It's Official: Worst. Recovery. EVER

[SniperFire]

'If there was any debate whether the Fed's policies have helped the economy or just the market (and specifically the Bernanke-targeted Russell 2000), the following two charts will end any and all debate. As the following chart from the St Louis Fed shows, as of the just completed quarter, US GDP "growth" since the "recovery" is now the worst in US history, having just dipped below the heretofore lowest on record.'

It's Official: Worst. Recovery. EVER | Zero Hedge


There is Epic Suck, and then there is ..... Obama.

Elections have consequences. Vote responsibly next time, peeps.

 

[jwoodie]

Recovery? What recovery? We have deliberately understated our true unemployment and inflation rates, and papered them over with artificially low interest rates. We can't borrow our way into real prosperity.

 

[Remodeling Maidiac]

Don't need a chart to show how bad its been. Its funny though how the massive profits of wallstreet were demonized under Bush and now the profits are proof Obama is doing the right thing.

 

[LoneLaugher]

Fewest number of first time jobless claims in 5 years announced this morning. Good news ladies and gentlemen. Celebrate the good news.

 

[SniperFire]

This has been tracking along as the Worst Recovery in the post WW2 era for a couple of years now.

The bottom has now officially fallen out of the Obama economy, and all the media and focus will of course be on ...... other things.

 

[SniperFire]

Fewest number of first time jobless claims in 5 years announced this morning. Good news ladies and gentlemen. Celebrate the good news.

Sure. When you California, Hawaii, etc. don't report accurately.

LOL

 

[Soggy in NOLA]

Oh no, everything's fine.... everyone from the McDonald worker to upper level management's taxes were raised and women can now serve in combat roles!

 

[TNHarley]

Recovery? What the hell does that mean?

 

[Mac1958]

.

And the American people still voted Obama back in, they still gave the Dems Senate seats, and they still gave the Dems House seats. Wow, go figure. Perhaps they just weren't convinced that the Republicans can be trusted in their current incarnation, maybe?

Perhaps they also know what most of the rest of us know, that this wasn't just another recession.

.

 

[WillowTree]

'If there was any debate whether the Fed's policies have helped the economy or just the market (and specifically the Bernanke-targeted Russell 2000), the following two charts will end any and all debate. As the following chart from the St Louis Fed shows, as of the just completed quarter, US GDP "growth" since the "recovery" is now the worst in US history, having just dipped below the heretofore lowest on record.'

It's Official: Worst. Recovery. EVER | Zero Hedge


There is Epic Suck, and then there is ..... Obama.

Elections have consequences. Vote responsibly next time, peeps.

Hush honey willya? It's what America voted for and therefore it's what she deserves. Kerry On.

 

[Soggy in NOLA]

Fewest number of first time jobless claims in 5 years announced this morning. Good news ladies and gentlemen. Celebrate the good news.

Soon to be revised downward.. just like the last five years.

 

[Remodeling Maidiac]

Summer of Recovery IV

Coming soon to a political speech near you

Rated L for lying and constant denial

 

[Mad Scientist]

You can't have a recovery when you've shipped most of your good paying jobs to foreign countries.

 

[Soggy in NOLA]

.

And the American people still voted Obama back in, they still gave the Dems Senate seats, and they still gave the Dems House seats. Wow, go figure. Perhaps they just weren't convinced that the Republicans can be trusted in their current incarnation, maybe?

Perhaps they also know what most of the rest of us know, that this wasn't just another recession.

.

More like a helluva lot of people actually don't know much about anything... the new era of the low-information voter who bought into stupid shit like wars on women and Republican want to throw granny off the cliff.

Ignorance rules among a majority of voters it seems.

 

[SniperFire]

I believe Obama is holding a press conference to discuss this dire development and what shall be done about it, as we speak!:

 

[pinqy]

Fewest number of first time jobless claims in 5 years announced this morning. Good news ladies and gentlemen. Celebrate the good news.

Soon to be revised downward.. just like the last five years.

Jobless claims are usually revised upwards due to initial under-reporting from the States.

 

[SniperFire]

.

And the American people still voted Obama back in, they still gave the Dems Senate seats, and they still gave the Dems House seats. Wow, go figure. Perhaps they just weren't convinced that the Republicans can be trusted in their current incarnation, maybe?

Perhaps they also know what most of the rest of us know, that this wasn't just another recession.

.

More like a helluva lot of people actually don't know much about anything... the new era of the low-information voter who bought into stupid shit like wars on women and Republican want to throw granny off the cliff.

Ignorance rules among a majority of voters it seems.

Mac is shilling for the ignorant, as usual.

 

[SniperFire]

Fewest number of first time jobless claims in 5 years announced this morning. Good news ladies and gentlemen. Celebrate the good news.

Soon to be revised downward.. just like the last five years.

Jobless claims are usually revised upwards due to initial under-reporting from the States.

Data for three or four states were missing on this one - using 'estimates' only - including California.

LOL

 

[Soggy in NOLA]

Fewest number of first time jobless claims in 5 years announced this morning. Good news ladies and gentlemen. Celebrate the good news.

Soon to be revised downward.. just like the last five years.

Jobless claims are usually revised upwards due to initial under-reporting from the States.

Dyslexia moment.. that's what I meant to say.. thanks.

 

[Mac1958]

.

And the American people still voted Obama back in, they still gave the Dems Senate seats, and they still gave the Dems House seats. Wow, go figure. Perhaps they just weren't convinced that the Republicans can be trusted in their current incarnation, maybe?

Perhaps they also know what most of the rest of us know, that this wasn't just another recession.

.

More like a helluva lot of people actually don't know much about anything... the new era of the low-information voter who bought into stupid shit like wars on women and Republican want to throw granny off the cliff.

Ignorance rules among a majority of voters it seems.

The "we lost because voters are stupid" tactic isn't exactly a way to win hearts and minds. If personal responsibility was as important to the GOP as they claim it is, perhaps they should take the blame for being such lousy messengers.

I assume personal responsibility is still a priority, yes?

.