5.0% GDP! (Happy Days)

BI ^ | 12-23-2014 | Sam Ro

[blam]

Durables Goods Data Ugly Across The Board, Worst Since Polar Vortex

[blam]

Here Is The Reason For The "Surge" In Q3 GDP

[lostboy61]

I think you should not roll a fatty first thing in the morning! Oh I remember story’s about people like you in 1929 that told everyone how the market would keep going up. Please don’t come to my hidey hole when it turns to crap.
( Dave’s not here man ) Please check BDI

[Fightin Whitey]

Thank you for saying it.

[spokeshave]

My,My. All that borrowing and money printing sure makes those statistics look good. Somewhere Mark Twain is laughing hysterically.

Ha....and Adam Smith's invisible hand has carpal tunnel syndrome from overwork.

[CincyRichieRich]

Bull crap.

[july4thfreedomfoundation]

More cooking of the books from the Federal Ministry of
Dis-Information.

[Georgia Girl 2]

Yes its all an illusion. 18%-20% is the true unemployment rate. There are 140 million people in this country of employment age and 92 million are out of work. How is that 5.6 % unemployment? 1 in 5 people are on foodstamps. If it was not for welfare, unemployment insurance and food stamps there would be soup lines a mile long on every corner.

The real indicator of what is happening is the Baltic Dry Index (BDI) and its looking bleak. We are in a global meltdown.

[Ouderkirk]

They don’t want growth...

They want static or contracting economy to achieve their Globull Warming goals.

[<1/1,000,000th%]

It’ll be revised downward again when the next quarter tanks.

[Vaduz]

Q3 GDP growth + Debt = -0

[LMAO]

You said...
“Yes its all an illusion. 18%-20% is the true unemployment rate. There are 140 million people in this country of employment age and 92 million are out of work. How is that 5.6 % unemployment? 1 in 5 people are on foodstamps. If it was not for welfare, unemployment insurance and food stamps there would be soup lines a mile long on every corner.”

There is a difference in how the elected class and media class view the economy and how average American’s are viewing it.

Although the drop in gas prices might provide some relief,albeit temporarily

[S.O.S121.500]

Sometimes you are the reason to lobby for a “Like” button around here.....

[Rodamala]

So long as Government Spending is included as a portion of GDP, the figure itself, as far as I am conserned, is MEANINGLESS.