Economy Shrinks Obama & Pals Blame Republicans

[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!

[ame=http://www.youtube.com/watch?feature=player_embedded&v=1WsoTc1myvI]Krauthammer Obama Blaming Republicans - YouTube[/ame]​

[Excerpt]

Read more:
Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces

 

[auditor0007]

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!

Krauthammer Obama Blaming Republicans - YouTube​

[Excerpt]

Read more:
Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces

The economy shrunk due to Hurricane Sandy. Would you like to make a bet that we see positive growth again in the first quarter?

 

[Charles_Main]

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.

 

[Charles_Main]

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!

Krauthammer Obama Blaming Republicans - YouTube​

[Excerpt]

Read more:
Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces

The economy shrunk due to Hurricane Sandy. Would you like to make a bet that we see positive growth again in the first quarter?

OMG man you people are so fucking blind? Blaming a storm now? Really?

 

[The Breeze]

Gotta blame somebody.

 

[Claudette]

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?

 

[DiamondDave]

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!

Krauthammer Obama Blaming Republicans - YouTube​

[Excerpt]

Read more:
Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces

The economy shrunk due to Hurricane Sandy. Would you like to make a bet that we see positive growth again in the first quarter?

OMG man you people are so fucking blind? Blaming a storm now? Really?

Why not?? They blame ATM's.. They blame a phony reduction in government spending (craftily leaving out that the slight reduction over the previous quarter was a result of the HUGE SPIKE of that previous quarter... with spending still being higher than ever before).. Why not now blame a storm?? It is right in their wheelhouse for excuses

 

[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.

 

[Wehrwolfen]

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.

Why is it that when you're peeing down someone's leg you keep claiming its raining?

 

[DiamondDave]

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.

Did you forget the mention that the reduction was over the HUGE SPIKE IN INCREASED SPENDING DURING Q3??

You guys just LOVE to leave that little tidbit out

So you can take your little blog and shove it

 

[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.

Why is it that when you're peeing down someone's leg you keep claiming its raining?

Sorry Wolfie, it was your Post Toasties that I was pissing on. But that's what you get for posting piss-poor fluff pieces.

 

[RandallFlagg]

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!

Krauthammer Obama Blaming Republicans - YouTube​

[Excerpt]

Read more:
Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces

The economy shrunk due to Hurricane Sandy. Would you like to make a bet that we see positive growth again in the first quarter?

As much as I don't like to bet against my country (screw Obama) yeah, I'll take that bet. Let's see how the economy stacks up against the first round of tax increases, shall we?

 

[JimH52]

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!

Krauthammer Obama Blaming Republicans - YouTube​

[Excerpt]

Read more:
Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces

How ironic that you post this when the DOW is over 14000...Typical Lying Republican.

 

[Charles_Main]

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!

Krauthammer Obama Blaming Republicans - YouTube​

[Excerpt]

Read more:
Economy Shrinks?Obama & Pals Blame Republicans | Flopping Aces

How ironic that you post this when the DOW is over 14000...Typical Lying Republican.

Wait so now it's ok to use the Stock market as a measure of how well the Economy is doing?

lol

 

[Mr. Shaman]

Economy Shrinks…Obama & Pals Blame Republicans

February 1, 2013

Dow Average Touches 14,000;
Stocks Rally On Jobs​

"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."

. . .


. . . . . .

 

[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.

Did you forget the mention that the reduction was over the HUGE SPIKE IN INCREASED SPENDING DURING Q3??

You guys just LOVE to leave that little tidbit out

So you can take your little blog and shove it

DickheadDave. Military spending was down in the 3 quarters prior to the 3Q. It was the threat of the fiscal cliff.

 

[zeke]

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!

You are a dummy. I can tell. You know how? You didn't even read what you posted. The biggest cut in defense spending in 40 years. That part. Wtf do you think is going to happen to the economy as the government keeps spending less?

Are you all (rethugs) that stupid to think that people like me will let you scream about cutting government spending then complain that the economy is slowing when the spending gets cu?. WTF is wrong with you people? What did you think was going to happen. Prosperity was gonna break out all over the land when the hated guvmint cuts jobs and spending? WTF is wrong with you people?

It's like hearing you complain about fica taxes going up. Fuyk that. They should have never gone down. Repubs like tax cuts. Nobody is going broke over a 2.6% bump. You want SSI or not.

Can't the repubs just quit bitching about shit and do something constructive?

 

[DiamondDave]

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.

Did you forget the mention that the reduction was over the HUGE SPIKE IN INCREASED SPENDING DURING Q3??

You guys just LOVE to leave that little tidbit out

So you can take your little blog and shove it

DickheadDave. Military spending was down in the 3 quarters prior to the 3Q. It was the threat of the fiscal cliff.

Keep lying... it just shows more and my the hyper-partisan asshole you are

Defense spending INCREASED 13% in Q3

 

[BlindBoo]

Did you forget the mention that the reduction was over the HUGE SPIKE IN INCREASED SPENDING DURING Q3??

You guys just LOVE to leave that little tidbit out

So you can take your little blog and shove it

DickheadDave. Military spending was down in the 3 quarters prior to the 3Q. It was the threat of the fiscal cliff.

Keep lying... it just shows more and my the hyper-partisan asshole you are

Defense spending INCREASED 13% in Q3

And in the three quarters prior to the 3rd Quarter, Defense Spending decreased, as your chart shows. Care to explain how was that is a lie?

 

[DiamondDave]

DickheadDave. Military spending was down in the 3 quarters prior to the 3Q. It was the threat of the fiscal cliff.

Keep lying... it just shows more and my the hyper-partisan asshole you are

Defense spending INCREASED 13% in Q3

And in the three quarters prior to the 3rd Quarter, Defense Spending decreased, as your chart shows. Care to explain how was that is a lie?

No.. 2 quarters.. basically dead even the other... .. PER USUAL in the way governmental spending goes

And the spike down in q4 was only because of the abnormally high spike up in q3....

Boo... you keep beating that dead horse, but it is not going to take you across he finish line for a win