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U.S. economy slows to stall-speed (0.1% in Q1....any slower and we are contracting)
CNN Money ^

Posted on 04/30/2014 3:46:15 PM PDT by Red in Blue PA

The U.S. economy stalled in the first three months of 2014, but don't panic yet as it's probably just the winter weather effect.

Gross domestic product, the broadest measure of economic activity, grew at a 0.1% annual pace in the first quarter, the U.S. Bureau of Economic Analysis reported Wednesday.

That's brutally slow, even by sluggish post-recession standards. Since the Great Recession ended in June 2009, the economy has been growing at a rate of about 2% to 3% per year.

(Excerpt) Read more at money.cnn.com ...


TOPICS: News/Current Events
KEYWORDS: economy; jobs; obama; obamacare; obamanomics; obamarecession; obamataxhikes; recession
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To: tet68

What you said.
And he has all his federal agencies armed to the teeth.

He is setting us all up for an economic collapse with them in charge. “never let a crisis go to waste”.

Keep an eye out for these criminals to do unthinkable things.


41 posted on 04/30/2014 6:20:02 PM PDT by Texas resident (The democrat party is now the CPUSA)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

Thanks Red in Blue PA.

One-Tenth of 1% Economic Growth! [Rush Limbaugh]
http://www.freerepublic.com/focus/news/3150633/posts


42 posted on 04/30/2014 6:40:35 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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To: Red in Blue PA

“Gross domestic product, the broadest measure of economic activity, grew at a 0.1% annual pace in the first quarter, the U.S. Bureau of Economic Analysis reported Wednesday.”

If only ONE parameter has a rise, only that will be reported.....thus....
there will ALWAYS be reported economic growth, for one reason, to justify the constant rising price pressures of vital essential goods, food, and energy costs.......Due to the flooding of government paychecks and pensions into the markets and economy.

Only parameters that indicate % rise for that quarter are propagandized, while all others are surpress or hidden (such as private sector employment, housing sales, food costs, fuel costs, transportation vehicle prices).

Furthermore, the historical impact percentages, are ALWAYS NEVER reported, such as the comparisons of who actually OWNS a home or vehicle VS. “owning” a a mortage or “owning” vehicle payments, compared to 30-40 years ago, when corporation and government communism took over the U.S.

brainwashed most into believing “owing” is owning”


43 posted on 04/30/2014 7:01:05 PM PDT by Varsity Flight (Extortion-Care is the Government Work-Camp: Arbeitsziehungslager)
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To: Red in Blue PA
I guess it is better than .001%.

Wake up America, I long for the days of Jimmy Carter!!! November 2016 can't come fast enough....

44 posted on 04/30/2014 7:31:24 PM PDT by ExCTCitizen (I'm ExCTCitizen and I approve this reply. If it does offend Libs, I'm NOT sorry...)
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To: tet68

I pretty much agree. The guy has set back this nation twenty years.


45 posted on 05/01/2014 1:03:39 AM PDT by DoughtyOne
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To: The Sons of Liberty

Recovery Summer

Job Lock

It’s like living in an Orwell novel.


46 posted on 05/01/2014 8:32:51 AM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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