GDP Goes Negative In Fourth Quarter

Discussion in 'Economics & Trade' started by Radio Refugee, Jan 30, 2013.

  1. misterveritis

    misterveritis Banned

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    I can look around me. You could too if your head wasn't so far up Obama's uh, well...ass.
     
  2. Iriemon

    Iriemon Well-Known Member Past Donor

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    Maybe you should stop relying on Glen and Sean for your "feelings". Fraud. Lies. RW propaganda. Republicans. Peas in a pod.

    Down here in Miami we got building cranes and construction going on all over the place.
     
  3. Sadanie

    Sadanie Well-Known Member Past Donor

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    What difference a year makes. . . doesn't it?

    Only the most extreme Republicans/Tea Party dare calling President Obama's policies a failure these days. In fact, President Obama has delivered the campaign promises made by his three main opponents in 2012!

    History will certainly remember the determination of the GOP to "make Obama fail," and history will marvel at the standing power of this President to have not only maintained his calm and his vision, but also demonstrated the impotency of the extremists in the GOP.
     
  4. Sadanie

    Sadanie Well-Known Member Past Donor

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    Correct, this is why Obama is to be admired even more, for managing to resist and circumvent at least SOME of the "death wish" the extremists in the GOP imposed on the economy with the goal to "make Obama fail!"
     
  5. misterveritis

    misterveritis Banned

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    Really? Are you creating a half million new jobs each month, I mean for people other than illegal aliens?
     
  6. Iriemon

    Iriemon Well-Known Member Past Donor

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    No.
    ............
     
  7. misterveritis

    misterveritis Banned

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    You really are in deep, aren't you?
    can you explain those charts please?

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    So we shall see. I do not believe the numbers. I talk with people all over the country every week. I do not sense the optimism one gets when the economy is growing at 5%.

    I do not believe the lies told by this government.
     
  8. Iriemon

    Iriemon Well-Known Member Past Donor

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    Gosh, the numbers conflict with your pre-ordained RW propaganda belief system and your "feelings," therefore there must be a massive government conspiracy to fix the numbers against you.

    And conservatives claim we liberals are emotional based.

    So tell us, why did Obama and the giant conspiracy fake the UR rate up in the days and months before the 2010 and 2012 elections? Why did Obama and the giant conspiracy fake a lower GDP growth rate before the 2014 elections?

    Conservatives make sense. If you ignore reality.
     
  9. dujac

    dujac Well-Known Member

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    that's because of republican obstructionism
     
  10. Iriemon

    Iriemon Well-Known Member Past Donor

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    Folks who listen to Glen and Sean and Rush for their worldview, with their political and economic interest in promoting a bad economy, wouldn't be expected to have a very optimistic view.
     
  11. FreshAir

    FreshAir Well-Known Member Past Donor

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    where do you live, here the working class pay taxes

    why does the right hate the working class so much?

    .

    .
     
  12. publican

    publican Banned

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    ???? What has Obama and the dems done for the working class? :wall:

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    And the left looks to Jon Stewart for their political insight? :alcoholic:

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    Reid has over 500 pieces of GOP legislation he never bought to the floor. Get educated.
     
  13. Iriemon

    Iriemon Well-Known Member Past Donor

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    Nope, just humor making fun of the RW nutjobs.
     
  14. Pollycy

    Pollycy Well-Known Member

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    In this post which criticizes me and misterveritis, you celebrate the publishing of statistics that trumpet growth at 3.9%, and actually I believe that it's been revised higher than that now. I said in my post that I don't dispute your statistics, Iriemon. Go back and you'll see it. What I did say, and what is true as a matter of fact, is that since Obama came into office the growth statistics had to be reduced from the initial claim. It hasn't been until 2nd-half of 2014 that we've seen anything different.

    Indeed, why not? The Federal Reserve combine has toiled away, night and day, ever since August 2007 to artificially manipulate the economy of the United States. It had key people in power positions -- Hank Paulson under Idiot Bush, Timothy Geithner under Idiot Obama, and until February of this year, there was the guiding hand of the Supreme Overlord, Ben "Helicopter" Bernanke, mangling everything to rescue and protect investment bankers and stock market gamblers. The only thing that's truly amazing about the growth "statistics" is that it took so long for the Fed to roll this thing out like they wanted it to read. Bernanke/Yellen and their "Star Chamber" in the Fed have suppressed and virtually obliterated all the laws of a free-market economy. Think I'm wrong...?

    At the mere suggestion that the Fed might allow even a tiny increase in interest rates, earlier this month the stock market plummeted downward almost a thousand points. After Janet Yellen (Bernanke without a beard) put out the message that interest rates would continue at near-zero for a while, the stock market went up almost a thousand points. But for Federal Reserve System scheming, interference, and manipulation, there is nothing! All of this gigantic FRAUD BALLOON they've created is exactly that -- a shell game, a sham, a completely manipulated economy run for the benefit of the same "1%-ers" you on the Left claim to despise so much.

    While you on the Left are patting yourselves on the back for the "growth" and Obama's big success story (even though he played no part in any of this except to be Bernanke's PR handpuppet), please at least be aware of this: in the United States, gross government debt as a percent of GDP is over 106%. No other First-World nation approaches this galling level of irresponsibility. And the underlying question is this: what happens when we finally reach the point where we cannot even afford to pay interest on this debt, to say nothing of the principle...?!

    Hiya, jac! Did you ever manage to come to an understanding of the Scientific Method? I can (and do) respect Iriemon because he is consistently fact-based, even though we do disagree frequently about what those facts mean. You? Well... there was an old saying years ago, "Just do the best you can, my darling... it won't be too good...." :smile:
     
  15. Iriemon

    Iriemon Well-Known Member Past Donor

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    Exactly, it was revised higher yet again, to 5.0%, contrary to the claims you all made about it being revised lower.

    The third quarter growth statistics weren't revised lower at all.

    Your misinformed. The Fed does not publish GDP data. The Govt (BEA) does.

    Sure stock markets like low interest rates. What is the gigantic FRAUD BALLOON you are referring to? The stock market? I have to disagree. Market P/Es are a little higher than average looking forward, suggesting the market is a bit overpriced, but nothing out of the ordinary.

    I wasn't patting myself on the back. Just pointing out yet another set of bogus predictions by our conservative friends. I see this tactic all the time whenever we get a positive new. "Oh it will be revised downward". Wrong.
     
  16. dujac

    dujac Well-Known Member

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    he's pointing out how wrong you were, again
     
  17. publican

    publican Banned

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    Leftards aren't smart enough to digest anything beyond Comedy Central.
     
  18. Iriemon

    Iriemon Well-Known Member Past Donor

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    Based on the content and quality of your posts thus far, it's clear to me you are not qualified to make such an assessment. Others can decide for themselves.
     
  19. publican

    publican Banned

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    No one put you in charge. You've been talking out of both sides of your mouth for days now.
     
  20. Iriemon

    Iriemon Well-Known Member Past Donor

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  21. publican

    publican Banned

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  22. dujac

    dujac Well-Known Member

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    show me
     
  23. publican

    publican Banned

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    Look it up
     
  24. Iriemon

    Iriemon Well-Known Member Past Donor

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    Bull(*)(*)(*)(*).

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    LOL. Bull(*)(*)(*)(*).
     
  25. FreshAir

    FreshAir Well-Known Member Past Donor

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    *********s aren't smart enough to digest anything beyond Hate Central.
     

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