Article

2014-06-25 Economy

GDP Disaster: Final Q1 GDP Crashes To -2.9%, Lowest Since 2009, Far Below The Worst Expectations

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Posted by Beavis 2014-06-25 09:39|| || Front Page|| [8 views ] Top

#1 Bad for dems. Bad for the Beest as well. Costly 'lesson learned' for dem voting citizens, and... others voting for dems. The real challenge lies in their ability to actually absorb the lesson? I fear they will likely not.

Posted by Besoeker 2014-06-25 11:08|| 2014-06-25 11:08|| Front Page Top

#2 They never learn. They just ask for more free bennies.

Posted by DarthVader 2014-06-25 11:11|| 2014-06-25 11:11|| Front Page Top

#3 What little "recovery" there has been since 2009 has gone almost entirely to the 0.1%. For the rest of us, stagflation / depression. We will be having our "top men" revising the statistics before the next election to keep incumbents in office.

Posted by Anguper Hupomosing9418 2014-06-25 11:39|| 2014-06-25 11:39|| Front Page Top

#4 3 headlines seen today, on the same page at Bloomberg.com:
-- Sales Pickup Shows Healing U.S. Real Estate Market
-- Housing Market Falters Amid Rising Prices, Lower-Paying Jobs
-- HUD Nominee Faces Senators as Housing Recovery Sputters
The MSM continues to beat the drum that extravagant real estate prices and rents are somehow good for the economy as a whole. Just the opposite is true.

Posted by Anguper Hupomosing9418 2014-06-25 11:44|| 2014-06-25 11:44|| Front Page Top

#5 Communism failed 34 times. This will be the 35th.
SAD

Stupid Assed Democrats and the goat roping republicans

Posted by newc 2014-06-25 12:09|| 2014-06-25 12:09|| Front Page Top

#6 Are the numbers be manipulated strongly downward NOW so that they can be manipulated steadily upwards leading into the election? That way the Dems could claim they should be re-elected because their policies are working.

Posted by Glenmore 2014-06-25 12:32|| 2014-06-25 12:32|| Front Page Top

#7 Gotta have policies in place in order to make that claim.

Posted by Pappy 2014-06-25 12:36|| 2014-06-25 12:36|| Front Page Top

#8 Why, Pappy? If the policy was to have the Prez play more golf and the apparent result was a seemingly improving economy the target demographic would buy it.

Posted by Glenmore 2014-06-25 13:40|| 2014-06-25 13:40|| Front Page Top

#9 @Anguper Hupomosing9418

Thank god it's not just me that thinks falls in affordability sand rises in rent seeking are the opposite of economic growth.

Posted by Bright Pebbles 2014-06-25 19:10|| 2014-06-25 19:10|| Front Page Top

#10 If the policy was to have the Prez play more golf and the apparent result was a seemingly improving economy the target demographic would buy it

Yes, it will be and is being spun. But Mr. Obama isn't running for office. Glenmore's comment:

That way the Dems could claim they should be re-elected because their policies are working.

Key three words: Twenty-fourteen elections.

Posted by Pappy 2014-06-25 21:19|| 2014-06-25 21:19|| Front Page Top

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