Consumer confidence is down.
Printing presses are working overtime.
Tax policy still uncertain.
Jobs picture still not good.
Obamacare rules still uncertain.
Still no pipeline approval.
Worst "recovery" in history.
Robert Helm wrote: Consumer confidence is down.
Printing presses are working overtime.
Tax policy still uncertain.
Jobs picture still not good.
Obamacare rules still uncertain.
Still no pipeline approval.
Worst "recovery" in history.
Real rosey economic picture for sure.
and don't forget that despite 6 years of Democratic rule (2 under Bush) Democrats are still blaming Bush. Wondering how long they can keep up this BS charade before it eventually resonates with the American people that the Democrats cannot and will not fix the economy...because frankly, they're spending money that's not theirs to begin with.
Pinups4 wrote: I saw a similar thread was locked...but i still dont understand
Basicly the economy sucks, and sucks more every day due to excessive government waste. But, the media loves Democrats, so their mission is to tell you that all is well. If you have a brain you can look around you and see how things are, otherwise you are a loyal Democrat and will believe what you're told while the world passes you by.
SensualThemes
Posts: 3,018
Swoyersville, Pennsylvania, US
Lightcraft Studio wrote:
Basicly the economy sucks, and sucks more every day due to excessive government waste. But, the media loves Democrats, so their mission is to tell you that all is well. If you have a brain you can look around you and see how things are, otherwise you are a loyal Democrat and will believe what you're told while the world passes you by.
Robert Helm wrote: Consumer confidence is down.
Printing presses are working overtime.
Tax policy still uncertain.
Jobs picture still not good.
Obamacare rules still uncertain.
Still no pipeline approval.
Worst "recovery" in history.
Real rosey economic picture for sure.
Housing sales are up. Construction is up. Consumers are spending again. The president's approval numbers are better than when he took office. The stock market is through the roof.
You remind me of the man who said hospitals are bad because people die there.
Nonetheless, you just keep rooting against the country, Bobbie.
Basicly the economy sucks, and sucks more every day due to excessive government waste. But, the media loves Democrats, so their mission is to tell you that all is well. If you have a brain you can look around you and see how things are, otherwise you are a loyal Democrat and will believe what you're told while the world passes you by.
Wall Street is through the roof. Consumers are spending again. Housing sales are up. Housing start-ups are up.
America elected it's first black president -- and then did it again! America agrees with President Barack Obama. His approval rating is better than when he took office.
President Obama was elected by the people -- NOT the news media.
Tonic Dog Studios wrote: "so how is negative economic growth good?"
Because it's in line with the goals of President Obama. Who happens to be a Democrat. And a liberal/leftist. With dark skin.
QED.
You are correct. President Obama has dark skin. History will record that America's first African American President was elected TWICE by the American people.
And, yes, the president is a liberal and in line with a country that is leaning center left. His approval rating is good so the majority of American people like our president and the job he is doing.
Just what are you "sadly considering"? In addition to housing sales and starts being up and consumers spending money again AND personal incomes up by 2.6% the GDP is only down 0.1% because government spending on the military is down.
You and people like you can continue to say the economy is bad or "sucks" but the bottom line is that the country is out of recession and headed in the right direction.
If you bothered to read or listen to a legitimate news source you would know why Wall Street is not disappointed at the latest financial news -- because, as much as you would like the opposite, was not bad.
SAND DIAL
Posts: 5,965
Santa Monica, California, US
The Signature Image wrote:
Housing sales are up. Construction is up. Consumers are spending again. The president's approval numbers are better than when he took office. The stock market is through the roof.
You remind me of the man who said hospitals are bad because people die there.
Methinks it is DEBT DRIVEN:
Credit cards
trillion + in student loans
car loans
Mortgages.
Nonetheless, you just keep rooting against the country, Bobbie.
SAND DIAL
Posts: 5,965
Santa Monica, California, US
Robert Helm wrote: Consumer confidence is down.
Printing presses are working overtime.
Tax policy still uncertain.
Jobs picture still not good.
Obamacare rules still uncertain.
Still no pipeline approval.
Worst "recovery" in history.
Hall Photo
Posts: 12,331
Boston, Massachusetts, US
Do you realllly want to know?
Not all components of GDP are made equal. If you've taken a basic macro course, you've seen the identity Y = C + I + G + NX, where Y = output (GDP).
C = consumption. We generally want to see this grow.
G = government. Opinions vary, but in a healthy economy, for various reasons, this grows about even with overall growth.
NX = net exports, the trade balance. Growth in this can be good or bad, depending on context.
I = investment. Breaks down into traditional investments on the one hand, like capital goods, infrastructure, structures, equipment and software, and inventories on the other. Investments we want to see more of, inventories we do not. The more inventory we have sitting around, the less we need to produce to meet demand in the future.
So this time we had the good parts growing, with consumption and investment up. Inventories subtracted 1.3 points from the headline, and defense spending (which is lumpy and volatile from quarter to quarter) subtracted another 1.3 points. But the drop in inventories means less of a drag from them in the future, and the fall in defense spending is unlikely to be repeated much, aside from a possible one-off from the sequester.
Did you believe that the +3.1% headline GDP growth report for Q3 told the whole story of the economy? Well, this one probably doesn't either.
Our government finally got started cutting spending, so that's what you get.
Why isn't the private sector of the economy up? Unless people are put to work, that's not going to happen. Also, our open border policy isn't helping keep wages up.
Again, this is 2013, but while you're checking why not check and see what Bush' approval rating was when he left office? Here's a clue: check and see how many Republicans asked Bush to come and campaign for them in 2008?
Was he asked to attend the GOP's convention in 2008? The answer is no. He made an appearance via video.
Thrift Savings Plan Ticker
Close Change YTD
L Income 15.8940 -0.00 4.77%
L 2020 19.3172 -0.01 10.42%
L 2030 20.2193 -0.02 12.61%
L 2040 20.9811 -0.02 14.27%
L 2050 11.6605 -0.01 15.85%
G Fund 14.0400 0.00 1.47%
F Fund 15.9210 0.01 4.29%
C Fund 18.9604 -0.05 16.07%
S Fund 26.0302 0.11 18.57%
I Fund 21.8629 -0.07 18.62%