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Economy's 2.9% Growth In Q3 Looks Better Than It Is
Investors Business Daily ^
| 10/28/2016
| JED GRAHAM
Posted on 10/31/2016 4:19:50 AM PDT by expat_panama
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To: expat_panama
That will be wiped out by Obamacare premium increases due tomorrow.
Good economic news will be last thing on voters’ minds.
2
posted on
10/31/2016 4:21:48 AM PDT
by
goldstategop
((In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever))
To: expat_panama
Look for aa blowout jobs report this Friday. Probably in the area of 750,000 new jobs created, all full time. :-)
To: expat_panama
Growth in government spending... There ya go.
4
posted on
10/31/2016 4:24:59 AM PDT
by
mewzilla
(I'll vote for the first guy who promises to mail in his SOTU addresses.)
To: billyboy15
The books are being cooked before the election....fake stats that will be revised down later on.
5
posted on
10/31/2016 4:26:56 AM PDT
by
Nextrush
(Remember Pastor Niemoller: Freedom is everybody's business)
To: mewzilla
We need more investments and more benefits for the 47%.
They’ll lie to give Hillary a leg up the weekend before the election.
Count on it.
6
posted on
10/31/2016 4:28:06 AM PDT
by
goldstategop
((In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever))
To: expat_panama
The laughable Miami media just reported this number, calling it “solid growth”. Pathetic.
To: Nextrush
Yup.
If Trump wins, they’ll say we told ya so.
You can see it coming in the headlines they’ve prepped if Hillary doesn’t win.
8
posted on
10/31/2016 4:29:39 AM PDT
by
goldstategop
((In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever))
To: expat_panama
The pick up is due to lying
9
posted on
10/31/2016 4:30:25 AM PDT
by
bert
((K.E.; N.P.; GOPc;WASP .... Hilary is an Ameriphobe)
To: billyboy15
yep, and somehow obama’s 20 Trillion in debt absolved.
10
posted on
10/31/2016 4:31:47 AM PDT
by
wright2bear
(#NeverTrump is a mental disorder!)
To: expat_panama
The seasonal jobs always come just in time for the election!
To: expat_panama
Well except for when they adjust it and release the REAL results next month some time.
12
posted on
10/31/2016 4:40:20 AM PDT
by
rktman
(Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?!)
To: expat_panama
This government lies to us constantly. This economic report is another lie.
13
posted on
10/31/2016 4:44:04 AM PDT
by
Blennos
To: mewzilla
I guess it is because I’m not a highly trained economist, I still don’t understand how spending borrowed money can be seen as economic growth. It doesn’t work that way in my household.
14
posted on
10/31/2016 4:46:26 AM PDT
by
PTBAA
To: expat_panama
I don’t believe this stat or anything else that comes out of Washington. Wanna bet it’s revised downward a month after the election?
15
posted on
10/31/2016 4:47:41 AM PDT
by
Ge0ffrey
To: expat_panama
Hallelujah...Obama has turned it around!
16
posted on
10/31/2016 4:49:52 AM PDT
by
moovova
To: expat_panama
17
posted on
10/31/2016 5:11:44 AM PDT
by
mykroar
(Democrats in 2016: The party of genitalia, real or imagined.)
To: expat_panama
The pickup in growth was due to an upturn in inventory investment and an acceleration in exports and growth in federal government spending. Personal consumption expenditures grew at a slower pace, while residential fixed investment and state and local government spending were negatives.Bolding is mine.
Good news :)...
Yet earlier this month, the Social Security Administration released final numbers that show that the cost-of-living adjustment for Social Security in 2017 will amount to just a 0.3% increase. As if that weren't bad enough, most Social Security recipients won't see any increase at all, because the Medicare premiums withheld from their monthly benefit checks will rise just enough to eat up the entire cost of living adjustment.
Source.
18
posted on
10/31/2016 5:15:58 AM PDT
by
upchuck
(Attention Killary: Lying Is Stupid When The Truth Is So Easy To Find)
To: expat_panama
Economy's 2.9% Growth In Q3 Looks Better Than It Is Probably because REAL facts are much better than any 0bama Regime Mythical ones.
To: expat_panama
More manufactured figures similar to the unemployment numbers released just before the 2012 election. The USG figures are bogus and will be corrected after the election.
20
posted on
10/31/2016 5:46:57 AM PDT
by
kabar
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