GDP Falls by 2.9% in Q1 14

Once again, we are reminded and amused by what an angry old man you are....

Q3 ===> +3.5%.

Chilly, don't go ruining their day with positive news.

Obama and his dastardly Ebola czar must be fudging the numbers again. This calls for a House hearing

That's actually the exact number I was forecasting AND with the nice reductions in gas prices at the pump, I expect Q4 to be a barnburner. Also note that QE3 has now ended with a whimper. Just another example of a recovery that is hopefully gaining some traction.

The next thing you know Liberals on this site will argue that President Obama's policies have lead to increasing oil and gas production and the subsequent price decreases. Wait, they've already claimed that!

When it comes to being a socialist, Obama sucks.

"Chilly, don't go ruining their day with positive news."

U6 rate continues to be above average
Most months most of the jobs created are part time jobs
Adult employment rate continues to be near all time lows
Food stamps recipients remain at record highs

Hoops describes the Liberal utopia. More people working less, and more reliance by more people on government (free stuff from other people).

Its so hard for Hoops and Boilerman to see positive economic development. lets remember both of them had their own prescription in the wake of the 2008 collapse:
- Let the auto sector collapse
- Let the auto parts sector collapse.
- let all the banks collapse
- lay off 20% of the Federal workforce


Cause There's no better prescription for unemployment than UN-employing more people. Ever see that episode of Seinfeld where George does the opposite of all his instincts? That's a great model to follow whenever Hoops/Boilerman give advice.