More depressing economic news. Durable goods drop 13%, recession possible (unemployment, gas prices, racist)

[Tilt11]

Over the cliff: Durable goods orders drop 13.2% in August; Update: Q2 GDP downgraded from 1.7% to 1.3% « Hot Air

Worst decrease in almost 4 years.
Q2 downgraded as well.

Yet if you listen to the liars in the media and liberals, its supposedly getting so much better. We are not out if any trouble yet. And most likely will struggle or face another recession the way things are going. But go on thinking Obama's been doing so great.....

[Frank DeForrest]

just need to keep belivin till after the election....

[Tilt11]

Libs you need to get things straight. Either its all getting better and its because of Obama or its not and its someone else's fault.

[gwynedd1]

I consider it more like documentation of what was expected.

[wxjay]

Q2 GDP revised down from 1.7% to 1.25%.

Just a 'bump in the road' folks.

[gwynedd1]

Originally Posted by Tilt11

Libs you need to get things straight. Either its all getting better and its because of Obama or its not and its someone else's fault.

Or people need to realize that Obama and Romney are just different candidates of the American Bolshevik party.

[jt800]

Gas prices are still outrageously high (twice as high as when Obama came to town). Liberals screamed when they were half what they are today because it wasn't a Democrat in office.

Gas prices affect the price of everything else too.

Then we have these headlines from Drudge:


2Q GDP revised down to 1.3% from 1.7%...

Durable orders down 13.2%...

Jobless claims 359,000...

SANTELLI: 'Depressingly weak'...


There is no way anyone can reasonably argue that this economy is getting better. It's actually gotten WORSE since Obama's "recovery".

In 2009 Obama said that if he didn't turn around the ecnomy by his THIRD YEAR he wouldn't deserve re-election.

Either Liberals are now saying he lied again, or we ought to take him at his word.

[Frank DeForrest]

Originally Posted by gwynedd1

Or people need to realize that Obama and Romney are just different candidates of the American Bolshevik party.

thats right, the most the outcome of this election would change is the beneficiaries of redistributed taxpayer funds.

[Roadking2003]

Originally Posted by Tilt11

Over the cliff: Durable goods orders drop 13.2% in August; Update: Q2 GDP downgraded from 1.7% to 1.3% « Hot Air

Worst decrease in almost 4 years.
Q2 downgraded as well.

Yet if you listen to the liars in the media and liberals, its supposedly getting so much better. We are not out if any trouble yet. And most likely will struggle or face another recession the way things are going. But go on thinking Obama's been doing so great.....

If you make the bar low enough, he is doing great. The bar used to be Jimmie Carter. Obama makes Carter look world class.

[summers73]

Pointing out bad economic news is racist and makes you look like you want to see the country fail.