More economic good news! GDP rebounds 4%

[Avorysuds]

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?

I dono as like I said I don;t care what the GOP will run on... I'm not a Republican. Thought I made that incredibly clear.

What will Dems run on? Currently they have shifted away from Obamacare and on the local and state level Dems understand the economy is still crap so they can't run off the economy...

What will Hillary run off? Oh yeah I remember, that she was born with a Vagina and stayed with her cheating husband for political standings.

 

[Old Rocks]

LOL. So nice to see our 'Conservatives' with their tits in a wringer because the economy is improving. When President Obama leaves office in 2017, with a healthy economy in a nation that finally has moved toward a reasonable health care program, and we are making progress towards clean energy, what are you going to say?

You silly twits are hopeless. You cannot stand the thought of the President's successes.

 

[Sallow]

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?

That and Benghazi, IRS, and a plethora of fake and phony crapola.

Oh..and impeachment..must not forget that.

 

[Avorysuds]

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?

That and Benghazi, IRS, and a plethora of fake and phony crapola.

Oh..and impeachment..must not forget that.

Lets put it like this moron... In one year from now we'll still be having the same conversation we have had for the last 6 years... You noobs come out with "great news" every couple months yet here we are, still hanging out in a stagnate economy despite 2 trillion a year in stimulus spending.

 

[Old Rocks]

Is that it?

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

That and Benghazi, IRS, and a plethora of fake and phony crapola.

Oh..and impeachment..must not forget that.

Lets put it like this moron... In one year from now we'll still be having the same conversation we have had for the last 6 years... You noobs come out with "great news" every couple months yet here we are, still hanging out in a stagnate economy despite 2 trillion a year in stimulus spending.

That tit is really smarting, right

 

[WelfareQueen]

Economy rebounds to 4% growth pace in Q2
After terrible start to the year, the U.S. economy bounces back - Jul. 30, 2014

New data released Wednesday show the U.S. economy bounced back in the spring, growing at a 4% annual pace in the second quarter. That was even better than the forecast of 3% growth, according to a consensus of economists surveyed by CNNMoney.

Consumer spending, which alone accounts for about two thirds of U.S. economic activity, strengthened, as did exports to foreign countries and business investments.

American consumers spent more money on long-lasting goods like autos and furniture, and businesses invested more in technology and industrial equipment. Both can be seen as good signs that households and companies are more optimistic and investing in the future.



Great to see the first quarter numbers were not a trend

Lie. The numbers will be revised down hugely in a few months when people have forgotten. Obummer and his drones do this every time.

 

[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.

If you are not Republican, why are you arguing their side?

Economy must fail?

 

[Avorysuds]

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.

If you are not Republican, why are you arguing their side?

Economy must fail?

Are you completely retarded?

 

[Avorysuds]

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.

If you are not Republican, why are you arguing their side?

Economy must fail?

The problem is that under Bush you lemmings were so pro destroying the Nations image abroad and collapsing our economy due to hating Bush that you succeeded...

Why did you do it, because the economy and country must fail?

That's how it is hearing you crap out your mouth.

 

[rightwinger]

Economy rebounds to 4% growth pace in Q2
After terrible start to the year, the U.S. economy bounces back - Jul. 30, 2014

New data released Wednesday show the U.S. economy bounced back in the spring, growing at a 4% annual pace in the second quarter. That was even better than the forecast of 3% growth, according to a consensus of economists surveyed by CNNMoney.

Consumer spending, which alone accounts for about two thirds of U.S. economic activity, strengthened, as did exports to foreign countries and business investments.

American consumers spent more money on long-lasting goods like autos and furniture, and businesses invested more in technology and industrial equipment. Both can be seen as good signs that households and companies are more optimistic and investing in the future.



Great to see the first quarter numbers were not a trend

Lie. The numbers will be revised down hugely in a few months when people have forgotten. Obummer and his drones do this every time.

Then why were last quarters numbers revised upward?

 

[Zander]

.

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

You're an economic illiterate who believes that the stock market is "the economy".

Personally, I couldn't care less about the politics.

Unlike you, I do not blame or credit the POTUS for the performance of the US economy, regardless of who is in office or which party he is from.

Bottom line - despite the 2Q GDP estimate, the economic data is not good.

 

[pinqy]

Economy rebounds to 4% growth pace in Q2
After terrible start to the year, the U.S. economy bounces back - Jul. 30, 2014

New data released Wednesday show the U.S. economy bounced back in the spring, growing at a 4% annual pace in the second quarter. That was even better than the forecast of 3% growth, according to a consensus of economists surveyed by CNNMoney.

Consumer spending, which alone accounts for about two thirds of U.S. economic activity, strengthened, as did exports to foreign countries and business investments.

American consumers spent more money on long-lasting goods like autos and furniture, and businesses invested more in technology and industrial equipment. Both can be seen as good signs that households and companies are more optimistic and investing in the future.



Great to see the first quarter numbers were not a trend

Lie. The numbers will be revised down hugely in a few months when people have forgotten. Obummer and his drones do this every time.

I'd love to see you document that.

 

[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

You're an economic illiterate who believes that the stock market is "the economy".

Personally, I couldn't care less about the politics.

Unlike you, I do not blame or credit the POTUS for the performance of the US economy, regardless of who is in office or which party he is from.

Bottom line - despite the 2Q GDP estimate, the economic data is not good.

You are the idiot who thinks GDP is the stock market

 

[Avorysuds]

Economy rebounds to 4% growth pace in Q2
After terrible start to the year, the U.S. economy bounces back - Jul. 30, 2014

New data released Wednesday show the U.S. economy bounced back in the spring, growing at a 4% annual pace in the second quarter. That was even better than the forecast of 3% growth, according to a consensus of economists surveyed by CNNMoney.

Consumer spending, which alone accounts for about two thirds of U.S. economic activity, strengthened, as did exports to foreign countries and business investments.

American consumers spent more money on long-lasting goods like autos and furniture, and businesses invested more in technology and industrial equipment. Both can be seen as good signs that households and companies are more optimistic and investing in the future.



Great to see the first quarter numbers were not a trend

Lie. The numbers will be revised down hugely in a few months when people have forgotten. Obummer and his drones do this every time.

Then why were last quarters numbers revised upward?

because they were revised down first, massive down to the ever so slight up.

 

[Avorysuds]

Economy rebounds to 4% growth pace in Q2
After terrible start to the year, the U.S. economy bounces back - Jul. 30, 2014

New data released Wednesday show the U.S. economy bounced back in the spring, growing at a 4% annual pace in the second quarter. That was even better than the forecast of 3% growth, according to a consensus of economists surveyed by CNNMoney.

Consumer spending, which alone accounts for about two thirds of U.S. economic activity, strengthened, as did exports to foreign countries and business investments.

American consumers spent more money on long-lasting goods like autos and furniture, and businesses invested more in technology and industrial equipment. Both can be seen as good signs that households and companies are more optimistic and investing in the future.



Great to see the first quarter numbers were not a trend

Lie. The numbers will be revised down hugely in a few months when people have forgotten. Obummer and his drones do this every time.

I'd love to see you document that.

He actually has a great point. The numbers get touted as great before they are correct, then later people hear lower numbers but still remember not so long ago "good numbers." Most people have no idea what the numbers mean or even that 4% being revised down means we never were at 4%... They simply see lets say 3% and remember a 4% and think, good!

 

[Zander]

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

You're an economic illiterate who believes that the stock market is "the economy".

Personally, I couldn't care less about the politics.

Unlike you, I do not blame or credit the POTUS for the performance of the US economy, regardless of who is in office or which party he is from.

Bottom line - despite the 2Q GDP estimate, the economic data is not good.

You are the idiot who thinks GDP is the stock market

Sorry bub, you're economic ignorance is well documented ....

http://www.usmessageboard.com/polit...record-on-track-to-hit-17k-2.html#post9088887

http://www.usmessageboard.com/polit...w-record-on-track-to-hit-17k.html#post9088770

 

[Zander]

Lie. The numbers will be revised down hugely in a few months when people have forgotten. Obummer and his drones do this every time.

I'd love to see you document that.

He actually has a great point. The numbers get touted as great before they are correct, then later people hear lower numbers but still remember not so long ago "good numbers." Most people have no idea what the numbers mean or even that 4% being revised down means we never were at 4%... They simply see lets say 3% and remember a 4% and think, good!

Here's an excellent article about that exact issue....

From the initial estimate to the first revision, the average absolute change is a little over 0.50 percent. From the first to the second revision, it changes on average nearly a quarter percentage point.

What’s most astounding is how much GDP changes from the third “real time” estimate to its historical estimate as refined by annual and benchmark revisions: nearly 1.5 percentage points. To put that in context, the average quarterly growth rate since 1975 is 2.7 percent. So GDP numbers in real time are, at best, a dim reflection of the state of the economy.

The Messy Truth Behind GDP Data | FiveThirtyEight

 

[zeke]

so........can we stop QE now.....?

Janet Yellen hasn't officially announced anything yet but the feeling is they'll stop it in October, and their excuse for tuning it so long was unemployment, not GDP.

I don't quite understand the right wings opposition to quantitative easing.

Instead of a tax cut for the ultra wealthy plutocrat, they got to take advantage of the cheapest cost of capital maybe ever.

And they made even more money from QE than they would have from a tax cut.

I thought Republicans were all for the ultra wealthy getting more ultra wealthy?

We are sold tax cuts for the ultra wealthy because they will trickle down and "create jobs".

We were sold QE because it would stimulate the economy and "create jobs"

Now what's the difference to hate one and not the other repubs? Neither worked.

The ultra wealthy are still making shit tons of money. And you all love that. Right? Money's good. More moneys more better? In the hands of the richest is best of all. Right wingers say so all the time.

 

[LoneLaugher]

Lie. The numbers will be revised down hugely in a few months when people have forgotten. Obummer and his drones do this every time.

I'd love to see you document that.

He actually has a great point. The numbers get touted as great before they are correct, then later people hear lower numbers but still remember not so long ago "good numbers." Most people have no idea what the numbers mean or even that 4% being revised down means we never were at 4%... They simply see lets say 3% and remember a 4% and think, good!

Please......document it. Lets look at the last 16 quarters and the revisions. shall we?

 

[rightwinger]

You're an economic illiterate who believes that the stock market is "the economy".

Personally, I couldn't care less about the politics.

Unlike you, I do not blame or credit the POTUS for the performance of the US economy, regardless of who is in office or which party he is from.

Bottom line - despite the 2Q GDP estimate, the economic data is not good.

You are the idiot who thinks GDP is the stock market

Sorry bub, you're economic ignorance is well documented ....

http://www.usmessageboard.com/polit...record-on-track-to-hit-17k-2.html#post9088887

http://www.usmessageboard.com/polit...w-record-on-track-to-hit-17k.html#post9088770

Sorry Z

Don't see where that does a thing to prove your point but it is still great to read another one of my outstanding posts