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Thread: U.S. GDP Grows Just 1.3%

  1. #281
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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by cpwill View Post
    you are here:

    thanks!

    you need to post that graph a thousand times

    also this one: Five Health Care Promises Obama Won't Keep - CBS News

  2. #282
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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by Objective Voice View Post
    But Taylor, you have to factor in the unemployment numbers:

    1) one major book retailer going out of business.

    2) public employees being laid off or forced into "early" retirement.

    3) private companies who normally rely on government contracts not being able to acquire or renew those contracts due to reductions in government spending, which in turn have also forced layoffs from public-private partnerships.

    These things also factor into the increased unemployment numbers.
    I'm not sure I understand where you're going with this. I mean, stuff like this goes on in every down economy. In strong economies as well. How exactly do you propose they be factored in?

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by American View Post
    I asked you to get a room, why are you still here?
    I'm still holding out hope that you might come up with something clever to say.

  4. #284
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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by AdamT View Post
    By failing to pay for your internet service you default on your obligation to pay for your internet service. You think it's not going to affect your credit rating?
    I am not obligated to continue paying for internet services. I can cancel whenever I like. No, it will not hurt my credit.

    I will put it another way, if I cut back on buying sodas I don't default.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by PeteEU View Post
    Er wrong analogy.... big time. You are not cancelling your internet service, you are not paying for your internet service but still have a contract with the internet service provider. If you wanted to cancel your internet service, then you would have done it already.. which you have not done.
    You are inserting conditions that were not part of the anology. My contract is month to month and I can cancel whenever I like.

    We have to pay our debts or we default. If we close the DEA that will not lead to default.

  6. #286
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    Re: U.S. GDP Grows Just 1.3%

    I wonder how long a salesman would keep his job, if he bragged about a .4% increase in sales at the quarterly sales meeting.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by apdst View Post
    I wonder how long a salesman would keep his job, if he bragged about a .4% increase in sales at the quarterly sales meeting.
    probably would not get off the stage before being fired!

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by washunut View Post
    probably would not get off the stage before being fired!
    Reminds me of a president we know. Eh?

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by apdst View Post
    I wonder how long a salesman would keep his job, if he bragged about a .4% increase in sales at the quarterly sales meeting.
    Especially after adding 4 trillion to the debt to generate those numbers.

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    Re: U.S. GDP Grows Just 1.3%

    Quote Originally Posted by RStringfield View Post
    You are inserting conditions that were not part of the anology. My contract is month to month and I can cancel whenever I like.

    We have to pay our debts or we default. If we close the DEA that will not lead to default.
    Your analogy is inapposite. If the debt ceiling isn't raised we will be unable to meet existing obligations -- not just future obligations. So let's look at a corrected version of your analogy:

    Your personal debt ceiling isn't raised and you choose to pay your mortgage. But that means you won't be able to pay your electricity bill, your cable bill, your phone bill, or your car payment. These are all obligations you have already incurred and that you have promised to pay. This will affect your credit rating. And as a side note, your electricity, phone, and cable will be cut off, and your car will be repo'd.

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