Salon: Just in time to offer no help for Democrats, new economic data suggests brighter days ahead

[Amerigo Vespucci]

U.S. Economy
After the election, an economic turnaround?
Just in time to offer no help for beleaguered Democrats, a new batch of economic data suggests brighter days ahead
Andrew Leonard

http://www.salon.com/news/us_economy/index.html?story=/tech/htww/2010/11/03/the_election_and_the_economy



A "Now Hiring" sign in the window of a GNC store in Boston.

* Reports from car manufacturers indicate that October was the best month for auto sales since August 2009 -- when sales were goosed by the Cash for Clunkers program. If you skip Cash for Clunkers, it's the best performance in more than two years.

* Factory orders rose 2.1 percent in October, the sharpest rise since January

* Service companies expanded at the fastest rate in three months.

* ADP Employer Services, the largest private sector payroll processor in the U.S., reported that private companies added 43,000 new jobs in October, more than double what economists had been expecting.

[Rex]

1. Well anything to get us out of this depression and into a mere

recession is good news to me! I'll take a turd on an icecream cone at this point!

[nadinbrzezinski]

2. I'll take it

[dennis4868]

3. If the November jobs report is good...

the media will give the repubs the credit and not Obama.....just wait and see.

[RandomThoughts]

5. And the thought that the media, and the Fed, and other groups

Have been using reports of, and the economy, as a political weapon will be confirmed in the minds of millions of people.

And they will all tell other people about how they are using those systems for control over societal rules.

[Leopolds Ghost]

6. There are three kinds of lies: lies, damn lies, and statistics. Don't forget what Greenspan did

To falsify inflation statistics over the past 15 years by tying inflation to the inverse Moore's law of computing power(!!!) (You may not be able to buy food, but your cell phone is "worth more" than a top of the line PC from 1995!)

[TwilightGardener]

4. Good news is good news. Always welcome.

[Safetykitten]

7. Hardly. Look for the next leg down real soon.

[elleng]

8. Wouldn't have mattered; has to be FELT.

[ProgressiveEconomist]

9. Why is this story from Salon and not CNBC, Bloomberg, the WSJ, Fox Business, etc?

Even the financial news has been transformed into Ailes-inspired right-wing infotainment. The financial media have become a disgrace IMO.

I guess the facts must have a "liberal bias", even on the business/financial page.

I've heard NOTHING, except on Rachel Moddow's show, about the year-to-year decline in the deficit just reported by Treasury.

[BzaDem]

10. The ADP report is very good news. They have tended to underestimate job creation for the last few

months, so hopefully it will be more than that.