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The American Consumer Has Offset The Entirety Of The Economic Fallout From The Global Slowdown
BI ^
| 9-28-2015
| Elena Holodny
Posted on 09/28/2015 1:58:13 PM PDT by blam
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1
posted on
09/28/2015 1:58:13 PM PDT
by
blam
To: blam
Until quietly adjusted downward later next month...
2
posted on
09/28/2015 1:59:39 PM PDT
by
SZonian
(Throwing our allegiances to political parties in the long run gave away our liberty.)
To: blam
If the country is doing so good why is the middle class doing so poorly?
3
posted on
09/28/2015 2:01:47 PM PDT
by
Iron Munro
(Proverbs 21:20 - The wise have stores of food and oil but a foolish man devours all he has))
To: blam
Stocks Get CrushedStocks had a fifth straight day of declines on Monday. Biotechs got smacked again, and the iShares Nasdaq Biotechnology ETF fell by as much as 6%; last week was the worst for the sector in four years.
First, the scoreboard:
Dow: 16,001.26, -313.41, (-1.92%)
S&P 500: 1,881.08, -50.26, (-2.60%)
Nasdaq: 4,541.03, -145.46, (-3.10%)
(snip)
4
posted on
09/28/2015 2:02:05 PM PDT
by
blam
(Jeff Sessions For President)
To: blam
I think there will be a few negative “unexpected”s in our near future.
This is good news.
For one Donald Trump.
5
posted on
09/28/2015 2:02:16 PM PDT
by
cicero2k
To: Iron Munro
The top line number may be accurate, but the wealth is biased heavily toward the crony capitalists.
6
posted on
09/28/2015 2:03:54 PM PDT
by
nascarnation
(C. Edmund Wright says I'm a moron)
To: blam
7
posted on
09/28/2015 2:05:34 PM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: nascarnation
8
posted on
09/28/2015 2:07:43 PM PDT
by
Iron Munro
(Proverbs 21:20 - The wise have stores of food and oil but a foolish man devours all he has))
To: blam
[The US economy grew at a 3.9% pace in the second quarter.]
9
posted on
09/28/2015 2:07:51 PM PDT
by
SaveFerris
(Be a blessing to a stranger today for some have entertained angels unaware)
To: Iron Munro
10
posted on
09/28/2015 2:11:06 PM PDT
by
sauropod
(I am His and He is mine.)
To: blam
If you believe this is anywhere near accurate wait two to three weeks. :-)
11
posted on
09/28/2015 2:12:56 PM PDT
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
To: cicero2k
12
posted on
09/28/2015 2:13:37 PM PDT
by
blam
(Jeff Sessions For President)
To: blam
They are including “healthcare spending” in their stats. This is 0bamacare spending that was ruled a tax by the courts.
What other taxes are they counting as “consumer spending”?
13
posted on
09/28/2015 2:13:43 PM PDT
by
wrench
To: cicero2k
14
posted on
09/28/2015 2:14:03 PM PDT
by
laplata
( Liberals/Progressives have diseased minds.)
To: wrench
Hey, its a tax when they want it to be and its spending when they want it to be. Who are we to judge?.,.
15
posted on
09/28/2015 2:15:42 PM PDT
by
uncitizen
(Make America Great Again!)
To: blam
And when they have a bunch of unemployed males sitting around in China, their next job will be marching into downtown Taipei.
16
posted on
09/28/2015 2:15:56 PM PDT
by
dfwgator
To: blam
The world economy stinks and inflation and the cost of living increased and is now being counted as growth.
Food and shelter, health care costs have increased.
Fuel has gone down and offsets the suffering a bit.
What a sham the government book cookers put fourth.
17
posted on
09/28/2015 2:16:59 PM PDT
by
right way right
(May we remain sober over mere men, for God really is our one and only true hope.)
To: uncitizen
Perhaps getting robbed at gunpoint is also counted as “consumer spending”.
18
posted on
09/28/2015 2:18:29 PM PDT
by
wrench
To: blam
the rise in the GDP was led by consumer spending on healthcare, food services, and accommodation.
BI flubs it again. Rising costs of food, housing and medicine isn't economic growth, it's inflation.
19
posted on
09/28/2015 2:18:45 PM PDT
by
867V309
(Trump: Bull in a RINO Shoppe)
To: dfwgator
Or heading to the mideast to encourage their oil supplier to offer discount prices.
20
posted on
09/28/2015 2:19:39 PM PDT
by
nascarnation
(C. Edmund Wright says I'm a moron)
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