FIVE % growth 3rd quarter- Want to act like Americans yet, haters?

[rightwinger]

Doesn't answer my question

What should have been done months or years ago? What was "unnecessary" and could have been done differently?

I'll get back to you after I'm sober. Has to do with obamacare. You can dwell on that till I wake up.

Kind of what I thought......you got nothing

Obamacare explanation is going to cut off your balls and force you to spit them out. You barked up the wrong tree dude.

Go watch some Fox News....maybe they can explain to you how Obamacare was going to crash our economy

It sure is holding it back. We should have had 20 million jobs created last 2 years if it wasn't for obamacare and epa restrictions. Wrap your head around that and get back to me.

Actually....we could have added millions of additional jobs and had a much more robust recovery if Republicans had not insisted on austerity as a solution to a recession

 

[AceRothstein]

Doesn't answer my question

What should have been done months or years ago? What was "unnecessary" and could have been done differently?

I'll get back to you after I'm sober. Has to do with obamacare. You can dwell on that till I wake up.

Kind of what I thought......you got nothing

Obamacare explanation is going to cut off your balls and force you to spit them out. You barked up the wrong tree dude.

Go watch some Fox News....maybe they can explain to you how Obamacare was going to crash our economy

It sure is holding it back. We should have had 20 million jobs created last 2 years if it wasn't for obamacare and epa restrictions. Wrap your head around that and get back to me.

LOL. The most jobs the US economy has added in a 2 year stretch dating back to 1939 was 8.2 million in 1977-78. The economy may be holding back a bit but 20 million jobs created over 2 years is just laughable.

 

[Londoner]

Has it ever occurred to you that this should have happened months or years ago? How'd all that extra unnecessary financial years of pain feel? Libs always delay everything.

(False. Because of the housing crisis and financial meltdown of 2008, the U.S. consumer had to deleverage from the largest debt overhang in more than half a century)

Let's put this growth in perspective.

The American worker is not experiencing this growth in his paycheck nor his benefits. Remember: the point of globalization was to protect and expand profit margins by shifting production to China or the 3rd world where iPads could be made for pennies by oppressed workers living beneath dictators. Wages are not coming back as long as the U.S. worker has to compete with sweatshop labor. For this reason, the fruits of economic growth will always go to the wealthy suppliers, the bailout class, the ones who fund our elections and own our political machinery - the ones who pay talk radio to distract the serfs with nationalism, patriotism, religion and fear over terrorism, gays and socialists as they loot the treasury.

One reason why the average Joe has a little extra cash at this specific time is because of low energy costs. Low energy costs increase purchasing power, which allows businesses to temporarily add jobs, which restarts the whole credit-frankenstein whereby the banks feel more confident and are able to help the average Joe go further into debt so he can buy things that used to be made possible with higher wages and benefits.

In other words, the growth is a tad hollow, and will remain hollow until you do the impossible: raise wages & benefits or figure out some way to boost the purchasing power of the non-wealthy in the aggregate (with a lower cost of living). This isn't going to happen as long as our great & noble capitalists are so deeply partnered with freedom-hating regimes who supply them with cheap labor.

Remember: one of the primary goals of Reaganomics was to give our great & noble capitalists lower operating costs. This was achieved partly by cutting a huge portion of the middle and lower class labor force out of economic growth (by, again, moving production to freedom-hating hell holes in Asia and the 3rd world - and only shipping jobs back to the U.S. which underbid the oppressed Chinese labor force).

Yes, the Obama economy is going to make the Bush economy look like a sad joke. History will record Obama as adding more than 10x as many jobs and lowering the deficit at a much higher rate than W. (Obama is on pace to eclipse Reagan's job growth, but again, if you listen to rightwing media, you are manipulated into believing that world has come to an end. The rightwing media exercises Soviet-level control over the opinions of its subjects. This is why it took years for people to realize that Reagan increased U.S. debt levels over 3x more than Carter. This information is available to anybody who does even casual research - but, the goal of talk radio, is to prevent even the possibility that a rightwing news consumer will wander into "enemy territory" for information).

So yes, the Obama economy is the best we've had in years. But, unfortunately, real genuine growth will not happen until the U.S. figures out how to integrate a larger number of Americans into the fruits of economic growth. This kind of thing can't happen as long as our largest suppliers (like Walmart) remain so deeply partnered with communist China and the GOP-Movement Conservatism media bullhorn (which gives them the power to distract the serfs with the usual parade of demons. Meaning: the Right has the media power to cover up good news when a democrat is in office. By the same token, they can cover up bad news when a Republican is in office. In every nation where powerful forces have co-opted the political and media machinery, you see this kind of propaganda. There is always a group of rabid under-educated "homelanders" who buy what the powerful are selling - and it usually costs the nation dearly. This is why Bush was able to create Patriot Act and drive the nation into such a deep ditch - and it's why the same group of crooks are going to do it all over again when Jeb takes the oath of office in Jan 2017).

 

[Judicial review]

I'll get back to you after I'm sober. Has to do with obamacare. You can dwell on that till I wake up.

Kind of what I thought......you got nothing

Obamacare explanation is going to cut off your balls and force you to spit them out. You barked up the wrong tree dude.

Go watch some Fox News....maybe they can explain to you how Obamacare was going to crash our economy

It sure is holding it back. We should have had 20 million jobs created last 2 years if it wasn't for obamacare and epa restrictions. Wrap your head around that and get back to me.

Actually....we could have added millions of additional jobs and had a much more robust recovery if Republicans had not insisted on austerity as a solution to a recession

Wow this went right over your head. 20 million is w ay more than a "robust" economy.

 

[chikenwing]

.

Good stuff.

Durable goods orders were down, but the bond market doesn't care, yields are up. Good.

We need to achieve escape velocity with job growth, at least 350,000 to 400,000 for a while, hopefully that will happen over the next two quarters.

.

Lumber prices continue to fall. One day the left wants to burn wall street to the ground,the next if it fits the daily narrative is the best thing since sliced bread,and only Obmaa could have done it.

 

[chikenwing]

We're watching Russia collapse but the RWs still worship Pootin.

Thank you Mr President.

Just what has he done be specific,what policy directly connected Obama have helped growth what are those?

 

[Judicial review]

Has it ever occurred to you that this should have happened months or years ago? How'd all that extra unnecessary financial years of pain feel? Libs always delay everything.

(False. Because of the housing crisis and financial meltdown of 2008, the U.S. consumer had to deleverage from the largest debt overhang in more than half a century)

Let's put this growth in perspective.

The American worker is not experiencing this growth in his paycheck nor his benefits. Remember: the point of globalization was to protect and expand profit margins by shifting production to China or the 3rd world where iPads could be made for pennies by oppressed workers living beneath dictators. Wages are not coming back as long as the U.S. worker has to compete with sweatshop labor. For this reason, the fruits of economic growth will always go to the wealthy suppliers, the bailout class, the ones who fund our elections and own our political machinery - the ones who pay talk radio to distract the serfs with nationalism, patriotism, religion and fear over terrorism, gays and socialists as they loot the treasury.

One reason why the average Joe has a little extra cash at this specific time is because of low energy costs. Low energy costs increase purchasing power, which allows businesses to temporarily add jobs, which restarts the whole credit-frankenstein whereby the banks feel more confident and are able to help the average Joe go further into debt so he can buy things that used to be made possible with higher wages and benefits.

In other words, the growth is a tad hollow, and will remain hollow until you do the impossible: raise wages & benefits or figure out some way to boost the purchasing power of the non-wealthy in the aggregate (with a lower cost of living). This isn't going to happen as long as our great & noble capitalists are so deeply partnered with freedom-hating regimes who supply them with cheap labor.

Remember: one of the primary goals of Reaganomics was to give our great & noble capitalists lower operating costs. This was achieved partly by cutting a huge portion of the middle and lower class labor force out of economic growth (by, again, moving production to freedom-hating hell holes in Asia and the 3rd world - and only shipping jobs back to the U.S. which underbid the oppressed Chinese labor force).

Yes, the Obama economy is going to make the Bush economy look like a sad joke. History will record Obama as adding more than 10x as many jobs and lowering the deficit at a much higher rate than W. (Obama is on pace to eclipse Reagan's job growth, but again, if you listen to rightwing media, you are manipulated into believing that world has come to an end. The rightwing media exercises Soviet-level control over the opinions of its subjects. This is why it took years for people to realize that Reagan increased U.S. debt levels over 3x more than Carter. This information is available to anybody who does even casual research - but, the goal of talk radio, is to prevent even the possibility that a rightwing news consumer will wander into "enemy territory" for information).

So yes, the Obama economy is the best we've had in years. But, unfortunately, real genuine growth will not happen until the U.S. figures out how to integrate a larger number of Americans into the fruits of economic growth. This kind of thing can't happen as long as our largest suppliers (like Walmart) remain so deeply partnered with communist China and the GOP-Movement Conservatism media bullhorn (which gives them the power to distract the serfs with the usual parade of demons).

I'm not even going to touch the shit in this post. Why? This is 6 years of you being Obamas bitch. It's too late for you. I'm so sorry I wasn't there for you sooner. God I feel bad for you.

 

[NYcarbineer]

.

Good stuff.

Durable goods orders were down, but the bond market doesn't care, yields are up. Good.

We need to achieve escape velocity with job growth, at least 350,000 to 400,000 for a while, hopefully that will happen over the next two quarters.

.

Lumber prices continue to fall. One day the left wants to burn wall street to the ground,the next if it fits the daily narrative is the best thing since sliced bread,and only Obmaa could have done it.

I guess you should have thought twice about trying to blame anything and everything bad in the last 6 years on Obama.

Now you either have to apply your same standard to the good news, which is to credit Obama with all of it, or,

you can add to your image as a two-faced partisan imbecile.

 

[Mac1958]

.

Good stuff.

Durable goods orders were down, but the bond market doesn't care, yields are up. Good.

We need to achieve escape velocity with job growth, at least 350,000 to 400,000 for a while, hopefully that will happen over the next two quarters.

.

Lumber prices continue to fall. One day the left wants to burn wall street to the ground,the next if it fits the daily narrative is the best thing since sliced bread,and only Obmaa could have done it.

Well, we keep getting inconsistent numbers, but overall we're heading the right direction, if more slowly than I'd like.

I'm always hopeful.

.

 

[Mac1958]

.

Good stuff.

Durable goods orders were down, but the bond market doesn't care, yields are up. Good.

We need to achieve escape velocity with job growth, at least 350,000 to 400,000 for a while, hopefully that will happen over the next two quarters.

.

Lumber prices continue to fall. One day the left wants to burn wall street to the ground,the next if it fits the daily narrative is the best thing since sliced bread,and only Obmaa could have done it.

I guess you should have thought twice about trying to blame anything and everything bad in the last 6 years on Obama.

Now you either have to apply your same standard to the good news, which is to credit Obama with all of it, or,

you can add to your image as a two-faced partisan imbecile.

Gosh, I thought we were getting along there for a moment.

So you're back to lying. I swear you can't help yourself.

What are you talking about, precisely? I'm trying to blame anything and everything bad on Obama?

Link? Or lie?

.

.

 

[Vigilante]

The Dishonest and Lying Leftists, and a corrupt and Manipulating government IS the new normal under the Obamanation!

Here Is The Reason For The "Surge" In Q3 GDP

Submitted by Tyler Durden on 12/23/2014 09:25 -0500

Back in June, when we were looking at the final Q1 GDP print, we discovered something very surprising: after the BEA had first reported that absent for Obamacare, Q1 GDP would have been negative in its first Q1 GDP report, subsequent GDP prints imploded as a result of what is now believed to be the polar vortex. But the real surprise was that the Obamacare boost was, in the final print, revised massively lower to actually reduce GDP!
This is how the unprecedented trimming of Obamacare's contribution to GDP looked like back then.

Of course, even back then we knew what this means: payback is coming, and all the BEA is looking for is the right quarter in which to insert the "GDP boost". This is what we said verbatim:
Don't worry thought: this is actually great news! Because the brilliant propaganda minds at the Dept of Commerce figured out something banks also realized with the stub "kitchen sink" quarter in November 2008. Namely, since Q1 is a total loss in GDP terms, let's just remove Obamacare spending as a contributor to Q1 GDP and just shove it in Q2.
Stated otherwise, some $40 billion in PCE that was supposed to boost Q1 GDP will now be added to Q2-Q4.
And now, we all await as the US department of truth says, with a straight face, that in Q2 the US GDP "grew" by over 5% (no really: you'll see).
Well, we were wrong: it wasn't Q2. It was Q3, albeit precisely in the Q2-Q4 interval we expected.
Fast forward to today when as every pundit is happy to report, the final estimate of Q3 GDP indeed rose by 5% (no really, just as we predicted), with a surge in personal consumption being the main driver of US growth in the June-September quarter. As noted before, between the second revision of the Q3 GDP number and its final print, Personal Consumption increased from 2.2% to 3.2% Q/Q, and ended up contributing 2.21% of the final 4.96% GDP amount, up from 1.51%.
So what did Americans supposedly spend so much more on compared to the previous revision released one month ago? Was it cars? Furnishings? Housing and Utilities? Recreational Goods and RVs? Or maybe nondurable goods and financial services?
Actually no. The answer, just as we predicted precisely 6 months ago is... well, just see for yourselves......

Here Is The Reason For The Surge In Q3 GDP Zero Hedge

 

[Wry Catcher]

About time...

BBC News - US economy growing at quickest pace for 11 years

We should thank Speaker Boehner, he has created the jobs and wealth with years of whining, crying and many many months, of being on vacation. A truly remarkable sign of leadership. A much better record than McConnell in the Senate, whose efforts to make Obama, his administration and the nation's people fail. I guess the GOP leader's failures had as much to do with their reelection as anything - if they had been the least bit productive they wouldn't have gotten all those dollars from the special interests to buy it.

 

[rightwinger]

Kind of what I thought......you got nothing

Obamacare explanation is going to cut off your balls and force you to spit them out. You barked up the wrong tree dude.

Go watch some Fox News....maybe they can explain to you how Obamacare was going to crash our economy

It sure is holding it back. We should have had 20 million jobs created last 2 years if it wasn't for obamacare and epa restrictions. Wrap your head around that and get back to me.

Actually....we could have added millions of additional jobs and had a much more robust recovery if Republicans had not insisted on austerity as a solution to a recession

Wow this went right over your head. 20 million is w ay more than a "robust" economy.

Provide a link to your mythical 20 million jobs and we can talk

 

[squeeze berry]

About time...

BBC News - US economy growing at quickest pace for 11 years

if acting like an American is drinking your kool aid, no thanks

 

[rightwinger]

Remember all the celebrating from Conservatives when 1Q14 GDP went negative because of the horrible weather? They warned of a coming recession and a harbinger of things to come. When it was pointed out that the economy would compensate for the bad quarter, they just laughed

Now we are seeng GDP over 5% and they sulk and whine....Obama had nothing to do with it

 

[Vigilante]

About time...

BBC News - US economy growing at quickest pace for 11 years

We should thank Speaker Boehner, he has created the jobs and wealth with years of whining, crying and many many months, of being on vacation. A truly remarkable sign of leadership. A much better record than McConnell in the Senate, whose efforts to make Obama, his administration and the nation's people fail. I guess the GOP leader's failures had as much to do with their reelection as anything - if they had been the least bit productive they wouldn't have gotten all those dollars from the special interests to buy it.

What are you talking about?...This?

 

[Judicial review]

Remember all the celebrating from Conservatives when 1Q14 GDP went negative because of the horrible weather? They warned of a coming recession and a harbinger of things to come. When it was pointed out that the economy would compensate for the bad quarter, they just laughed

Now we are seeng GDP over 5% and they sulk and whine....Obama had nothing to do with it

He didnt. It's corporate owners who create the jobs dumbass. Sorry to stop your orgasm. Someone had to be honest.

 

[Judicial review]

Obamacare explanation is going to cut off your balls and force you to spit them out. You barked up the wrong tree dude.

Go watch some Fox News....maybe they can explain to you how Obamacare was going to crash our economy

It sure is holding it back. We should have had 20 million jobs created last 2 years if it wasn't for obamacare and epa restrictions. Wrap your head around that and get back to me.

Actually....we could have added millions of additional jobs and had a much more robust recovery if Republicans had not insisted on austerity as a solution to a recession

Wow this went right over your head. 20 million is w ay more than a "robust" economy.

Provide a link to your mythical 20 million jobs and we can talk

Anybody with simple commonsense knows this. I'm tired of explaining basic shit to liberals. All fucking done. Fuck it. Freakin gone like a fart in the wind.

 

[AceRothstein]

Go watch some Fox News....maybe they can explain to you how Obamacare was going to crash our economy

It sure is holding it back. We should have had 20 million jobs created last 2 years if it wasn't for obamacare and epa restrictions. Wrap your head around that and get back to me.

Actually....we could have added millions of additional jobs and had a much more robust recovery if Republicans had not insisted on austerity as a solution to a recession

Wow this went right over your head. 20 million is w ay more than a "robust" economy.

Provide a link to your mythical 20 million jobs and we can talk

Anybody with simple commonsense knows this. I'm tired of explaining basic shit to liberals. All fucking done. Fuck it. Freakin gone like a fart in the wind.

I just told you that 20 million jobs gained in 2 years is laughable. It would be more than double the number of jobs gained over any 2 year stretch in the last 75 years. So go ahead and explain yourself.

 

[rightwinger]

Remember all the celebrating from Conservatives when 1Q14 GDP went negative because of the horrible weather? They warned of a coming recession and a harbinger of things to come. When it was pointed out that the economy would compensate for the bad quarter, they just laughed

Now we are seeng GDP over 5% and they sulk and whine....Obama had nothing to do with it

He didnt. It's corporate owners who create the jobs dumbass. Sorry to stop your orgasm. Someone had to be honest.

Yes we have heard that

First quarter GDP was all Obamas fault, Third Quarter above 5% is becase of the corporate owners

 

[rightwinger]

Go watch some Fox News....maybe they can explain to you how Obamacare was going to crash our economy

It sure is holding it back. We should have had 20 million jobs created last 2 years if it wasn't for obamacare and epa restrictions. Wrap your head around that and get back to me.

Actually....we could have added millions of additional jobs and had a much more robust recovery if Republicans had not insisted on austerity as a solution to a recession

Wow this went right over your head. 20 million is w ay more than a "robust" economy.

Provide a link to your mythical 20 million jobs and we can talk

Anybody with simple commonsense knows this. I'm tired of explaining basic shit to liberals. All fucking done. Fuck it. Freakin gone like a fart in the wind.

Sounds like surrender on your part

Thats why I asked you to back it up