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If you have EVER heard of anything good from the present administration, you were lied to..
You will never find anything good to say about this corrupt, incompetant bunch of crooks. They will be dismissed next year, hopefull some will be in jail..
DADT has been repealed. No lie. It's a very good thing.
Growth is good news, an increase in hiring would be better news.
Let me give you all a mistake made by the Obama Administration: the financial sector not being dealt with when the iron was hot. Significant financial industry and regulation reform is not possible now. That is the big fumble made by this administration, in my opinion.
Yup. It's funny how no conservatives have started threads about the better news about the economy. I wonder why that is?
It's just that we have a different standard for "better news about the economy"...
"The recession ended in 1982 and by 1983, the U.S. economy was growing at extremely healthy rates. Between Q1 of 1983 and Q2 of 1984, average GDP growth was more than 7 percent. This is not to say the U.S. economy will replicate this pace of growth in the quarters ahead, but we have previously seen the rubber-band effect after deep recessions and there is no reason why it couldn’t happen again."
It's just that we have a different standard for "better news about the economy"...
"The recession ended in 1982 and by 1983, the U.S. economy was growing at extremely healthy rates. Between Q1 of 1983 and Q2 of 1984, average GDP growth was more than 7 percent. This is not to say the U.S. economy will replicate this pace of growth in the quarters ahead, but we have previously seen the rubber-band effect after deep recessions and there is no reason why it couldn’t happen again."
The Reagan Administration's accomplishment was done with both the Executive and Legislative branches working together.
With the bad blood between the two branches today, 2.5% may be the best that can be done.
That's no joke.
TEFRA—the Tax Equity and Fiscal Responsibility Act—which [COLOR=#216221 !important][COLOR=#216221 !important]congressional[/color][/color] Democrats promised would involve a ratio of $3 in spending cuts for every $1 in tax increases (which they said would consist only of closing loopholes). TEFRA passed later that year, and the tax increases certainly happened but, as Reagan later put it in his autobiography, “the Democrats reneged on their pledge and we never got those cuts.”
These statistics are only fluctuations of the baseline. Even if statistics will show 1% lower growth it is still insignificant (although people moods may change following that kind of news). A significant change in the overall trend will be noticed by all. "When you see it, you will know"!
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