Posts Tagged ‘recovery



06
Jul
13

Rise and Shine

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President Barack Obama shoots baskets on the White House basketball court with Justin Friedlander and his family, July 6, 2010. Friedlander, who was diagnosed with an inoperable brain tumor in March, 2009, has launched an initiative called “Justin’s Quest,” in which he will shoot 63,000 basketball shots, one for every person diagnosed with a primary brain tumor each year in the United States. (Official White House Photo by Pete Souza)

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ThinkProgress: While the unemployment rate for all veterans fell below the national unemployment rate months ago, one group of veterans — those who have served since September 11, 2001 in Iraq and Afghanistan — continued to lag behind as the rest of the job market recovered. But in the last few months, the unemployment rate for so-called Gulf War II era veterans —defined by the BLS as those who served in the Armed Forces sometime since September 2001 and have since returned to civilian life — has steadily declined, even eventually dipping below the national unemployment rate for the first time since February 2012. That trend continued on Friday, when the Bureau of Labor Statistics released its June jobs report showing that the unemployment rate for this newest group of veterans fell to just 7.2 percent last month, its lowest level ever since the BLS regularly began tracking veterans’ unemployment rates in 2009. June also marks the fifth consecutive month in which the unemployment rate for new veterans has fallen.

The unemployment rate for veterans overall still remains lower than the national average, at just 6.3 percent. A coalition of businesses and officials in the Obama administration have placed a premium on the hiring of veterans. Legislation like the VOW to Hire Heroes Act of 2011 offer businesses tax credits for each veteran a company hires and strengthens federal transition assistance programs, while companies like Tesla Motors, Southwest Airlines and JPMorgan Chase have been commended by veterans groups like the Iraq and Afghanistan Veterans of America (IAVA) for their commitment towards the hiring of returning veterans.

First Lady Michelle Obama has also made a big effort to help transition veterans into civilian jobs upon their return, most recently with the announcement of a new credentialing program that aims to help veterans acquire the necessary civilian certification for jobs in the IT industry.

More here

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Bryce Covert: Rhode Island state House voted 53-18 to pass a bill that would allow workers to take paid time off to care for a new child or a sick or injured family member. The Senate had previously passed the bill, but due to a technical change in the House version it headed back for a final vote in the Senate. That vote will send it to Gov. Lincoln Chafee’s (D) desk, who activists expect will sign it into law.

 The bill expands the state’s current Temporary Disability Insurance (TDI) program, which currently only covers those who need time off for a work-related illness or injury, to cover those who need family leave. Temporary Caregiver Insurance (TCI) will allow workers to pay into the program through a payroll deduction and then, starting January 2014, take up to four weeks of paid leave, which would rise to six weeks the year after and eight weeks by 2016. Paying into the program would cost someone making $43,000 a year 83 cents a week. The minimum weekly payment for the TDI program is currently $72 and the maximum is $752. It would cover nearly 80 percent of the state’s workforce. California and New Jersey are the only other two states that have programs similar to this one, which allow employees to pay into paid leave insurance. Connecticut also took a step toward creating such a program recently by setting up a task force to study the feasibility.

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Bryce Covert: All but 12 House Republicans voted for the Pain-Capable Unborn Child Protection Act two weeks ago, which would ban abortions in the country 20 weeks after fertilization. But for the party of supposed fiscal restraint, such a move comes with a cost. The Congressional Budget Office (CBO) scored the bill last week and found that it would increase government spending and deficits. This should surprise no one, however. Reducing access to women’s reproductive choices comes with a high price tag for taxpayers. In scoring the House bill, the CBO said, “Depending on the number of additional births under H.R. 1797, such Medicaid costs could range from about $75 million over the next 10 years to more than $400 million over that period.” The bill would increase the deficit by $75 million between 2014 and 2018 and by $225 million from 2014 to 2023. These costs are thanks to the fact that 40 percent of all births are paid for by Medicaid and additional births will drive up those costs.

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Texas, however, should know that cutting off reproductive choices can drive up the government’s costs. In 2011, state legislators slashed funding for family planning services by $73 million in an attempt to deny Planned Parenthood taxpayer dollars because it provides abortions, despite the fact that the clinics that receive state subsidies didn’t provide the service. Denying low-income women access to family planning services was going to mean the delivery of 24,000 babies that they wouldn’t otherwise have had, which were going to cost Texans as much as $273 million thanks to medical expenses and covering their infants under Medicaid. After staring down those numbers, Texas lawmakers on both sides of the aisle have started working to reinstate the funds.

More here

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Guests take pictures as President Barack Obama signs HR 4348, the Transportation and Student Loan Interest Rate bill, during a ceremony in the East Room of the White House, July 6, 2012. (Official White House Photo by Pete Souza)

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Jamelle Bouie: Today’s story from the New York Times on IRS “filtering” should be the final word on whether this was political targeting or a more mundane instance of mistakes and misjudgments from overworked bureaucrats. Of the nearly 200,000 applications for tax-exempt status the IRS received between 2010 and 2012, it flagged 22,000 for further review. Of those, just 296 came from partisan political groups. In other words, notes the Times, “most of the applications pulled aside for further scrutiny in those years had nothing to do with politics, conservative or liberal, just as most of the red flags thrown up by the I.R.S.’s lookout lists were not overtly political.”

What were some of the other groups flagged by the IRS? “Medical marijuana purveyors, organizations formed to carry out President Obama’s health care law, and open source software developers who create software tools for computer code writers and distribute them free of charge.” Unless Republicans can prove that the White House has it out for open-source developers as well as tea party activists, it’s hard to see how they continue to stand by their claims.

More here

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President Barack Obama listens during a communications planning meeting in the Roosevelt Room of the White House, July 6, 2010. (Official White House Photo by Pete Souza)

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Neil Irwin: Usually, we are among the first to insist that the monthly jobs report matters not for the wild swings it can create on financial markets but for what it tells us about the state of the U.S. economy and the employment and earnings prospects of our 300 million fellow citizens. Not today. The jobs numbers were pretty good: The nation added 195,000 positions in June, and job creation was significantly stronger than it seemed in April and May. The unemployment rate was unchanged, but more people joined the workforce. All in all, things seem to be getting better, and maybe getting better more quickly than it had seemed 24 hours ago.

More here

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Tom Kludt: The 7-year-old Virginia boy who was struck by a stray bullet while on his way to watch a Fourth of July fireworks display died Friday, according to Richmond-based NBC affiliate WWBT. Police said the accident was likely the result of someone firing a gun in the air to celebrate the holiday. It is still unknown who fired the shot.

The boy and his father were walking to watch a fireworks show in Brandermill, Va. when the youngster fell behind before suddenly dropping to the ground. His father thought his son had passed out until he noticed the bullet wound on top the boy’s head. The boy died at Virginia Commonwealth University Medical Center in Richmond, Va.

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Zoe Schlanger: A South Dakota man fell asleep on his back porch while holding a loaded handgun, and accidentally shot himself in the midsection when a relative turned on the porch light, the Daily Republic reported.

The 34-year-old man suffered minor flesh wounds and was able to transport himself to the hospital.

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TPM: Baltimore man Lassiter Basket, 82, was careful to use blanks and shoot indoors when he fired his handgun to celebrate the Fourth of July, the Baltimore Sun reported. Fragments of a blank moved through his great-granddaughter’s bedroom wall, and burned into her wrists and leg.

More here

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LOLGOP: As some debate whether this country has become more like George Orwell’s 1984 of Aldous Huxley’s Brave New World, keep in mind that for millions of Americans who have no time to debate such a lofty question, actual oppression exists. This oppression isn’t a overwhelming fear of a the Thought Police or even a steady drugging that manufactures consent. It isn’t theoretical or some slippery slope that slowly envelops true liberty. It’s a never-ending concern about survival and sustenance. It’s a need to keep children fed, clothed and well. It’s knowing that disaster lurks every time your boss is unhappy with you.

The dystopian future we may fear already exists for millions. If you’re expecting fascism to come with a cross and a flag, you’re immune — due to over or underexposure — to the actual economic feudalism that has always trapped the working poor in the country. It’s called wage slavery. The easiest way to trap someone into a life of wage slavery is deny them education and have them start a family before they can afford it. Texas Republicans have this formula for a lifetime of poverty worked out to a science.

The Texas GOP’s jihad against family planning and Planned Parenthood creates unintended pregnancies and leaves poor women with no options. This creates generational poverty and a low-wage workforce with no time to consider how the petrol-funded theocracy of the Lone Star state is designed to make the rich richer and workers less safe and more dependent on the corporations that have indentured them.

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President Barack Obama shares his strawberry pie with a boy during a lunch stop at Kozy Corners restaurant in Oak Harbor, Ohio. (Official White House Photo by Pete Souza)

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Christopher S. Rugaber: U.S. employers added a robust 195,000 jobs in June and many more in April and May than previously thought. The job growth raises hopes for a stronger economy in the second half of 2013. The unemployment rate remained 7.6 percent. That was because more people started looking for work in June — a healthy sign. Once people without jobs start looking for one, the government counts them as unemployed. Pay also rose sharply in June, the Labor Department’s monthly jobs report Friday showed. Pay has now outpaced inflation over the past year.

Stock index futures rose shortly after the report was released at 8:30 a.m. EDT. And the yield on the 10-year Treasury note jumped from 2.56 percent to 2.65 percent, a sign that investors think the economy is improving. Friday’s report showed that the economy added 70,000 more jobs in April and May than the government had previously estimated — 50,000 in April and 20,000 in May. Average hourly pay rose 10 cents to $24.01, 2.2 percent higher than a year ago. The hotels, restaurants and entertainment industry added 75,000 jobs last month. Retailers added 37,000. Temporary jobs rose 10,000. Manufacturing shed 6,000 jobs. But construction added 13,000, and health care gained 20,000.

Auto sales in the January-June period topped 7.8 million, their best first half since 2007, according to Autodata Corp. and Ward’s AutoInfoBank. Sales of previously occupied homes exceeded 5 million in May, the first time that’s happened since November 2009. New-home sales rose at their fastest pace in five years.

More here

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First Lady Michelle Obama huddles with children during a Joining Forces event with military families at Nationals Park in Washington, D.C. (Official White House Photo by Samantha Appleton)

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President Barack Obama gets a hug from a little girl as he greets Wounded Warriors and their families in the State Dining Room of the White House. (Official White House Photo by Pete Souza)

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Have A Frank Lampard Winning Streak Day! :D

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05
Jul
13

Rise and Shine

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Today:

2:30: President Obama departs Joint Base Andrews en route Camp David

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Steve Benen: U.S. job growth improves, exceeds expectations

Going into this morning, most economists projected job growth from June to be about 155,000 new jobs. With this in mind, the new report from the Bureau of Labor Statistics shows not only good news, but unexpectedly good news…..

The U.S. economy added a better-than-expected 195,000 jobs in June and employment gains for May and April were revised sharply higher, the U.S. government said Friday. The unemployment rate was unchanged at 7.6%, but the size of the labor force increased by 177,000, according to the Labor Department said.

…. Perhaps the most important – and most heartening – detail in this new report is the upward revisions for the previous two months…

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Business Insider: It’s a beat!

195K new private sector jobs was well ahead of the 165K new jobs that was expected.

More here

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Ah, funny how this didn’t get much attention….

NYT: I.R.S. Scrutiny Went Beyond the Political

In 2010, a tiny Palestinian-rights group called Minnesota Break the Bonds applied to the Internal Revenue Service for tax-exempt status. Two years and a lot of prodding later, the I.R.S. sent the group’s leaders a series of questions and requests almost identical to the ones it was sending to Tea Party groups at the time.

…. The controversy that erupted in May has focused on an ideological question: Were conservative groups singled out for special treatment based on their politics, or did the I.R.S. equally target liberal groups? But a closer look at the I.R.S. operation suggests that the problem was less about ideology and more about how a process instructing reviewers to “be on the lookout” for selected terms was applied to any group that mentioned certain words in its application.

More here

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ThinkProgress: What The Mainstream Media Misses About Texas’ Ongoing Abortion Battle

Over the past week, Texas has captured national attention with a dramatic show-down between a Republican-controlled legislature and thousands of reproductive health advocates…. but many of the narratives the media is crafting aren’t actually getting at the full scope of the story.

In addition to criminalizing abortion services after 20 weeks, the other provisions in Texas’ abortion proposals would impose harsh restrictions on abortion providers. By subjecting abortion clinics to new regulations that would force them to make expensive updates to their facilities — unnecessary measures that major medical groups, like the American College of Obstetricians and Gynecologists, oppose — Texas’ bill would force 90 percent of the state’s clinics to close their doors. That would leave just five abortion clinics in the entire Lone Star State, which happens to be the second most populous state in the country.

…. And the real catch? Outside of the debate about abortion access after 20 weeks — even outside of the fight for abortion rights altogether — the “abortion clinics” in question are often providing health services that encompass much more than helping women terminate a pregnancy. Many of them also provide preventative care, family planning counseling, STD testing, and cancer screenings. And they offer those health services to Texans of both genders who are typically uninsured.

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News Observer: Gov. Pat McCrory doled out handshakes and hailed parade-goers as he rode in this Rowan County town’s Fourth of July parade Thursday, but he wouldn’t say what he’d do about a controversial abortion bill if it reaches his desk.

That question has been on many minds in North Carolina this week, after the N.C. Senate Wednesday approved sweeping new rules that could limit abortions. The bill now goes to the N.C. House.

The legislation would require N.C. abortion clinics to meet tougher standards similar to those governing outpatient surgery clinics. As a result, critics say, it would effectively close the majority of the state’s 16 abortion clinics. It would also require doctors to be present when women take pills to induce abortions.

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Oh boy…..

Mediaite: Cardinal Nicolas de Jesus Lopez Rodriguez, the Archbishop of Santo Domingo, was a little shocked when reporters switched from questioning him about the U.S.’s openly gay nominee for Ambassador to the Dominican Republic to the subject of the regional egg trade: “We go from faggots and lesbians to this?” he said, laughing. “We’re jumping to chickens now?”….

More here

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Woah – nice voice! Chairman of the Joint Chiefs of Staff General Martin E. Dempsey sings the National Anthem at the Washington Nationals versus Milwaukee Brewers at Nationals Park on July 4:

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MooooOOOOoooorning!

PS:

03
Jul
13

Rise and Shine

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Today:

The President has no public events scheduled.

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See Steve Benen on the jobs news here

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Steve Benen: Key ‘Obamacare’ provision delayed until 2015

News from the Obama administration about the employer mandate in the Affordable Care Act caused quite a stir last night, but it’s worth pausing to appreciate the extent of the impact …. I think some of the reactions to the one-year delay have been a little excessive. Maybe it’ll be easier to tackle this in Q&A form.

* What’s the employer mandate? In practical terms, the policy name is a bit of misnomer — there is no actual “mandate.” Under the Affordable Care Act, businesses with 50 or more full-time employees are told they need to offer health care coverage to their employees, but those who choose not to pay a fairly modest tax penalty. As of last night, that penalty won’t kick in, at the earliest, before 2015.

* Won’t this mandate discourage those businesses from hiring? It’s been an important part of the criticism, but Obamacare extends all kinds of breaks to these employers to help subsidize the insurance and soften the blow of increased costs.

More here

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Spandan (The People’s View): How the Professional Left’s Blind Obama Hatred Got them Played by a Far-Right Nutjob

Some outlets reported last week that NSA leaker and fugitive Edward Snowden was caught into a bit of hypocrisy: public chat records indicate that back in the ancient times of 2009, he wanted leakers “shot in the balls.” Yeah, he said that. But that’s not all he said. Oh, no. The Technology site Ars Technica posted extensive public chat logs from Snowden, then using the monkier TheTrueHOOHA, that confirms what I had suspected since finding his campaign contributions to Glenn Greenwald’s straight crush Ron Paul.

So let’s talk about this man that has been granted hero status by the Left’s loudest prognosticators and provocateurs….

More here

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Smartypants: The scent of desperation

As we watch the Republicans in states like North Carolina, Florida, Ohio, Virginia and Texas attempt to pass draconian bills affecting things like women’s right to chose and citizen’s access to the ballot, I can’t help but say that I smell a sense of desperation. Its almost as if they know they are a dying beast and are in a hurry to do as much damage as possible prior to their demise.

They’re right….

More here

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Business Insider: MSNBC Just Had Its Most Dreadful Ratings Period In 6 Years

Despite a heavy period of news that included the Boston Marathon bombings and the Jodi Arias trial, MSNBC’s second-quarter ratings plunged to their lowest level since 2007.

…. “The Rachel Maddow Show” suffered its lowest-rated quarter in terms of total viewers since 2008. And June alone was the lowest rated month ever for Maddow in both total viewers and in the 25-54 group.

—-> New host Chris Hayes continues to pull in sluggish ratings for “All In With Chris Hayes,” which in its first full quarter on air provided MSNBC with the lowest-rated 8 p.m. hour in the 25-54 demographic since 2006.

More here

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President Obama and daughter Malia talk aboard a ferry traveling to Gorée Island, Senegal (Photo by Pete Souza)

President Obama and First Lady Michelle Obama dance with guests during an official dinner hosted by President Jacob Zuma of South Africa and First Lady Thobeka Madiba-Zumaat (Pete Souza)

Sasha Obama unlocks the door to former South African President Nelson Mandela’s cell during a tour of Robben Island Prison (Pete Souza)

See slideshow here

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On this day….

Residents greet President Obama and First Lady Michelle Obama upon their arrival at Fort McNair in Washington, D.C., July 3, 2010. (Photo by Chuck Kennedy)

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MoooOOOooorning! Hadn’t time to do a longer R&S, missing lots of newsie stuff, but will catch up later.

01
Feb
13

Nightmare Headlines for the GOP: America’s Bouncing Back (Obama’s Fault)

19
Oct
12

Rise and Shine

Cagle

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10:50: President Obama departs the White House en route Fairfax, Va.

11:45: Delivers remarks at George Mason University in Fairfax, Va. (C-Span)

11:45: VP Biden delivers remarks at a campaign event at the Sun City Community Center (C-Span)

2:0: Michelle Obama speaks to grassroots supporters at a campaign event in Racine, Wisconsin (listed by CNN)

3:30: VP Biden delivers remarks at a campaign event at Lincoln Park High School

4:45: President Obama departs the White House en route Camp David

5:15: Michelle Obama speaks to supporters at a campaign event at the University of Wisconsin-Wausau (listed by CNN)

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Cagle

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Thank you Pamela!

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BuzzFeed: Kennedy Attacked Romney For Lack Of Women At Bain In 1994 Ad: “Exclusively White And Male”

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Manchester, New Hampshire, Oct 18 (Darren McCollester/Getty)

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The Alfred E Smith Dinner, Oct 18 (Mario Tama/Getty)

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Chron: A defaced painting of President Barack Obama, across the street from The Breakfast Klub restaurant in midtown, will be redone with a new design, said the original artist, Reginald C. Adams.

…. The original mural, done during the presidential election campaign in 2008, was damaged sometime early Monday by vandals who threw red paint on the larger-than-life image across the street from the popular restaurant at Travis and Alabama.

…. Marcus Davis, the restaurant owner, said he discovered the damage when he got to work about 7 a.m. Monday.

“When this happened it was a sad occasion, and yet there was some excitement there in terms of the opportunity it presents,” Davis said. “Just as President Obama has not given up and has turned a negative into a positive, that’s the example I will follow.”

More here

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Cagle

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Morning everyone ;-)

17
Oct
12

This, That and the Other

Ohio University’s College Green, Oct 17 (@BuzzFeedAndrew)

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Business Insider

This is really the big story of the moment: The full-on comeback in everything related to consumers and households.

Let’s just break it down really fast.

1. New housing starts are shooting straight up … 2. Retail sales growth: Re-accelerating …. 3. The Unemployment Rate: Collapsing (according to the government) …. 4. And the unemployment rate is collapsing according to Gallup …. 5. And car sales are surging …. 6. Revolving Consumer Credit. Back to growth …. 7. Gallup Economic Confidence is the best since May …. 8. Consumer discretionary stocks surging towards all-time highs …. 9. Homebuilder stocks highest since 2007 …. 10. Wal-Mart has finally busted out, and surged past its 2000 high …. 11. Even more impressive: Home Depot! Surging to multi-year highs …. 12. University of Michigan Consumer Confidence hits a 5-year high …. 13. Restaurant owners are saw a recent spike up in their outlook (they’re a great measure of consumer discretionary spending …. 14. Case-Shiller home prices are clearly on the rise.

Something really big is under way!

See the post for more, including graphs

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LA Times

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Reuters: Groundbreaking on new homes surged in September to its fastest pace in more than four years, a sign the housing sector’s budding recovery is gaining traction and supporting the wider economic recovery.

Housing starts increased 15 percent last month to a seasonally adjusted annual rate of 872,000 units, beating even the most optimistic forecasts on Wall Street, Commerce Department data showed on Wednesday.

It was the quickest pace of groundbreaking since July 2008…

More here

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Steve Benen: For all the Romney/Ryan efforts to convince Americans the economy is getting worse, reality stubbornly keeps getting in the way…

Groundbreaking on new homes surged in September to its fastest pace in more than four years, a sign the housing sector’s budding recovery is gaining traction and supporting the wider economic recovery…..

…. The unemployment rate is at its best point in four years; consumer confidence is at its best point in five years; the federal budget deficit is at its best point in four years. Just this week, reports on retail sales, industrial production, and new housing construction showed sharp and unexpected improvements.

This probably isn’t what Republicans wanted to hear…..

More here

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Cedar Rapids, Iowa (AP/Carolyn Kaster)

Cornell College, Mt. Vernon, Iowa (AP/Carolyn Kaster)

(Reuters/Jason Reed)

Ohio University, Athens, Oct 17 (Reuters/Jason Reed)

More photos tomorrow

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Cagle

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