Quote:
Originally Posted by VTHokieFan
"Well at least it's growth!" - Liberals
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Indeed, negative growth is better than no growth at all -- Obanomics.
Remember, this is only the initial guess. We'll have to suffer through 2 revisions to get the real story.
I don't even bother with GDP calculations any more. No point in it. All of the data since 2006 has pointed to the same dead end flat-line economy for the rest of this decade.
Quote:
Originally Posted by 2012 Annual Report Of The Boards Of Trustees Of The Federal Hospital Insurance And Federal Supplementary Medical Insurance Trust Funds...Page 7
For Part D, the estimated average annual increase in expenditures is 8.8 percent through 2021. The projected average annual rate of growth for the U.S. economy is 5.0 percent during this period
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[Emphasis Mine]
How sad.
You people pay so much freaking tax dollars for "America's Best" -- the "you-Harvards" and other "Ivy League Elite" jack-asses in your government and they can't even crunch the numbers for your economy right.
Your economy will neither average 5.0% nor grow 5.0% between now and 2020, and you don't have to be a Rhodes Scholar to figure that out.
You all better figure it out soon, because a ship is about ready to wreck into your train-wreck.
Not impressed with the Ivy League...
Mircea