US economy returns to growth - nice job, barack!!!

I don't blame or credit him on the GDP.
imo his roll is minuscule.

I give the Workers credit for kicking but in the workplace.

although, in my conspiracy theory paranoided mind...
much of this may just be numbers games, to try to ramp up Christmas sales.
We may hear about more corps cooking the books soon.:shrug:
 
Heh good job Minks we know yer just playin'
you edumahcated types know the real score
the truth of the coming storm.

Just as Black Tuesday heralded the plunge into the abyss
that bottomed out in 33 and remained flat till 39.

So to will we look back on these times with similar distain.

The economy isn't really going to improve till 2018
when Sarah will have a lock on her second term, get
all the credit and the Osama administration and his bunch
have become a mere footnotes in history.

You know the one that talks about how America’s first Kenyan
socolist commie president was a one termer and how we won’t
repeat that mistake again?

Won't get fooled again, no no ;)
 
2minkey said:
3rd quarter growth reported.

well it looks like it's time to give the magic fellow in the white house some credit. the economy is growing again.

if you blamed him for this economy, you better give him credit, too.
Click to expand...

So we can agree that Obama now owns the economy?

180pxmagicnegrosun.jpg
 
2minkey said:
um, yeah dude, the magic negro is our leader in all ways. :rolleyes:
Click to expand...
Its time he owns his presidency. He came to office with wonderful plans her never told about. He had "plans" for the war, plans for the economy. He even had his own plan for health care, which nobody has ever seen.

He owns it now, the economy is his baby with his radical plans. There is no blaming boosh anymore. Lets wait and see what Obama's policies bring us.

:hippy:
 
2minkey said:
yeah let's credit the american worker.... for... what? working hard? not complaining? what?
Click to expand...

I'm starting with..
Thanks to the tax payers that have been working overtime.
Thanks to the production workers, that have had a higher output.
Thanks to the workers that have been dependable.
(I'm sure I've missed some)

then, then, I'll give a little credit to the admin, and workers for the
little bit of road work from the recovery act.

damn, I sound like I just won a grammy or somethin':D
 
GDP Is..... Better Than Expected?


Current-dollar personal income decreased $15.5 billion (0.5 percent) in the third quarter, in contrast to an increase of $19.1 billion (0.6 percent) in the second.

Personal current taxes increased $4.8 billion in the third quarter, in contrast to a decrease of $119.1 billion in the second.

Eeeeehhh... those are both going the wrong way. Taxes up, income down. And...

Disposable personal income decreased $20.4 billion (0.7 percent) in the third quarter, in contrast to an increase of $138.2 billion (5.2 percent) in the second. Real disposable personal income decreased 3.4 percent, in contrast to an increase of 3.8 percent.

You can't expect the cheerleaders on CNBC to read beyond the headline numbers, and they (once again) did not disappoint in this regard. The first 20 minutes of "analysis" brought not one mention of the decease in personal income or disposable personal income, yet on a forward basis this is in fact the most important piece of information in the report.

You cannot have an economic recovery when on a q/o/q basis real disposable income is contracting at a 7.4% annual rate and worse, the spread between nominal and real income is widening, indicating that mandatory purchases such a food, energy and health care - are increasing.
Click to expand...
 
Yup Cerise odd how ‘spin’ has no effect on reality
nor those who can see through it.
We needed be concerned with a quarterly report
when all the real numbers, year over year are headed solidly down
faster then Obammies approval rating.
 
3.5%...let's see what the "adjusted" numbers are in late November.

What was the government spending part of this or is it based soley on private sector?
 
nice pics RM. yes, things were bad back then. good thing somebody came through with tents and soup to help some people out eh?

good thing someone is at least trying to do something (rather than chasing windmills across the desert) about the current economic situation too huh?

yeah! so you can put food on your family!
 
You do know where all that Porkulus money is going, Right?
It ain't goin' to anyone that needs it.
 
um, no they live down the street from me.

their little one takes a lotta ribbing at school - they of course call him "choad."
 
You must log in or register to reply here.
Back
Top