Vegas Free-for-All - Let's Hope GDP Numbers are better in Q2 2015 (POL)

Let's Hope GDP Numbers are better in Q2 2015 (POL)

jatki

Jun 10, 2015
2:40am

Quote

Originally posted by: pjstroh

Quote
Originally posted by: Boilerman
Spending money on "shovel ready" jobs that never materialize is now called "investment" by Democrats. Remember how many jobs Obama was going to "create"............and then was later marketed as "create or save", making it impossible to measure?

The CBO measured over 2 million jobs - directly. It is impossible to measure the number of small business jobs that were saved or created by 2 million employed people giving them business.

When Democrats owned the legislature their top priority was infusing the economy with money, tax cuts, and incentives. When Republicans owned the legislature their top priority was Bengazhi. And Boilerman's been cheering them on the whole way - just like he cheered Bush's trillion dollar economic stimulus bill in Iraq.

The Dems top priority was passing a really F'ed up healthcare law that nobody even knew what it contained (have to pass it to find out..remember that crap). There other priority was spending an obscene amount of money with not a whole lot to show for the trillions spent, well if you want to count crushing debt as something I suppose you could. I did agree with the auto aid, there were a lot of jobs that the country didn't need to lose at that time. Wall st.? The weak should've been let go.

Are we at 20 trillion by now?, if not I know it's coming soon. Absurd. The US debt will come to bite the country in the ass here at some point.

forkushV

Jun 10, 2015
7:33am

Block User

Quote

Originally posted by: jatki99

Quote
Originally posted by: pjstroh
Quote
Originally posted by: Boilerman
Spending money on "shovel ready" jobs that never materialize is now called "investment" by Democrats. Remember how many jobs Obama was going to "create"............and then was later marketed as "create or save", making it impossible to measure?

The CBO measured over 2 million jobs - directly. It is impossible to measure the number of small business jobs that were saved or created by 2 million employed people giving them business.

When Democrats owned the legislature their top priority was infusing the economy with money, tax cuts, and incentives. When Republicans owned the legislature their top priority was Bengazhi. And Boilerman's been cheering them on the whole way - just like he cheered Bush's trillion dollar economic stimulus bill in Iraq.

Meanwhile in reality land:

[/URL]

Dan Svatass

Jun 10, 2015
7:52am

Block User

Oh you and your pesky "facts" and "information" and "data."

Like they matter to the closed mind.

We're a long way from getting back to the annual surpluses achieved during President Clinton's tenure. But we're going in the right direction, whether this President's haters realize it or not.

jatki

Jun 10, 2015
8:38am

Block User

https://www.cnbc.com/id/102744933?__source=xfinity|mod&par=xfinity

Is there a renaissance in US manufacturing? Numbers don't add up

Since 2007 the sector is down 3.2% and 2 million jobs have been lost.

"..When it comes to the manufacturing sector in the U.S., it's not quite "Happy Days Are Here Again," as some have been singing for the past few years. Once you look closely at the data, it's more like "Those Were the Days." That's because since the Great Recession, manufacturing is down 3.2 percent, according to an eye-opening report by the nonpartisan Information Technology and Innovation Of Foundation (ITIF). It notes there are now 15,000 fewer production facilities in the U.S. than in 2007—and 2 million fewer jobs.

"..Much of the renaissance hype is tied to growth over the last four to five years since the Great Recession, which can be misleading, he added, because the trough was so deep. "We're seeing stable and slow recovery in demand, and that explains the growth in manufacturing, but that doesn't necessarily mean that growth will continue or that we're in a state of renaissance," Nager said..."

This is kind of DUH thing anyway, I wish it were better.

jatki

Jun 10, 2015
8:40am

Block User

Quote

Originally posted by: forkushV

Quote
Originally posted by: jatki99
Quote
Originally posted by: pjstroh
Quote
Originally posted by: Boilerman
Spending money on "shovel ready" jobs that never materialize is now called "investment" by Democrats. Remember how many jobs Obama was going to "create"............and then was later marketed as "create or save", making it impossible to measure?

The CBO measured over 2 million jobs - directly. It is impossible to measure the number of small business jobs that were saved or created by 2 million employed people giving them business.

When Democrats owned the legislature their top priority was infusing the economy with money, tax cuts, and incentives. When Republicans owned the legislature their top priority was Bengazhi. And Boilerman's been cheering them on the whole way - just like he cheered Bush's trillion dollar economic stimulus bill in Iraq.

The Dems top priority was passing a really F'ed up healthcare law that nobody even knew what it contained (have to pass it to find out..remember that crap). There other priority was spending an obscene amount of money with not a whole lot to show for the trillions spent, well if you want to count crushing debt as something I suppose you could. I did agree with the auto aid, there were a lot of jobs that the country didn't need to lose at that time. Wall st.? The weak should've been let go.

Are we at 20 trillion by now?, if not I know it's coming soon. Absurd. The US debt will come to bite the country in the ass here at some point.

Meanwhile in reality land:

[/URL]

No kidding, tax receipts were higher in April. While great news, also a DUH piece of news, guess what also happens in April..like on the 15th. SHEESH.

forkushV

Jun 10, 2015
10:07am

Block User

Quote

Originally posted by: jatki99

Quote
Originally posted by: forkushV
Quote
Originally posted by: jatki99
Quote
Originally posted by: pjstroh
Quote
Originally posted by: Boilerman
Spending money on "shovel ready" jobs that never materialize is now called "investment" by Democrats. Remember how many jobs Obama was going to "create"............and then was later marketed as "create or save", making it impossible to measure?

The CBO measured over 2 million jobs - directly. It is impossible to measure the number of small business jobs that were saved or created by 2 million employed people giving them business.

When Democrats owned the legislature their top priority was infusing the economy with money, tax cuts, and incentives. When Republicans owned the legislature their top priority was Bengazhi. And Boilerman's been cheering them on the whole way - just like he cheered Bush's trillion dollar economic stimulus bill in Iraq.

The Dems top priority was passing a really F'ed up healthcare law that nobody even knew what it contained (have to pass it to find out..remember that crap). There other priority was spending an obscene amount of money with not a whole lot to show for the trillions spent, well if you want to count crushing debt as something I suppose you could. I did agree with the auto aid, there were a lot of jobs that the country didn't need to lose at that time. Wall st.? The weak should've been let go.

Are we at 20 trillion by now?, if not I know it's coming soon. Absurd. The US debt will come to bite the country in the ass here at some point.
Meanwhile in reality land:

[/URL]

No kidding, tax receipts were higher in April. While great news, also a DUH piece of news, guess what also happens in April..like on the 15th. SHEESH.

Biggest in seven years. That's not a "duh," is it?

And this:

chafraho

Jun 10, 2015
10:47am

Block User

"Here, let me make this thread smarter."

That just ain't gonna happen.

" "Oh you and your pesky "facts" and "information" and "data."
Like they matter to the closed mind." "

Couldn't have said it plainer myself.

jatki

Jun 10, 2015
10:53am

Block User

Quote

Originally posted by: forkushV

Quote
Originally posted by: jatki99
Quote
Originally posted by: forkushV
Quote
Originally posted by: jatki99
Quote
Originally posted by: pjstroh
Quote
Originally posted by: Boilerman
Spending money on "shovel ready" jobs that never materialize is now called "investment" by Democrats. Remember how many jobs Obama was going to "create"............and then was later marketed as "create or save", making it impossible to measure?

The CBO measured over 2 million jobs - directly. It is impossible to measure the number of small business jobs that were saved or created by 2 million employed people giving them business.

When Democrats owned the legislature their top priority was infusing the economy with money, tax cuts, and incentives. When Republicans owned the legislature their top priority was Bengazhi. And Boilerman's been cheering them on the whole way - just like he cheered Bush's trillion dollar economic stimulus bill in Iraq.

The Dems top priority was passing a really F'ed up healthcare law that nobody even knew what it contained (have to pass it to find out..remember that crap). There other priority was spending an obscene amount of money with not a whole lot to show for the trillions spent, well if you want to count crushing debt as something I suppose you could. I did agree with the auto aid, there were a lot of jobs that the country didn't need to lose at that time. Wall st.? The weak should've been let go.

Are we at 20 trillion by now?, if not I know it's coming soon. Absurd. The US debt will come to bite the country in the ass here at some point.
Meanwhile in reality land:

[/URL]

No kidding, tax receipts were higher in April. While great news, also a DUH piece of news, guess what also happens in April..like on the 15th. SHEESH.

Biggest in seven years. That's not a "duh," is it?

And this:

WOW, only half a trillion. I am glad to see it's getting better tho.

hoops2

Jun 10, 2015
9:33pm

Block User

The $500b deficit is now back to the avg deficit of President Bush, which obama said was ruining the country. Forecasts are for $1t deficits returning shortly.

Chilly & company like to remind us of the great economy but defends the doubling of food stamp recipients as necessary.

Dan Svatass

Jun 26, 2015
8:49am

Block User

Quote

Originally posted by: jphelan
Recession Definition:
A period of general economic decline; typically defined as a decline in GDP for two or more consecutive quarters. A recession is typically accompanied by a drop in the stock market, an increase in unemployment, and a decline in the housing market. A recession is generally considered less severe than a depression, and if a recession continues long enough it is often then classified as a depression. There is no one obvious cause of a recession, although overall blame generally falls on the federal leadership, often either the President himself, the head of the Federal Reserve, or the entire administration.

Recession Definition

Gross Domestic Product Results:

BEA.GOV

For some reason, jphelan forgot to update his report this week to reflect that annualized Q1 GDP was not -0.7%, as he posted above, but a far-better -0.2%. Weird too, he's been active on the forums, and he even posted (above) that the new numbers would come out this week.

No worries, I can help him.

Wall Street Journal

Obamacare upheld, gays marrying with impugnity, confederate flags relegated to museums, and America's economy did better over the winter than we thought.

Sorry he's having such a tough week. Maybe there can still be a daycare fire or something to cheer him up.

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