be referred to as "math," I can certainly understand how you would be left behind in the very first sentence. Unfortunately for you, you're so far behind the curve that you actually think you're in the lead. No need to read further on your reply. You're too stupid to hold up your end of the conversation. Oh, and thanks for playing, dummy.
Socialists & Democrats want you to do one thing: What's so unusual about that? I had two years of algebra, geometry, and trigonometry in high school. I know people who have had calculus in high school.
Now, I know I’m not going to change the minds of any of the True Believers…those who read all of Reverend Al’s sermons, and say things like, “You know, global warming can mean warmer OR colder, wetter OR drier, cloudier OR sunnier, windier OR calmer, …”. Can I get an ‘amen’??
2. Become incredulous and indignant. Avoid discussing key issues and instead focus on side issues which can be used show the topic as being critical of some otherwise sacrosanct group or theme. This is also known as the “How dare you!” gambit. The "math" of economics does not require anything more than a knowledge of the General Algebraic Modeling System aka GAMS. Had you studied ALGEBRA instead of the ALEGEBERA that you claim to have studied then you'd know this. If you had any real knowledge of Econ then you’d know that Mathematical Economics is a sub- branch of Economics. And I note with irony that the most famous of this branch of economics and who won a Nobel, is ALSO a believer in climate change and social equality…Kenneth John Arrow…
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
You had ALGEBRA...he had ALEGEBRA which, from the "sound" of it, requires drinking before dividing.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Especially when it whacks you in the forehead like that manufacturing data did today, huh? Feel better dummy.
You want to pretend that won't be 'revised' in a couple of weeks, knock yourself out, pussy.
Proxy IP's are amusing.....lmao
ISM numbers are rarely, if ever, revised. It's a private group that surveys the Supply Chain Managers of its corporate members. It's about a 25 point questionnaire that covers: production, hiring, new orders, order backlog, prices paid and received, availability of materials, deliveries...you know...all the thing that if you were in a REAL business that you'd know about...rather then the one that requires a fax and a phone call and affords you all sorts of "happy time on the internet" that you're in. That sound was that truth thing whacking you in the forehead again...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Using this vulger word falsely implies that anyone here is afraid of you. Au contraire la beouf mulet..
There's that sound again...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Using this vulger word falsely implies that anyone here is afraid of you. Au contraire la beouf mulet.. Using a vulger word now and then just shows that he's more honest and upfront than some slick talkin, dog shit eatin hypocrate such as yourself, who the hell are you out to impress pussikins? I'd trust a person who cusses now and again before I would some shifty, deceitful, two faced POS trying to be something they are not. Laissez les bon temps roulez, PUTZ!
snip A point you keep bringing up, due your lack of understanding, is that the USA is NOT a free-market economy; it's not even close. The USSR failed for the same reason a truly free market can not exist on a significant scale for more than a minute.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Chinese communism does not exist anymore.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Or as my economist stepson said, anyone who tells you he knows all about economics is lying.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Put two economists in a room and you'll get 6 opinions...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Would that include someone who claimed that her life was in danger because of the dossier she was accumulating from web documents was making some people "nervous".
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Wrong again, pussy.
Proxy IP's are amusing.....lmao
(chuckle)
Proxy IP's are amusing.....lmao
Yep...it's absolutely hilarious that she totally misused the phrase..."Live and let live"...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Off your meds again?
Chuckles...what made you believe I was "talking" about you, Mammy?
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
And this means precisely dick. The bullshit that the dummy DwarF presented is from a guy who never took any of the classes that allow you to put together effective modeling. In other words, he's talking out his ass- which is typical for him. The point being, there is empirical data which can be analyzed in economics. There isn't any, in poli-sci. Which means that comparing the two is a complete waste of time. That YOU don't understand this, surprises me not at all, since empirical data has no place in your socialist agenda.
Socialists & Democrats want you to do one thing: The point being, there is empirical data which can be analyzed in economics. There isn't any, in poli-sci. Which means that comparing the two is a complete waste of time. What you don't get is the political science and economics are two sides of the same coin. That YOU don't understand this, surprises me not at all, since empirical data has no place in your socialist agenda. My socialist agenda - that's a good one.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Just because the private sector fails at providing some service and therefore the government needs to step in to provide that service means you are socialist. A healthy private sector is necessary but so is a healthy government.
That's because some are agenda driven rather than pragmatic. A healthy private sector is necessary but so is a healthy government. For black and white thinkers only one sector can be healthy at a time. They are the same guys who would cut off their noses to spite their faces.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Superficially, they appear to be connected. In reality, they are not.
Socialists & Democrats want you to do one thing: War said: Mathamatical modeling can only occur with some amount of "givens". Since economic "givens" are so broad in nature and the "X" variable omnipresent, no such modeling has ever withgstood the test of time. and he is correct. There are far too many variables to identify, let alone represent in a mathematical model - so far, that's something only God can do. Without the knowledge of God, your models are flawed, and thus flawed will fail to predict or accurately represent the real world where real human beings filter already limited information according to their individual schemas, and act rationally or emotionally.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
In reality, they are not. I understand why you think that.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
False logic, leading to equally false conclusions. Thanks for playing... and failing.
Socialists & Democrats want you to do one thing: Nope. That's where you are wrong my limited friend.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
The story behind the story is that the cost of manufacturing in China has been rising dramatically since 2004. China no longer has an economic advantage for small to medium manufacturers, so a lot of them are ending their relationships with Chinese outsourced manufacturing companies and moving their operations back to the U.S. Companies (like Apple) who have such large volumes that they can control access to an entire factory and dictate their own processes still have an advantage of being in China. But small to medium businesses are finding it cheaper from a total cost perspective to manufacture in the U.S.
As usual, you're so far behind the curve, you actually think you're leading. You're amusing... in a sad, and rather pathetic way. I take great comfort in the fact that you'll pay a heavy price for your stupidity. :)
Socialists & Democrats want you to do one thing: He who is first shall later be last.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Another facile comment to veil your insipid intellect. Even your signature is a façade, meant to affect intelligence. You're a walking, talking sheep. You would rather die than think. And because you have made this choice, you shall pay the price for being a mindless member of the herd.... They will shear you, until you have nothing left for them to take. And then they will take your life. Such is the way of tyrannical governments, like the one you welcome with open arms. You celebrate your own enslavement, and happily scratch and beg, for each crumb they throw you... You are a parasite that the body politic will cast off... IF your child(ren) are not as dully vapid as you, perhaps they'll take you in. Perhaps not. Either way, I'll celebrate not having my money stolen, for the likes of you.
Socialists & Democrats want you to do one thing: You're a walking, talking sheep. You would rather die than think. And because you have made this choice, you shall pay the price for being a mindless member of the herd.... They will shear you, until you have nothing left for them to take. And then they will take your life. Such is the way of tyrannical governments, like the one you welcome with open arms. You celebrate your own enslavement, and happily scratch and beg, for each crumb they throw you... I'm not so intellectually bankrupt that I don't know when some one has reached the end of his ability to debate. (see above) You are a parasite that the body politic will cast off... IF your child(ren) are not as dully vapid as you, perhaps they'll take you in. Perhaps not. Thank you for your concern.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Actually, you ARE that intellectually bankrupt. Your vapid responses amply demonstrate your lack of intellect. And so I say it again, to reiterate your fealty to your masters: Socialists & Democrats want you to do one thing: Give it a rest you drama queen. You should thank your lucky stars you live in a society that puts up with your retarded ass instead of locking you away. Idiot.
------------------------------------- Not kissing the ring of the high priest of the free market doesn't make me stupid.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Dickie is finding his way onto a lot of tag lines. Whenever he pops off, I always hear President Reagan say 'There you go again'.
"You "say" the most iodtic things..." --our local dummy DwarF
#54. To: lucysmom (#40)
What do economics and political science have in common - think about it.
"You "say" the most iodtic things..." --our local dummy DwarF
#55. To: Capitalist Eric (#54)
(Edited)
Economics is essentially the mathematical modeling of consumer behavior in a market, as well as production and distribution of goods.
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#56. To: war (#55)
Capitalist Eric: Economics is essentially the mathematical modeling of consumer behavior in a market, as well as production and distribution of goods.
"You "say" the most iodtic things..." --our local dummy DwarF
#57. To: war (#34)
Put it right there with your claim that you had "Alegebra" in HS...
#58. To: Capitalist Eric (#56)
(Edited)
Since you never had any classes that would generally be referred to as "math," I can certainly understand how you would be left behind in the very first sentence.
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#59. To: no gnu taxes (#57)
(Edited)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#60. To: Badeye (#45)
Truth hurts.
#61. To: Thunderbird (#60)
Especially when it whacks you in the forehead like that manufacturing data did today, huh?
#62. To: Badeye (#61)
(Edited)
You want to pretend that won't be 'revised' in a couple of weeks, knock yourself out, pussy.
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#63. To: Badeye (#61)
(Edited)
pussy
#64. To: Thunderbird (#63)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#65. To: Thunderbird, Badeye (#63)
pussy
#66. To: Capitalist Eric (#54)
Keynesian and socialist or communist models always collapse, because the inherent inefficiencies are capitalized on by beggars and corrupt bureaucrats, ultimately bankrupting those systems.
#67. To: Capitalist Eric (#54)
China will be the next communist model to fail...
#68. To: war, Capitalist Eric (#55)
Mathamatical modeling can only occur with some amount of "givens". Since economic "givens" are so broad in nature and the "X" variable omnipresent, no such modeling has ever withgstood the test of time.
#69. To: lucysmom (#68)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#70. To: Murron (#65)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#71. To: Thunderbird (#63)
#72. To: Murron (#65)
#73. To: Badeye (#72)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#74. To: war (#70)
Would that include someone who claimed that her life was in danger because of the dossier she was accumulating from web documents was making some people "nervous".
#75. To: Murron (#74)
Off your meds again?
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#76. To: lucysmom (#68)
Or as my economist stepson said, anyone who tells you he knows all about economics is lying.
"You "say" the most iodtic things..." --our local dummy DwarF
#77. To: Capitalist Eric (#76)
The bullshit that the dummy DwarF presented is from a guy who never took any of the classes that allow you to put together effective modeling.
#78. To: lucysmom (#77)
My socialist agenda - that's a good one.
#79. To: NewsJunky (#78)
Just because the private sector fails at providing some service and therefore the government needs to step in to provide that service means you are socialist.
#80. To: lucysmom (#77)
What you don't get is the political science and economics are two sides of the same coin.
"You "say" the most iodtic things..." --our local dummy DwarF
#81. To: Capitalist Eric (#76)
The bullshit that the dummy DwarF presented is from a guy who never took any of the classes that allow you to put together effective modeling.
#82. To: Capitalist Eric (#80)
Superficially, they appear to be connected.
#83. To: lucysmom (#81)
There are far too many variables to identify, let alone represent in a mathematical model - so far, that's something only God can do.
"You "say" the most iodtic things..." --our local dummy DwarF
#84. To: Capitalist Eric (#83)
False logic, leading to equally false conclusions.
#85. To: war (#0)
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#86. To: lucysmom (#84)
"You "say" the most iodtic things..." --our local dummy DwarF
#87. To: Capitalist Eric (#86)
I take great comfort in the fact that you'll pay a heavy price for your stupidity. :)
#88. To: lucysmom (#87)
"You "say" the most iodtic things..." --our local dummy DwarF
#89. To: Capitalist Eric (#88)
Even your signature is a façade, meant to affect intelligence.
#90. To: lucysmom (#89)
I'm not so intellectually bankrupt that I don't know when some one has reached the end of his ability to debate. (see above)
You would rather die than think. And because you have made this choice, you shall pay the price for being a mindless member of the herd.... They will shear you, until you have nothing left for them to take. And then they will take your life. Such is the way of tyrannical governments, like the one you welcome with open arms. You celebrate your own enslavement, and happily scratch and beg, for each crumb they throw you...
"You "say" the most iodtic things..." --our local dummy DwarF
#91. To: Capitalist Eric (#90)
Why don't you make like a tree and get out of here?
#92. To: Capitalist Eric (#90)
Your vapid responses amply demonstrate your lack of intellect.
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