GDP STALL 0.2%....Degenerate Rob talks

[Busybody]

Kansas

 

[miles]

PsychoThrob is on hiatus after being embarrassed over the past few days. He'll be back soon after his seething hatred boils over again.

 

[Busybody]

WHAT I’VE NOTICED IS THAT THERE’S ALWAYS AN EXCUSE: After U.S. economy slows to crawl, analysts hope the reason is the season.

What IowaHawk has noticed is that the same people who are telling us that the economic slowdown is because of the extraordinarily cold winter are also telling us that this is the hottest year on record.

“The Soviets blamed the weather for 75 consecutive poor wheat harvests; it seems churlish to deny this excuse to the Obama administration after just 7 years.”

 

[miles]

Throb will blame it on me for posting pics of his children and hacking their Facebook accounts.

 

[phrodeau]

Still growing, unlike what it did during the Bush recession.

 

[NeverEndingMe]

we need more welfare!

only with welfare can we rebuild America

 

[Busybody]

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/05/20150505_macro_0.jpgSince the end of QE3 (and the end of the government's fiscal year), US macroeconomic data has disappointed and weakened on an unprecedented scale. With April data not showing the post-weather bounce that every sell-side economist is hoping for, the absolute level of macro weakness was only marginally weaker in the past in the aftermath of the Lehman crisis.


Ole PigRobby talks


KANSAS

 

[dan_c00000]

Busy body do you even know what you're reading? Here's something that actually explains it.

This is very important to keep in mind: "And there's one rub. The surprise shortfall in the U.S. doesn't necessarily mean the world's largest economy is in dire straights. It's just falling short of some perhaps overly elevated expectations."

Here's the GDP under Obama from Q1 2013 to Q4 2014 (the data for Q1 2015 isn't complete yet. Just ask the BEA).

http://i2.cdn.turner.com/money/dam/assets/150130084342-chart-gdp-012915-780x439.jpg

GDP is helpful but you need to look at other things. Like say jobs. Or the unemployment rate.

 

[Busybody]

^^^DementedDummy

clearly DIDNT even read the link

KANSAS!

 

[phrodeau]

I know... let's talk about chimpanzees.

 

[Busybody]

https://pbs.twimg.com/media/CE-HvHCVIAAXj5D.jpg

 

[phrodeau]

Were you wrong again?

You'll try again tomorrow, I suppose.

 

[dan_c00000]

Here's the release schedule check back on May 29th.