More Economic good News: GDP up 2.2%

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

  1. rightwinger
    Offline

    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2009
    Messages:
    120,388
    Thanks Received:
    19,853
    Trophy Points:
    2,190
    Location:
    NJ & MD
    Ratings:
    +45,430
    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
    Offline

    Dr.House Lives on in syndication!

    Joined:
    Jun 27, 2009
    Messages:
    14,800
    Thanks Received:
    3,482
    Trophy Points:
    48
    Location:
    Princeton/Plainsboro
    Ratings:
    +3,488
  3. rightwinger
    Offline

    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2009
    Messages:
    120,388
    Thanks Received:
    19,853
    Trophy Points:
    2,190
    Location:
    NJ & MD
    Ratings:
    +45,430
    Cheer up house

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

    Dr.House Lives on in syndication!

    Joined:
    Jun 27, 2009
    Messages:
    14,800
    Thanks Received:
    3,482
    Trophy Points:
    48
    Location:
    Princeton/Plainsboro
    Ratings:
    +3,488
    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
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    17,590
    Thanks Received:
    1,581
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,027
    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
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,620
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,215
    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
    Offline

    nodoginnafight No Party Affiliation

    Joined:
    Dec 15, 2008
    Messages:
    11,755
    Thanks Received:
    1,069
    Trophy Points:
    175
    Location:
    Georgia
    Ratings:
    +1,497
    Damn, I shot coffee out of my nose when I read that
     
  8. rightwinger
    Offline

    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2009
    Messages:
    120,388
    Thanks Received:
    19,853
    Trophy Points:
    2,190
    Location:
    NJ & MD
    Ratings:
    +45,430
    Thanks for proving my point Rabbi

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

    DiamondDave Army Vet

    Joined:
    Jun 30, 2008
    Messages:
    18,169
    Thanks Received:
    2,812
    Trophy Points:
    183
    Location:
    MD, on the Potomac River
    Ratings:
    +2,816

    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
    Offline

    Dr Grump Gold Member

    Joined:
    Apr 4, 2006
    Messages:
    19,284
    Thanks Received:
    3,052
    Trophy Points:
    245
    Location:
    From the Back of Beyond
    Ratings:
    +4,229
    Yeah, that's a liberal mantra....:cuckoo:
     

Share This Page