g5000
Diamond Member
- Nov 26, 2011
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Economy Grew at 1.9% Rate in Quarter, Hit by Trade Fight and Global Weakness
Dogged by uneasiness over trade frictions and weak global growth, the American economy’s growth inched lower over the summer.
Gross domestic product — the broadest measure of goods and services produced in the economy — grew at a 1.9 percent annual rate for the third quarter, according to preliminary data released by the Commerce Department on Wednesday.
There is something of a tug-of-war going on between consumers, who continue to spend, and businesses, which have sharply pulled back on investment.
What benchmark did Trump and the pseudocons set for a 1.9 percent GDP growth figure? Hmmmm...
"The economy is in deep trouble."
Remember every time the Obama Administration reported the unemployment rate was dropping month after month, year after year, the tard herd began screaming about the Labor Force Participation Rate?
Well, it still sucks, kids:
Dogged by uneasiness over trade frictions and weak global growth, the American economy’s growth inched lower over the summer.
Gross domestic product — the broadest measure of goods and services produced in the economy — grew at a 1.9 percent annual rate for the third quarter, according to preliminary data released by the Commerce Department on Wednesday.
There is something of a tug-of-war going on between consumers, who continue to spend, and businesses, which have sharply pulled back on investment.
What benchmark did Trump and the pseudocons set for a 1.9 percent GDP growth figure? Hmmmm...
"The economy is in deep trouble."
Remember every time the Obama Administration reported the unemployment rate was dropping month after month, year after year, the tard herd began screaming about the Labor Force Participation Rate?
Well, it still sucks, kids:
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