GDP Goes Negative In Fourth Quarter

Ask around. You'll be amazed about how little people care.

 

I personally think that just by cutting unnecessary costs and hiking tax rates to Clinton level we can avert this "crisis" in about 5 years.

 

Do you have numbers to back this up? Or will you also just shoo me like everyone else, telling them to "do their own research"? I've researched my claims. Have you? Lets see them, and don't be a hypocrite.

 

psst... Its 2013.... dont tell anyone, its a secret

 

Obama supporters will make any claim, no matter how absurd or unsupportable, in defense of him. Classic cult of personality...

 

They are still trying to blame bush, and he hasnt been president for like 5 years...

 

All while progressives demand free contraceptives and refuse to give up Big Bird......

Got any more jokes?

 

Total BS. The stimulus package was huge and kept alot of people in work including me, who works for a private engineering firm. It also kept many of the contractors and other diciplines in work as well. So ya, Im one of those people and Im not in a Union. You don't know what you're talking about.

 

and give amnesty to another 12 million welfare recipients...

 

According to your logic, we should just spend $10 trillion on "stimulus". If each dollar spent by the government produces a net benefit to society, then there is no reason why we couldn't just spend our way into prosperity.

 

They aren't lending to you because you don't understand the way the economy works so you would not be able to repay the loan. banks are lending and putting their deposits to work in a lot of ways and if you had any sense you would know that the 1%, that you hate more than BH Obama hated his grandmother, don't put their money where it isn't earning interest. If the money is earning interest it is invested....

So how is it "redistribution" if the people who created the wealth keep some of it? The poor and middleclass don't create much wealth so they can send any of it to the 1%. Sure they spend money to buy the things of value that the 1% have created but they don't create much.

That you can listen to the Great and Progressive Reich Marshal for two minutes is scary.

 

Hey....why not just hand everyone in the country a gubberment check for 10 million...we'll all be RICH!!

(shockingly, "demand siders" actually believe that's what drives the economy!)

 

Because "efficient infrastructure" cannot exist without central government...

 

We all know that "pesky" capitalism simply gets in the way of a strong and all-powerful government...

 

Funds are fungible. Spending is spending.

Amazing, they can find work without the stimulus? That's incredible...

 

Hey, We dont have any money so lets give away 20 F16s and 200 M1A1 tanks to the muslim brotherhood.....

 

Thank you for finally admitting that your economic beliefs are faith-based. It's very refreshing to hear the truth...

 

They HATE that.....progressives can't fully control it....(but oh, how they'd love to drop any pretense of supporting anything remotely resembling the US Constitution, and take it over).

Economic fascists. from the top down

 

The infantile logic of progressives never ceases to amaze...

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The 1% have been doing great under Obama and Bernanke. All the money-printing and corporate subsidies have fattened their pockets more than they ever imagined.

 

Last updated: January 17, 2013 10:14 pm


US shares close at highest in 5 years


http://www.ft.com/cms/s/0/cb10f252-60b8-11e2-a31a-00144feab49a.html#axzz2JTwMFtJW


High quality global journalism requires investment.

US equities rose to their highest level in five years on Thursday even as two of Wall Street’s top banks fell sharply after posting weaker than expected earnings.

The S&P 500 climbed 0.6 per cent to 1,480.94 on Thursday, with stocks propelled higher by positive economic data from the housing and labour market. The benchmark closed at its highest level since December 2007.



... more ....

 

Seeing it coming and praying for it are two different things. Your blind obedience to Obama, the Democrat Party, and progressivism keeps you from seeing the difference.

 

I didn't realize you were the spokesperson for the "economics community".

 

Or we can keep the Government from getting bigger.

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Really? The largest defense cut in 40 years is the result of "conservative action"? Are you sure about that?

 

We have 8 million less people employed today than when Barack Obama took office.

I bet the NEGATIVE GDP was.... "UNEXPECTED".

Recession begins? This was Q4 which is supposed to be the best quarter. This is really bad news.

 

It's what we knew would happen with Obama's policies. Your love of the guy for simply being an articulate black Democrat keeps you from seeing that.