Gdp 6.9%

Discussion in 'Current Events' started by Darkwind, Feb 26, 2010.

  1. Darkwind
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    Darkwind Gold Member

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    Good news. The GDP is up.

    And to think. Liberals said tax cuts don't work. A tax cut to 95% of America and the economy is roaring!!

    To bad this bubble is going to pop as soon as the taxes go up, health care gets passed and the government stops spending.

    But it was a good ride for the last month.
     
  2. Bill O'Olberman
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    Bill O'Olberman Active Member

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    ITS ALL OBAMAS FAULT!!!! Err wait? :eusa_eh:
     
  3. Darkwind
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    Darkwind Gold Member

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    Hey, I am 1,000% for a growing GDP in this country. I don't care who is sitting in the crazy chair. Now if unemployment would go down I'd be even happier for My country.

    I just worry about what is going to happen when the bubble bursts.
     
  4. Old Rocks
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    Old Rocks Diamond Member

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    Hmmm........ And Clinton raised taxes on the very wealthy in 1993. Had real bad economic years from then until 2001, correct?
     
  5. Gadawg73
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    Gadawg73 Gold Member

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    You are right about tax cuts helping growth.
    You are wrong about health care reform.
    Over the last 20 years health care has gone up about 15% a year.
    Explain how that makes a great system that does not need a complete over haul.
     
  6. Bill O'Olberman
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    Bill O'Olberman Active Member

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    Well, if I am a health insurance company I think its a fucking AMAZING system.
     
  7. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Makes me hopeful. But we are still in a way too delicate situation.
     
    Last edited: Feb 26, 2010
  8. Darkwind
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    Darkwind Gold Member

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    I am not wrong about health care. Government take over of any industry destroys it.

    You realize that the dishonest debate on health care started out with, "We just want to make sure that 40 million Americans get coverage" and now it is something else entirely?

    Do you realize that this crisis has been a crisis since.....the early 1900's? Not much of a crisis, is it?
     
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  9. Toro
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    Toro Diamond Member

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    5.9% actually.

    This is because of an inventory build as businesses cut too much last year. GDP will probably be 3-4% in Q2 then 1-2% in the second half of the year.
     
  10. Conspiracist
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    Conspiracist Snuggle weather rocks!

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    Good news for sure. As far as healthcare goes, anyone that wants these dishonest, money grubbing, law garbling pieces of politician trash handling their healthcare is either retired or out of their freaking minds!
     

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