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

  1. #51
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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Visbek View Post
    Of course it isn't. It also isn't the first winter that's had an effect on GDP growth.

    Oh, and is this what failure looks like?





    "Wealth redistribution?" You mean the dramatic increase in economic inequality, the highest in the US since the 1920s?

    What policies do you genuinely interpret as massively redistributing wealth? Obama barely squeaked in one small tax hike on the super-rich. Obama didn't change the criteria for TANF or AFDC. Is extending unemployment what you're referring to?

    "Attacks" on the coal industry? You mean, promoting natural gas? And proposing policies that won't take an effect for several years, that's going to cause a drop in GDP in a single quarter?

    Now, I might agree that the ACA had a small effect -- in that again, health care spending went down. As in, people are spending less on health care, including insurance. Some of that might be linked to the ACA. However, that's not going to result in massive waves of layoffs.
    Let me see if I have this right, we have a 15.8 trillion dollar economy with a 17.6 trillion dollar debt and that is good news to you. Do you people have a clue?

    Sorry but you are out of touch with reality. Fact, Obama has a low job approval rating for a reason. You are unable to figure it out. If the pie doesn't grow then the gap between the rich and poor is going to increase,. Why aren't you getting part of that pie?

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

    Quote Originally Posted by Mustachio View Post
    Where do you live? I'm from Minnesota, where we had the worst winter ever. Most snow and most freezing days in my lifetime, and there was only one other winter in the last 4 decades that compared - it was in the early '80s. So do I believe that the winter had an effect on the economy? Of course I do - I saw it for myself. Everybody in this state just stayed at home, that will obviously have a detrimental effect on the economy. And I know that what happened here happened in other states as well.

    You are basing your conclusions despite the facts, not on the facts. "Wealth redistribution?" Seriously? What are you even talking about?
    I lived in the Midwest throughout the 80's and we had terrible winters then but still had strong economic growth and job creation. Stop making excuses for incompetence. I live in TX now and the winter here was the worst on record and yet we still grew. I am basing my conclusions of BLS, BEA, and Treasury Data. You ought to familiarize yourself with the actual data and look particularly at the U-6 rate, the unemployment levels for the young and African Americans. What is it going to take for you to realize that liberalism is an absolute failure in a private sector economy. Maybe that is the problem you want us to be more like Europe so you don't have to work hard to be taken care of?

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

    Quote Originally Posted by Conservative View Post
    U.S. Economy Shrinks By Most Since Great Recession in 1Q | Fox Business

    Congratulations, Liberals, you are getting what you want, A European Socialist economy dependent on a Federal Govt. run by liberals and with more people dependent on that govt. for existence. This is exactly what you get when you elect and re-elect a totally unqualified individual to the highest office in the land, High unemployment, high debt, low economic growth are the new normal in this country
    Poll: Nearly five years into Obama’s presidency, most Americans still blame Bush for economic problems.


    From WaPo Poll.

    http://hotair.com/archives/2013/12/1...omic-problems/
    Killing one person is murder, killing 100,000 is foreign policy

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

    Quote Originally Posted by ARTHUR 1976 View Post
    Gee i guess you forgot that the house is dominated by Republicons, who shut down the Government last year creating 17 billion of new debt, not to mention trying to repeal the Aca for 50+ times, real productive huh???, guess that's why their approval ratings are 13%, and Obama is in the 40's%
    Dependent on GOVERNMENT, LOL, guess that's what you would call the Republicons who are "dependent on Gov, to start all of their failed wars, that drag on forever, wanna talk about corporate welfare????, naaahhh keep on smoking on that Republicon pole..
    Really? So when the Democrats Controlled the Congress from January 2007-January 2011 everything was rosy? Where do you get this information? Do you know the difference between the current 17.5 TRILLION in debt and 17 BILLION?

    You really think Congressional approval ratings are relevant? Do you vote for my Representative? No doubt about it, you are a progressive and this economy must make you giddy.

    You prove just how hard liberalism is to kill and it has to be destroyed but the problem is when this country is destroyed by people like you it will be too late.

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

    Quote Originally Posted by Conservative View Post
    Let me see if I have this right, we have a 15.8 trillion dollar economy with a 17.6 trillion dollar debt and that is good news to you. Do you people have a clue?

    Sorry but you are out of touch with reality. Fact, Obama has a low job approval rating for a reason. You are unable to figure it out. If the pie doesn't grow then the gap between the rich and poor is going to increase,. Why aren't you getting part of that pie?
    Bush had a low job approval rating for a reason, TOO! When will partisans realise they've been duped?
    Killing one person is murder, killing 100,000 is foreign policy

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

    Quote Originally Posted by Montecresto View Post
    Poll: Nearly five years into Obama’s presidency, most Americans still blame Bush for economic problems.


    From WaPo Poll.

    Poll: Nearly five years into Obama’s presidency, most Americans still blame Bush for economic problems Hot Air
    What a surprise, many people never accept responsibility for anything. it is always easier to place blame instead of accepting responsibility for poor choices made. Rather sad what this country has become.

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

    Quote Originally Posted by Montecresto View Post
    Bush had a low job approval rating for a reason, TOO! When will partisans realise they've been duped?
    I wonder why? Democrats controlled the Congress in 2007-2008 yet the economy is Bush's fault? Democrats controlled the Congress from 2009-2011 and it is still Bush's fault? Republicans controlled the House from January 2011 to the President and the economy is the Republican House's fault? Do you people have any clue as to what leadership is?

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

    Quote Originally Posted by Conservative View Post
    I wonder why? Democrats controlled the Congress in 2007-2008 yet the economy is Bush's fault? Democrats controlled the Congress from 2009-2011 and it is still Bush's fault? Republicans controlled the House from January 2011 to the President and the economy is the Republican House's fault? Do you people have any clue as to what leadership is?
    "You people"? Partisans are the problem. Both parties have placed us where we are, why can't you see that?
    Killing one person is murder, killing 100,000 is foreign policy

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

    So much for a massive GDP turnaround in Q2:

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

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

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

    Quote Originally Posted by Montecresto View Post
    "You people"? Partisans are the problem. Both parties have placed us where we are, why can't you see that?
    Yes, I can see that but leadership is about taking responsibility and that is something Obama has never done and you seem to give him a pass on. Both parties are running for the next election and not for doing what is right and that means making tough choices. Stop the welfare society we are creating and force people to work even if it is public jobs to collect unemployment or to get welfare. Take care of those TRULY in need but not those abusing the system

    I stand by my statement, don't think that progressives and liberals have a clue and many do want a socialist economy with the govt. controlling distribution.

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