Until next week when they quietly readjust the numbers.
Woohoo. Great headline for Obama! Faster paced growth! Wow...we hit 1%. Amazing results. Never seen before!
WHOA WHOOOOOOOOO
Cheap gasoline.
A talking head on bloomberg tv said that this was actually bad news because of how they calculated something with inventory. I guess the adjusted number should have been the same or lower, not higher.
So, we’re now cheering 1% growth?
I guess this explains why we’re all rich.
Transport Topics?
Our business is bulk Ag. The bottom fell out last quarter. Still slow Q1 2016
Cheaper gas allows more spending for ‘bama care......
1% is pathetic. This would be reported as an economic catastrophe if the incumbent president was a Republican.
1% OMG Who needs Trump now to better the economy! Obama has US on a Roll:-)
Hold your horses,
It soon will be lowered as have all oba mmy’s rosey numbers
I find very little in this article that I believe to be true.
2% growth? When? Where? Estimated? Actual? Just a bunch of
mush.
SNL Skit
Business proposition, pure and simple. Same thing if you elect me President. Now, see here, Preident Bush gets $200,000 a year - forget it! If I’m President, we get 0% growth, you don’t pay me nothing. 1% growth? Hell, a chimpanzee could run this country and make 1% growth! So you don’t pay me dime one. Got my own plane, don’t need Air Force One. State Dinners? I’ll pay it, it’s nothing to me, sand on the beach! Now, don’t worry about ol’ Ross Perot, I got $3 billion back at home.
Now, here’s the deal. Here’s what I’m trying to tell you. 3% growth in our economy, $120 billion growth in our GNP - I get a billion dollars. Now, think about it, that’s a bargain! You’re up $119 billion. I’m telling you, 2.99% growth, I don’t see a penny, not one red cent. But don’t feel sorry for me - I got $3 billion. I’m gonna be fine.
Now, this here’s a business proposition. Now, see, 4% growth, you pay me $20 billion. The way I see it, you’re ahead $140 billion, see? Now, this ain’t no golden parachute, this isn’t the President GM giving himself a big bonus when the company’s losing money sending jobs to Mexico. I get my money if and when you get yours.
Now, 5% growth, I get $50 billion. Everybody’s happy, see? See, that’s it, it’s all right there just lied out on the table, you can take it or leave it, I don’t care. I’m gonna do fine, I got $3 billion sitting in the bank.
Now, I bought four minutes of national airtime to lay this out for y’all, and I see I got about 30 seconds left here, which I sold on contingency to the Munsenwear people. [ reads from card ] “Munsenwear, the underwear for the active man. Cut generously with a double-flap pouch for extra comfort. 100% cotton to prevent shrinkage. Munsenwear, because you don’t want your underwear to be like an Apache creeping up on you when you least expect it.” Thank you.
Announcer: Paid for by the Perot For President Committee, and Munsenwear.
So now we are subjected to the cheerleaders of expectations. This couldn't be a more meaningless measure. But it is quite "Democratic".
Be sure to watch for it on the "news".
Sure it did. It increased at 1/3 the inflation rate.