US double dip recession?

[off2bed]

GDP growth goes down in first quarter...

http://www.cnbc.com/id/47202822

 

[off2bed]

Of course, it's Bush's fault. Right?

 

[JohnnySavage]

GDP growth goes down in first quarter...

http://www.cnbc.com/id/47202822

I think you linked the wrong article. That one says the economy was growing at 2.2%

 

[off2bed]

I think you linked the wrong article. That one says the economy was growing at 2.2%

I think you failed to read all of it. It says growth is less than the previous quarter.

 

[JohnnySavage]

I think you failed to read all of it. It says growth is less than the previous quarter.

But it still grew. Right?

 

[off2bed]

But it still grew. Right?

Slowing growth, headed toward zero, less than predicted, the question was if a double dip recession was coming. You're not happy with 2.2% growth are you?

Playgrounder.

 

[JohnnySavage]

Slowing growth, headed toward zero, less than predicted, the question was if a double dip recession was coming. You're not happy with 2.2% growth are you?

Playgrounder.

Hahaha did you and Eyer and the rest of the psudeo-economist/con law scholors/ military experts and otherwise wacky guys all get together and vote on 'playgrounder' being the insult of the month? It's not really an insult coming from you guys, you know. Not a single one of you ever argues a single issue without the name calling.

Kinda like kids on.... a playground!!!

 

[unregistered]

 

[JohnnySavage]

you forgot to say.....and your mama wears army boots!

You can't see it, but I'm sticking my tongue out.

 

[eyer]

It's not really an insult coming from you guys, you know.

Yet...

...this is at least the third or fourth post in which you've made the effort to mention it.

Why do you continue to protest so much, Johnnyboy...

...when you're such a good little playgrounder?

 

[JohnnySavage]

Yet...

...this is at least the third or fourth post in which you've made the effort to mention it.

Why do you continue to protest so much, Johnnyboy...

...when you're such a good little playgrounder?

Link or your a liar.

Get a job and pay some taxes, Mootch.

 

[unregistered]

 

[eyer]

Link or your a liar.

Get a job and pay some taxes, Mootch.

It's "you're", playgrounder...

...and, yeah - I can see exactly how much it doesn't bother you.

 

[off2bed]

"But, but but, the economy is doing great!"

 

[JohnnySavage]

"But, but but, the economy is doing great!"

Who says that?

Link.

I'll wait

 

[off2bed]

Recession (Wikipedia):

In economics, a recession is a business cycle contraction, a general slowdown in economic activity.[1][2] Macroeconomic indicators such as GDP, employment, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.


Recession (NBER):

The Business Cycle Dating Committee at the National Bureau of Economic Research (NBER) provides a better way to find out if there is a recession is taking place. This committee determines the amount of business activity in the economy by looking at things like employment, industrial production, real income and wholesale-retail sales. They define a recession as the time when business activity has reached its peak and starts to fall until the time when business activity bottoms out. When the business activity starts to rise again it is called an expansionary period. By this definition, the average recession lasts about a year.

 

[off2bed]

Who says that?

Link.

I'll wait

The White House.

http://youtu.be/vfoWVglL3ts

 

[unregistered]

 

[off2bed]

johnny there's 2 of them... and they're not playing fair... just like wwf.... a tag but both stayed in the ring... and their manager has the referee distracted

What happened to your avatar?

 

[JohnnySavage]

"But, but but, the economy is doing great!"

Who says that?

Link.

I'll wait

The White House.

http://youtu.be/vfoWVglL3ts

I guess you didn't listen to your link. He said the economy is "vastly improved" as compared to when Obama took over. And it is, buy EVERY economic metric. But when you start with a steamy pile of shit, vastly improved doesn't mean it's "doing great"

Stop being a partisan and look at the issues without your blinders.

 

[JAMESBJOHNSON]

Lotsa our 'recovery' is money American companies make overseas, its great for investors and Harvard but makes for little work here.

Harvard and Schlub College figured out that they can invest the money you contribute in WALMART, APPLE, and GM stock, and when these companies make a diaper load of bux in China they can pay their perfessers big salaries to train you for exciting jobs in Self Actualization Arts and Personal Relationship Science.

 

[koalabear]

"Certainly a bit of a mixed picture, a disappointment on the headline coming in at 2.2 versus expectations of 2.5. Personal consumption was positive. But overall weaker-than-expected GDP," said Camilla Sutton, chief currency strategist at Scotia Capital.

http://economywatch.msnbc.msn.com/_...onomic-growth-slows-in-the-first-quarter?lite

 

[off2bed]

I guess you didn't listen to your link. He said the economy is "vastly improved" as compared to when Obama took over. And it is, buy EVERY economic metric. But when you start with a steamy pile of shit, vastly improved doesn't mean it's "doing great"

You seriously believe that?

 

[JohnnySavage]

You seriously believe that?

What metric has gone down under Obama? There's a huge difference in saying the economy has gotten worse, as opposed to saying it hasn't recovered as quickly as it should have.

And we are talking about the recovery. A recovery from terrible economic policy.

 

[KRCummings]

Does Miles try to be this stupid? It's hard to believe someone naturally is.