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re: Meanwhile, 2014 1st Quarter GDP 0.1%

Posted on 4/30/14 at 9:50 am to
Posted by GumboPot
Member since Mar 2009
119030 posts
Posted on 4/30/14 at 9:50 am to
Do people realize that 0.1% is essentially NO growth. After its last revision I fully expect 1Q14 GDP to be negative. And if 2Q14 falls negative, can Obama say "recession"?
This post was edited on 4/30/14 at 9:56 am
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73479 posts
Posted on 4/30/14 at 9:57 am to
quote:

Do people realize that 0.1% is essentially NO growth.
Yes
quote:

After its last revision I fully expect 1Q14 GDP to be negative. And if 2Q14 falls negative, can Obama say "recession"?
Republicans fault.
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