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re: First Quarter GDP Down 2.9%, Not 1%

Posted on 6/25/14 at 8:40 am to
Posted by MFn GIMP
Member since Feb 2011
19515 posts
Posted on 6/25/14 at 8:40 am to
quote:

Weather's a bitch


I always love reading this excuse. No other President has ever had to deal with cold weather.

I also don't remember these cnn type articles that say 2.9% contraction isn't a bad thing when Bush was in office. I remember articles about how horrible 1% growth was.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67311 posts
Posted on 6/25/14 at 8:41 am to
quote:

I also don't remember these cnn type articles that say 2.9% contraction isn't a bad thing when Bush was in office. I remember articles about how horrible 1% growth was.


This
Posted by wickowick
Head of Island
Member since Dec 2006
45851 posts
Posted on 6/25/14 at 8:45 am to
quote:

I always love reading this excuse. No other President has ever had to deal with cold weather.


what cold weather, we are in a, non reversible global warming event, that will soon have us as hot as the sun...
Posted by UncleFestersLegs
Member since Nov 2010
11129 posts
Posted on 6/25/14 at 8:56 am to
We are going on 7 years of unprecedented monetary and fiscal stimulus. The fed's balance sheet will top $5 trillion this year and GDP last quarter was -3%.

Just think how bad it would have been without teh Beard's guidance.

Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
43204 posts
Posted on 6/25/14 at 10:02 am to
quote:

I also don't remember these cnn type articles that say 2.9% contraction isn't a bad thing when Bush was in office. I remember articles about how horrible 1% growth was.

Hell - Clinton got away with running against 'the worst economy in 50 years' while the economy was growing at 2.3% = and the medial carried his water all the way thru the election, and then helped him claim the economy was good because the public trusted him to get elected and 'fix' things.
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