GDP down unemployment claims up

Discussion in 'Politics' started by blackhawk, May 31, 2012.

  1. blackhawk
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    blackhawk Gold Member

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    First time unemployment claims rose by 10,000 and the GDP for the first quarter was revised down to 1.9% from 2.2% not a good thing for a incumbent in a election year.
    http://www.google.com/url?sa=t&rct=j&q=gdp%20revised%20downward%20jobless%20claims%20rise&source=web&cd=11&ved=0CEoQFjAAOAo&url=http%3A%2F%2Fwww.latimes.com%2Fbusiness%2Fla-fi-jobless-claims-20120601%2C0%2C152908.story&ei=eSTIT42xFoqc8gT1pojrDg&usg=AFQjCNE6RhuO_tCEo1od965bQ40R3uzCAw
     
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  2. DontBeStupid
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    DontBeStupid Look it up!

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    GDP is not down. It still grew.

    10,000 in claims is nothing.

    Seriously guys. Learn about the issues.
     
  3. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    and we already know the Goverment is fudging the numbers so how bad is it really?
     
  4. DontBeStupid
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    DontBeStupid Look it up!

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    Oh, we know this? Cool! I'd love to see the proof!

    Link please.
     
  5. blackhawk
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    blackhawk Gold Member

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    Try looking at them without the partisan blinders.
     
  6. edthecynic
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    edthecynic Censored for Cynicism

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    CON$ervoFascists assume that because the GOP always fudged the numbers then the everyone else on Earth must be as dishonest as the GOP.
     
  7. DontBeStupid
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    DontBeStupid Look it up!

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    Is GDP higher today than it was 3 months ago?

    Hint: Yes.
     
  8. Mad Scientist
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    Mad Scientist Feels Good!

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    The GDP was revised DOWN during what is SUPPOSED to be a RECOVERY.

    That's all you need to know.
     
  9. DontBeStupid
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    DontBeStupid Look it up!

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    Except, you're lying.
     
  10. edthecynic
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    edthecynic Censored for Cynicism

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    Revised down from an increase and still an increase after the revision.
    CON$ervoFascists hate this country so much that they want another inflationary boom and bust economy rather than slow and steady growth. Everybody, including the middle class, benefits from slow and steady growth but only the cash rich benefit from a boom and bust economy.
     

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