U.S. CEOs in Survey Are Most Optimistic Since 2006

[Scurrilous]

<snip>

"Optimism among U.S. chief executives in the fourth quarter rose to the highest level since the start of 2006 as business leaders projected increased sales, investment and hiring, a private survey showed.

The Business Roundtable’s economic outlook index climbed to 101 after falling in the previous quarter for the first time since the beginning of 2009, the Washington-based group said today. Readings higher than 50 coincide with an economic expansion. The gauge, which increased from a third-quarter reading of 86, rose to 102 in the first quarter of 2006.

Forty-five percent of respondents said they will add to payrolls, an increase of 14 percentage points, while 80 percent said they expect sales will grow in the next six months, up from 66 percent in the third quarter. Businesses need to pick up hiring to lower an unemployment rate that’s been at 9.5 percent or higher for 16 straight months, the longest such stretch since record-keeping began in 1948.

“If demand continues to accelerate quarter after quarter after quarter, some of the uncertainty in the economy would begin to abate,” Ivan G. Seidenberg, chairman of the Business Roundtable and chief executive officer of New York-based Verizon Communications Inc., said today during a conference call."

http://www.bloomberg.com/news/2010-12-14/chief-executives-in-u-s-are-the-most-optimistic-since-2006-survey-shows.html

[Amerigo Vespucci]

1. "quarter after quarter after quarter...

...quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarter quarter after quarter after quarterquarter after quarter after quarter...

...THEN we MIGHT think about hiring. But don;t hold your breath. MERRY CHRISTMAS, B**CHES."

[madokie]

2. And the reason they are so happy is

the control of the house is back solidly in their hands. The rich control our government and have for quit some time. they used to stay in the background but dick and w dredged them up and out. They see we don't pay attention. The 'we' is the majority who don't pay attention not people like us here.

[madmax]

3. I call BULLSHIT nt

[Ichingcarpenter]

5. COUGH!!! CHOKE... GAG

If they are saying that then... there is some major SHIT ... going on.

Talk about so many possibilities..




Obama...

The riots in europe.

Unemployment

Wall street

Wikileaks

Investigation of the Fed reserve.



well, the list keeps going but ..... Its what they didn't say, and did say putting on THIS SHINY FACE of Optimism.

[Speck Tater]

4. They're just suffering "realism burnout".

In this era of peak oil, peaking resources, uncontrollable climate change, rampant overpopulation and financial collapse, being realistic is such a downer. Thye are being optimistic just to get a little relief from the gloom of all that relentless realism.

[Forkboy]

6. If the minimum wage had risen at the same rate as CEO pay it would be almost $30 today.

No wonder they're feeling good.