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US ECONOMY SHRANK AT 0.7 PERCENT RATE IN FIRST QUARTER
AP ^
| 5/29/2015
| MARTIN CRUTSINGER
Posted on 05/29/2015 5:47:11 AM PDT by tellw
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To: taxcontrol
Is this the real number, the revised number, the seasonally adjusted number, the fixed number or the double adjusted number. You mean the double plus ungood number.
41
posted on
05/29/2015 6:23:41 AM PDT
by
fwdude
(The last time the GOP ran an "extremist," Reagan won 44 states.)
To: CitizenUSA
Yes. Yes. Yes. Winter, you know. It was cold. Janet has a plan to cure that. The FED is going to rejigger how they compute the 1st Qtr GDP.
Revised formula:
Cold weather = add 2% annual growth to GDP.
42
posted on
05/29/2015 6:24:24 AM PDT
by
citizen
(WalkeRubio RIGHT For You 2016)
To: tellw
To: erod
Wow... the Bush recession was far worse than we thought!
It’s lasted 8 years!
44
posted on
05/29/2015 6:24:32 AM PDT
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: HangnJudge
They pulled money out of the economy, hid the real jobs numbers and forced 0% inflation.
This is what happens when Keynesians run the economy.
This is the culmination of a 50 year failed social engineering experiment that Friedman said as far back as 1968 that this would happen.
45
posted on
05/29/2015 6:24:33 AM PDT
by
EQAndyBuzz
(Liawatha, because we need to beat a real commie, not a criminal posing as one.)
To: mountainlion
It is so sad that the economy does not respond and do its part to bring this country out of our malaise. The economy is obviously a racist bigot.
46
posted on
05/29/2015 6:25:32 AM PDT
by
fwdude
(The last time the GOP ran an "extremist," Reagan won 44 states.)
To: saleman
To: CitizenUSA
1984: As short a time ago as February, the Ministry of Plenty had issued a promise...
You can keep your doctor, you can keep your plan.
I first read 1984 in high school (mid 60s), and recall thinking - that'll NEVER happen here.
In the ensuing years, I've re-read the book at least 3-4 times and it's amazing how my response has changed from "never" to "is that happening in my country?" to "holy krap, it IS happening here!"
Disgusting what Libs have done to us - but more disgusting that we let it happen. Fight back America!
48
posted on
05/29/2015 6:27:00 AM PDT
by
oh8eleven
(RVN '67-'68)
To: grania
The fix: increase interest rates.Can't. That would crash the economy practically overnight. We now have so much debt that we can`t even handle the slightest increase without going into recession.
To: fwdude
The economy is obviously a racist bigot.
Obviously run by same.
50
posted on
05/29/2015 6:29:07 AM PDT
by
mountainlion
(Live well for those that did not make it back.)
To: tellw
It must be Friday.
Bad weather, global warming, white people, too few regulations, GW Bush and gremlins are the causes.
To: tellw
The Obamabots on CNBC, who always see q quarter of the glass as half full, were rejoicing that it wasn’t as bad as expected. Baghdad Bob would fit in well with that crowd of cockeyed optimists.
To: CitizenUSA
It was the riots, which were caused by police....who were partially white, which means they were likely Tea Party, which means it’s conservatives fault....and maybe Jesus too.
To: concerned about politics
If a Republican happns to win in 2016, then Janet Yelin’s Federal Reserve will increase interest rates. The resulting economic train wreck can then be blamed on the Republicans for the next fifty years.
54
posted on
05/29/2015 6:38:03 AM PDT
by
Menthops
(If you are reading this..... the GOPe hates you!)
To: tellw
WOOT!
The Obama depression is at hand!
The biggest mistake this idiot made was getting re-elected. The lies were never going to work for a full 8 years. Now the truth is coming out and everyone will know Obama owns it.
55
posted on
05/29/2015 6:40:13 AM PDT
by
TexasFreeper2009
(You can't spell Hillary without using the letters L, I, A, & R)
To: tellw
Not really. Most economists nowadays tend to discount the January-March quarter due to the bad winters that affect the Upper Midwest and Northeast of the USA, where a large fraction of the population of the USA lives. I’d start asking serious questions if the April-June quarter comes out bad, though.
56
posted on
05/29/2015 6:40:48 AM PDT
by
RayChuang88
(FairTax: America's economic cure)
To: TexasFreeper2009
The lies were never going to work for a full 8 years.
Really? Watch ‘em.
57
posted on
05/29/2015 6:41:51 AM PDT
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: oh8eleven
Ministry of Plenty. You have to love that!
Here’s another: Department of Homeland Security.
Bwahahaha!
58
posted on
05/29/2015 6:46:57 AM PDT
by
CitizenUSA
(Proverbs 14:34 Righteousness exalts a nation, but sin is a disgrace to any people.)
To: tellw
Wow. Didn’t see this at Yahoo news. /s
59
posted on
05/29/2015 6:47:35 AM PDT
by
willk
(everyone)
To: tellw
We only shrank by 0.7% in the first quarter? Let’s give Maobama a third term!
60
posted on
05/29/2015 6:51:21 AM PDT
by
alstewartfan
("The wheel of fortune changes everything. Don't lose your head now." "Riyadh" by Al Stewart)
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