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Thread: U.S. GDP Grows Just 1.3%

  1. #131
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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by PzKfW IVe View Post
    I blame GWB - after all, he left office >2.5 yrs ago.
    I also blame the GOP-controlled Congress - after all, they lost power >4.5 years ago.
    They've been in power for six months and since they've been there, GDP growth has slowed considerably. And unemployment has gone up.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by FilmFestGuy View Post
    All since Republicans took the house. What happened to their promise of jobs. They promised us that if we'd vote them in, they'd bring us jobs.

    GDP growth Since the recession came to an end:

    2009 Q4 - 3.8%
    2010 Q1 - 3.9%
    2010 Q2 - 3.7%
    2010 Q3 - 2.5%
    2010 Q4 - 2.3%

    GDP growth Since Republicans took the House.

    2011 Q1 - .4%
    2011 Q2 - 1.3%

    Unemployment rates from the end of the recession:

    Peaked at 10.1%; dropped to 8.9% in February, 2011.

    Since Republicans took the House.

    Increased to 9.2%

    And if trends keep up, the stock market will have lost all the gains it had made in 2011!

    So, let's recap: GDP growth slowed since Republicans took over. Unemployment is up instead of down since Republicans took over. And all of our retirements are about to collapse because a bunch of freshmen signed their pledge of allegiance to Grover Norquist.

    Hehehe^^^ You, what's really funny is that you are not even aware of the fail in this post?? Where do you suppose all that growth came from? And why do you suppsoe it's no longer growing?


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  3. #133
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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by FilmFestGuy View Post
    They've been in power for six months and since they've been there, GDP growth has slowed considerably. And unemployment has gone up.
    Because I'm a nice guy and I don't want you to -so- terribly embarass yourself, I'll give you a chance to delete your post.
    :rotfl:
    Last edited by PzKfW IVe; 07-29-11 at 03:18 PM.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by FilmFestGuy View Post
    They've been in power for six months and since they've been there, GDP growth has slowed considerably. And unemployment has gone up.
    Do you understand that the fiscal year of the U.S. runs from October to Sept. and that first quarter GDP is Oct. 2010 to December 2010 and second qtr is January 2011-March 2011? Stop buying what you are told. Republicans didn't take control until January 2011 and did so with Democrats calling all GOP House legislation DOA

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Objective Voice View Post
    They are relatively close to what most economist expected. A -0.5% difference (1.8 - 1.3) isn't much to panic about. The economy's in the ballpark of analysist estimates.
    no, the white house in the last federal budget passed into law forecast rosey growth rates of 4% for now and the foreseeable

    Who's Obama Kidding? - Forbes.com

    when gdp falls so short of budgetary expectations, deficits explode

    the admin also relies on near-zero interest rates forever

    which, when that expediency normalizes itself...

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by CriticalThought View Post
    the Tea Party has done far more damage in the last few months to consumer and lender confidence than Obama has probably done over his entire presidency
    if not for tea

    Harry Reid calls for clean debt ceiling vote - Meredith Shiner - POLITICO.com

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Conservative View Post
    Do you understand that the fiscal year...
    Do you understand that FFG is apparenly only interested in blamming Republicans, absolving Democrats and protecting The Obama?
    That'e the only possible conclusion one can draw from his post.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by PzKfW IVe View Post
    Do you understand that FFG is apparenly only interested in blamming Republicans, absolving Democrats and protecting The Obama?
    That'e the only possible conclusion one can draw from his post.
    I heard Obama doesn't know how to ice skate.
    Quote Originally Posted by faithful_servant View Post
    Being a psychiatric patient does not mean that you are mentally ill.



  9. #139
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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by PzKfW IVe View Post
    Do you understand that FFG is apparenly only interested in blamming Republicans, absolving Democrats and protecting The Obama?
    That'e the only possible conclusion one can draw from his post.
    No, actually it's because several conservatives have said the recession was the fault of the Democrats being in Congress for a year-and-a-half when it occurred. So if it's the Democrats being in Congress at fault for the recession, the Republicans have to suck this one up and eat it.

    However, the Republicans did say they would get us jobs if they were elected and so far they have not done so.

    But they are trying to pass a bill that will still have our national credit rating downgraded, which will cause all Americans to pay higher interest rates, increase the debt we currently have and THEN force everyone back into the same death spiral again in six months.

    That's responsible.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by FilmFestGuy View Post
    No, actually it's because several conservatives have said the recession was the fault of the Democrats being in Congress for a year-and-a-half when it occurred. So if it's the Democrats being in Congress at fault for the recession, the Republicans have to suck this one up and eat it.
    Thank you for proving my point.

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