More clear signs that the economy is slowly picking up; and this occurs in the face of total obstructionism from the GOP.

Market milestone: Stocks return to late 2007 level

NEW YORK — The last time the stock market was this high, the Great Recession had just started, and stocks were pointed toward a headlong descent.

But on Thursday, the Dow Jones industrial average hit its highest mark since December 2007, and the Standard & Poor’s 500 index soared to its highest level since January 2008 in a rally that marked a milestone: American stocks have come almost all the way back

from: http://business.time.com/2012/09/07/market-milestone-stocks-return-to-late-2007-level/#ixzz25nfOZV3c

US service firms grew at faster pace in August

WASHINGTON — U.S. service companies expanded at a faster pace in August than July, helped by stronger hiring. The growth at firms that employ roughly 90 percent of the work force suggests the economy is slowly improving.

The Institute for Supply Management said Thursday that its index of non-manufacturing activity increased in August to 53.7, up from a July reading of 52.6. Any reading above 50 indicates expansion.

Service companies include everything from retail and construction companies to health care and financial services firms. The sector has grown for 32 straight months.

From: http://www.huffingtonpost.com/huff-wires/20120906/us-economy-services/

Unemployment down to 8.1% for August

Total nonfarm payroll employment rose by 96,000 in August, and the unemployment rate edged
down to 8.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in food
services and drinking places, in professional and technical services, and in health care.

http://www.bls.gov/news.release/pdf/empsit.pdf

Harry Reid is GOP?

368,000 fell off the unemployment rolls and still aren't employed. Yeah...how is that positive??

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1987 560SL
85,000 miles

Romney: 'If last night was the party,' jobs report is 'hangover' - The Hill's Blog Briefing Room

I fail to see the positive here...

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1987 560SL
85,000 miles

I do wonder how many of that 368,000 were simply retiring.

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1982 300GD Carmine Red (DB3535) Cabriolet Parting Out
1990 300SEL Smoke Silver (Parting out)
1991 350SDL Blackberry Metallic (481)

"The thing is Bob, its not that I'm lazy...its that I just don't care."

That 368,000 were people that were collecting benefits, that fell off the rolls because they exhausted their time. They will most likely become welfare recipients.

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1987 560SL
85,000 miles

I wonder how many have just given up looking for a job? For some reason they come off the rolls of the unemployed.

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1980 300TD-China Blue/Blue MBTex-2nd Owner, 107K (Alt Blau) OBK #15
'06 Chevy Tahoe Z71 (for the wife & 4 kids, current mule) '03 Honda Odyssey (son #1's ride, reluctantly) '99 GMC Suburban (255K+ miles, semi-retired mule) 21' SeaRay Seville (summer escape pod)

I find it amazing that folks will spin every possible angle to attempt to show that this Administration is moving in the right direction.

When all of the available information is digested, there is no possibility of finding such a conclusion.

This administration has no vision other than to spend money, "hope and pray", that the economy improves so they can claim credit for it.

Another four years will find us in exactly the same place...........treading water furiously with that much more debt to ultimately drown the swimmer.

Sure, the GOP might effect a similar outcome. But, they might not.

Hmm... no mention by the OP of the 96,000 jobs created. Also no mention about the fact that it takes 139,000 per month just to keep up with population growth.

I think I might be sensing desparation seeping into the picture.

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2001 SLK 320 six speed manual
2014 Porsche Cayenne six speed manual

Annoy a Liberal, Read the Constitution

Actually, don't we know already know what the effect of many of the GOP's proposals will be from recent history?

Yeah! I guess they were able to build a real retirement nest egg with those big, fat unemployment checks.

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2001 SLK 320 six speed manual
2014 Porsche Cayenne six speed manual

Annoy a Liberal, Read the Constitution

If you go by recent (or not so recent) history, the GOP is definitely not responsible or electable by anyone with the slightest bit of intelligence.

However, I'm going out on a limb and "hoping" that Willard and Ryan will be different. I'm not so sure about Willard...........Ryan has some serious ideas on cutting the deficit. I'm completely with that.

As I attempted to explain to Link, to no avail...........do you go with someone who clearly is not a leader and has no vision for the future, or do you go with someone who's party is self-serving based upon past performance?

What if I judged you based upon your family? How would you appreciate that? Willard should be given a chance as he states that he must control spending to a much greater degree than Obama.

While not the penultimate test . . . are you saying that Mitt is the "Marilyn" of the Munster Family?

Yes, stating something is obviously the gold standard of politician credibility.

Clearly a risky proposition.

However, the alternative is a surety.

Can't get a positive from this negative, at least not on the math I learned in university....