[Son House]

And let's not forget the massive Government Deficit Spending Democrats all approve of, and enough Republicans 'went along to get along' with.

Graph can be seen at link.

[upchuck]

Related:

http://www.freerepublic.com/focus/f-news/3240841/posts

http://www.zerohedge.com/news/2014-12-23/here-reason-surge-q3-gdp

[Gaffer]

To me, being FORCED to purchase something (at the expense of other legitimate discretionary items) is not evidence of growth. It takes work and money already received (and part of what one would think is GDP) and forces a choice not wanted. Seems like double dipping fudging on the numbers to me.

[Bon mots]

Lies.

Just like unemployment.
Libs think that there are more jobs now than when Bush was President; fact is, there are over 4 million fewer jobs in America today than when Obama won his first election in 2008.

Inflation is another big lie. They have taken everything that inflates out of the inflation index. Maybe now they'll put energy back in since oil prices have collapsed.

Go do some food shopping and you'll see inflation. Smaller packages, generic packages, higher prices...

[headstamp 2]

The Affordable Care Extortion Act

[FreeAtlanta]

We have been Grubbered again. I heard the spending news this week and thought, wow! I don’t understand it, but great!

Now, I know the truth.

[fhayek]

By my quick calculations, the national debt has increased by 10% per year, compounded since Obama became president. Only now are we even getting a growth rate that is half of the rate of expansion of the debt. And that is just for one quarter If we ever expect to get a handle on the debt we need to grow the GDP faster than we grow the debt. I mean if the deficit this year is $500 billion, and the growth in GDP for the entire year was 5%, it would be around $500 billion. So what we have is a current expansion of GDP financed by future generations.

On top of that, the Fed has pumped trillions of newly minted dollars into the economy with all its quantitative easing. In my opinion, all this new money creates a potential inflation threat if it ever gets into circulation. I think inflation is higher than what the government has been reporting, and that would mute some of these 'wonderful' GDP numbers.

[Vaduz]

Incredible growth + Incredible debt = Subzero Gain

[Chode]

cause the price of gas going down and the $$$$$ spent on other things had nothing to do with it... right???

[jmaroneps37]

And we can thank the DoPS (the Department of Phony Statistics) and the Goebbels-like media who are stupid enough to think that we believe this crap.

[grania]

Got it. The GDP is up because people are forced to hand over more money to insurance companies.

I am Alice and this is Wonderland.

[ForYourChildren]

We’ve been grubered!!