Real World News: US growth up sharply- 2% in 3Q

Discussion in 'Economy' started by francoHFW, Oct 26, 2012.

  1. francoHFW
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    francoHFW Diamond Member

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    Last edited: Oct 26, 2012
  2. SniperFire
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    SniperFire Senior Member

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    2011 was slower growth than 2010.

    2012 is slower growth than 2011.


    We are disappointed.


    America can not afford 4 more years of this Marxist.
     
  3. francoHFW
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    francoHFW Diamond Member

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    Marxist? OK, you're whacked...
     
  4. Meathead
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    Meathead Gold Member

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    The world's largest economy expanded at an annualised rate of 2% in the third quarter, the Commerce Department said.

    The jump was partly due to a large increase in government spending.
    [/I

    ]In what world does an annualized growth of 2% translate into sharp growth when the population is growing faster than that. What it means is more poverty and food stamps.

     
  5. chikenwing
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    chikenwing Guest

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  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    It'll get adjusted downward in three weeks
     
  7. mascale
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    mascale VIP Member

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    There are other reports of the success of the Obama-Biden economic plan--and despite the Ivy League misunderstanding completely of the concept, "tax base" created from Public Sector, Shovel-Ready jobs!

    Romney-Ryan only propose a tax-cut bailout of the European Luxury Auto Manufacturers, and an increase of Defense Spending: To remedy what the drought and the Ivy League, aka, "The Plague," have created.

    Mormons know so much about locusts and "The Plague," for example: That Romney even calls it "business experience(?)!"

    Customers in the stores are not included in the Romney-Ryan plan(?), in the manner of keeping up the impact of the drought!

    U.S. Third-Quarter Advance Gross Domestic Product (Text) - Businessweek

    "Crow, James Crow: Shaken, Not Stirred!
    (Many shoot arrow into the air. Many set fire, even to hair(?). Many then know that much fire-water a cure for drought, just like bayonets are what defense is all about!)
     
  8. Leweman
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    Leweman Gold Member

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    up sharply? what the hell are you talking about? That's a horrible number.
     
  9. iamwhatiseem
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    iamwhatiseem Gold Member

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    Typical ill-informed and less than astute Kool Aid post.
    2% growth is basically stagnate. Better than shrinking, but sitting still with such abysmal outlook is not good either.
    While what the article says is technically true - it gives no point of reference, and therefore is pure bunk.

    And BTW - China grew 7.4% in the 3rd quarter.
     
    Last edited: Oct 26, 2012
  10. Katzndogz
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    Katzndogz Diamond Member

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    The government spends its way to a 2% growth. To make it look like the Chevy Volt is selling well, the government buys them. 8,000,000 people drop out of the workforce but the government says unemployment is down.

    Democrats can't tell when they are being lied to. Or, maybe they just don't care.
     

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