Weakest Economy on Record

The Rabbi

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Sep 16, 2009
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GDP numbers released this AM. Growth fell to 1.3% annual for the first 6 months. January to March, originally estimated at an already weak 1.3% were revised down to 0.4%, which is essentiallly no growth at all.
This was supposed to be the recovery. Compared to past recoveries this is the weakest on record. It is a double dip recession coming, with increasing news of layoffs.
Obamanomics has failed, utterly and completely. Anyone who even tries to defend this record reveals himself as a kook or a moron.
Economy slowed sharply in first half of year - Yahoo! News
 
What is important to see here is that economic data is TOTALLY worthless when it is first given.
When the report came out last April that GDP grew by 2% in the first quarter - everyone lauded and joined hands and sang songs. "See the stimulus is working!!!"
Until now.
When the real data comes out and shows absolutely no growth whatsoever.
 
Every move this President makes drives us deeper in the hole. There is an effect to his policies, damage.
Have enough change yet?
 
Sep 28, 2007 - Enrolled Bill. This is the final text of the bill or resolution as approved by both the Senate and House. This is the latest version of the bill currently available on GovTrack.









H.J.Res.43




One Hundred Tenth Congress




of the




United States of America




Begun and held at the City of Washington on Thursday,




the fourth day of January, two thousand and seven




Joint Resolution




Increasing the statutory limit on the public debt.




Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That subsection (b) of section 3101 of title 31, United States Code, is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof $9,815,000,000,000.




Speaker of the House of Representatives.




Vice President of the United States and




President of the Senate.


http://www.govtrack.us/congress/billtext.xpd?bill=hj110-43
 
Last edited:
Sep 28, 2007 - Enrolled Bill. This is the final text of the bill or resolution as approved by both the Senate and House. This is the latest version of the bill currently available on GovTrack.









H.J.Res.43




One Hundred Tenth Congress




of the




United States of America




Begun and held at the City of Washington on Thursday,




the fourth day of January, two thousand and seven




Joint Resolution




Increasing the statutory limit on the public debt.




Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That subsection (b) of section 3101 of title 31, United States Code, is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof $9,815,000,000,000.




Speaker of the House of Representatives.




Vice President of the United States and




President of the Senate.

TM Why are you spamming the boards with your Bullshit. Why not just limit the garbage to the thread you originally posted it on. Stop Cross Posting. Pretty Please. :)
 
Sep 28, 2007 - Enrolled Bill. This is the final text of the bill or resolution as approved by both the Senate and House. This is the latest version of the bill currently available on GovTrack.

H.J.Res.43

One Hundred Tenth Congress
of the
United States of America

Begun and held at the City of Washington on Thursday,
the fourth day of January, two thousand and seven

Joint Resolution

Increasing the statutory limit on the public debt.

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That subsection (b) of section 3101 of title 31, United States Code, is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof $9,815,000,000,000.

Speaker of the House of Representatives.

Vice President of the United States and

President of the Senate.

Read The Bill: H. J. Res. 43 [110th] - GovTrack.us


We're spending (spent?) ourselves right over the cliff . . . and you want it to continue. Got it.
 
The holding hostage of the debt ceiiling is harming the economy already

Live within your means, Retard. What is the National Debt now? Where is it headed? How do you suggest repairing the damage done from over spending, when each year the damage is added to? Is your plan Totalitarian in nature? Just say so. Tax us into servitude. Tax us beyond our means to pay? Confiscate private property to cover Government over indulgences? That makes total sense to you, right. How much vacation time, sick days, and Holiday pay does the average government worker get every year? How many even work 40 hours a week? You are just so right in all of your assumptions, aren't you. Of course when there is real work to be done, how does the Government handle it? They Subcontract. ;) Pennies on the dollar. If your head wasn't so far up your ass, you might see that.
 
We're a nation in decline. There's nothing substantial that any president can do to change that.

People said the same under Carter. Reagan proved them wrong.

No he didn't. Reagan just started borrowing prosperity. Reagan made fiscal irresponsibility and living it up on the credit card politically and socially acceptable.

More than any one president, Reagan is to blame for the mess we're in now.
 
This quater has been effected by the debt limit hostage game the republicans are playing.

The US pays .06 more for our debt because of the last time the republicans did this.


what your team wants is that number even higher
 
We're a nation in decline. There's nothing substantial that any president can do to change that.
:lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol:

you are so effing dishonest, they should add an entry in the dictionary under shameless hypocritical liar with your picture attached........



:rolleyes:

What did I lie about?

Are we not a nation in decline?

Is there anything SUBSTANTIAL that a president can do about that?
 
This quater has been effected by the debt limit hostage game the republicans are playing.

The US pays .06 more for our debt because of the last time the republicans did this.


what your team wants is that number even higher

The US pays more for our debt because of it's fiscal irresponsibility.

WTF TM. You act like borrowing beyond your means to repay is a good thing. How about an intervention? Please explain how the situation we find ourselves in is repaired by increasing the hole we are in. Why should we be entitled or rewarded with low interest rates, when we repeatedly prove so undeserving? You throw gasoline on the fire every chance you get, thinking somebody else is getting the blame, and that makes it okay. Does the end really justify the means with you? Any means to crush the free market system? Is that really it? Be honest, Comrade.
 
We're a nation in decline. There's nothing substantial that any president can do to change that.
:lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol:

you are so effing dishonest, they should add an entry in the dictionary under shameless hypocritical liar with your picture attached........



:rolleyes:

What did I lie about?

Are we not a nation in decline?

Is there anything SUBSTANTIAL that a president can do about that?

your president can resign and let someone who knows what the heck he's doing have a crack at it.
 
We're a nation in decline. There's nothing substantial that any president can do to change that.
:lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol:

you are so effing dishonest, they should add an entry in the dictionary under shameless hypocritical liar with your picture attached........



:rolleyes:

What did I lie about?

Are we not a nation in decline?

Is there anything SUBSTANTIAL that a president can do about that?

Exactly, Obaminator is doing everything he can to crash the system. He is very substantial in what he does. .... almost Terminal.
 
we're a nation in decline. There's nothing substantial that any president can do to change that.

people said the same under carter. Reagan proved them wrong.

no he didn't. Reagan just started borrowing prosperity. Reagan made fiscal irresponsibility and living it up on the credit card politically and socially acceptable.

More than any one president, reagan is to blame for the mess we're in now.

that provided a great laugh.


Thanks
 

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