More Economic good News: GDP up 2.2%

Discussion in 'Politics' started by rightwinger, Dec 22, 2009.

  1. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Economic rebound is weaker; GDP revised down - USATODAY.com

    The Commerce Department's final estimate showed gross domestic product grew at a 2.2% annual rate instead of the 2.8% pace it reported last month. Analysts polled by Reuters had forecast the report to show GDP, which measures total goods and services output within U.S. borders, unrevised at a 2.8% growth rate in the third quarter.

    It was still the fastest pace since the third quarter 2007 and ended four straight quarters of decline. The resumption of growth in the July-September period probably ended the most brutal recession since the 1930s.

    Growth was boosted by government stimulus programs, including the popular cash for clunkers auto sales program and tax credit for first-time home buyers.
     
  2. Dr.House
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    Dr.House Lives on in syndication!

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  3. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Cheer up house

    You can still root for high unemployment numbers! Your holidays aren't completely ruined
     
  4. Dr.House
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    Dr.House Lives on in syndication!

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    I'm just hoping someday you liberals will start caring about out-of-work Americans...

    Compassionate Liberalism has it's limits, I suppose...
     
  5. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Not all that surprising since it's Christmas-time. However, I'm sure that's also largely thanks in part to government spending as well, which is not a plus to economy whatsoever.
     
  6. The Rabbi
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    The Rabbi Diamond Member

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    The out of work individuals they ought to be caring about are their own elected officials, who will be getting pink slips next election.

    After December you will see retailers folding after a crappy Xmas season.

    No, democrats don't care about working people. Democrats are the party of Wall St and big business. Check out how money is going from big companies and Wall St firms to the Dums.
     
    Last edited: Dec 22, 2009
  7. nodoginnafight
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    nodoginnafight No Party Affiliation

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    Damn, I shot coffee out of my nose when I read that
     
  8. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Thanks for proving my point Rabbi

    I post some economic good news and you become irate threatening an impending employment colapse.
     
  9. DiamondDave
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    DiamondDave Army Vet

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    They don't care about that.. as long as they take from someone else to hand entitlements to those who are not earning... and call it THEIR generosity
     
  10. Dr Grump
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    Dr Grump Gold Member

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    Yeah, that's a liberal mantra....:cuckoo:
     

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