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Breaking News: Economy Grows by 2.7 Percent in First Quarter, Slower Than Previously Estimated
foxnews ^ | 25 June 2010 | foxnews

Posted on 06/25/2010 5:48:27 AM PDT by TSgt

Breaking News: Economy Grows by 2.7 Percent in First Quarter, Slower Than Previously Estimated

(Excerpt) Read more at foxnews.com ...


TOPICS: Breaking News; Business/Economy; Government
KEYWORDS:
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To: TSgt

Less of a slide to a double dip.


21 posted on 06/25/2010 6:01:13 AM PDT by 9YearLurker
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To: bamahead

http://www.foxnews.com/us/2010/06/25/economy-grows-percent-quarter-slower-pace-previously-estimated/


22 posted on 06/25/2010 6:01:16 AM PDT by Neidermeyer
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To: TSgt

Is it too much to ask to get some economists that can accurately project something?

/sarc


23 posted on 06/25/2010 6:03:18 AM PDT by dforest
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To: Tax-chick

coffee?


24 posted on 06/25/2010 6:03:18 AM PDT by palmer (Cooperating with Obama = helping him extend the depression and implement socialism.)
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To: TSgt

And, you know it will be revised downward later anyway.


25 posted on 06/25/2010 6:03:50 AM PDT by anniegetyourgun
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To: TSgt

I know their is a Captain Obvious cartoon,which I thoroughly enjoy, but perhaps its time to create a Captain Unexpected one for all the ‘Unexpected’ economic news.

We have some very creative people on this site.


26 posted on 06/25/2010 6:04:08 AM PDT by Le Chien Rouge
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To: TSgt

The fourth quarter is going to be seriously affected by the Gulf oil spill.

There is first of all the huge impact on tourism and ocean industries such as fishing, boating, food service, etc. Then there is the direct impact of the fed shutting down thousands of jobs.

Finally, there is the bleak prospect of huge new taxes in January when conservative tax cuts are overturned by liberal democrats who refuse to extend them.

This economy is not just going to hiccup. It’s going to full regurg impulse.

A double dip will be evident by this time next year.


27 posted on 06/25/2010 6:04:11 AM PDT by xzins (Retired Army Chaplain and proud of it. Those who truly support our troops pray for their victory!)
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To: TSgt

Average of 463,000 of jobless claims weekly....month after month...no end in sight.


28 posted on 06/25/2010 6:05:29 AM PDT by anniegetyourgun
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To: Tax-chick

“*drink*”

Sorry, but all these “unexpected” things are killing my budget! I can’t afford a bottle of Jack a day!

As much as I hate to say it, I am going to have to give up drinking or risk becoming a homeless drunkard. Oh wait, I will just be getting there before the rest of Amerika, if we keep this a$$hat in charge for much longer!


29 posted on 06/25/2010 6:05:47 AM PDT by ExTxMarine (Hey Congress: Go Conservative or Go home!)
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To: Le Chien Rouge

that is a great idea!


30 posted on 06/25/2010 6:06:12 AM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the next one...)
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To: palmer

Water, actually, but it’s the thought that counts.


31 posted on 06/25/2010 6:07:58 AM PDT by Tax-chick (Get to the beach, or at least in the pool!)
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To: ExTxMarine

Wise observations.


32 posted on 06/25/2010 6:08:55 AM PDT by Tax-chick (Get to the beach, or at least in the pool!)
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To: kezzek

Do like I do, don’t look at it anymore.....................


33 posted on 06/25/2010 6:10:12 AM PDT by Red Badger (No, Obama's not the Antichrist. He's just some guy in the neighborhood.............)
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To: kezzek

It’s been ‘invested’ in union built, contractor scammed Building America government progects. Your children will benefit.

Now, move along and if you have it, get to work, you are not past this years “Paid Off Taxes” day. You have months to go, and somewhere, some planner needs that cash.

/s


34 posted on 06/25/2010 6:15:20 AM PDT by Leisler ("Over time they create a legal system that plunders and a moral code that glorifies it." F. Bastiat)
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To: TSgt

Bah! The number is true only if you count Census takers going door-to-door as “durable goods manufacturing.” They are certainly durable pains in the ass based on the number of calls they made to the POF castle.


35 posted on 06/25/2010 6:19:07 AM PDT by ProtectOurFreedom
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To: TSgt
So now they'll claim the 2nd quarter grew by 8% then 3 months later revise it down 6.5% to 1.5% growth. This will be the standard reporting through the election cycle.
36 posted on 06/25/2010 6:19:17 AM PDT by tobyhill
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To: ExTxMarine
There are so many abandoned homes we can just squat. You can pick your own room. We can sheetrock bucket water for the toliets from the neighbors spigot. If three of us drinker philosophers, or more, get together, we can cut down the perperson cost for bag charchol for the Webber Grill nightly squirrel fest.( Pekineses on Sundays. Not bad with hot sauce. )
37 posted on 06/25/2010 6:19:34 AM PDT by Leisler ("Over time they create a legal system that plunders and a moral code that glorifies it." F. Bastiat)
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To: TSgt

Where’s the “unexpected”?


38 posted on 06/25/2010 6:21:40 AM PDT by RockinRight (I can see November from here!)
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To: Oceander
How many Democrats does it take to kill the economy?

I don't know how many of them it takes, but I know how many they were going to use. That's a handy piece of information to have, right there. (thanks to Ron White wisdom)

39 posted on 06/25/2010 6:21:53 AM PDT by Lockbox
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To: TSgt

I am not an artist, so I am asking someone to create a cartoon using all these “unexpected” economic and other issues and have President Urkel asking, “Did I do that?”

Every time another “unexpected” news event, have him asking, “Did I do that?”


40 posted on 06/25/2010 6:21:58 AM PDT by ExTxMarine (Hey Congress: Go Conservative or Go home!)
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