Economy Sputters With 0.6 Percent Growth

uscitizen

uscitizen

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Economy Sputters With 0.6 Percent Growth


Mar 27, 12:19 PM (ET)

By JEANNINE AVERSA

The Commerce Department reported Thursday that gross domestic product increased at a feeble 0.6 percent annual rate in the October-to-December quarter.

http://apnews.myway.com/article/20080327/D8VLSJK00.html

Hey isn't this the same period that spinner was bragging on things doing fine and the shopping centers full ?
 
uscitizen said:
Economy Sputters With 0.6 Percent Growth


Mar 27, 12:19 PM (ET)

By JEANNINE AVERSA

The Commerce Department reported Thursday that gross domestic product increased at a feeble 0.6 percent annual rate in the October-to-December quarter.

http://apnews.myway.com/article/20080327/D8VLSJK00.html

Hey isn't this the same period that spinner was bragging on things doing fine and the shopping centers full ?
Click to expand...

Oh, please keep sputtering, please!
 
uscitizen said:
Economy Sputters With 0.6 Percent Growth


Mar 27, 12:19 PM (ET)

By JEANNINE AVERSA

The Commerce Department reported Thursday that gross domestic product increased at a feeble 0.6 percent annual rate in the October-to-December quarter.

http://apnews.myway.com/article/20080327/D8VLSJK00.html

Hey isn't this the same period that spinner was bragging on things doing fine and the shopping centers full ?
Click to expand...

Thanks for the update... this is not new news... Todays report essentially just didn't revise the previously released data.... in my opinion... to prevent a technical recession from being declared.
 
That means we can't officially be in a recession since it's not negative yet! Make the tax cuts permanent! They're working!
 
ib1yysguy said:
That means we can't officially be in a recession since it's not negative yet! Make the tax cuts permanent! They're working!
Click to expand...

That's kind of like making the "War on Drugs" permanent: really stupid.

Oh, wait. We've gone and done that, haven't we? Well, consistancy is the hobgoblin of little minds. ;)
 
Watermark said:
WTF WTF!?1?! ZOMG!/!/1 ZOMG?1?!? IT'S ORNOT ZOMG?!
Click to expand...
2 B ornot 2 B, that is ![the question]. :clink:

Yeah, yeah. I'm (probably) done sulking and skulking. Life ain't fair but, then, nothing is. it looks like my wife is not going to drop dead in the near future and, thus, I don't feel quite so . . . guilty spending time online, lobbing bum mops and verbal grenades.

How's stuff, WM?
 
OrnotBitwise said:
2 B ornot 2 B, that is ![the question]. :clink:

Yeah, yeah. I'm (probably) done sulking and skulking. Life ain't fair but, then, nothing is. it looks like my wife is not going to drop dead in the near future and, thus, I don't feel quite so . . . guilty spending time online, lobbing bum mops and verbal grenades.

How's stuff, WM?
Click to expand...

World of Warcraft. I wish I could put it eloquently like you, but that's about it. That and college.
 
ib1yysguy said:
That means we can't officially be in a recession since it's not negative yet! Make the tax cuts permanent! They're working!
Click to expand...

Yeah, because anyone can see we would all be better off if we were simply paying more taxes.

No wonder you make a living clicking a shutter.
 
Well we've cut the top marginal rate about 60% over the past 30 years, and obviously, that's helped the economy tremendously. Before that, we were a third world nation, but now that the money is in the hands of the rich, instead of in the hands of welfare queens, we have a better spread of wealth in the nation, which means there's more wealth. Or something like that.
 
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