Economic Divisors

The Obama Boom is insatiable, my friends:

New orders for manufactured goods in June, down two consecutive months, decreased $5.1 billion or 1.2% to $406.4 billion, the U.S. Census Bureau reported today. This followed a 1.8% May decrease. Excluding transportation, new orders decreased 1.1%. Shipments, also down two consecutive months, decreased $3.5 billion or 0.8% to $411.2 billion. This followed a 1.8% May decrease. Unfilled orders, down slightly following two consecutive monthly increases, decreased $0.3 billion to $802.8 billion. This followed a 0.3% May increase. The unfilled orders-to-shipments ratio was 5.60, down from 5.61 in May. Inventories, down two consecutive months, decreased $0.5 billion or 0.1% to $520.0 billion. This followed a 0.4% May decrease. The inventories-to-shipments ratio was unchanged at 1.26.

We continue to make less and less, which matches up perfectly with the lower and lower incomes we have available to purchase it:

Private wage and salary disbursements decreased $5.2 billion in June, in contrast to an increase of $19.2 billion in May. Goods-producing industries’ payrolls decreased $8.9 billion, in contrast to an increase of $10.4 billion; manufacturing payrolls decreased $6.0 billion, in contrast to an increase of $7.8 billion. Services-producing industries’ payrolls increased $3.7 billion, compared with an increase of $8.8 billion. Government wage and salary disbursements decreased $0.6 billion, in contrast to an increase of $7.0 billion. The decline in the number of temporary workers for Census 2010 subtracted $3.4 billion at an annual rate from federal civilian payrolls in June; the hiring of additional temporary workers had added $5.7 billion at an annual rate in May. …

Proprietors’ income decreased $4.4 billion in June, in contrast to an increase of $2.2 billion in May.

And guess what's due out this Friday: the - I don't think I can contain myself - July unemployment report!  Can this Obamacovery get any better than this?

YES...IT..CAN!:

Obama's Own Economic Cheerleaders Rejoice: $391 Billion In Stimulus Produced $340 Billion In Economic Activity.

Which is a lower number than $391 billion, see. So... if Obama had actually dropped the money out of airplanes he would have gotten at least $391 billion out of it. He actually managed to lose $51 billion in the process..

But according to President Car Keys, it's Republicans who are betting on public amnesia of "recent history".

Gosh, the New Prosperity sure is fun!