Economy's Growth Rate Revised Downward to 2.2% Pace

Discussion in 'Economy' started by Neubarth, Dec 22, 2009.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    WOW!


    Economy's Growth Rate Revised Downward to 2.2% Pace- AP

    The U.S. economy grew slower than previously thought in the third quarter, as the recovery got off to a weaker start than official statistics estimated last month.
    ^^^^^^^^^^^^^^^^^^^^^

    I told you that the statistics did not support a recovery. Now we know.

    Folks, that means that the so called growth rate of the economy is less than the rate of inflation.

    I.E. we are going BACKWARDS.
     
  2. Oddball
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    Oddball BANNED Supporting Member

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    And the bulk of the "growth" can be attributed to more gubmint spending, which doesn't come from the Tooth Fairy.
     
  3. Truthmatters
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    Truthmatters BANNED

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    thanks for leaving such a fucking mess for this country
     
  4. Oddball
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    Oddball BANNED Supporting Member

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    Fuck you, Kool-Aid banger.

    We were told that unemployment wouldn't exceed 8% and production wouldn't come around, unless Boyking's holy succubus package didn't get passed RIGHT NOW.

    Well, here we are nearly a year later and nothing is better.
     
  5. uscitizen
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    uscitizen Senior Member

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    For several years most of our "growth" has come from federal spending and selling junk securities.
     
  6. uscitizen
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    uscitizen Senior Member

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    Ahh well and Bush was against nation building and us being the police force for the world as well.
    Iraq was only going to last 6 months or so.

    do you actually believe politicians?
     
  7. Oddball
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    Oddball BANNED Supporting Member

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    Got a link to back that one up, Gomer?
     
  8. Truthmatters
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    Truthmatters BANNED

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    And we were told they KNEW where the WMDs were.

    Maybe they should have allowed the stimulus to be as big as Obama wanted.
     
  9. Truthmatters
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    Truthmatters BANNED

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    And pay for itself
     
  10. Oddball
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    Oddball BANNED Supporting Member

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    Irrelevant deflection, asshole.

    Where is the growth and the jobs?
     

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