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

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

    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

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

    As many of us not left of center have been saying, Obamacare is killing jobs and job growth. If it is not repealed, our country's better days will be behind us and not in our future. We are now in an out-of-control downward spiral economically. It will be entertaining at least to see the administration, the pundits and the apologists try to spin their way out of this one.

    Obama is an abysmal failure and his policies are now coming to fruition. Can't blame this on Bush can they.
    Welfare (Food Stamps, WIC, etc...) are not entitlements. They are taxpayer funded handouts and shouldn't be called entitlements at all. Social Security and Veteran's benefits are 'Entitlements' because the people receiving them are entitled to them. They were earned and paid for by the recipients.

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

    Quote Originally Posted by RedAkston View Post
    As many of us not left of center have been saying, Obamacare is killing jobs and job growth. If it is not repealed, our country's better days will be behind us and not in our future. We are now in an out-of-control downward spiral economically. It will be entertaining at least to see the administration, the pundits and the apologists try to spin their way out of this one.

    Obama is an abysmal failure and his policies are now coming to fruition. Can't blame this on Bush can they.
    You are correct, Red. They can't blame this on Bush, but that certainly won't stop them.

    Obama will say something profound on this issue, like "I inherited this mess and the Republicans have done nothing but obstructed all of my efforts to help Main Street", and the Obamabots will bob their collective heads in agreement, say what a wonderful smart man he is, and that this is all because of Bush, Cheney, Halliburton, and the Party of No.

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

    I thought you guys believe the numbers given by the government were BS.

    Is it accurate now?
    A man without fear is a fool, a man that succumbs to his fear is a coward and a brave man acknowledges fear yet presses on.
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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by Tettsuo View Post
    I thought you guys believe the numbers given by the government were BS.

    Is it accurate now?
    I don't think so. As far as I can see, we are still in the great recession. We've had a lousy economy since late 2007.

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

    Quote Originally Posted by RedAkston View Post
    As many of us not left of center have been saying, Obamacare is killing jobs and job growth. If it is not repealed, our country's better days will be behind us and not in our future. We are now in an out-of-control downward spiral economically. It will be entertaining at least to see the administration, the pundits and the apologists try to spin their way out of this one.

    Obama is an abysmal failure and his policies are now coming to fruition. Can't blame this on Bush can they.
    The only thing that has been keeping the economy "growing" is the insane influx of QE dollars into the market. The stock market growth has not been an indicator of a growing economy, it is the bellwether of coming hyper-inflation the likes of which we haven't seen since the Carter administration.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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

    Quote Originally Posted by Tettsuo View Post
    I thought you guys believe the numbers given by the government were BS.

    Is it accurate now?
    here is the start of the strawman arguments.

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

    Quote Originally Posted by Tettsuo View Post
    I thought you guys believe the numbers given by the government were BS.

    Is it accurate now?
    Given that the first figure they gave was that there was very minor growth, there really is no reason to believe the numbers. However, it seems they cannot ignore that there has been a significant downturn and no one is buying the "it's just the weather" excuse anymore.
    "For what is Evil but Good-tortured by its own hunger and thirst?"
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    Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q

    Quote Originally Posted by jmotivator View Post
    The only thing that has been keeping the economy "growing" is the insane influx of QE dollars into the market. The stock market growth has not been an indicator of a growing economy, it is the bellwether of coming hyper-inflation the likes of which we haven't seen since the Carter administration.
    yep the feds i have heard are already talking about raising interest rates so that must mean that something is coming that they are trying to ward off it they are raising interest rates a head of schedule.

    obama is carter 2.0 i think almost worse.

    his anti business policies and massive regulations are now coming to light.
    companies aren't expanding because they can't afford the added cost of employee's.

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

    While the economy's woes have been largely blamed on an unusually cold winter, the magnitude of the revisions suggest other factors at play beyond the weather.
    Gee, you think?

    Given enough time, even the "experts" are able to figure it out.

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