2012 q2 gdp = 1.5%

Discussion in 'Economy' started by Trajan, Jul 27, 2012.

  1. Trajan
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    Trajan conscientia mille testes

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    this was the first article that came up when I goggled GDP Q2 2012....love the schizophrenic'esque' title of the article....:lol: you're screwed but, its was a good screw..!![​IMG]


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    U.S. Economy Falls Into Slump: Q2 GDP Grows By 1.5%, Beating Expectations


    U.S. Economy Falls Into Slump: Q2 GDP Grows By 1.5%, Beating Expectations - Forbes


    last year sequentially, 1.3 revised to 1.0.

    either way we are aren't going anywhere fast.



    [​IMG]
     
  2. william the wie
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    william the wie Gold Member

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    Actually we are going down.
     
  3. AquaAthena
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    AquaAthena INTJ/ENTJ

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    OBAMA built that. :razz:
     
  4. Norman
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    Norman Gold Member

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    What kind of inflation numbers were used to calculate this?
     
  5. Zander
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    Zander Platinum Member

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    Obama says his policies are working and the private sector is doing fine.

    [​IMG]
     
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  6. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    1.5% instead of 1.2%, BFD. Hard to paint that in any kind of positive light.
     
  7. Zander
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    Zander Platinum Member

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    Wait'll Sept. September is the month for vomit inducing bad news on the economic front. Almost all the bad shit that happens, happens in Sept....for instance...

    Panic of 1907 - started in SEPT!!!
    Black Friday - Sept!!
    Black Weds - SEPT!!
    9/11 - dah!!!
    Stock crash of 2002 - started in SEPT!!
    2007-2009 Bear market - started in SEPT!!
    2008 financial meltdown started in...SEPT!!

    Sept 2012- epic financial meltdown ????
     
  8. ScienceRocks
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    ScienceRocks Blue dog all the way!

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    You have to go back to the 1930's(great depression) to find worse than what we're having now for the length and depth, we're seeing. The 1980's didn't last as long with the intensity as the Obama economy. True, the depth at one point may of been slightly deeper, but the length of this one is mind blowing. :(
     
    Last edited: Jul 27, 2012
  9. B. Kidd
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    B. Kidd Gold Member

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    Not this year. Maybe Sept. 2013.
     
  10. RoadVirus
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    RoadVirus <insert pithy title here>

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    Obama's response: Bush's fault.
     

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