US Economy Showing More Signs Recovery Is Slowing

Reuters via CNBC ^ | 8/19/2010 | Reuters & CNBC

[Qbert]

...Unexpectedly.

[circlecity]

I’ve been seeing this same headline for 4 months now. Thus prompting the question, “What recovery?”

[pnh102]

The MSM really should give up at this point. No rational, sane person believes that we’ve ever been in any sort of recovery.

[DonaldC]

Somebody needs a pic of a car crash with a caption reading, it appears to be slowing...

My fear is this is the new normal, just like Europe.

[jersey117]

US Economy Showing More Signs Recovery Is Slowing

Ya think? Why does CNBC even bother to call it a "recovery".

[evets]

[Blue Jays]

They absolutely love using the word unexpectedly wherever they can!

[randog]

Economists had expected a reading of 7.0, based on the results of a Reuters poll...

Well there's yer problem!

[Carl LaFong]

“Recovery is slowing”
I never thought I’d actually live to see a day when what used to be informational media devolved to become simply an operation of politically biased and agenda driven Orwellian-speak.It’s simply incredible.

[avacado]

"US Economy Showing More Signs Recovery Is Slowing Recession is Deepening"

[dalebert]

there never was a recovery...the gov temp jobs ran out.thats all

[Pining_4_TX]

Arrghhh! There never was a recovery, unless it was in ice cream sales to the Obamas! Just because the stock market went up for a while, does not mean we had a recovery.

[Blue Jays]

If we each knocked back a strong drink upon hearing "unexpectedly" from the lamestream media, we would all be passed-out on the floor by now!

[gov_bean_ counter]

These "expectations" can't be based on anything more than the vain hope that things will get better. There is certainly no existing economic model which accurately measures human behavior that would lead anyone to believe the economy is on the mend.

The bottom line is that Libs are realizing it is a lot easier to talk an economy down than talk it up...

[Wyatt's Torch]

On a call right now with IHS Global Insight and they have revised down their 2011 GDP to 2.5% growth. They believe that 2Q10 GDP growth will be revised downward from the original BEA report of 2.4% to 1.1%.

An ISI survey of economists shows 2011 GDP average of 1.9%. That’s pathetic after such a deep recession.

[sunmars]

well can’t wait to see this sentence in Nov....the house and senate unexpectedly fll to the republicans in a asswhooping landslide.

there, i approve of the use of the word unexpectedly in that sentence.

[SpaceBar]

The media is trying to condition us into accepting the new socialist state like it’s always been this way. I forget if we’re at war with Oceania or Eastasia at the moment.

[Red Badger]

I see signs that this cat's recovery is slowing..............

[Red Badger]

See Post 18.............

[andy58-in-nh]

Why does CNBC even bother to call it a "recovery".

Because their advertisers and guest "analysts" want you to buy more stuff you can't afford and invest in stocks for which there are no current earnings prospects.