Posted on 02/28/2013 8:22:32 AM PST by Mad Dawgg
WASHINGTON (MarketWatch) - The U.S. economy grew in the fourth quarter - but just barely - instead of contracting for the first time in three and a half years, the Commerce Department said Thursday. The U.S. expanded at a 0.1% annual rate in the last three months of 2012, better than the initially reported 0.1% drop but well below the third quarter's 3.1% pace.
(Excerpt) Read more at marketwatch.com ...
Yep, they’re playing with fire. We’re the ones who will get burned. It would be nice to believe that Bernanke and Co. were well-meaning, but they’re not neutral. They’ve focused on rescuing not the financial system, but their banker friends. It’s a mess.
{{{{{{PRECEDENT BARACK OBAMA}}}}}}}}}}} <3 3< >3
“The U.S. economy grew in the fourth quarter’
1. What is “the economy.”?
2. Who is the “consumer.”?
3. How much “grew” in and around the counties of N. Virginia?
4. Who’s buying power has grown?
5. Who’s buying power has dropped?
6. Who got their salaries automatically raised?
The guys who write the laws off course.
But the downward adjustment happened in the second quarter, so therefore, the first quarter still had .1% growth, because perception is reality. Therefore, since reality was not perceived, it did not happen, so there is no recession, and we are forever at war with Eurasia.
“It’s the American public’s fault! They voted for that inexperienced neophyte Baraq Husein Ubama in 2008!” - Barack H. Obama
yeah, right... 
talk about fudging numbers again
i wouldn't believe them if they said .000001%
Woohoo let's celebrate! I'm a gonna buy me one of them thar Mursaidees Bens!!!
Nah. Consensus GDP for 1Q13 is north of 2%. Barring some disaster we were never going to have a technical recession anyway.
Hey! Maybe we can git Barack to buy one FOR us! Or at least git us a loan. No money down.
One each. I want mine in blue.
the economy has gone to crap but all these clowns want is for feces pushing sex to be legal in all states and then let them play happy famnlies whilst making the whites a minority.
ooppss guess I must be racist for pointing out that fact, ah well I couldn;t careless anymore
bump
It is noteworthy that the GDP is adjusted for “official” inflation. Since the BLS is lying through its teeth on that number, it is a safe bet that the real GDP was and is negative.
Rejoice comrades, the chocolate ration has been increased from 25 grams to 20 grams.
Since the BLS is dummying up the inflation rate numbers, I have to wonder if there really is any [genuine] growth in the GDP.
Thanks Mad Dawgg.
Bad news from Democratic rep: Sequester could cost America 170 million jobs (video)
Hotair
Posted on 02/28/2013 7:17:25 PM PST by chessplayer
http://www.freerepublic.com/focus/news/2992360/posts
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