tag:blogger.com,1999:blog-12897315.post1883140656187013605..comments2024-03-28T09:54:55.115-05:00Comments on Dad29: Porkulus Was Just That: PorkulusDad29http://www.blogger.com/profile/08554276286736923821noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-12897315.post-7168528672149304542010-04-27T09:25:31.169-05:002010-04-27T09:25:31.169-05:00many of these guys aren't directly receiving A...<i>many of these guys aren't directly receiving ARRA funds</i><br /><br />Correct. they are NOT public employees.<br /><br />as to "rising demand", well, maybe. Both ECRI and ISM indexes are positive, but ECRI is not signaling a "V". MOre like a check-mark with a VERY low angle of ascent.Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-70933425340243459532010-04-27T08:39:48.100-05:002010-04-27T08:39:48.100-05:00"More than half of respondents -- 57% -- say ..."More than half of respondents -- 57% -- say industrial demand is rising"<br /><br />They are, in fact, assuming that sales are growing. <br /><br /><br />"And you simply ascribe the growth to Porkulus. These guys don't."<br /><br />Based on what they see at their place of employement. It's anecdotal evidence and a very limited view of a larger issue. I'm sure many of these guys aren't directly receiving ARRA funds.J. Struppnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-32933150699482691812010-04-27T06:04:18.173-05:002010-04-27T06:04:18.173-05:00Not really.
Profitability doesn't mean that s...Not really.<br /><br />Profitability doesn't mean that sales are growing.<br /><br />And you simply ascribe the growth to Porkulus. These guys don't.Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-81000426364727403602010-04-26T23:00:11.321-05:002010-04-26T23:00:11.321-05:00This evidence is anecdotal.
Even so. They add th...This evidence is anecdotal.<br /><br />Even so. They add this:<br /><br /><br />"But the economists see conditions improving. More than half of respondents -- 57% -- say industrial demand is rising, while just 6% see it declining. A growing number also said their firms are increasing spending and profit margins are widening."<br /><br />I believe your blog post a couple of weeks ago concluded that the majority of this growth in demand was via government spending of some form. <br /><br />You're contradicting yourself.J. Struppnoreply@blogger.com