More economic good news! GDP rebounds 4%

[rightwinger]

And the only reason why this is good news for a leftwinger on USMB is they get to lick Obama's asshole some more.

What passes for insightful economic analysis to Conservatives

so Moonglow makes a stupid Liberal comment, you say nothing. A Conservative responds to a stupid Liberal comment and you respond.

Typical Liberal hypocrite.

Republicans once again struggle with equivalencies

Moonglow: Good news unless you are a USMB Conservative
Rocko: leftwingers get to lick Obamas asshole some more

 

[Avorysuds]

.

For those of us who don't view everything through a distorted, partisan prism -- the majority -- this is good and hopeful news, and we still recognize that many potential pitfalls and challenges remain.

Good news is good news, and there's no good reason to downplay it.

.

First of all it's not news, it's a guess. Secondly its summer and people do a lot during summer so its not too crazy of a concept that people spent money. Last the FED is still stimulating at the same rate, when that slows or stops the markets will drop, crash who knows, but the markets will drop a lot... That will have an effect going into winter.

There was never debate that stimulus spurs activity in the economy, it's that the money is fake and causes malinvestment... then the economy has to clear the bad investments... then we get a recession/depression.

SO as you guys keep adding the the fake economy by the trillions (never done that much before anywhere in the world) you might want to prepare yourself for the correction that always occurs after.

 

[Toro]

.

For those of us who don't view everything through a distorted, partisan prism -- the majority -- this is good and hopeful news, and we still recognize that many potential pitfalls and challenges remain.

Good news is good news, and there's no good reason to downplay it.

.

Measured on a quarter-on-quarter basis, GDP grew by 1%. That's good news? Seriously?

It's typical of a stop-and-go, substandard economy that is recovering from a balance sheet recession that we have been in for several years.

 

[Synthaholic]

You're asking him to prove a negative. Prove it did work.

OK

Stock market more than doubled, $20 trillion in wealth added to the economy, unemployment dropped over 4%

All without the devalued dollar, runaway inflation and stock market collapse predicted by Conservatives

Was that the goal?

The goal was to avoid a Bush Depression, and keep it limited to a Bush Recession.

 

[Avorysuds]

What passes for insightful economic analysis to Conservatives

so Moonglow makes a stupid Liberal comment, you say nothing. A Conservative responds to a stupid Liberal comment and you respond.

Typical Liberal hypocrite.

Republicans once again struggle with equivalencies

Moonglow: Good news unless you are a USMB Conservative
Rocko: leftwingers get to lick Obamas asshole some more

It's not good news because it's not news, its a guesstimate that we already can safely assume is too positive. But you don't care, you're a hack and when the numbers are lowered and people say "see, we told you" you will once again claim "conservatives just want the economy to fail at any costs."

It's sad to me that your job is to advise Government, maybe that's part of the reason our Government can't do much of anything right.

 

[rightwinger]

.

For those of us who don't view everything through a distorted, partisan prism -- the majority -- this is good and hopeful news, and we still recognize that many potential pitfalls and challenges remain.

Good news is good news, and there's no good reason to downplay it.

.

Measured on a quarter-on-quarter basis, GDP grew by 1%. That's good news? Seriously?

Here is your problem Zander

Rightwing celebration of a negative GDP has been negated by a 4% second quarter growth. There is one more quarter before the November elections. It is all or nothing for Republicans. Another strong quarter and your ....Obama has trashed the economy card is worthless

Maybe you should try....Benghazi, Benghazi, Benghazi

 

[Avorysuds]

.

For those of us who don't view everything through a distorted, partisan prism -- the majority -- this is good and hopeful news, and we still recognize that many potential pitfalls and challenges remain.

Good news is good news, and there's no good reason to downplay it.

.

Measured on a quarter-on-quarter basis, GDP grew by 1%. That's good news? Seriously?

Here is your problem Zander

Rightwing celebration of a negative GDP has been negated by a 4% second quarter growth. There is one more quarter before the November elections. It is all or nothing for Republicans. Another strong quarter and your ....Obama has trashed the economy card is worthless

Maybe you should try....Benghazi, Benghazi, Benghazi

Is it not grand how -2% means nothing to you but a guess of +4% proves all of history wrong? Is it not wonderful that you can take this single number of 4% that you yourself know will be revised down and claim how it spells doom for Republicans?

 

[Avorysuds]

OK

Stock market more than doubled, $20 trillion in wealth added to the economy, unemployment dropped over 4%

All without the devalued dollar, runaway inflation and stock market collapse predicted by Conservatives

Was that the goal?

The goal was to avoid a Bush Depression, and keep it limited to a Bush Recession.

Ahh, you blamed Bush for Obama's shortcomings.... How new!

 

[bendog]

So, we're back to 2% annual growth?

 

[rightwinger]

.

For those of us who don't view everything through a distorted, partisan prism -- the majority -- this is good and hopeful news, and we still recognize that many potential pitfalls and challenges remain.

Good news is good news, and there's no good reason to downplay it.

.

First of all it's not news, it's a guess. Secondly its summer and people do a lot during summer so its not too crazy of a concept that people spent money. Last the FED is still stimulating at the same rate, when that slows or stops the markets will drop, crash who knows, but the markets will drop a lot... That will have an effect going into winter.

There was never debate that stimulus spurs activity in the economy, it's that the money is fake and causes malinvestment... then the economy has to clear the bad investments... then we get a recession/depression.

SO as you guys keep adding the the fake economy by the trillions (never done that much before anywhere in the world) you might want to prepare yourself for the correction that always occurs after.

Second Quarter is spring not summer

So I guess your estimate is that third quarter will be strong also

 

[rightwinger]

Measured on a quarter-on-quarter basis, GDP grew by 1%. That's good news? Seriously?

Here is your problem Zander

Rightwing celebration of a negative GDP has been negated by a 4% second quarter growth. There is one more quarter before the November elections. It is all or nothing for Republicans. Another strong quarter and your ....Obama has trashed the economy card is worthless

Maybe you should try....Benghazi, Benghazi, Benghazi

Is it not grand how -2% means nothing to you but a guess of +4% proves all of history wrong? Is it not wonderful that you can take this single number of 4% that you yourself know will be revised down and claim how it spells doom for Republicans?

Well, what are Republicans going to run on?
GDP has rebounded and unemployment should be below 6%
Obamacare did not cause the collapse of our healthcare system as predicted by Republicans

I guess you still got Benghazi and the IRS

 

[Papageorgio]

I am more concerned about the USA than making political points on a thread..But I can see where your mind likes to put ones tongue upon...

Bull shit, you would not have mentioned "unless you're a rightwinger on USMB" if you were concerned about making political points on a thread.

It was a prognostication on the very easy to portend rwer's and their hate for Oblama, democrats, the economy and Americans. No good news is good news to them since their president is not in office...

So you admit to being concerned about making points on a thread. Funny how you try to justify your hypocrisy.

 

[Avorysuds]

It's amazing how little Obama-bots grasp the dangers of spending 20-30 years worth of debt to float the economy today will impact the country. We will prolly not even balance the budget and defiantly not start paying down that debt before we hit another recession... Meaning we will have to borrow more and add to the future bills even more.

Again, we all recognize how stimulus does stimulate the economy, but it seems like the Obama-bots fail to realize that it's all done on debt, and that debt is a bill. We are paying something like 11% of all revenues collect to debt. We don;t even count the FED-R as debt despite counting the taxes collected on that stimulus as revenues, meaning when the FED stops dumping money into the system, revenues drop hundreds of billions a year... Pushing that annual debt back up.

What is the response to the FED's trillion dollar stimulus and what will happen when it stops from the left? The FED has wanted to slow it's involvement for a couple years now, but every time it even mentions a tapper the markets drop, and they didn't even cut anything.

 

[KissMy]

Republicans "Starve the Government Beast" destroyed the US dollar & economy. The problem is Republicans increase spending & cut taxes to break the government beast & drown it in a bathtub. That causes runaway inflation, job loss & funnels most money to elitist cronies. If you can't balance a budget, you should not have a credit line or bank account. Simpletons fail to realize the value of the US dollar is backed by the full faith & credit of the US government. When you drown the government, you drown the US dollar, jobs, economy & standard of living.

Republicans believe in fairytales & voodoo economics. The Wallstreet Bankers donate to & teach college economics that keeps money flowing to them. They preach more government stimulus saying the "Philips Curve" proves inflation creates jobs. The cultist drones thus vote for the people who spend the most & cut tax to cause inflation believing it will create jobs & stimulate the economy.

Democrats, Clinton & Obama proved they can increase record employment while cutting deficits & inflation. Bush destroyed 18 million jobs while increasing deficits creating massive inflation. Republicans only lookout for their entitled wealthy donors. They tax the working man to subsidize their rich friends.

 

[Sallow]

Seems the good news got the folks at USMB in a tizzy.

 

[Avorysuds]

Here is your problem Zander

Rightwing celebration of a negative GDP has been negated by a 4% second quarter growth. There is one more quarter before the November elections. It is all or nothing for Republicans. Another strong quarter and your ....Obama has trashed the economy card is worthless

Maybe you should try....Benghazi, Benghazi, Benghazi

Is it not grand how -2% means nothing to you but a guess of +4% proves all of history wrong? Is it not wonderful that you can take this single number of 4% that you yourself know will be revised down and claim how it spells doom for Republicans?

Well, what are Republicans going to run on?
GDP has rebounded and unemployment should be below 6%
Obamacare did not cause the collapse of our healthcare system as predicted by Republicans

I guess you still got Benghazi and the IRS

I don't like the GOP so I don;t care what they run on.

Fact is Obamacare is widely unpopular and has some very real challenges headed it's way... The employer mandate that as been held off will but big.

No one believes the UE rate, well Obama-bots do but the UE rate is known as a joke number and that's to people that are not even political.

The economy is doing so wonderful that everytime a number is released there is a mountain of people waiting to see wtf it is... That's because we all know the economy 6 years later and well over 12 trillion in stimulus later is teetering on falling back to a recession.

 

[Sallow]

Republicans "Starve the Government Beast" destroyed the US dollar & economy. The problem is Republicans increase spending & cut taxes to break the government beast & drown it in a bathtub. That causes runaway inflation, job loss & funnels most money to elitist cronies. If you can't balance a budget, you should not have a credit line or bank account. Simpletons fail to realize the value of the US dollar is backed by the full faith & credit of the US government. When you drown the government, you drown the US dollar, jobs, economy & standard of living.

Republicans believe in fairytales & voodoo economics. The Wallstreet Bankers donate to & teach college economics that keeps money flowing to them. They preach more government stimulus saying the "Philips Curve" proves inflation creates jobs. The cultist drones thus vote for the people who spend the most & cut tax to cause inflation believing it will create jobs & stimulate the economy.

Democrats, Clinton & Obama proved they can increase record employment while cutting deficits & inflation. Bush destroyed 18 million jobs while increasing deficits creating massive inflation. Republicans only lookout for their entitled wealthy donors. They tax the working man to subsidize their rich friends.

The Norquist/Friedman economy paradigm was and is a dismal failure..that should be the one drowning in the bathtub.

 

[rightwinger]

Is it not grand how -2% means nothing to you but a guess of +4% proves all of history wrong? Is it not wonderful that you can take this single number of 4% that you yourself know will be revised down and claim how it spells doom for Republicans?

Well, what are Republicans going to run on?
GDP has rebounded and unemployment should be below 6%
Obamacare did not cause the collapse of our healthcare system as predicted by Republicans

I guess you still got Benghazi and the IRS

I don't like the GOP so I don;t care what they run on.

Fact is Obamacare is widely unpopular and has some very real challenges headed it's way... The employer mandate that as been held off will but big.

No one believes the UE rate, well Obama-bots do but the UE rate is known as a joke number and that's to people that are not even political.

The economy is doing so wonderful that everytime a number is released there is a mountain of people waiting to see wtf it is... That's because we all know the economy 6 years later and well over 12 trillion in stimulus later is teetering on falling back to a recession.

Is that it?

Republicans are going to run on "The unemployment numbers are fake?

 

[pinqy]

And the one positive thing about a 0 interest rate?

Is that you have alot of options to deal with inflation.

We'll see.

The inflation spawned by central banks over the past 15 years hasn't been in consumer prices but in asset prices.

There was massive consumer price inflation from year 2002 to 2011.

You're citing commodity prices, not consumer prices. It's right there in the title of the page "Commodity food price index." So the average commodity price increased 118% from the annual average of 2002 to the annual average of 2011, but the Consumer Price Index shows a 29% increase.

 

[pinqy]

No one believes the UE rate, well Obama-bots do but the UE rate is known as a joke number and that's to people that are not even political.

Actually, the only people I've ever heard that don't believe it are those who don't understand it. They always think it measures things it doesn't measure and isn't meant to measure.