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Wall Street and government cronies are the winners!
1 posted on 12/05/2013 8:03:17 AM PST by whitedog57
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To: whitedog57

The increase was driven by inventory stockpiling. Without that, the growth was 1.9% [less than 0.5% for the quarter]. And even that is just being held up by the printing of money to buy government debt.


2 posted on 12/05/2013 8:05:29 AM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: whitedog57

I can see it tonight screaming on all the MSM outlets:

RECOVERY FOR WALL $TREET BUT NOT MAIN STREET!!!!

/s


3 posted on 12/05/2013 8:10:55 AM PST by nascarnation (Wish everyone see a "Gay Kwanzaa")
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To: whitedog57

I hate to tell you this but 3.6% is a fabricated lie and corrupted by 85 billion dollars of borrowed dollars being pumped into the economy by the crooks that really run it.


4 posted on 12/05/2013 8:16:21 AM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: whitedog57

EVERY MONTH!


5 posted on 12/05/2013 8:16:59 AM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: whitedog57
duhhh...send home the invaders and the legal immigrants who are taking jobs from US workers and depressing wages. Next step, cut back on the taxes and regulations, allowing people to start small businesses.

Personal incomes will rise overnight. It's a supply and demand thing.

The good news is that this should be a definitive argument for enforcing laws to stop the invasion of the US.

6 posted on 12/05/2013 8:19:49 AM PST by grania
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To: whitedog57

Average people are spending less to save up for medical costs or because more money is siphoned into health insurance.
Those with money are buying real estate because its value goes up with inflation as can rents to a degree.


8 posted on 12/05/2013 9:30:10 AM PST by tbw2
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To: whitedog57

Remember that is the new and improved GDP measure. Early in the year they revised the measurement process to include “subjective” values to prop up the figures so as not to look disastrous. Realistically, we are in a Depression.


9 posted on 12/05/2013 9:32:00 AM PST by RetiredTexasVet (Some people might call it a confidence game or swindle, others call it ObamaCare!)
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To: whitedog57
What is “real” GDP? Is that GDP minus QE? If not the figure is totally bogus. Like Chinese GDP.
12 posted on 12/05/2013 10:56:29 AM PST by prof.h.mandingo (Buck v. Bell (1927) An idea whose time has come (for extreme liberalism))
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