GDP Goes Negative In Fourth Quarter

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

  1. TheTaoOfBill

    TheTaoOfBill Well-Known Member

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    Costs are of course relevant. The goal is maximum out put for minimum cost. And tax cuts have already shown to have a far weaker output than a targeted stimulus spending campaign. There is very little disagreement on where spending should be targeted in the economics community. It's mostly the political circles that disagree.
     
  2. Radio Refugee

    Radio Refugee New Member

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    It's mocking. It's pointing and laughing at the fools that support this fraud of a president.

    And it's freeeeeekin sad to see my beloved country ruined by the likes of you.
     
  3. TheTaoOfBill

    TheTaoOfBill Well-Known Member

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    Are you reading data to back this up? Or are you just spouting raw ideology because you're too lazy or unintelligent to look at the data. Government spending is down. Private sector spending is up. This is not me saying that. This is the data saying that.
     
  4. bnbdnb

    bnbdnb New Member

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    They can be equally effective (tax cuts, stimulus). I won't argue philosophically on how stimulus would be best served for different interest groups. Just numbers please.

    Yep. And thats where it will always be.
     
  5. Radio Refugee

    Radio Refugee New Member

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    It's 100% confirmation of executive FAIL! In SPADES.

    Obama is THE MAN. THE MAN HAS FAILED.

    All of America is wallowing in his pervasive fail and not a single supporter of the scumbag will own their portion of the fail.

    Y'all disgust me.

    .
     
  6. Iriemon

    Iriemon Well-Known Member Past Donor

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    Exactly why you all are so thrilled with bad news.

    Those invested in failure for political purposes thrill over any economic bad news so they can mock and gloat. It is evident in every post.
     
  7. bnbdnb

    bnbdnb New Member

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    You don't gloat that stocks are at new highs, making the 10% even richer? Don't be a hypocrite.

    If you thought about your own line of thinking, you'd realize that the bottom 90% of people in this country don't really give a (*)(*)(*)(*) about stocks.
     
  8. bdtex

    bdtex Member

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    Didja dig into the report and look at private sector vs. public sector? In the private sector there was growth. Contraction was in the public sector. Guess where the cuts are in the sequester that the House GOPs now say they'll let happen?
     
  9. Iron River

    Iron River Well-Known Member

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    This is total progressive/liberal babble. You have no evidence that most or even half of the 1% that you hate so much have off shore accounts. Even if they do, those accounts are not stagnant pools of cash. They are accounts that are used to invest money in this country and around the world. You may not like the idea that a dime of some other person's money may be invested in another country but I haven't heard you whining about the billions that BH Obama gave to Brazil to help them drill for the dreaded oil and gas. BHO claimed that the money was so that Brazil could buy drilling equipment from us but we have no way of knowing what happened to the money.

    This is total progressive/liberal babble. You have no evidence that most or even half of the 1% that you hate so much have off shore accounts. Even if they do, those accounts are not stagnant pools of cash. They are accounts that are used to invest money in this country and around the world. You may not like the idea that a dime of some other person's money may be invested in another country but I haven't heard you whining about the billions that BH Obama gave to Brazil to help them drill for the dreaded oil and gas. BHO claimed that the money was so that Brazil could buy drilling equipment from us but we have no way of knowing what happened to the money.

    Conservatives have a lot of reasons to oppose BH Obama so we would love to see the economy grow in spite of BHO.
     
  10. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    LOL

    Are you people going to continue to run with that excuse for 4 MORE years?

    Jesus Christ.

    When Obama won, I said "Ok, you got your way, now fix this (*)(*)(*)(*), and stop making excuses".

    What happens? They keep making excuses.

    We are doomed. Too many (*)(*)(*)(*)ing percieved victims in the (*)(*)(*)(*)ing country. (*)(*)(*)(*)ING FIX IT! OBAMA HAS HAD THE CHANCE OVER AND OVER AND OVER...

    Right now, he is concentrating his efforts on:

    1. Amnesty
    2. Gun Restrictions
    3. (Something other than the economy)


    Get real dude. Seriously.
     
  11. Eighty Deuce

    Eighty Deuce New Member Past Donor

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    "Wishing the economy will get better" does not work, although in liberal la-la land, I understand that the dream lasts a bit longer ... ;)
     
  12. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Because our country operates in a vacuum and we can simply print money without considering the value?

    Unbelievable.

    So Bill. WHy don't we just print enough paper money to hand every citizen in our country a million bucks.

    That would solve the problem right?

    You people have no clue.
     
  13. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    Maybe, Just maybe, Obama and pals are actually destroying America on purpose.....

    Theyre way too smart to destroy America by accident....
     
  14. Radio Refugee

    Radio Refugee New Member

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    It seems unarguable that American economic pain only strengthens the position of the scumbag Dems. The press endlessly trots out the administration lies in the form of a narrative and editorials. They can't ever lose.

    Only America loses.
     
  15. Serlak2007

    Serlak2007 Well-Known Member

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    If you don't know what you are talking about they why talk about it? Ask people who know something on the subject. It is a fact that every $1 spend in economy will generate $5 of GDP. Go learn something instead of listening to Rush and Fox "News"...
     
  16. Oldyoungin

    Oldyoungin Well-Known Member

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    Lol ... If its a fact, why are we 17 trillion in debt ??
     
  17. Iriemon

    Iriemon Well-Known Member Past Donor

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    You love video clips. Here's a good one for you on why this recovery, like the one before it and the one before it, have been sluggish:

    https://www.youtube.com/watch?v=JTzMqm2TwgE
     
  18. webrockk

    webrockk Well-Known Member Past Donor

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    Lol.... ok, buddy.
     
  19. Serlak2007

    Serlak2007 Well-Known Member

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    Tax cuts dummy, help other countries, nation building, redistribution of wealth to areas of economy where money stop.
     
  20. Iriemon

    Iriemon Well-Known Member Past Donor

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    Sorry. I didn't vote for Bush and the Republicans in 2001. You must have me confused with someone else.

    - - - Updated - - -

    Sorry. I didn't vote for Bush and the Republicans in 2001. You must have me confused with someone else.
     
  21. Oldyoungin

    Oldyoungin Well-Known Member

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    Any proof or is this just your opinion and a personal attack combined ?
     
  22. Iriemon

    Iriemon Well-Known Member Past Donor

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    Here's why this economic recovery, like the one before it and the one before it have been sluggish:

    https://www.youtube.com/watch?v=JTzMqm2TwgE

    - - - Updated - - -

    No, I gloated over our conservative "experts" here claiming the stock market would crash since Obama got re-elected.

    Making stuff up again, are we?
     
  23. Serlak2007

    Serlak2007 Well-Known Member

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    It is logic. If you spend money that you don't have and give tax cuts (which is cutting ROI on money invested) you lowering your revenue from all sources and grow deficit.
     
  24. Iriemon

    Iriemon Well-Known Member Past Donor

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    How is money sitting in offshore bank accounts being invested and used in this country when banks aren't lending?

    We don't need more money sitting in offshore bank accounts. We need more spending. And when we've redistributed a trillion dollars a year of the nation's income from the middle classes to the 1%, the middle classes, the great engine of spending and thus economic growth, don't have the money to spend.

    Here's a 2 minute video clip summarizing it. https://www.youtube.com/watch?v=JTzMqm2TwgE
     
  25. Oldyoungin

    Oldyoungin Well-Known Member

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    and you dont think over spending is a problem ?
     

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