Showing posts with label chief economist. Show all posts
Showing posts with label chief economist. Show all posts

Wednesday, February 20, 2013

Economists: Romney's 12 Million Jobs Target Realistic, Even If He Loses | Synopsis

Economists: Romney's 12 Million Jobs Target Realistic, Even If He Loses

Presidents Polk, Jackson and Johnson
Presidents Polk, Jackson and Johnson by jimbowen0306
License (according to Flickr): Attribution License
Excerpt:

As the election draws closer, the economy and jobs remain top issues in the presidential race. President Obama points to the improvement in the labor market since he took office in the midst of a downward spiral. Both he and Republican presidential nominee Mitt Romney have five-point plans for improving the economy, although their strategies differ. Romney claims his leadership would greatly improve the nation's economy: "If we do those five things, our economy will come roaring back," Romney pledged at a rally in Iowa on Friday. "We will create 12 million new jobs in just four years." It sounds like a very big number — 12 million jobs — especially coming out of a deep recession followed by three years of what many have described as lackluster job growth. But it's not as ambitious as it sounds.

People:

Mitt Romney

Overall Sentiment: 0.166883

Relevance: 0.876886

SentimentQuote
0.112649Romney claims his leadership would greatly improve the nation's economy: "If we do those five things, our economy will come roaring back," ...
0.145931Romney claims his leadership would greatly improve the nation's economy: "If we do those five things, our economy will come roaring back," Romney pledged at a rally in Iowa on Friday. "We will create 12 million new jobs in just four years."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0.25858
  • Mean: 0.12929
  • Standard Deviation: 0
Disambiguation: Politician | CompanyFounder | TVActorReferences:

Mark Zandi

Overall Sentiment: -0.061647

Relevance: 0.609314

SentimentQuote
0"The 12 million jobs has been my forecast for quite some time," says Mark Zandi, ...
-0.0822051"Cold hard facts. Politics completely aside. I'm just doing the numbers," says Zandi.
0.0997497"Cold hard facts. Politics completely aside. I'm just doing the numbers," says Zandi. "I feel confident that we're going to create 12 million jobs over the next four years and we're going to feel a lot better about this economy, regardless of who is president."
-0.0970915"The housing cycle's going to kick into gear. A lot more homes are going to be built, office buildings, retail space. House prices are going to rise," says Zandi.
0.0190484"The housing cycle's going to kick into gear. A lot more homes are going to be built, office buildings, retail space. House prices are going to rise," says Zandi. "That's going to lift consumer spending and retailing and leisure and hospitality, and this is going to create a lot of jobs."
Sentiment Stats:
  • Number of Quotes: 5
  • Aggregate Sentiment: -0.0604985
  • Mean: -0.0120997
  • Standard Deviation: 0

John Taylor

Overall Sentiment: 0.0884753

Relevance: 0.486508

SentimentQuote
0.235656"It's a solid estimate. It's a robust estimate. It's something that can be done with the right policies," Taylor says. ...
0"If we have that kind of recovery again, the prediction is you'd get about 12 million jobs. So that's one way to think about this," Taylor says. ...
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0.235656
  • Mean: 0.117828
  • Standard Deviation: 1.7320508075689

Joel Prakken

Overall Sentiment: 0.107625

Relevance: 0.483376

SentimentQuote
0"That is not based on anyone's particular set of economic policies," Prakken adds. ...
0"It's not a projection that's incredible. It's just that it might happen anyway," Prakken says. ...
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0
  • Mean: 0
  • Standard Deviation: 0

Obama

Overall Sentiment: -0.138144

Relevance: 0.407232

Disambiguation: Politician | President | Appointer | AwardWinner | Celebrity | PoliticalAppointer | U.S.Congressperson | USPresident | TVActorReferences:

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

City: Romney

Overall Sentiment: 0.0205556

Relevance: 0.391683

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Thursday, January 31, 2013

U.K. economy moves closer to triple dip recession | Essentials

U.K. economy moves closer to triple dip recession

Euro Crisis Infographic: Greek GDP as a Percentage of GDP vs Greek Unemployment
Euro Crisis Infographic: Greek GDP as a Percentage of GDP vs Greek Unemployment by EuroCrisisExplained.co.uk
License (according to Flickr): Attribution License
Excerpt:

LONDON Britain's economy contracted by a worse-than-expected 0. 3 percent in the last three months of 2012, raising the possibility that it might fall back into recession for the third time since the global financial crisis. The Office for National Statistics said Friday that there was no growth in the nation's big services industry while output of production industries fell by 1. 8 percent, including a 1. 5 percent drop in manufacturing. At Davos, new year brings renewed optimism U.K. to clamp down on corporate tax avoidance Experts warn of "perfect storm" for world economy Britain emerged from a nine-month recession in the third quarter, when GDP grew by 0. 9 percent. But if the economy shrinks again in the first quarter of 2013, it will be officially back in a technical recession, defined as two consecutive quarters of economic contraction.

People:

Britian

Overall Sentiment: 0.0875053

Relevance: 0.354244

SentimentQuote
-0.333022"Significantly, GDP was flat year-on-year in the fourth quarter of 2012. GDP was also flat over 2012 as a whole as a number of distortions lead to fluctuating quarter-on-quarter GDP through the year," he said.
-0.184696"What is blatantly evident is that the economy continues to find it very hard to generate even modest sustainable growth," he said. ...
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: -0.517718
  • Mean: -0.258859
  • Standard Deviation: 0

Olivier Blanchard

Overall Sentiment: 0

Relevance: 0.315209

SentimentQuote
0"Our early advice is still very much there," Olivier Blanchard said ...
-0.262656"Our early advice is still very much there," Olivier Blanchard said on Wednesday. "If things look bad at the beginning of 2013, there should be reassessment of fiscal policy. We still believe that."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: -0.262656
  • Mean: -0.131328
  • Standard Deviation: 1.7320508075689

Howard Archer

Overall Sentiment: 0.181717

Relevance: 0.28906

George Osborne

Overall Sentiment: -0.039478

Relevance: 0.262503

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

FieldTerminology: GDP

Overall Sentiment: -0.126662

Relevance: 0.861452

Country: Britain

Overall Sentiment: -0.319784

Relevance: 0.493551

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