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U.S. economy grows 3.2 pct in first three months of the year
The Washington Post ^
| April 30, 2010
Posted on 04/30/2010 5:53:37 AM PDT by MinorityRepublican
Edited on 04/30/2010 5:58:47 AM PDT by Admin Moderator.
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To: Sprite518
You are right.
But the main impact may be a weak economy in 2011.
41
posted on
04/30/2010 8:36:22 AM PDT
by
WOSG
(OPERATION RESTORE AMERICAN FREEDOM - NOVEMBER, 2010 - DO YOUR PART!)
To: Melchior
Are we really supposed to believe that the GDP is growing at an annual rate of 12%?
42
posted on
04/30/2010 8:52:38 AM PDT
by
raybbr
(Someone who invades another country is NOT an immigrant - illegal or otherwise.)
To: servantboy777
Obama, Biden, and MSM all declare “success”!
43
posted on
04/30/2010 8:58:54 AM PDT
by
princeofdarkness
("Obama Lied. Liberty, Morality, and Prosperity Died.")
To: princeofdarkness
Yeah, it's funny how the government celebrates the growth numbers, but they are mostly based off of downwardly revised data.
You can make any data look just the way you'd like.....proofs in the puddin.
To: servantboy777
what is the ifiot Bernanke goingot do when it takes another turn south? put interest rates at -5%? Oh yeah , the printing press.
To: Sprite518
since this recession/depression hit, I've not noticed huge changes in peoples lives in my area...sure there have been people who've been cut back, like my hubby, and others who have lost jobs outright.
..the govts all talk about layoffs but when it comes right down to it, they just reshuffle...
like our local school district....they announce layoffs of teachers, but then admit they're all going to be rehired elsewhere....
people like me are going to live our lives....buy spring plants and carry on with life...
we never were big on eating out or movies and haven't been to a concert in ages til tonight ( Brooks and Duns!).
46
posted on
04/30/2010 9:59:52 AM PDT
by
cherry
To: raybbr
It’s an annualized rate... the geniuses at Reuters and WaPo don’t think (or realize) that that’s a pertinent fact apparently.
To their (very small) credit, that’s the way the number is ALWAYS reported, so maybe they just forgot to remind us.
To: servantboy777
48
posted on
04/30/2010 11:21:58 AM PDT
by
griswold3
(Obama said in Quincy, Ill. "I mean, I do think at a certain point you've made enough money.")
To: SeekAndFind
So, does this mean we are beginning to turn the corner ? Better days ahead.... ? (hoping and praying this will be so for the sake of the millions of unemployed out there ).Probably by '12 when President Obama loses his job.
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