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Thread: U.S. Economy Shrinks By Most Since Great Recession in 1Q[W:487:681]

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Conservative View Post
    What you liberals see are only record profits, not record investments, low returns on that investment, and dividends to shareholders. The knowledge displayed by Obama and his supporters is quite disappointing but then what do you expect from a community agitator.
    I'm sorry, can you point out which of things you listed are causing pain for corporations or individuals? Everything I've read have shown huge amounts of stock buybacks to drive up stock prices, dividend payouts aren't an issue, and corporations have very low net re-investment.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Ockham View Post
    Google FDR halo. What did you get?
    Good one, you've obviously been able to prove that Halo's on Presidents pictures are not the norm
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by iliveonramen View Post
    Good one, you've obviously been able to prove that Halo's on Presidents pictures are not the norm
    Apparently NOT all presidents are seen as the messiah... remember .... ?

    Quote Originally Posted by iliveonramen
    So apparently all Presidents are seen as a Messiah because you can type in "halo XXX" and you'll get similar pictures.
    (Emphasis mine)

    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Ockham View Post
    Apparently NOT all presidents are seen as the messiah... remember .... ?



    (Emphasis mine)

    Touche sir
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by iliveonramen View Post
    Well I assumed I didn't have to point out that profit margins were the driving force of record profits, corporate revenue growth hasn't been stellar, but I should of remembered conservatives would have no clue that was the case.
    Do you understand return on investment? Any idea what the profit margins are for companies with those so called record profits? Better find out before spouting your rhetoric.

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by tres borrachos View Post
    I detest the use of "saving money" as much as I detest the use (and this on BOTH sides) of the word "revenue" when speaking of taxes. Revenue is what businesses call the income they receive from customers who buy their products and services (willingly).

    $28 billion. Holycrap, I can't believe someone knowingly brought in the Bush tax cuts and the $28 billion to imply that they make a difference. That's like saying that you need to cut expenses because you're broke, so you decide to stop spending $3 a month on bubblegum, and now you're fiscally prudent.
    Liberals also like to whine about how tax cuts "cost" money. Or that the tax cuts need to be "paid for". Huh? Pay for a tax cut? More screwy liberal logic. Stop spending OUR money then!
    "We have met the enemy and they are ours..." -- Oliver Hazard Perry
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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by iliveonramen View Post
    I'm sorry, can you point out which of things you listed are causing pain for corporations or individuals? Everything I've read have shown huge amounts of stock buybacks to drive up stock prices, dividend payouts aren't an issue, and corporations have very low net re-investment.
    Lower payrolls because of uncertainty. The largest operating expense of any major company is payroll and Obama is seeing to it that businesses have no idea what their costs are going to be. Your support for Obama is a huge mistake. one day you are going to realize it.

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by iliveonramen View Post
    It's both

    no.....

    We are at the end of the Q1 earnings season, with results from only 38 S&P 500 members still awaited at this stage. The reporting cycle has ended for 10 of the 16 Zacks sectors and even the Retail sector now has Q1 results from 74% of the sector’s total market capitalization. As such, the remaining reports are unlikely to change the Q1 earnings picture in any meaningful way.

    What we saw this earnings season was anemic growth and continuation of the negative guidance that has become a recurring theme quarter after quarter for more than a year now.

    This didn’t come as a surprise, as earnings growth has been hard to come by for some time and Q1’s unique issues only added to those pre-existing challenges. Weather became a recurring theme in everything related to Q1. The U.S. economy’s growth numbers for the quarter provide a good context for the earnings performance of Wal-Mart (wmt), FedEx (fdx) and many others in Q1. With respect to the economy, however, more recent economic data is pointing towards improved growth momentum from Q2 onwards, even though the pathway to the more aggressively optimistic GDP growth estimates is unclear at this stage.

    We are not seeing anything comparable on the earnings front, with estimates for the current period starting to follow the trend that has been in place for almost two years now – they are going down. This is a trend that has been in place for almost two years now, with the pace expected to accelerate further in the coming days.

    Q1 Earnings Season Coming to an End - May 15, 2014 - Zacks.com
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Demon of Light View Post
    Too bad personal spending is not bouncing back at all. A lot of data is still outstanding, so one cannot make a meaningful judgment based on what data has been presented. Personal spending did prompt a number of downgrades to estimates, though. History suggests Q1 was the starting point of a recession.
    You may be right.


    319,000 jobs in the all important 25-54 age range (which makes up over 65% of the work force) have been lost since March.

    Table A-9. Selected employment indicators


    U.S. durable goods orders dropped 1.0% in May.

    U.S. Durable Goods Orders Drop 1.0% in May - WSJ


    The trade deficit in April (last reported month) was the worst since March 2012.

    Plus, imports for the month hit an all time record while exports dropped from March to April.

    Foreign Trade - U.S. Trade with World, Seasonally Adjusted


    Where is this rebound quarter supposed to come from?

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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Conservative View Post
    Do you understand return on investment? Any idea what the profit margins are for companies with those so called record profits? Better find out before spouting your rhetoric.
    Yup, those are pretty basic.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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