tag:blogger.com,1999:blog-6616959642391988608.post1571889516805443378..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Obama approval updateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-6616959642391988608.post-17615866665753662822009-12-09T08:35:49.086-08:002009-12-09T08:35:49.086-08:00Donny: be patient, hiring doesn't pick up unti...Donny: be patient, hiring doesn't pick up until well after a recession ends.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-23565837519083127472009-12-09T06:50:20.566-08:002009-12-09T06:50:20.566-08:00Scott-
Yesterday's Business Roundtable report ...Scott-<br />Yesterday's Business Roundtable report on CEO's outlook for the economy bears out my stance. Summary: "more upbeat, but still not hiring".<br />Cheers.Donny Baseballhttps://www.blogger.com/profile/08040288585224426073noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-34446107750806010852009-12-08T06:35:18.747-08:002009-12-08T06:35:18.747-08:00Scott-
I agree about the market. The flipside of ...Scott-<br />I agree about the market. The flipside of my view of the jobs outlook is operating leverage at companies. Overhead levels are way down from 2008 and even a little pickup in business will juice the bottom line nicely, so I am betting on decent earnings. A robust rebound around the globe can keep many US companies doing well for awhile. So, I am bullish but not ragingly so. HoweverDonny Baseballhttps://www.blogger.com/profile/08040288585224426073noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-20743244727428404222009-12-07T20:09:57.734-08:002009-12-07T20:09:57.734-08:00Donny: I appreciate your contributions to this deb...Donny: I appreciate your contributions to this debate. I think what you relate makes sense. I have no doubt that businesses are very reluctant to hire and expand given the political climate and the anti-capital stance of the Obama administration. <br /><br />The question I ask myself, however, is whether the reluctance to invest, and the implications this has for a meager recovery in the years toScott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-60403797728998956892009-12-07T17:20:17.766-08:002009-12-07T17:20:17.766-08:00Scott-
I assume you mean the slowdown in job losse...Scott-<br />I assume you mean the slowdown in job losses to almost nothing. Yes, it is a good sign, but there is a base level of business that companies have pared down to support and they are grabbing fairly robust export business, so there is work, but the situation is seen as fragile, especially exports to Europe. CEOs are going to try to grab business using what labor they have in-house. Donny Baseballhttps://www.blogger.com/profile/08040288585224426073noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-32429963107257612942009-12-07T16:03:41.139-08:002009-12-07T16:03:41.139-08:00Donny: If things are really as awful as you say, h...Donny: If things are really as awful as you say, how do you account for the fact that the jobs situation has improved so much to date?Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-47299076703778221142009-12-07T15:20:19.757-08:002009-12-07T15:20:19.757-08:00Scott is right about the weak recovery but this on...Scott is right about the weak recovery but this one is different, the receovery will be very weak and will not feel like a recovery at all. I speak to CFOs and CEOs all day long and they are scared silly at the laundry list of things the Dems in Congress want to do to them and the Obama admin. is on board for whatever the Dem Congress wants and then some. I kid you not, many are fearful that Donny Baseballhttps://www.blogger.com/profile/08040288585224426073noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-76040077552840769352009-12-07T10:07:56.720-08:002009-12-07T10:07:56.720-08:00What's happening so far is that economy IS rec...What's happening so far is that economy IS recovering but Obama is still under the gun, mainly because this is not a very robust recovery. Even my optimistic forecast of 3-4% real growth will not result in a significant decline in the unemployment rate by the time elections roll around next year. Bush lost to Clinton in '92 even though the economy had been in recovery for over a year, Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-38875751487143693952009-12-07T09:59:07.311-08:002009-12-07T09:59:07.311-08:00This jibes with the polls indicating Republicans l...This jibes with the polls indicating Republicans lead on all the key voter issues. Shows how loathesome The Messiah's policies are when you consider the GOP appears is all but hibernating.<br /><br />But what happens when the economy recovers and Obama takes credit for every bit of it?Paulhttps://www.blogger.com/profile/00842065702455026249noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-36020490596664994982009-12-07T07:14:40.470-08:002009-12-07T07:14:40.470-08:00I wonder what percentage of those who strongly dis...I wonder what percentage of those who strongly disapprove are far left wing 'progressives' who feel that Obama is not liberal and activist enough? Alas, I suspect that a significant percentage of the strongly disapproving are not sympathetic to conservative policies. I would be interesting to see this group broken out in the opinion polls, not sure if polling organizations dig that jjhttps://www.blogger.com/profile/00382970468577051096noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-76273845708964778422009-12-07T05:32:19.009-08:002009-12-07T05:32:19.009-08:00CNN = Collecting Nefarious NumbersCNN = Collecting Nefarious NumbersW.E. Heasleyhttps://www.blogger.com/profile/00368333904571061995noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-10438600417666626962009-12-07T01:31:57.887-08:002009-12-07T01:31:57.887-08:00CNN/Opinion Research had 48% approval 50% disappov...CNN/Opinion Research had 48% approval 50% disappoval but 8% of the disapproval was because he was<br />not liberal enough with 40% disapproving becuase he was too liberal....go figure....broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-38825252222195863312009-12-06T23:30:01.416-08:002009-12-06T23:30:01.416-08:00Niiiiiice! :)Niiiiiice! :)Ryan Grannishttps://www.blogger.com/profile/15325637605987976245noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-182455933598104502009-12-06T20:19:49.534-08:002009-12-06T20:19:49.534-08:00The disenchanted are discovering that Hope really ...The disenchanted are discovering that Hope really meant Hype.<br /><br />The declining trend continues to be good. In a few months, the only thing he'll be able to get passed will be a kidney stone.<br /><br />Worried about this week's global warming conference though; lots of financial damage will come of it despite the recent discovery of hacked "science."Cabodoghttps://www.blogger.com/profile/08299113185481067179noreply@blogger.com