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Thread: Q3 GDP Grew 5%, "Fastest Rate In More Than a Decade"

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    Q3 GDP Grew 5%, "Fastest Rate In More Than a Decade"

    http://www.nytimes.com/2014/12/24/bu...=top-news&_r=0

    GDP figures were revised to 5%, up from 3.9%. Growth in Q3 was mostly due to:
    • Investment by businesses
    • Increased consumer spending
    • Improvements in trade

    Consumption may be up in Q4 due to falling gas prices. This means Q3 was the strongest quarter since 2003.

    Keep in mind that there is obviously much more to an economy than GDP, but it's still a good sign.

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    Re: Q3 GDP Grew 5%, "Fastest Rate In More Than a Decade"

    I'll wait for the 9th thread on this subject before making a more substantial comment. No real reason for the 9th, just sounds nice.
    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people." - Penn Jillette.

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    Re: Q3 GDP Grew 5%, "Fastest Rate In More Than a Decade"

    Quote Originally Posted by OrphanSlug View Post
    No real reason for the 9th, just sounds nice.
    Pretty much summed up my opinion of libertarianism in a nutshell--as long as it sounds nice....

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    Re: Q3 GDP Grew 5%, "Fastest Rate In More Than a Decade"

    Quote Originally Posted by Declan View Post
    Pretty much summed up my opinion of libertarianism in a nutshell--as long as it sounds nice....
    If you would actually like to have an intelligent discussion of libertarianism rather than engage in childish drive by's, man up and start a thread on the subject.

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    Re: Q3 GDP Grew 5%, "Fastest Rate In More Than a Decade"

    Quote Originally Posted by Declan View Post
    Pretty much summed up my opinion of libertarianism in a nutshell--as long as it sounds nice....
    That was pretty good
    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people." - Penn Jillette.

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    Re: Q3 GDP Grew 5%, "Fastest Rate In More Than a Decade"

    Quote Originally Posted by Fletch View Post
    If you would actually like to have an intelligent discussion of libertarianism rather than engage in childish drive by's, man up and start a thread on the subject.
    I have no need to discuss what the voices in other people's heads are saying to them. There is no childish drive by. Like Hemingway, less is more.

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    Re: Q3 GDP Grew 5%, "Fastest Rate In More Than a Decade"

    Quote Originally Posted by Declan View Post
    I have no need to discuss what the voices in other people's heads are saying to them. There is no childish drive by. Like Hemingway, less is more.
    Gutless liberalism.

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    Re: Q3 GDP Grew 5%, "Fastest Rate In More Than a Decade"

    Quote Originally Posted by Visbek View Post
    http://www.nytimes.com/2014/12/24/bu...=top-news&_r=0

    GDP figures were revised to 5%, up from 3.9%. Growth in Q3 was mostly due to:
    • Investment by businesses
    • Increased consumer spending
    • Improvements in trade

    Consumption may be up in Q4 due to falling gas prices. This means Q3 was the strongest quarter since 2003.

    Keep in mind that there is obviously much more to an economy than GDP, but it's still a good sign.
    That is good news. We needed this kind of news. Happy New Year!
    Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields

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    Re: Q3 GDP Grew 5%, "Fastest Rate In More Than a Decade"


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    Re: Q3 GDP Grew 5%, "Fastest Rate In More Than a Decade"

    Durable Goods Orders in U.S. Unexpectedly Fell 0.7% in November

    Durable Goods Orders in U.S. Unexpectedly Fell 0.7% in November - Bloomberg

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