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What's Wrong With This Chart?

Tyler Durden's picture




 

Presented with little comment...

via Bloomberg's Consumer Comfort Survey

As Bloomberg reports...

Compare This:

The fewest Americans in almost a year say the economy is getting better as faster wage gains remain a missing element in the expansion.

 

“Confidence still is subpar, marked by deep and persistent concerns about the national economy overall,” said Gary Langer, president of Langer Research Associates LLC in New York, which produces the data for Bloomberg. “Stagnant incomes and lingering weakness in the job market are real challenges.”

To this:

A pickup in hiring this year is brightening spirits for the jobless. Today’s comfort index showed sentiment among unemployed Americans increased to 34.3 last week, the highest since the end of 2007, from 31.5.

*  *  *

It seems it's good to be a rich asset-owner in America... and to be an unemployed welfare recipient... Mission Accomplished Fed/Obama

 

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Thu, 09/18/2014 - 12:50 | 5230540 sunny
sunny's picture

Change we can believe in.

Thu, 09/18/2014 - 12:58 | 5230573 Divided States ...
Divided States of America's picture

Consumer Comfort for the Unemployed???? WTF...thats like saying Consumer Top TV Shows for the Blind.

Yeah the current middle class has 2 choices....Join in on these rigged markets to become the 1% or do nothing, live your normal life and regress to join the 99%.

Thu, 09/18/2014 - 13:08 | 5230616 Boris Alatovkrap
Boris Alatovkrap's picture

Famous American Benyamin Franklin is once say, "Poverty is should be uncomfortable so as poor citizenry is not want to be poor".

... or maybe is Yogi Bera?

Thu, 09/18/2014 - 13:12 | 5230628 CCanuck
CCanuck's picture

or may is be Russian Bera?

 

s/

 

Nice to see you Boris ;-)

Thu, 09/18/2014 - 13:21 | 5230658 Divided States ...
Divided States of America's picture

Boris probably just came back from a covert op in Ukraine. He can probably tell us what really is going on over there....the truth I mean.

Thu, 09/18/2014 - 13:24 | 5230668 NidStyles
NidStyles's picture

Everyone knows the Russians have invaded the Ukraine in an act of aggression. After all, they wouldn't say on the news if it were not true...

Thu, 09/18/2014 - 14:05 | 5230790 Headbanger
Headbanger's picture

Nyet!

Is Russian invited to visit Ukraine to boost lagging economy !

Thu, 09/18/2014 - 14:08 | 5230805 TeethVillage88s
TeethVillage88s's picture

Sunny; This bill passed the House yesterday...

H.R.24 - Federal Reserve Transparency Act of 2013113th Congress (2013-2014)

Sponsor: Rep. Broun, Paul C. [R-GA-10] (Introduced 01/03/2013)
Committees: House - Financial Services; Oversight and Government Reform
Latest Action: 09/17/2014 On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 333 - 92 (Roll no. 504).
Major Recorded Votes: 09/17/2014 : Passed House

Senate Majority Leader Harry Reid, who had previously indicated support for such an audit, reversed himself in 2012 and said he wouldn’t let the bill come to to the Senate floor.

Senate Bill:
S.209 - Federal Reserve Transparency Act of 2013
Sponsor: Sen. Paul, Rand [R-KY] (Introduced 02/04/2013)
Latest Action: 02/07/2013 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 12.

Thu, 09/18/2014 - 15:08 | 5231015 Quinvarius
Quinvarius's picture

They don't need a vote to audit the Fed.  Any committee has the right to issue subpeonas and conduct investigations as part of their oversight role "BEFORE" making law.  The House or the Senate can do this audit as an investigation now. 

Thu, 09/18/2014 - 12:57 | 5230576 zaphod
zaphod's picture

And pretty soon we will only have unemployed welfare "recipients" and rich asset owners. The circle back to feudalism is almost complete. It's so close the NWO can taste it.

Thu, 09/18/2014 - 12:52 | 5230549 Government need...
Government needs you to pay taxes's picture

Gotta keep the free shit army well-supplied!  Midterm elections coming up, and Diebold can't do all the work.

Thu, 09/18/2014 - 13:09 | 5230624 Boris Alatovkrap
Boris Alatovkrap's picture

Diebold or die trying. New Amerika mantra for liberty.

Thu, 09/18/2014 - 13:20 | 5230652 SheepDog-One
SheepDog-One's picture

Sounding like new Boris Willis filming.

Thu, 09/18/2014 - 15:16 | 5231063 A Nanny Moose
A Nanny Moose's picture

How does one say Yippie Ki Yay Motherfucker in Russian?

Thu, 09/18/2014 - 12:55 | 5230561 pods
pods's picture

Wait till the dollar dies, the FSA here will morph into ISIS and tear this place down.

pods

Thu, 09/18/2014 - 14:09 | 5230810 quasimodo
quasimodo's picture

I think the real ISIS is in much better physical shape than the FSA ISIS.

Last time I checked I could outrun a little rascal....and that model had overdrive.

I'll be the one dangling my fishing pole from the roof with a twinkie or hotpocket on the hook. 

Thu, 09/18/2014 - 12:55 | 5230562 LawsofPhysics
LawsofPhysics's picture

What's wrong?  In a society where collecting SNAP and section 8 housing (to keep up the appearance that JPM and other corporates are solvent) is considered a full time job...

nothing.

Looks to me like the MIC wants their pound of "taxpayer" flesh now too...

Thu, 09/18/2014 - 13:18 | 5230648 youngman
youngman's picture

and JPM has the mortgage on that Section 8 housing.....they keep making money even as they lose customers..

Thu, 09/18/2014 - 12:56 | 5230569 q99x2
q99x2's picture

That is a very accurate take on the current conditions except for the fools that are still working.

Thu, 09/18/2014 - 12:56 | 5230571 pupton
pupton's picture

As long as you don't have to work for a living and pay taxes, things are great!

Thu, 09/18/2014 - 14:15 | 5230833 darteaus
darteaus's picture

Michelle Obama says it's hard.

Thu, 09/18/2014 - 15:11 | 5231035 Osmium
Osmium's picture

She sure as hell isn't talking about POTUS when whe said that.

Thu, 09/18/2014 - 17:31 | 5231533 darteaus
darteaus's picture

That's Reggie's job!

Thu, 09/18/2014 - 12:57 | 5230572 Dungholio
Dungholio's picture

What difference does it make.....

Thu, 09/18/2014 - 12:57 | 5230574 WOD
WOD's picture

and I would have been able to get away with it, if it wasn't for you meddling teenagers!

Thu, 09/18/2014 - 13:00 | 5230590 buzzsaw99
buzzsaw99's picture

i believe it. working people are the ones hurting. the free shit army is doing great.

Thu, 09/18/2014 - 13:08 | 5230617 Glass Seagull
Glass Seagull's picture

 

 

Government.subsidized.demand.for.food.phones.and.gasoline.

Thu, 09/18/2014 - 13:21 | 5230655 ClowardPiven2016
ClowardPiven2016's picture

maybe my son's tshirt slogan was right after all..."jobs are for suckers"

Thu, 09/18/2014 - 13:25 | 5230670 Son of Captain Nemo
Son of Captain Nemo's picture

My, but the acts of desperation are clearly getting more noticeable by those that run it with each passing day!

Thu, 09/18/2014 - 13:26 | 5230679 B2u
B2u's picture

I wonder how many SNAP cards I can get....

Thu, 09/18/2014 - 13:28 | 5230684 docmac324
docmac324's picture

Yea, like Jesus was allergic to fish.

Thu, 09/18/2014 - 14:02 | 5230774 Salsipuedes
Salsipuedes's picture

Time for Ireland to secede.

Thu, 09/18/2014 - 18:31 | 5231790 Eireann go Brach
Eireann go Brach's picture

Fucking bullshit, maybe in Dublin only. The rest of the country is in the shitter!

Thu, 09/18/2014 - 13:52 | 5230736 carbonmutant
carbonmutant's picture

Obviously the pollsters aren't asking the right questions....

Thu, 09/18/2014 - 14:02 | 5230780 brown_hornet
brown_hornet's picture

Boris-

Is good to be seen by you. Missed you we did comrade.

Thu, 09/18/2014 - 14:04 | 5230785 Yen Cross
Yen Cross's picture

     I've seen variations of this movie before, of which none ended well.

Thu, 09/18/2014 - 14:07 | 5230801 Spungo
Spungo's picture

This will end well

Thu, 09/18/2014 - 14:24 | 5230852 mt paul
mt paul's picture

as in 

a deep hole in the ground

 

with water in the bottom ..

Thu, 09/18/2014 - 14:18 | 5230838 Tsar Pointless
Tsar Pointless's picture

You have to remember - these are Americans we're talking about here. The same people who can hold the idea that they are "free" in their minds at the same time that they hold all kinds of anti-free ideals.

Freedom. Just another word for nothing to lose.

Thu, 09/18/2014 - 14:45 | 5230916 Ginsengbull
Ginsengbull's picture

You butchered Janice Joplin's line.

 

I have a better saying, from Axel Rose...

 

Remember what you see, You'll take it eventually. You can have anything you want, but you better not take it from me.

Thu, 09/18/2014 - 14:22 | 5230849 mt paul
mt paul's picture

the dollar will soon be

 

a free currency ...

Thu, 09/18/2014 - 14:37 | 5230887 DarthVaderMentor
DarthVaderMentor's picture

This chart is a classic example of a prelude to a revolution by the people against the inflexible TPTB.

Thu, 09/18/2014 - 15:02 | 5230988 El Hosel
El Hosel's picture

.... Everything is fine, why else would gold be going down every day for a few years? Its a peach, hon.

Thu, 09/18/2014 - 15:05 | 5231007 SillySalesmanQu...
SillySalesmanQuestion's picture

This chart looks a lot like some others that have been overlaid and been posted recently...a divergence from reality.

Thu, 09/18/2014 - 22:13 | 5232519 Ban KKiller
Ban KKiller's picture

Free shit army! Join now and collapse the system.

Do NOT follow this link or you will be banned from the site!