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August 02, 2004

Same Shit, Different Cowbell

I posted an article about the continued factory growth below, but I like the way this story puts it:

Factories enter longest stretch of rapid growth in 30 years

WASHINGTON (AFP) - The American manufacturing sector sped up activity in July, cementing the longest stretch of rapid growth in more than 30 years, a survey showed.

The Institute for Supply Management purchasing managers' index (PMI), based on a survey of supply executives, rose 0.9 point from June to 62.0 in July, in line with private economists' forecasts.

It was the 14th consecutive reading above 50 points, which indicates an expansion in activity.

"The manufacturing sector continues to grow at a rapid rate as the PMI has now been above 60 percent for nine consecutive months," survey chief Norbert Ore said in a statement.

"This is the longest period of growth above 60 percent since the 12-month period of July 1972 through June 1973," he said.

Key findings in the report showed:

-- New orders sped up, with the index rising 4.7 points from June to 64.7 in July.

-- Production accelerated, with the index up 2.9 to 66.1.

-- Employment grew, albeit at a slower rate, with the index easing 2.4 to 57.3.

-- Input prices rose at slower pace, with the index falling 4.0 points to 77.0.

"Today's ISM report provides further verification of the strong state of US manufacturing," said Manufacturers Alliance/MAPI president and chief executive Thomas Duesterberg.

...

Many economists expect economic growth to speed up in the second half of the year as consumers bounce back despite an expectation of gently rising short-term interest rates.

Larger cowbell to represent not just the great economic news, but the actual media recognition of this fact.

posted by Ace at 10:56 PM

Comments

Notice the TALtard and buddies don't actually answer specific claims that the economy is booming, they just claim that unnamed formerly Republican relatives are angry that there's no economic growth.

As in everything else, they're utter wussies when it comes to presenting an actual argument.

Posted by: Mr. Bowen on August 3, 2004 01:20 AM

Not just any media recognition, but French media recognition!

Posted by: Dave Pasquino on August 3, 2004 10:06 AM

Nice. Ad Hominem followed by misrepresentation. You mother must be so proud, Mr. Bowen.

I believe TAL said his relatives were dissapointed by "the deficit, the war, the pandering to the religious right, and believe it or not - the tax cuts for the wealthy in the middle of this mess". I don't see anything about "Booming Economy" - do you? Go back and look for yourself.

Keep knocking down strawmen! Many here have a great facility for it, it seems.

Posted by: Batman on August 3, 2004 10:42 AM

If you distill to an individual company this eases the pain of head to wall contact. For instance, Alliant Techsystems is now in 24/7 production mode and maxed at 1.2 million rounds of ammunition providing the pop in the pull for our PATRIOTS atritting terrorists worldwide. The beauty of it. The kicker is, it's not enough. DOD has recently contracted with Winchester for an additional 70 million rounds to meet expected demand for '05. What's that increase in production %? Shift differential and overtime pay for Americans employed at Alliant and Winchester could probably sustain a 3rd world nation for at least one quarter. All good, would certainly be an understatement. No more complaints from this dumbfuck about a lack of or measured restraint relative to trigger pulling. The bump in the road? John-John and his trial lawyer ilks continued pressing of "junk lawsuits" targeting gun manufacturers who also produce what? He supports the troops. Oh does he? Let the hot lead fly, smoking black holes will sustain us in our time of need. 0% failure(misfires) from the greatest most productive workers in the world. Semper Fi!

Posted by: Mr. Bad Example on August 3, 2004 10:50 AM

Re: Tax Cuts For the Wealthy ala Batman, TAL

Lets boot the straw men and use a concrete example: myself. Last year I made about $55K. This may sound like alot but here in the People's Republic of Santa Monica where starter houses are $600K and condos begin at $350K, I can't afford to buy an outhouse. I also support my wife & three children. Thanks to the Bush cuts my taxes have dropped from $1500 to $0. If you make anywhere from $10K to $80K or more you got a cut. If not, fire your accountant, and open a 401K. Or get off welfare and get a job. Bush = tax cuts for workers.

Posted by: dano on August 3, 2004 12:27 PM

Anyone who drags up the tired "Tax cuts for the wealthy" line and then cries "Straw Man!" earns my nomination for the Unintentional Irony award.

Anyone who follows a line like "Nice. Ad Hominem..." with "You mother must be so proud" leaves Unintentional Irony in the dust and breaks the sonic barrier into the realm of hypocrisy.

Posted by: Brian B on August 3, 2004 01:21 PM

Well, Batman, since you're utterly incapable of reading, I will now quote the TALtard directly:

"Yeah, I pay attention. Tell you what, you just keep talking about how great the 'recovery' is to with your traditional conservative friends... that's the other lie that is pissing them off :-)"

Game, set, and match.

Buh bye now!

Posted by: Mr. Bowen on August 3, 2004 02:36 PM


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The Institute for Supply Management purchasing managers' index (PMI), based on a survey of supply executives, rose 0.9 point from June to 62.0 in July, in line with private economists' forecasts. It was the 14th consecutive reading above 50 points, which indicates an expansion in activity. "The manufacturing sector continues to grow at a rapid rate as the PMI has now been above 60 percent for nine consecutive months," survey chief Norbert Ore said in a statement. "This is the longest period of growth above 60 percent since the 12-month period of July 1972 through June 1973," he said. Key findings in the report showed: -- New orders sped up, with the index rising 4.7 points from June to 64.7 in July. -- Production accelerated, with the index up 2.9 to 66.1. -- Employment grew, albeit at a slower rate, with the index easing 2.4 to 57.3. -- Input prices rose at slower pace, with the index falling 4.0 points to 77.0. "Today's ISM report provides further verification of the strong state of US manufacturing," said Manufacturers Alliance/MAPI president and chief executive Thomas Duesterberg. ... Many economists expect economic growth to speed up in the second half of the year as consumers bounce back despite an expectation of gently rising short-term interest rates. Larger cowbell to represent not just the great economic news, but the actual media recognition of this fact. posted by Ace at 10:56 PM Comments Notice the TALtard and buddies don't actually answer specific claims that the economy is booming, they just claim that unnamed formerly Republican relatives are angry that there's no economic growth. As in everything else, they're utter wussies when it comes to presenting an actual argument. Posted by: Mr. Bowen on August 3, 2004 01:20 AM Not just any media recognition, but French media recognition! Posted by: Dave Pasquino on August 3, 2004 10:06 AM Nice. Ad Hominem followed by misrepresentation. You mother must be so proud, Mr. Bowen. I believe TAL said his relatives were dissapointed by "the deficit, the war, the pandering to the religious right, and believe it or not - the tax cuts for the wealthy in the middle of this mess". I don't see anything about "Booming Economy" - do you? Go back and look for yourself. Keep knocking down strawmen! Many here have a great facility for it, it seems. Posted by: Batman on August 3, 2004 10:42 AM If you distill to an individual company this eases the pain of head to wall contact. For instance, Alliant Techsystems is now in 24/7 production mode and maxed at 1.2 million rounds of ammunition providing the pop in the pull for our PATRIOTS atritting terrorists worldwide. The beauty of it. The kicker is, it's not enough. DOD has recently contracted with Winchester for an additional 70 million rounds to meet expected demand for '05. What's that increase in production %? Shift differential and overtime pay for Americans employed at Alliant and Winchester could probably sustain a 3rd world nation for at least one quarter. All good, would certainly be an understatement. No more complaints from this dumbfuck about a lack of or measured restraint relative to trigger pulling. The bump in the road? John-John and his trial lawyer ilks continued pressing of "junk lawsuits" targeting gun manufacturers who also produce what? He supports the troops. Oh does he? Let the hot lead fly, smoking black holes will sustain us in our time of need. 0% failure(misfires) from the greatest most productive workers in the world. Semper Fi! Posted by: Mr. Bad Example on August 3, 2004 10:50 AM Re: Tax Cuts For the Wealthy ala Batman, TAL Lets boot the straw men and use a concrete example: myself. Last year I made about $55K. This may sound like alot but here in the People's Republic of Santa Monica where starter houses are $600K and condos begin at $350K, I can't afford to buy an outhouse. I also support my wife & three children. Thanks to the Bush cuts my taxes have dropped from $1500 to $0. If you make anywhere from $10K to $80K or more you got a cut. If not, fire your accountant, and open a 401K. Or get off welfare and get a job. Bush = tax cuts for workers. Posted by: dano on August 3, 2004 12:27 PM Anyone who drags up the tired "Tax cuts for the wealthy" line and then cries "Straw Man!" earns my nomination for the Unintentional Irony award. Anyone who follows a line like "Nice. Ad Hominem..." with "You mother must be so proud" leaves Unintentional Irony in the dust and breaks the sonic barrier into the realm of hypocrisy. Posted by: Brian B on August 3, 2004 01:21 PM Well, Batman, since you're utterly incapable of reading, I will now quote the TALtard directly: "Yeah, I pay attention. Tell you what, you just keep talking about how great the 'recovery' is to with your traditional conservative friends... that's the other lie that is pissing them off :-)" Game, set, and match. Buh bye now! Posted by: Mr. Bowen on August 3, 2004 02:36 PM Post a comment Name: Email Address: URL: Comments: Remember info?	Now Available! The Deplorable Gourmet A Horde-sourced Cookbook [All profits go to charity] Top Headlines The Short Unhappy Life of a Russian Soldier: Why recruits die in 20-30 minutes Interesting video. Some key parts: drones were responsible for 70-80% of all battlefield deaths in mid-2025, and I bet it's higher now. The Russian army is incredibly corrupt. Men get assigned to the most dangerous frontline units, the "Storm" units, unless they pay a superior $2,000 to be assigned to a different unit. Furthermore, there is often no real training for recruits -- commanders pocket the money that would have gone towards fuel and ammo costs incurred during training. 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