Bad news for Republicans

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After inching up for the last few weeks, jobless claims fell to 365,000 for the week, moving away from the dreaded 400,000 mark that would be very bad news for the job market.



Another key mile marker for the economy comes tomorrow when the Labor Department releases it jobs report.


Analysts are expecting 160,000 jobs to be added in April, with the unemployment rate unchanged at 8.2 percent.



http://abcnews.go.com/blogs/business/2012/05/gm-profit-lower-jobless-claims-buoy-economy/
 
Once again the auto industry is proving to be one of the bright spots in this economy.

General Motors beat earnings expectations thanks in part to strength in the U.S.

The company announced today that it had a $1 billion profit in the first quarter of 2012.

GM is still one-third owned by the U.S. government, down from a 60 percent stake at the time of the bailout in 2009.

The company has paid back $24 billion of the $50 billion it received then.


http://abcnews.go.com/blogs/business/2012/05/gm-profit-lower-jobless-claims-buoy-economy/
 
\\(())// said:
Once again the auto industry is proving to be one of the bright spots in this economy.

General Motors beat earnings expectations thanks in part to strength in the U.S.

The company announced today that it had a $1 billion profit in the first quarter of 2012.

GM is still one-third owned by the U.S. government, down from a 60 percent stake at the time of the bailout in 2009.

The company has paid back $24 billion of the $50 billion it received then.


http://abcnews.go.com/blogs/business/2012/05/gm-profit-lower-jobless-claims-buoy-economy/
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Maybe GM is paying back that US investment with money made selling Buicks in China?
 
Meanwhile, in "what actually matters land":

Romney gained ground on Obama over the last month in Ohio and Florida, fiercely contested battleground states that will be critical to deciding the winner of the November 6 presidential election.
The new poll found Romney with 44 percent to Obama's 43 percent in Florida, where Obama led by 7 percentage points in late March. In Ohio, where Obama led by 6 points in late March, Obama had 44 percent to Romney's 42 percent.
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http://www.reuters.com/article/2012/05/03/us-usa-campaign-states-idUSBRE8420GB20120503
 
Capt Billy the Kid said:
the economy isn't going to turn around by november. People are still going to feel shitty.
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Romney's plan of doing "just the opposite" of what Obama would do is gonna fix it? Only a real dumbass would fall for that line. President Barack Hussein Obama is going to win substantially in November and Democrats in general are going to regain seats countrywide even in the south.
 
Gatorman said:
Romney's plan of doing "just the opposite" of what Obama would do is gonna fix it? Only a real dumbass would fall for that line. President Barack Hussein Obama is going to win substantially in November and Democrats in general are going to regain seats countrywide even in the south.
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while voters are angry at congress and the dems are likely to gain seats, the presidential election is likely to close

a lot still depend on the state of the economy
 
LOL, notice that righties believe in polls when they like the results?
 
\\\(())/// said:
After inching up for the last few weeks, jobless claims fell to 365,000 for the week, moving away from the dreaded 400,000 mark that would be very bad news for the job market.
Another key mile marker for the economy comes tomorrow when the Labor Department releases it jobs report.

Analysts are expecting 160,000 jobs to be added in April, with the unemployment rate unchanged at 8.2 percent.

http://abcnews.go.com/blogs/business/2012/05/gm-profit-lower-jobless-claims-buoy-economy/
Click to expand...

356,000 people left the labor force last month causing unemployment to drop to 8.1%

The labor market only added 115k jobs last month... far below the expectations and even further below the rate needed to keep up with new entrants let alone get others back to work.
 
\\\(())/// said:
LOL, notice that righties believe in polls when they like the results?
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I follow polls, especially those of likely voters. Obviously that is what ultimately matters when it comes down to figuring out who is to win the election. There is no point in ignoring the reality of scientific, statistical data if in the end "your guy" still loses.

I am hoping romney wins, that is true, but I wont be voting for him. I'm staying home election day. I just purely want to see liberals upset.
 
Capt Billy the Kid said:
Meanwhile, in "what actually matters land":



http://www.reuters.com/article/2012/05/03/us-usa-campaign-states-idUSBRE8420GB20120503
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Small gains though. What you fail to point out is that Obama's lead over Romney in PA grew to over 10% putting that State away and increasing Obama's electoral count lead to 253 to 170 for Romney (with 270 needed to win). In addition, in the swing States Obama still holds slight leads over Romney in 6 of the 9 swing States meaning the statistical probability of Obama being re-elected are highly favorable as Obama, at this stage, only needs to pick up 17 electoral votes to Romney's 100. If Obama wins just Ohio, and RCP polling average has Obama with a average poll lead of 4.2% (which is outside the margin of error by the way), Then Obama wins.

Romney has a big uphill slog.
 
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Don Quixote said:
while voters are angry at congress and the dems are likely to gain seats, the presidential election is likely to close

a lot still depend on the state of the economy
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Actually I think that's over stated. I don't think you're going to see a dramatic change in the economy up or down and the electoral vote calculus is not looking good for Romney. Obama holds a substantial lead over Romney in the electoral count and he holds slight leads in most of the 10 swing States. It would take a major down turn in the economy to swing things in Romney's favor and that probably isn't going to happen. Obama will probably campaign against Romney on the moral argument for a humane and affective government. That higher wages, universal healthcare, increased funding for public and college education, secure benefits for the elderly and unemployed are essential to future economic growth while pointing out that Republicans hostility towards unions, funding our public sector and attempts to privatize medicare and social security are recipes for decline. I seriously doubt, given the nature of his current electoral deficit that Romney could affectively answer such an attack.
 
Derp Derp said:
Small gains though. What you fail to point out is that Obama's lead over Romney in PA grew to over 10% putting that State away and increasing Obama's electoral count lead to 253 to 170 for Romney (with 270 needed to win). In addition, in the swing States Obama still holds slight leads over Romney in 6 of the 9 swing States meaning the statistical probability of Obama being re-elected are highly favorable as Obama, at this stage, only needs to pick up 17 electoral votes to Romney's 100. If Obama wins just Ohio, and RCP polling average has Obama with a average poll lead of 4.2% (which is outside the margin of error by the way), Then Obama wins.

Romney has a big uphill slog.
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ok so you are already booking PA but you of course aren't giving romney the florida votes. nice.

2/3 swing states are trending romney. Swing voters say they identify more with romney on issues than with obama (there was another poll stating this recently, don't have it on hand but if you choose to doubt me I'll go find it).

Lastly, about half the elections going back to the 60's/70s were a different result than what polls in late april indicated. So a lot can happen between now and then.
 
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