Comments on: Are we pointed in the right direction yet? http://keithhennessey.com/2009/08/10/wrong-direction/ Your guide to American economic policy Wed, 17 Mar 2010 01:39:06 -0400 http://wordpress.org/?v=abc hourly 1 By: Bank Stocks Lead Steep Retreat; GM Predicts 230 MPG for Volt – August 11, 2009 http://keithhennessey.com/2009/08/10/wrong-direction/comment-page-2/#comment-14068 Bank Stocks Lead Steep Retreat; GM Predicts 230 MPG for Volt – August 11, 2009 Mon, 28 Dec 2009 21:56:31 +0000 http://keithhennessey.com/2009/08/10/are-we-pointed-in-the-right-direction-yet/#comment-14068 [...] Economy Is Not Yet Pointed in the Right Direction [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('14068','Bank Stocks Lead Steep Retreat; GM Predicts 230 MPG for Volt – August 11, 2009'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('14068','Bank Stocks Lead Steep Retreat; GM Predicts 230 MPG for Volt – August 11, 2009','[...] Economy Is Not Yet Pointed in the Right Direction [...]'); return false;">Quote</a></div> [...] Economy Is Not Yet Pointed in the Right Direction [...]
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]]> By: Ed Hwong http://keithhennessey.com/2009/08/10/wrong-direction/comment-page-2/#comment-12002 Ed Hwong Fri, 11 Sep 2009 22:41:38 +0000 http://keithhennessey.com/2009/08/10/are-we-pointed-in-the-right-direction-yet/#comment-12002 Simple math concept but not understood by enough people. What I find interesting is how much "spin" politicians do to try to turn bad news into something positive -- but just like with children and your employees in the company you run or manage, people can smell b.s. a mile away. Same thing applies to national deficit and debt. "By 20xx, our deficit will be half of what is today..." Speaking of which, is it just yet another spin job for the politicians and mainstream press to talk about national debt owned by public vs Treasury? Smaller #s in the trillions make us feel better? Why politicians of all walks receive such cynicism. <div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('12002','Ed Hwong'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('12002','Ed Hwong','Simple math concept but not understood by enough people. What I find interesting is how much "spin" politicians do to try to turn bad news into something positive -- but just like with children and your employees in the company you run or manage, people can smell b.s. a mile away. Same thing applies to national deficit and debt. "By 20xx, our deficit will be half of what is today..." Speaking of which, is it just yet another spin job for the politicians and mainstream press to talk about national debt owned by public vs Treasury? Smaller #s in the trillions make us feel better? Why politicians of all walks receive such cynicism. '); return false;">Quote</a></div> Simple math concept but not understood by enough people. What I find interesting is how much "spin" politicians do to try to turn bad news into something positive — but just like with children and your employees in the company you run or manage, people can smell b.s. a mile away. Same thing applies to national deficit and debt. "By 20xx, our deficit will be half of what is today…" Speaking of which, is it just yet another spin job for the politicians and mainstream press to talk about national debt owned by public vs Treasury? Smaller #s in the trillions make us feel better? Why politicians of all walks receive such cynicism.
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]]> By: William http://keithhennessey.com/2009/08/10/wrong-direction/comment-page-2/#comment-8805 William Thu, 27 Aug 2009 21:08:25 +0000 http://keithhennessey.com/2009/08/10/are-we-pointed-in-the-right-direction-yet/#comment-8805 If the media reported U-6 It's possible the 2010 elections would result in a GOP congress. I seriously doubt though that it would matter to obama's democratic supporters. It will still be Bush's fault.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('8805','William'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('8805','William','If the media reported U-6 It\'s possible the 2010 elections would result in a GOP congress. I seriously doubt though that it would matter to obama\'s democratic supporters. It will still be Bush\'s fault.'); return false;">Quote</a></div> If the media reported U-6 It’s possible the 2010 elections would result in a GOP congress. I seriously doubt though that it would matter to obama’s democratic supporters. It will still be Bush’s fault.
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]]> By: The 2010 jobs outlook  |  KeithHennessey.com http://keithhennessey.com/2009/08/10/wrong-direction/comment-page-2/#comment-8754 The 2010 jobs outlook  |  KeithHennessey.com Thu, 27 Aug 2009 17:14:23 +0000 http://keithhennessey.com/2009/08/10/are-we-pointed-in-the-right-direction-yet/#comment-8754 [...] wrote earlier about why this is the wrong way to analyze it.  Now I want to compare the President’s [...]
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]]> By: FYI Mr. President, Losing Jobs is Bad « Politics in the News http://keithhennessey.com/2009/08/10/wrong-direction/comment-page-1/#comment-5949 FYI Mr. President, Losing Jobs is Bad « Politics in the News Wed, 12 Aug 2009 14:57:25 +0000 http://keithhennessey.com/2009/08/10/are-we-pointed-in-the-right-direction-yet/#comment-5949 [...] moving the goal posts – leading Democrats are just plain confused. As Keith Hennessey points out on his blog, last week the President claimed the country was headed in a “new direction,” pointing to a [...]
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]]> By: Dave http://keithhennessey.com/2009/08/10/wrong-direction/comment-page-1/#comment-5943 Dave Wed, 12 Aug 2009 13:46:35 +0000 http://keithhennessey.com/2009/08/10/are-we-pointed-in-the-right-direction-yet/#comment-5943 I would say things are looking good. Your graph (a good one) shows 8 years of job activity and I dont' see a SHARP turn anywhere so it's highly unlikely a sharp turn could be expected during the recovery either. The fact that we are past the inflection point is a great sign. <div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('5943','Dave'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('5943','Dave','I would say things are looking good. Your graph (a good one) shows 8 years of job activity and I dont' see a SHARP turn anywhere so it's highly unlikely a sharp turn could be expected during the recovery either. The fact that we are past the inflection point is a great sign. '); return false;">Quote</a></div> I would say things are looking good. Your graph (a good one) shows 8 years of job activity and I dont' see a SHARP turn anywhere so it's highly unlikely a sharp turn could be expected during the recovery either. The fact that we are past the inflection point is a great sign.
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]]> By: TheTradingReport » Blog Archive » links for 2009-08-12 http://keithhennessey.com/2009/08/10/wrong-direction/comment-page-1/#comment-5938 TheTradingReport » Blog Archive » links for 2009-08-12 Wed, 12 Aug 2009 13:04:33 +0000 http://keithhennessey.com/2009/08/10/are-we-pointed-in-the-right-direction-yet/#comment-5938 [...] Keith Hennessey on First and Second Derivatives [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('5938','TheTradingReport » Blog Archive » links for 2009-08-12'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('5938','TheTradingReport » Blog Archive » links for 2009-08-12','[...] Keith Hennessey on First and Second Derivatives [...]'); return false;">Quote</a></div> [...] Keith Hennessey on First and Second Derivatives [...]
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]]> By: links for 2009-08-12 | Bailout and Financial Crisis News http://keithhennessey.com/2009/08/10/wrong-direction/comment-page-1/#comment-5914 links for 2009-08-12 | Bailout and Financial Crisis News Wed, 12 Aug 2009 10:20:47 +0000 http://keithhennessey.com/2009/08/10/are-we-pointed-in-the-right-direction-yet/#comment-5914 [...] Keith Hennessey on First and Second Derivatives [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('5914','links for 2009-08-12 | Bailout and Financial Crisis News'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('5914','links for 2009-08-12 | Bailout and Financial Crisis News','[...] Keith Hennessey on First and Second Derivatives [...]'); return false;">Quote</a></div> [...] Keith Hennessey on First and Second Derivatives [...]
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]]> By: Keith Hennessey http://keithhennessey.com/2009/08/10/wrong-direction/comment-page-1/#comment-5833 Keith Hennessey Tue, 11 Aug 2009 20:50:22 +0000 http://keithhennessey.com/2009/08/10/are-we-pointed-in-the-right-direction-yet/#comment-5833 Yep. If I had written "calculus" or "derivative" in my post, I would have lost half my readers. :) <div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('5833','Keith Hennessey'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('5833','Keith Hennessey','Yep. If I had written "calculus" or "derivative" in my post, I would have lost half my readers. :) '); return false;">Quote</a></div> Yep. If I had written "calculus" or "derivative" in my post, I would have lost half my readers. :)
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]]> By: Keva Silversmith http://keithhennessey.com/2009/08/10/wrong-direction/comment-page-1/#comment-5830 Keva Silversmith Tue, 11 Aug 2009 20:31:10 +0000 http://keithhennessey.com/2009/08/10/are-we-pointed-in-the-right-direction-yet/#comment-5830 This is calculus 101. Graph #1 is the first derivative of Graph #2. In other words, graph #1 doesn't provide much information. <div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('5830','Keva Silversmith'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('5830','Keva Silversmith','This is calculus 101. Graph #1 is the first derivative of Graph #2. In other words, graph #1 doesn't provide much information. '); return false;">Quote</a></div> This is calculus 101. Graph #1 is the first derivative of Graph #2. In other words, graph #1 doesn't provide much information.
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