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To: catfish1957

You realize the 2Q number was a bounceback from the ridiculously low 1Q number right? Look at the more normalized/smoothed data in #59.


61 posted on 09/26/2014 6:56:58 AM PDT by Wyatt's Torch
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To: Wyatt's Torch; catfish1957
...what we are seeing now is NOT indicative of a boom...

We can't always be seeing all the same things at the same time.  While the U.S. economy's not where we want it we'd be wrong to say everything that Americans produce is bad. 

Things are what they are and U.S. real percapita GDP is at an all time high.  Sure, political hacks can do with that fact whatever they want but what you and I care about is that from 1947 to the '07 recession U.S. GDP growth (adjusted for population and inflation) averaged two percent yearly, and since then the average has been only two tenths of a percent.

62 posted on 09/26/2014 7:59:27 AM PDT by expat_panama
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