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Economy Shrinks…Obama & Pals Blame Republicans
This is a discussion on Economy Shrinks…Obama & Pals Blame Republicans within the Politics forums, part of the US Discussion category; Economy Shrinks…Obama & Pals Blame Republicans By: Curt Another ‘who woulda thunk it’ moment: The U.S. economy posted a stunning drop of 0.1 percent in ...
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02-01-2013, 10:28 AM
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| Economy Shrinks…Obama & Pals Blame Republicans Economy Shrinks…Obama & Pals Blame Republicans By: Curt  Another ‘who woulda thunk it’ moment: The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles. Get outta here! You mean with businesses fretting over the unknown cost of ObamaCare, with taxes being raised for almost every American, and government spending continuing to spiral out of control that our economy is contracting? Shocking! [Excerpt] Read more: Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces  |
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02-01-2013, 10:38 AM
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Quote: Originally Posted by Wehrwolfen  Economy Shrinks…Obama & Pals Blame Republicans By: Curt Another ‘who woulda thunk it’ moment: The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles. Get outta here! You mean with businesses fretting over the unknown cost of ObamaCare, with taxes being raised for almost every American, and government spending continuing to spiral out of control that our economy is contracting? Shocking! [Excerpt] Read more: Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces
__________________ The left hates me almost as much as the right. |
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Dubya (02-01-2013) | ||
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02-01-2013, 10:55 AM
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| This is why I maintain, and will continue to, that Obama is a failure as a leader. The man is an amazing Politician but as a leader he is one of the worst I have ever seen. The first step to being a leader is taking responsibility. Obama never will.
__________________ Quote: You built a house of cards And got shocked when you saw them fall Quote: If you go lookin’ for hot water Don't act shocked when you get burned a little bit If you really want some hot water I can help you find it, oh oh, ah yeah |
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mudwhistle (02-01-2013), Wehrwolfen (02-01-2013) | ||
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02-01-2013, 10:55 AM
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Quote: Originally Posted by auditor0007
Quote: Originally Posted by Wehrwolfen Economy Shrinks…Obama & Pals Blame Republicans By: Curt Another ‘who woulda thunk it’ moment: The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles. Get outta here! You mean with businesses fretting over the unknown cost of ObamaCare, with taxes being raised for almost every American, and government spending continuing to spiral out of control that our economy is contracting? Shocking! [Excerpt] Read more: Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces
__________________ Quote: You built a house of cards And got shocked when you saw them fall Quote: If you go lookin’ for hot water Don't act shocked when you get burned a little bit If you really want some hot water I can help you find it, oh oh, ah yeah |
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02-01-2013, 10:57 AM
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| Gotta blame somebody.
__________________ Just remember suckers, elections have consequences. |
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Dubya (02-01-2013) | ||
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02-01-2013, 11:14 AM
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| Yup. The blame will be leveled at anything and anyone other than that fuck in the WH and his pack of incompetant boobs. Its all still Bush's fault doncha know? |
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Wehrwolfen (02-01-2013) | ||
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02-01-2013, 11:28 AM
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Quote: Originally Posted by Charles_Main
Quote: Originally Posted by auditor0007
Quote: Originally Posted by Wehrwolfen Economy Shrinks…Obama & Pals Blame Republicans By: Curt Another ‘who woulda thunk it’ moment: The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles. Get outta here! You mean with businesses fretting over the unknown cost of ObamaCare, with taxes being raised for almost every American, and government spending continuing to spiral out of control that our economy is contracting? Shocking! [Excerpt] Read more: Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces
__________________ Fuck the subjective notion of 'fair' Embrace true equality in treatment in all aspects, not just ones that benefit you or your cause
Quote: Originally Posted by Truthmatters A pure Democracy is NOT Democracy. |
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Caroljo (02-01-2013), Wehrwolfen (02-01-2013) | ||
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02-01-2013, 11:42 AM
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| The private sector continued growing. Military spending , or rather lack thereof is the reason for the overal contraction. Would the military spending have been reduced if the sequester was not on the table? Fiscal Cliff Woes Caused GDP Contraction: Heidi Moore | Daily Ticker - Yahoo! Finance The Pentagon decreased its expenditures by over 22% in the quarter ending in December. Had military spending remained the same, Q4 GDP would have increased by 1.27%. The decrease in defense spending was largely in preparation of the $500 billion cut to military disbursement that the fiscal cliff proposed. “There was no other kind of pressure on defense spending that would have cause it to plummet 22% except for the expectation of the cuts,” says Moore. Business pull back in response to fiscal cliff uncertainties was the second main cause of economic decline. According to the Bureau of Economic Analysis, “The downturn in real GDP in the fourth quarter primarily reflected downturns in private inventory investment.” Had private inventory investment remained at quarter three levels, GDP would have grown by 1.17% last quarter. Moore contends that inventories were not low because of high consumption but rather because businesses purposely pulled back in inventory accumulation as a response to fiscal cliff threats.
__________________ A man said to the universe: "Sir I exist!" "However," replied the universe, "The fact has not created in me A sense of obligation." -- Stephen Crane |
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Dubya (02-01-2013) | ||
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02-01-2013, 11:49 AM
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Quote: Originally Posted by BlindBoo The private sector continued growing. Military spending , or rather lack thereof is the reason for the overal contraction. Would the military spending have been reduced if the sequester was not on the table? Fiscal Cliff Woes Caused GDP Contraction: Heidi Moore | Daily Ticker - Yahoo! Finance The Pentagon decreased its expenditures by over 22% in the quarter ending in December. Had military spending remained the same, Q4 GDP would have increased by 1.27%. The decrease in defense spending was largely in preparation of the $500 billion cut to military disbursement that the fiscal cliff proposed. “There was no other kind of pressure on defense spending that would have cause it to plummet 22% except for the expectation of the cuts,” says Moore. Business pull back in response to fiscal cliff uncertainties was the second main cause of economic decline. According to the Bureau of Economic Analysis, “The downturn in real GDP in the fourth quarter primarily reflected downturns in private inventory investment.” Had private inventory investment remained at quarter three levels, GDP would have grown by 1.17% last quarter. Moore contends that inventories were not low because of high consumption but rather because businesses purposely pulled back in inventory accumulation as a response to fiscal cliff threats. |
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02-01-2013, 11:51 AM
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Quote: Originally Posted by BlindBoo The private sector continued growing. Military spending , or rather lack thereof is the reason for the overal contraction. Would the military spending have been reduced if the sequester was not on the table? Fiscal Cliff Woes Caused GDP Contraction: Heidi Moore | Daily Ticker - Yahoo! Finance The Pentagon decreased its expenditures by over 22% in the quarter ending in December. Had military spending remained the same, Q4 GDP would have increased by 1.27%. The decrease in defense spending was largely in preparation of the $500 billion cut to military disbursement that the fiscal cliff proposed. “There was no other kind of pressure on defense spending that would have cause it to plummet 22% except for the expectation of the cuts,” says Moore. Business pull back in response to fiscal cliff uncertainties was the second main cause of economic decline. According to the Bureau of Economic Analysis, “The downturn in real GDP in the fourth quarter primarily reflected downturns in private inventory investment.” Had private inventory investment remained at quarter three levels, GDP would have grown by 1.17% last quarter. Moore contends that inventories were not low because of high consumption but rather because businesses purposely pulled back in inventory accumulation as a response to fiscal cliff threats. You guys just LOVE to leave that little tidbit out So you can take your little blog and shove it
__________________ Fuck the subjective notion of 'fair' Embrace true equality in treatment in all aspects, not just ones that benefit you or your cause
Quote: Originally Posted by Truthmatters A pure Democracy is NOT Democracy. |
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02-01-2013, 11:56 AM
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Quote: Originally Posted by Wehrwolfen
Quote: Originally Posted by BlindBoo The private sector continued growing. Military spending , or rather lack thereof is the reason for the overal contraction. Would the military spending have been reduced if the sequester was not on the table? Fiscal Cliff Woes Caused GDP Contraction: Heidi Moore | Daily Ticker - Yahoo! Finance The Pentagon decreased its expenditures by over 22% in the quarter ending in December. Had military spending remained the same, Q4 GDP would have increased by 1.27%. The decrease in defense spending was largely in preparation of the $500 billion cut to military disbursement that the fiscal cliff proposed. “There was no other kind of pressure on defense spending that would have cause it to plummet 22% except for the expectation of the cuts,” says Moore. Business pull back in response to fiscal cliff uncertainties was the second main cause of economic decline. According to the Bureau of Economic Analysis, “The downturn in real GDP in the fourth quarter primarily reflected downturns in private inventory investment.” Had private inventory investment remained at quarter three levels, GDP would have grown by 1.17% last quarter. Moore contends that inventories were not low because of high consumption but rather because businesses purposely pulled back in inventory accumulation as a response to fiscal cliff threats.
__________________ A man said to the universe: "Sir I exist!" "However," replied the universe, "The fact has not created in me A sense of obligation." -- Stephen Crane |
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Dubya (02-01-2013) | ||
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02-01-2013, 11:58 AM
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Quote: Originally Posted by auditor0007
Quote: Originally Posted by Wehrwolfen Economy Shrinks…Obama & Pals Blame Republicans By: Curt Another ‘who woulda thunk it’ moment: The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles. Get outta here! You mean with businesses fretting over the unknown cost of ObamaCare, with taxes being raised for almost every American, and government spending continuing to spiral out of control that our economy is contracting? Shocking! [Excerpt] Read more: Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces
__________________ Far better it is to dare mighty things, to win glorious triumphs, even though chequered by failure, than to take rank with those poor souls who neither enjoy much nor suffer much, because they live in the grey twilight that knows neither victory nor defeat. - Theodore Roosevelt 1899 |
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Caroljo (02-01-2013) | ||
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02-01-2013, 12:04 PM
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Quote: Originally Posted by Wehrwolfen Economy Shrinks…Obama & Pals Blame Republicans By: Curt Another ‘who woulda thunk it’ moment: The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles. Get outta here! You mean with businesses fretting over the unknown cost of ObamaCare, with taxes being raised for almost every American, and government spending continuing to spiral out of control that our economy is contracting? Shocking! [Excerpt] Read more: Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces
__________________ "In the end, it's not the years in your life that count. It's the life in your years." Abraham Lincoln |
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02-01-2013, 12:07 PM
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Quote: Originally Posted by JimH52
Quote: Originally Posted by Wehrwolfen Economy Shrinks…Obama & Pals Blame Republicans By: Curt Another ‘who woulda thunk it’ moment: The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles. Get outta here! You mean with businesses fretting over the unknown cost of ObamaCare, with taxes being raised for almost every American, and government spending continuing to spiral out of control that our economy is contracting? Shocking! [Excerpt] Read more: Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces lol
__________________ Quote: You built a house of cards And got shocked when you saw them fall Quote: If you go lookin’ for hot water Don't act shocked when you get burned a little bit If you really want some hot water I can help you find it, oh oh, ah yeah |
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02-01-2013, 12:09 PM
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Quote: Originally Posted by Wehrwolfen Economy Shrinks…Obama & Pals Blame Republicans Quote: "U.S. stocks rallied, briefly sending the Dow Jones Industrial Average above 14,000, as data showed hiring increased in January after accelerating more than previously estimated at the end of 2012 and manufacturing grew. All 10 industry groups in the Standard & Poor’s 500 Index advanced. “The market is greeting the jobs numbers very happily,” Wayne Wilbanks, chief investment officer at Wilbanks, Smith & Thomas Asset Management LLC in Norfolk, Virginia, which oversees $2.3 billion, said in a phone interview. “The U.S. economy continues to benefit from the two in particular very positive trends” in manufacturing and real estate, he said."   . . .  . . . . . .  |
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Dubya (02-01-2013) | ||
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