Author Topic: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1  (Read 512 times)

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Offline Carling

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US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« on: April 30, 2014, 11:27:41 AM »
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Offline DCPatriot

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Re: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« Reply #1 on: April 30, 2014, 11:29:07 AM »
Hmmmmmm......knew it wasn't my imagination!       :whistle:
"It aint what you don't know that kills you.  It's what you know that aint so!" ...Theodore Sturgeon

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Offline alicewonders

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Re: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« Reply #2 on: April 30, 2014, 11:41:37 AM »
Yeah, I'm sure it was all due to the harsh winter and that the roll-out of Obamacare had nothing to do with it whatsoever. 

That damn climate-change thingy.
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Offline katzenjammer

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Re: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« Reply #3 on: April 30, 2014, 11:47:39 AM »
To be frank, I've never seen the "weather" blamed for so much in the economy, nothing to this degree, ever.

Offline DCPatriot

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Re: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« Reply #4 on: April 30, 2014, 11:55:25 AM »
The sad truth about it.....when all the pent-up pressure of business investment explodes...it will be muted by double digit interest rates on borrowing.  CASH will be king.

Any bennies the GOP wishes to get in the way of credit for a 'recovery' will be muted by the high cost of borrowing and inflation.


And to insult to injury, the DEMS and MSM will point to the GOP and say, "SEE?   You will be better off under the triangulation of a Hillary Clinton administration".

We can't win for losing...... :shrug:
"It aint what you don't know that kills you.  It's what you know that aint so!" ...Theodore Sturgeon

"Journalism is about covering the news.  With a pillow.  Until it stops moving."    - Iowahawk

Offline massadvj

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Re: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« Reply #5 on: April 30, 2014, 11:56:14 AM »
To be frank, I've never seen the "weather" blamed for so much in the economy, nothing to this degree, ever.

I guess they finally figured it's been too many years to blame Bush and have any credibility.
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Offline katzenjammer

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Re: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« Reply #6 on: April 30, 2014, 11:59:07 AM »
I guess they finally figured it's been too many years to blame Bush and have any credibility.

LOL!!  There you have it!!

Offline alicewonders

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Re: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« Reply #7 on: April 30, 2014, 12:01:54 PM »
I guess they finally figured it's been too many years to blame Bush and have any credibility.

I'm surprised they're not blaming Putin yet. 

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Offline DCPatriot

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Re: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« Reply #8 on: April 30, 2014, 12:23:03 PM »
Let's not forget, too, that all federally supplied numbers are revised 4-6 weeks later.

It's probable that it's actually NEGATIVE growth.   
"It aint what you don't know that kills you.  It's what you know that aint so!" ...Theodore Sturgeon

"Journalism is about covering the news.  With a pillow.  Until it stops moving."    - Iowahawk

Offline mountaineer

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Re: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« Reply #9 on: April 30, 2014, 03:21:32 PM »
Let's not forget, too, that all federally supplied numbers are revised 4-6 weeks later.

It's probable that it's actually NEGATIVE growth.
That's the sad truth of it.
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Offline Relic

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Re: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« Reply #10 on: May 01, 2014, 09:36:26 AM »
I guess they finally figured it's been too many years to blame Bush and have any credibility.

Since when has credibility figured into anything the Obama administration says or does?

Offline Relic

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Re: US ECONOMY SLOWED TO 0.1 PERCENT GROWTH RATE IN Q1
« Reply #11 on: May 01, 2014, 09:42:18 AM »
Let's not forget, too, that all federally supplied numbers are revised 4-6 weeks later.

It's probable that it's actually NEGATIVE growth.

Jobs are a problem. People who have jobs, or those comfortable on their entitlements don't see a problem. The market is growing, the 401k numbers are good, inflation is managed. I golf with people in the building trades, business owners etc. Sure, there is uncertainty to hiring and healthcare costs, but business is good, very good. I have some small jobs that need to be done around the house. My contractor is too busy for me. He told me he's taking on bigger jobs than ever.

I know what's going on, to some small extent, behind the scenes. Quantitative easing, loose money policy. But, I'm telling you what the average person is seeing. IF the GOP doesn't manage to shoot itself in the foot, and takes Congress in November, there is danger ahead. The MSM and DNC are prepared to slaughter the newly Republican controlled Congress.


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