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Thread: U.S. economy picks up speed

  1. #11
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    Re: U.S. economy picks up speed

    Quote Originally Posted by iguanaman View Post
    More bad news for Republicans I'm afraid, the GDP was revised UP to 3.9 % growth in the 3rd quarter. The best 6 month performance since 2003. Boy you really can see the results of Obama's "anti-growth" policies, they do better than Republican "growth" policies every time. Not that anyone cares, it seems voters are wistful for another recession and I'm sure the GOP Congress will do their best to make it happen. Recessions are what the GOP do best and with good reason. There is nothing better for upward wealth redistribution than a good recession.



    U.S. economy picks up speed - Nov. 25, 2014
    You forgot to mention that second quarter GDP growth was revised up to 4.6%.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: U.S. economy picks up speed

    Quote Originally Posted by faithful_servant View Post
    NO, the sad part is that too many people lack the willingness to look at situations honestly....
    I was thinking the exact same thing.

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    Re: U.S. economy picks up speed

    Quote Originally Posted by iguanaman View Post
    More bad news for Republicans I'm afraid, the GDP was revised UP to 3.9 % growth in the 3rd quarter. The best 6 month performance since 2003. Boy you really can see the results of Obama's "anti-growth" policies, they do better than Republican "growth" policies every time. Not that anyone cares, it seems voters are wistful for another recession and I'm sure the GOP Congress will do their best to make it happen. Recessions are what the GOP do best and with good reason. There is nothing better for upward wealth redistribution than a good recession.



    U.S. economy picks up speed - Nov. 25, 2014
    GDP is meaningless really. Yes the economy is improving, but it is not improving everywhere. Instead of crowing for Obama, we should be focusing on how to improve the situation on the ground in places where the economic base is in pretty dire straits and have been since before Obama and before the recession. It doesn't matter if GDP grows by 10% if it isn't growing at all in your city/county.

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