Pete C. wrote:
Hawke wrote:
On 4/1/2010 10:28 AM, Ignoramus23298 wrote:
http://online.wsj.com/article/SB1000...739806306.html

Manufacturing Expands World-Wide

Best month of activity in USA in six years, makes my search for an
investment in a warehouse, possibly, even too late, although
realistically I still have a chance. My own opinion, mostly based on
liquidation auction prices for equipment that is usable in modern
production (as opposed to clapped out 50 year old manual lathes), is
that we are about to see sharp economic growth.

U.S. factory operators saw their best month of activity in nearly six
years during March. The Institute for Supply Management reported
Thursday that its index of manufacturing activity for March moved to a
reading of 59.6, from 56.5 the month before and 58.4 in
January. March's level was above the 57.0 economists had expected to
see, and it was the highest reading since July 2004. Readings over 50
indicate growth.

I do think that "Obama haters" , who succumbed to pessimism because of
who is in the White House, are making a big mistake in not recognizing
that this country has every potential to be a great economic and
industrial machine. We are now in a bull stock market by any standard,
and are seeing improvements in both growth and productivity. If this
continues, the United States will see a lot of incremental tax
revenues from additional economic activity and capital gains, and that
alone could be a big help to reduce budget deficit.

"Obama policies", which anyone should be free to like or not like, do
not fundamentally change the fact that we are a dynamic, capitalist
economy. In fact, availability of health insurance may help someone to
move towards self-employment.

i
Don't try to tell right wingers that anything Obama is doing is working,
is good policy, is successful, or is the right thing to do. They
continue to believe in the tried and failed policies that Bush and the
republicans stand for, and that they put in place when Bush was
president. What's scary is that they want another chance to implement
the exact same failed policies again. They have simply not learned that
what they believed was wrong. So don't try to tell them Obama's way of
doing things is good. They won't hear of it. They're wedded to failed
policies and that's that. Now the rest of the normal people are all
starting to see what you see and what I have already said before, things
are turning around and we are beginning a new phase of positive economic
growth. Just be happy we're coming out of the Bush debacle and are
moving ahead once again and make some moves that allow you to profit
from seeing the obvious.

Hawke

Unfortunately, nobody left or right can admit when their policies have
failed, and mostly nobody can even correlate their policies and the
actual results since there is such a long lag time before they typically
have any effect. This is of course why everything is cyclic.

Of course there's lag time.
The Bush policies are finally starting to yield positive results.
Of course, BHO's lackeys won't be giving Bush credit.