Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 07-29-2016, 07:56 AM
 
7,264 posts, read 4,175,627 times
Reputation: 5463

Advertisements

1.2% GDP is less than half of expected, first quarter revised down to 0.8%. Obama and dems are lying to you folks. It's probably even worse than that.
Reply With Quote Quick reply to this message

 
Old 07-29-2016, 08:03 AM
 
4,095 posts, read 2,552,934 times
Reputation: 3973
I dread 4 more years of Democrat failed policies.
Reply With Quote Quick reply to this message
 
Old 07-29-2016, 08:05 AM
 
34,620 posts, read 21,471,527 times
Reputation: 22232
Why does it appear that the numbers we get end up being revised down so often?

It seems they rarely get revised to better numbers but almost always worse.
Reply With Quote Quick reply to this message
 
Old 07-29-2016, 08:06 AM
 
254 posts, read 192,010 times
Reputation: 413
My all time favorite was when they revised the GDP from like 2% to 1% to 0.1% to -0.1%. But you had to follow it for like three months after the original figure. They're probably still working on the 2010 GDP figures as we speak, LMAO.
Reply With Quote Quick reply to this message
 
Old 07-29-2016, 08:09 AM
 
9,617 posts, read 6,031,355 times
Reputation: 3884
If you look back to Q3 2014, the point at which the Fed began removing bond purchases, the GDP trend has been downward. That says the FED cheap, cheap money (which they are still providing with a .25% overnight rate), and massive bond purchases were the only two things that gave any juice to the economic recovery and GDP. Without the bond purchases, which we have been at for a year or so now, the economy and GDP are sputtering along. Lack of a real recovery program by the Obama Administration is why we have plentiful, but lousy jobs, little real growth and a downward trajectory. If it continues, and I predict it will, the layoffs will start up again, Obama's approval rating will taper downward and Donald Trump wins in November. Not by much, but he wins.
Reply With Quote Quick reply to this message
 
Old 07-29-2016, 08:17 AM
 
Location: Haiku
7,132 posts, read 4,736,127 times
Reputation: 10327
Quote:
Originally Posted by earthlyfather View Post
Lack of a real recovery program by the Obama Administration is why we have plentiful, but lousy jobs, little real growth and a downward trajectory.
Recovery program = Government spending = Big government. Republicans don't like big government. Republicans own both the house and the Senate. Ergo, this is the fault of the Republicans, not Obama.
Reply With Quote Quick reply to this message
 
Old 07-29-2016, 08:19 AM
 
Location: Sonoran Desert
38,982 posts, read 50,947,172 times
Reputation: 28173
It was due to inventory declines which is a good thing going forward as it reflects demand exceeding production and they will need to be rebuilt. I would much rather see a lower number because of declining inventory than a number boosted by inventory growth. And the silver lining is that interest rates will stay down over the next few months at least making mortgages, autos, credit cards all more affordable.
Reply With Quote Quick reply to this message
 
Old 07-29-2016, 08:19 AM
 
34,620 posts, read 21,471,527 times
Reputation: 22232
Quote:
Originally Posted by TwoByFour View Post
Recovery program = Government spending = Big government. Republicans don't like big government. Republicans own both the house and the Senate. Ergo, this is the fault of the Republicans, not Obama.
Any person who isn't a partisan hack knows big government is the problem with both parties.
Reply With Quote Quick reply to this message
 
Old 07-29-2016, 08:21 AM
 
254 posts, read 192,010 times
Reputation: 413
Quote:
Originally Posted by TwoByFour View Post
Recovery program = Government spending = Big government. Republicans don't like big government. Republicans own both the house and the Senate. Ergo, this is the fault of the Republicans, not Obama.
Always hilarious how liberals alternate between praising Obama for his glorious recovery and saying that the Republicans own the disastrous debacle of crap that we have. MWAH HA HA HA HA!
Reply With Quote Quick reply to this message
 
Old 07-29-2016, 08:29 AM
 
4,040 posts, read 2,540,607 times
Reputation: 4010
It is Bush's fault
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top