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US economy grew just 1.0% in second quarter (Another adjusted downgrade)
AFP ^
| 8/26/2011
| AFP
Posted on 08/26/2011 10:45:50 AM PDT by tobyhill
click here to read article
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1
posted on
08/26/2011 10:45:52 AM PDT
by
tobyhill
To: tobyhill
2
posted on
08/26/2011 10:49:23 AM PDT
by
Jim Robinson
(Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
To: tobyhill
I don’t understand WTF this market rally is about.
Everywhere you look, the future is grim.
3
posted on
08/26/2011 10:49:41 AM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: tobyhill
BTW, that 1% was actually .07%
4
posted on
08/26/2011 10:50:43 AM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: mylife
Because Bernie said that they will meet 2 days in September and Wall Street expects to get some Gubermint money out of it.
5
posted on
08/26/2011 10:51:10 AM PDT
by
tobyhill
(Real Spending Cuts Don't Require Increasing The Debt)
To: mylife
I dont understand WTF this market rally is about. Everywhere you look, the future is grim.It's totally corrupted & manipulated as 99% of this once great nation.
6
posted on
08/26/2011 10:52:51 AM PDT
by
Digger
(T)
To: tobyhill
Yeah. The market dropped like a rock until he said they would blow more smoke up our *** in Sept, and then viola! We had a rally!
7
posted on
08/26/2011 10:55:52 AM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: Jim Robinson
Obama just needs to spread a little more unicorn poop and this economy will really take off.
8
posted on
08/26/2011 10:56:47 AM PDT
by
tobyhill
(Real Spending Cuts Don't Require Increasing The Debt)
To: tobyhill
Finally, a rate of growth that is sustainable. Didn’t you just hate it when growth varied between 2 and 4 percent? Made me dizzy. Now if they would just stop inventing all those new inventions!
To: tobyhill
Let’s not forget that GDP really grew 1/4% in the second quarter. The 1% figure is multiplied by 4 — annualized in the government’s terms. Exaggerated to make it sound better is the real reason.
10
posted on
08/26/2011 10:58:48 AM PDT
by
BfloGuy
(In old fashioned language, Keynes proposed cheating the workers.)
To: Redmen4ever
Yea, those Bush years of 7% growth and 4.5% unemployment was just horrible.
These are the good ole days with less than 1% growth and unemployment at 9.8% average over the past 3 years.
11
posted on
08/26/2011 11:09:13 AM PDT
by
tobyhill
(Real Spending Cuts Don't Require Increasing The Debt)
To: BfloGuy
Money line of the day:
“Bernake scrares me more than any hurricane!”
To: BfloGuy
Lets not forget that GDP really grew 1/4% in the second quarter. Let's not forget that the second quarter is when all the construction activity resumes and factories spew out inventory for fall. So the real state of the economy must really suck, (Of course most of that already is known by us flyover folks).
13
posted on
08/26/2011 11:12:07 AM PDT
by
AmusedBystander
(The philosophy of the school room in one generation will be the philosophy of government in the next)
To: tobyhill
it’s a lot worse if you look at the numbers in terms of # ounces of gold
the fiat currency is used to smooth out the fluctuations... but it’s also masking the reality
14
posted on
08/26/2011 11:18:05 AM PDT
by
sten
(fighting tyranny never goes out of style)
To: lone star annie
Love that line.
This hurricane is just another excuse for Obama to use about his horrific economy.
15
posted on
08/26/2011 11:18:11 AM PDT
by
tobyhill
(Real Spending Cuts Don't Require Increasing The Debt)
To: tobyhill
The economy has expanded just 1.5 percent SO figure this is really about 1.0% and we'll hear about it closer to the end of the year.
16
posted on
08/26/2011 12:05:59 PM PDT
by
HeartlandOfAmerica
(Geithner: Taxes on 'Small Business' Must Rise So Government Doesn't 'Shrink')
To: mylife
17
posted on
08/26/2011 12:48:56 PM PDT
by
AceMineral
(Some people are too stupid for their own good.)
To: tobyhill
I hear it makes great fertilizer...
18
posted on
08/26/2011 12:50:57 PM PDT
by
MrB
(The difference between a Humanist and a Satanist - the latter knows whom he's working for)
To: AceMineral
19
posted on
08/26/2011 1:01:52 PM PDT
by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: mylife
Which rally would that be? The one where stocks have dropped 15% since the end of July?
20
posted on
08/26/2011 1:38:40 PM PDT
by
Newtoidaho
(Fight organized crime. Vote out all incumbent Democrats!)
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