[blam]

""This was also much stronger than the 4.3% expected by economists."

(ahem) Still unexpected.

[VRW Conspirator]

5%...now that is truly shovel ready.

[blam]

Arab OPEC Sources Say Oil Will Be Back Above $70 By The End Of 2015

[Old Sarge]

All praise to our Lord And Savior, The Obama, The Messiah, The Won!

[Blackirish]

Just saw $1.99 gas in Nola...this economy is going to rip.

[SharpRightTurn]

“federal government spending . . . state and local government spending”

I wonder what the growth would be (even before the inevitable revision downward to come) without the bloated spending by the government behemoth.

[Texas Eagle]

Thank you Texas and North Dakota.

[allendale]

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

[Lazamataz]

I don’t believe a single thing coming from this shameless lying administration.

[VRWC For Truth]

CommieCare negated all those lies.

[Little Pig]

Going by ZeroHedge, this is actually the result of Obamacare spending. Apparently, they originally counted that spending back in Q1, but Q1 turned out to be such a disaster that they decided to just write that quarter off completely, so they pulled the Obamacare amount out of Q1, and just used it later in the year to push the numbers up.

[Captain Peter Blood]

You really believe that we had a GDP of 5%?
It’s all and illusion, how can that be with almost 100 million people out of work and not looking for work?
Take away the government safety net and The Fed and your in a depression.

[faithhopecharity]

Why’s he pumping out so much BS at us now? (What further evil could be be doing to us while we’re being fed this krapo?)

[Iron Munro]

Hey folks - here's another great investment opportunity from King Obama:

[Texas Eagle]

Hooray! What does that bring the Labor Participation Rate down to?

[Texas Eagle]

"The increase in real GDP in the third quarter primarily reflected positive contributions from PCE, nonresidential fixed investment, federal government spending, exports, state and local government spending, and residential fixed investment. Imports, which are a subtraction in the calculation of GDP, decreased," the BEA said.

Obonics to English translation: The books are cooked.

(see also: Unemployment Rate)

[lostboy61]

Folks lets work with the truth here not the magic numbers from the magic Emperor of the USSA. Unemployment C-6 18.5%, GDP .04% after removal of true inflation number. Before you go crazy remember we are talking truth here not magic dust. We as a nation are so screwed you have no ideal.

[ArcadeQuarters]

The standard of living depends on what you create and how much of it you get to keep, not how fast the government can shuffle money around.

Want to be a millionaire? Buy a paperclip from me for a $1. I’ll buy it back for $1. Repeat this a million times and we’ll both be rich! Sure we’ll owe taxes but imagine the benefit to the GDP!

[central_va]

The real economic numbers will be released on inauguration day when a republican President is sworn in.

[Mr. Jeeves]

I think there has been a 5% increase in the rate of wealth transfer from the dying middle class to the top 10%. Maybe that’s what the statistic means.

[TomGuy]

Next month, the revised figures will come out and we will see that things are not quite that rosy.

How many times has that scenario been replayed in the last 6 years?