U.S. Economic Growth Nearly Stalls Out (party, economy, money)

[knowledgeiskey]

I think this is a result of weak Eurozone recovery. Europe needs to get it together.

WASHINGTON—The U.S. economy slowed to a crawl at the start of the year as businesses slashed investment, exports tumbled and consumers showed signs of caution, marking a return to the uneven growth that has been a hallmark of the nearly six-year economic expansion.
Gross domestic product, the broadest measure of goods and services produced across the economy, expanded at a 0.2% seasonally adjusted annual rate in the first quarter, the Commerce Department said Wednesday. The economy advanced at a 2.2% pace in the fourth quarter and 5% in the third.

U.S. GDP Expands at 0.2% Pace in First Quarter - WSJ

[whogo]

The blue wall will come tumbling down if a recession hits in 2016.

[knowledgeiskey]

Originally Posted by whogo

The blue wall will come tumbling down if a recession hits in 2016.

Why the politicalization? This has more to do with the global economy. If anything, blame the fed and the Eurozone.

[J24]

Last year had a terrible first quarter as well. I expect that Q2 & Q3 will turn around and be much stronger, much like they did last year.

[pknopp]

The dog biting the hand that feeds it. The government prints and prints and prints money (which they then add to GDP) and crow about how great the economy is doing. They then have to quit printing and we get a truer picture.

The economy didn't really slow to a crawl, the government just isn't inflating the figures.

[whogo]

Originally Posted by knowledgeiskey

Why the politicalization? This has more to do with the global economy. If anything, blame the fed and the Eurozone.

People blame the party in the White House when crap goes wrong regardless of the reasons behind the calamity.

[knowledgeiskey]

Originally Posted by pknopp

The dog biting the hand that feeds it. The government prints and prints and prints money (which they then add to GDP) and crow about how great the economy is doing. They then have to quit printing and we get a truer picture.

The economy didn't really slow to a crawl, the government just isn't inflating the figures.

The slow down is a result of lackluster inflation.

[pknopp]

Originally Posted by knowledgeiskey

The slow down is a result of lackluster inflation.

LOL, and what was causing the previous inflation? QE (printing money). Don't start threads if you only want your position backed.

[whogo]

Originally Posted by knowledgeiskey

The slow down is a result of lackluster inflation.

You have the cart before the horse.

[pknopp]

Trickle up (which is what QE is) does not work.