Yakkstr

Man vs Machine

"Since the recession ended, businesses had increased their real spending on equipment and software by a strong 26%, while they have added almost nothing to their payrolls.

In August, new orders and shipments of “capex goods” — defined as nondefense capital goods excluding aircraft — increased by 1.1% and 2.8%, respectively. In the same month, private payrolls (adjusted for the Verizon strike) edged up a mere 62,000.

For all the talk of uncertainty, the increase in orders is a sign that companies are optimistic about the future. After all, no executive would expand production facilities if he or she thought customer demand was about to stagnate."

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report |
d6fer said over 3 years ago ...

The recession ended?

reckoner said over 3 years ago ...

Yeah, corporations are doing great.

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reckoner commented 8 days ago on
2015 State of the Union
regarding the economy: but sean, runaway inflation is going to happen anyway read the rest
reckoner commented 8 days ago on
Windows 10 to offer Cross Play?
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reckoner commented 9 days ago on
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reckoner commented 20 days ago on
Two out of Three climate scientists believe that you are a dipshit
From your link, "We are definitely accelerating the process of climate read the rest
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[Here's what we can read the rest
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reckoner commented 25 days ago on
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[this](http://krugman.blogs.nytimes.com/2015/01/01/recent-history-in-one-chart/?module=BlogPost-Title&version=Blog%20Main&contentCollection=Opinion&action=Click&pgtype=Blogs&region=Body) is also interesting and relevant. The graph is a read the rest
reckoner commented 25 days ago on
Reasons to be optimistic
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