Wall Street and government cronies are the winners!
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.)
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")
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!)
To: whitedog57
5 posted on
12/05/2013 8:16:59 AM PST by
LibLieSlayer
(FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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
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
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!)
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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