Nothing to See Here!
- The U.S. economy ground nearly to a halt in the first three months of the year, according to government data released Wednesday morning, as exports plunged and severe winter weather helped keep consumers indoors.
The gross domestic product grew between January and March at an annualized rate of 0.2 percent, the U.S. Commerce Department said, adding to the picture of an economy braking sharply after accelerating for much of last year. The pace fell well shy of the 1 percent mark anticipated by analysts and marked the weakest quarter in a year.
So that "recovery" the president and his media lackeys keep talking about? Still hasn't happened.
Labels: national politics
posted by SCC at 12:01 AM
16 Comments:
They can talk about the economy getting better all they want. When I was a kid there was factories all over the place and now there ain't. They will never convince me.
What many don't realize is that with the initial fast recovery we have experienced, an extreme slow-down, but still continued, growth is exactly what this nation needs. With slow growth, the economy can continually be evaluated and changes can made. These changes can be very small, not overly drastic, which canquickly destroy previous success.
Look back at economic growth during the Clinton years. That's how we should have stayed; a lot of these current hardships and uncertainties could have been circumvented.
That's fine. He'll just make another federal program to waste more money.
All my pretty stores on Boul Mich are just fine. That's all I care about.
Now, kees me you fool!!!!
The country is going broke but still handing out foreign aid?
Despite the bad numbers it hardly moved the stock market. Just shows you how manipulated the stock market is.
The best thing we can do is oust this so called president.
There never was a recovery. All that money the Federal Reserve engineered was used to hold up the banking system. Both parties participated in this theft. Nothing new.
Crank up the VRI and boost the CPD economy.
It's a seller's market in residential real estate. People are buying new cars again. Airlines are adding routes and buying planes because people are spending discretionary cash on trips again. We're no longer in the bottom of the well.
Best advice right now that will help the economy and help each of us is to refi the house while interest rates remain low. In a few months, they'll start to rise again, for the first time in several years. Borrow money cheap now, fix your roof or buy new windows. Invest in an income property (outside this over-regulated city) or in the market. Use the system to make yourself a little money or to better your living situation.
The American Economic System will collapse between July-September 2015.The European Union is about to implode because of their ill-advised Socialist Economic Policies that have been going on for several decades...
All propped up by quantitative easing
Commuter parking lots at the Metra stations are half empty. When W was comnander in chief they were full by 0900.
Anonymous Anonymous said...
What many don't realize is that with the initial fast recovery we have experienced, an extreme slow-down, but still continued, growth is exactly what this nation needs........
FUCKING MORON LIBTARD!
This is the kind of thinking that produces 25% youth and minority unemployment. When an economy starts rolling, YOU KEEP IT ROLLING! Thats like saying a baseball team with a lead won't bat next inning.
No wonder the country is so fucked up, are these the idiots in charge???
Sharpton and crew keep saying looters are out there because there are no jobs. If there are no jobs, ObaMAO didn't do his job, right? He can't still be blaming Bush six years later.
"Commuter parking lots at the Metra stations are half empty. When W was comnander in chief they were full by 0900.
4/30/2015 02:22:00 PM"
Because Metra is so unreliable, they choose to drive to work. If you were here last winter instead of hiding out in Fla you'd know that.
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