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re: US economy grew at 3.5 percent rate in Q3
Posted on 10/30/14 at 8:53 am to La Place Mike
Posted on 10/30/14 at 8:53 am to La Place Mike
quote:
So on average we have had a 2% growth with a large part of the growth in the 3rd quarter coming from a ramp up in military spending. Hardly a ringing endorsement for Obama and his economic policies.
You guys can't stand it.
Good news is given showing improvement in the economy. What do you do? Try to find some reason why it's actually bad news or why it could/should have been better than it is. You're so invested in your political doctrine/dogma that you personally feel threatened. Has anyone in this thread suggested the improvement has anything to do with Obama's policies? Jeez!
Posted on 10/30/14 at 8:55 am to a want
quote:
You guys can't stand it.
When GDP was negative two quarters ago, I didnt see you starting threads about it. You're just as partisan and invested in your political dogma at the ones youre lashing out at. Grow up
Posted on 10/30/14 at 8:58 am to a want
quote:
Good news is given showing improvement in the economy. What do you do? Try to find some reason why it's actually bad news or why it could/should have been better than it is. You're so invested in your political doctrine/dogma that you personally feel threatened. Has anyone in this thread suggested the improvement has anything to do with Obama's policies? Jeez!
It is good news. Unfortunately, Obama is such a documented liar that many people are wary of the truth of what they are being told. Also, it is curious that it is his non Nobel Peace Prize ways that are a factor in the growth (I am confident the Left would not be nearly as accepting of this if this were a Republican administration).
Posted on 10/30/14 at 8:59 am to a want
Can't speak for rest but I'm just having fun with you. For 16 years of Reagan and GW any good news always had a caveat from the left and the MSM.
3.5 is getting better.
Must be the repubs in congress? Or is the economy being driven by wall street and the rich getting richer on the backs of the poor and middle class? I can't remember which
Posted on 10/30/14 at 9:05 am to a want
quote:Sure it's good news, but you have to look at at it objectively.
Good news is given showing improvement in the economy
quote:You didn't have to. You wouldn't have started this thread if it wasn't a positive for Obama.
Has anyone in this thread suggested the improvement has anything to do with Obama's policies? Jeez!
Posted on 10/30/14 at 9:15 am to RCDfan1950
Will furthermore be interesting to see if the economy continues to expand as the Republicans run Congress. Wonder how the MSM would deal with that!
Well, Fox will attribute record Christmas revenue to them even though they haven't been sworn in yet and hopefully they won't be able to do more than they done in the past 6 years - which is zero - because God forbid the national economy will look like Kansas.
Well, Fox will attribute record Christmas revenue to them even though they haven't been sworn in yet and hopefully they won't be able to do more than they done in the past 6 years - which is zero - because God forbid the national economy will look like Kansas.
Posted on 10/30/14 at 9:18 am to a want
Want...we've DOUBLED our National Debt under Obama's policy; and given (morally and practically) unsustainable subsidies to all manner of folk who burn cities if they are ever threatened with losing them. Even if/when the economy comes back, there will be pressure for interest rates to rise; and with a doubling on the serviceable debt...guess what!
The mere suggestion that a recovering economy DOES, or can, have anything to do with Obama's Socialist policy...is baseless at it's theoretical economic core. Hell yeah we'll criticize Obama's ("fundamental change") policy...because we believe it to be harmful to this Nation. Rich...and poor!
Good job though!
The mere suggestion that a recovering economy DOES, or can, have anything to do with Obama's Socialist policy...is baseless at it's theoretical economic core. Hell yeah we'll criticize Obama's ("fundamental change") policy...because we believe it to be harmful to this Nation. Rich...and poor!
Good job though!
Posted on 10/30/14 at 9:20 am to crawdaddy52
quote:
. Wonder how the MSM would deal with that!
Easy.
"Today Senator Reid praised Obama for the up tic in economic activity. Senator Reid admonished the republican led house saying the numbers would have been much better had they not been so radically anti everything".
Posted on 10/30/14 at 9:25 am to crawdaddy52
quote:
Well, Fox will attribute record Christmas revenue to them even though they haven't been sworn in yet and hopefully they won't be able to do more than they done in the past 6 years - which is zero - because God forbid the national economy will look like Kansas
Well what they will do, CD...and likely on the first day...is pass the Keystone Pipeline and lay it on Obama's desk and dare him to veto it. Because that would go a long way to getting us OUT of the ME craphole...and create of lot of REAL jobs.
Barack Obama/Harry Reid has screwed this Nation for those six years, in holding up good policy which could truly help in solving our economic woes. The Republicans had damn sure better PRODUCE...or we'll all be in the streets when the ME goes up in Islamist flames.
Posted on 10/30/14 at 9:28 am to a want
I think it will grow faster with lower fuel prices.
Posted on 10/30/14 at 9:28 am to goatmilker
I would expect with the stop in QE that soon the economy will boom as we get an increase in private investment. The stock market will drop as investors will sell publicly held stock and invest in new private companies with the mass amounts of money they've made from the market. The reason is they know the high stock market was due to federal pumping of money and not reflective of the natural flow of the markets
Posted on 10/30/14 at 9:43 am to goatmilker
quote:
Or is the economy being driven by wall street and the rich getting richer on the backs of the poor and middle class? I can't remember which
This is where the left's hypocrisy get them in trouble.
1. They chided the right for any military spending since the beginning of time. Once Obama is in office, increase in spending is a good thing?
2. Despite an increase in GDP, job growth is still abysmal. And the left's constant argument is that only the rich are getting richer, and any of that gdp growth went to rich people, because they took it from the poor. So shouldn't you lefties be appalled at GDP growth? After all, it only puts more money into the hands of the business owners. And as Hillary, Obama, and the left have repeated, business owners don't create jobs, they simply hoard cash and use automated machines to do all of the work.
3. We have been at near rock bottom for what, 5 years now? It's kind of hard to go anywhere but up. Also, while I hope for accelerated growth, the outlook doesn't look that way, unless military spending continues to rise. Spending in business decreased compared to last quarter, and could decrease next quarter.
LINK
4. How can you trust anything coming out of the government these days? The administration has proven throughout the entire presidency, that it will artificially inflate numbers, and use government agencies and positions to skew statistics towards their favor. Only a fool takes what the government says at face value.
So, a want, as much as i'd like to be positive for the growth in GDP, most of it is due to military spending, and jobless rates are still at record highs. That damned labor participation rate is still contradicting all reports out of the white house. Your boy Barry could have spurred economic growth, especially in the energy sector. He could have approved the Keystone pipeline, stopped destroying the coal energy market, and opened up federal land leases for oil/natural gas. But instead, he let lobbyists and special interests scare him away from it.
And the truth of the matter is, Obama does not want America to be the power it once was. He sees this country as the great oppressor, and he despises the US and sees us as colonialists. His upbringing and his book taught him to hate this country. If you doubt me, just read his book. It's all out there, in his own words.
Posted on 10/30/14 at 9:51 am to a want
So winter caused a decline in the economy in the first quarter, and we saw a big rebound in the spring. So why did the rate of growth decline in the third quarter?
The weather was fine, no hurricanes, oil is relatively cheap, and Obama has us on cruise control. Why the decline in the rate of growth?
The weather was fine, no hurricanes, oil is relatively cheap, and Obama has us on cruise control. Why the decline in the rate of growth?
Posted on 10/30/14 at 10:08 am to a want
While not "good news" for what I want to see in the midterm elections, this is a really good thing to see for our country. We need these (and higher growth rates), especially given the spending course on which we are charted. Consistent 4% growth can cover a lot of fiscal "sins."
Posted on 10/30/14 at 10:10 am to a want
quote:
the biggest jump in military spending in five years.
Da fuq? Didn't we just end 2 wars? What in the frick is the MIC doing now?
Posted on 10/30/14 at 10:11 am to a want
A want, you can try all you want, but Obama is underwater by 25 points in the rcp average on the economy. This recovery has not reached common people
Posted on 10/30/14 at 10:15 am to roygu
quote:
Just in time for the election??
Exactly. Its amazing some people here still believe numbers that the Obama regime puts out.
Posted on 10/30/14 at 10:17 am to a want
quote:
biggest jump in military spending in five years.
What explains this? Was it preceded by a sharp drop-off in a previous period?
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