Article

2014-06-26 Economy

US economy shrank almost 3 percent in Q1

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Posted by Fred 2014-06-26 00:00|| || Front Page|| [1 views ] Top

#1 While the economy's woes have been largely blamed on an unusually cold winter

~~Hot~~ Cold weather, and the need for people to stay warm. Obviously then, it's the PEOPLE and their need to stay warm, who are to blame.

Posted by Besoeker 2014-06-26 06:39|| 2014-06-26 06:39|| Front Page Top

#2 and since employment grew slightly, productivity decreased at about a 3.6% annual rate, the worst reading since records have been kept

we have had cold winters before but the amount of ice in the Great Lakes and on the Mississippi and Ohio Rivers was more than anytime in the past two decades and this probably was much of the reason for the big decline in construction and the slightly less of a decline in manufacturing

Posted by lord garth 2014-06-26 06:58|| 2014-06-26 06:58|| Front Page Top

#3 expect bogus sunny numbers prior to the election.

Posted by Frank G 2014-06-26 09:19|| 2014-06-26 09:19|| Front Page Top

#4 nice of the MSM to memory hole this already.

SQUIRREL!!!

Posted by Bright Pebbles 2014-06-26 09:56|| 2014-06-26 09:56|| Front Page Top

#5 Who'd have thought that Bush's incompetance would be so far reaching? Right into Obie's second term.

Posted by regular joe 2014-06-26 11:42|| 2014-06-26 11:42|| Front Page Top

I recommend closely monitoring urban dog pound population trends.

Posted by Besoeker 2014-06-26 11:49|| 2014-06-26 11:49|| Front Page Top

#7 It would seem that people aren't buying the Little Miss Sunshine BS that Bummble is putting out. Money is worth less because more and more is printed. Food has gone up considerably. Gasoline has gone up. The labor participation rate is way down. Can't say that is all George W's fault but the Donks ~~will~~ do. The transparency may be starting to come through.

Posted by JohnQC 2014-06-26 12:17|| 2014-06-26 12:17|| Front Page Top

#8 When you raise taxes dramatically and roll out gobs of new, burdensome regulations a contracting economy is only a surprise if you are an idiot, a member of the Press, or this Administration. But I repeat myself.

Posted by Deacon Blues 2014-06-26 16:26|| 2014-06-26 16:26|| Front Page Top

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