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Republicans will say it is very poor because they hate America and they think that if more Americans suffer it will eventually hurt Obama politically.
Democrats will say the economy is doing good because it is a fact and they love their country and they want to see all Americans prosper.
HAHAHAHAHA. It's doing good? LOL....
Unemployment at 8.3%, unemployment would be over 10% if the same number of people were in the labor force as there were in 2009, income growth is not keeping up with inflation, home prices are at record lows.
GDP growth in the fourth quarter of 2011 was an annual rate of 2.8%
We need to have annual GDP growth of over 3%.
As you roll your eyes at his question, you still didn't tell us what GDP means. While it is an acronym for gross domestic product, it means the market value of all final goods and services produced within a time period.
Inventory build up comprised about 2% out of last quarter's 2.8% growth which isn't good.
Nobody is better off than when Obama took office except for the government unions who got all the benefit of the tax payer stimulous.
Gas has doubled I hear. Obama wants $6 gas for our own good and we will get a recession of the worst degree or a depression in 2013 as employers have to fire many workers, close down and charge us all a lot more money for Obamacare.
Unemployment at 8.3%, unemployment would be over 10% if the same number of people were in the labor force as there were in 2009, income growth is not keeping up with inflation, home prices are at record lows.
As you roll your eyes at his question, you still didn't tell us what GDP means. While it is an acronym for gross domestic product, it means the final market value of goods and services produced within a time period.
Yes, I know that. Thanks for mocking my response.
Quote:
Originally Posted by A Common Anomaly
Inventory build up comprised about 2% out of last quarter's 2.8% growth which isn't good.
Yes. In addition, most economists are forecasting a lower growth rate in 2012 than in the fourth quarter of 2011.
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