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Six years after its financial system nearly sank and nearly that long since the recession ended, the United States is expected to grow in 2015 at its fastest pace in a decade. Its expansion from July through September — a 5 percent annual rate — was the swiftest for any quarter since 2003.
That pace will likely ease a bit. Still, the economy is expected to expand 3.1 percent next year, according to a survey by the National Association for Business Economics. It would be the first year of 3 percent growth since 2005.
The acceleration of U.S. growth is a key reason the global economy is also expected to grow faster, at about 3 percent, up from 2.5 percent in 2014, according to economists at JPMorgan Chase and IHS Global Insight.
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No longer shall we live in fear of Obama destroying us all with Socialism and Marxism and Communism and Pugilism and Fascism and many other isms.
Reality is 100% irrelevant to conservatives. The stimulus helped the U.S. economy and enabled America to out perform every other economy in west.
This fact will be ignored by conservatives, the consensus amongst economist tgst the stimulus helped has been ignored by conservatives.
The improving economy will both be denied, and they'll try to say conservatives had a hand in it.
Even though conservatives have passed zero legislation designed to help the economy.
The Democrats and the President did pass legislation to help the economy.
conservatives simply are not interested in policy outcomes.
The GOP has done nothing except cry like a bunch of babies.
Sort of... Gas prices have an effect on the CPI and how the Fed manipulates the interest rates. Oil prices determine inflation.
Poor people can't get out of a rut because Republicans are hard at work busting unions (especially the teacher's unions), cutting budgets (stifling public sector pay & employment), sabotaging the post office, refusing the raise the minimum wage, and trying to push backdoor free-trade agreements.
blame republicans? Who has been in control of government since 2006? You can't blame the GOP when the dems have had at least 2/3 control since 2006. The states in which there are "right to work" laws (i.e. union busting) are faring much better than other states. Take a look at Texas and Virginia as prime examples. The Fed has been manipulating interest rates for years, so you can't blame one party for that. The Fed is simply trying to do what they can to save face... It is a reactionary manipulation to the underlying realities.
After wearing T-Shirts with an image making Obama look like a demi-God, chanting, fainting, bumper stickers, etc...
That is why millions applauded, chanted, and even fainted when Obama criticized Bush for a huge laundry list AND now those same people in love with Obama look the other way as he out-Bushes Bush on most of that list.
Obama still criticizes Trickle Down economics while engaging in more Trickle Down economics than any other president and the emotional sheep are either too dumb or too in love to do anything but cheer him when he hypocritically blasts Trickle Down while out Reaganing Reagan on Trickle Down!
I'm just glad Obubba hates rich white men and tried to destroy us. I mean he tried to help blacks and blacks are suffering through much greater job loss, income loss, wealth loss, and the divide between whites and blacks economically has skyrocketed under Obbubba. He tried to help the poor and the poor have accelerated like never before during Obamas run. He tried to destroy rich whites and we have benefitted so much during his Presidency.
I'm just glad he hates me and is trying to wipe me out....if he says he wants to help out rich white men, I'm hiding my money and leaving the country.
and sarcasm is just one of the many qualities that you have to offer this forum. I agree with your points. Somebody (Ben carson?) needs to come out and clearly explain to (poor and/or blacks) what is really going on. How are the inner cities doing? Its pretty telling when Charles Barkley has to be the voice of reason in the never ending racial drama.
I just love how she blames Bush singlehandedly wrecking the economy. Like no legislation or change of regs before Bush was in office had anything to do with it. If I was that naĂŻve or partisan I would hope someone would blow my brains out since I was barely using it anyway
If Bush were so bad then how did the economy hang on after 9-11? I'm not saying Bush's economic policies were brilliant, but it is ignorant to blame him for a sudden bad economy 8 years after he took office. If Bush's policies were so bad then real estate would have tanked in 2001 or 2002. If his economic policies were so bad then he would have lost re-election in 2004. What happened?
If Bush were so bad then how did the economy hang on after 9-11? I'm not saying Bush's economic policies were brilliant, but it is ignorant to blame him for a sudden bad economy 8 years after he took office. If Bush's policies were so bad then real estate would have tanked in 2001 or 2002. If his economic policies were so bad then he would have lost re-election in 2004. What happened?
Your dates are off. GwBush was president Jan 2001-Jan 2009.
The recession began in 2007.
NEW YORK (CNNMoney.com) -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy .
Democrats and President Obama did something to aid the economy when they passed the stimulus package.
It is widely understood to have ended the US recession. And aided GDP growth and job growth.
conservatives aren't credited by objective data or economists of doing anything to help the economy.
Again reality is irrelevant to conservatives.
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I agree with your points. Somebody (Ben carson?) needs to come out and clearly explain to (poor and/or blacks) what is really going on. How are the inner cities doing? Its pretty telling when Charles Barkley has to be the voice of reason in the never ending racial drama.
