New data out this week suggests that the economy is about to kick into a higher gear.

For Christmas this year, the U.S. might finally be given the sort of recovery we’ve all been waiting for.

Economists expect that following recessions, an economy should grow more quickly than than its long-term potential, so that growth eventually catches up to the pre-recession trend. Our most recent recovery, however, never lived up to this expectation, and the economy simply sputtered along rather than making up for lost time.

But Tuesday’s revision of GDP growth suggests the U.S. economy might finally be seeing the above-trend growth we’ve been waiting for. As Jim O’Sullivan of High Frequency Economics points out, other than in the first quarter of 2014, the economy has been growing at a 3.5% annual rate since the middle of last year. “We believe the trend in real growth is now at least 3 percent, and possibly even 3.5 percent. In any event, it’s above the potential growth rate, which is probably no more than 2 percent currently,” he writes.

Time to shut down the government

God damn Obama. Bring baack the Republicans they'll fix this.

Yes it has been too long since the tea baggers shut the government down. Lets put a stop to this growth its making Obama look good...

Fucking Obama! Wrote:
-------------------------------------------------------
> New data out this week suggests that the economy
> is about to kick into a higher gear.
>
> For Christmas this year, the U.S. might finally be
> given the sort of recovery we’ve all been
> waiting for.
>
> Economists expect that following recessions, an
> economy should grow more quickly than than its
> long-term potential, so that growth eventually
> catches up to the pre-recession trend. Our most
> recent recovery, however, never lived up to this
> expectation, and the economy simply sputtered
> along rather than making up for lost time.
>
> But Tuesday’s revision of GDP growth suggests
> the U.S. economy might finally be seeing the
> above-trend growth we’ve been waiting for. As
> Jim O’Sullivan of High Frequency Economics
> points out, other than in the first quarter of
> 2014, the economy has been growing at a 3.5%
> annual rate since the middle of last year. “We
> believe the trend in real growth is now at least 3
> percent, and possibly even 3.5 percent. In any
> event, it’s above the potential growth rate,
> which is probably no more than 2 percent
> currently,” he writes.


Keep toking and living the fantasy. Obama had nothing to do with any of this.

Fuck you Obama you stupid nigger! We were better off with austerity and deep cuts to the safety net at the time.

We missed a golden oppurtunity to kill old and poor people with starvation or hyperthermia.

Stupid niggers. We need a man like Rick Perry. Hes an economic genius.



Edited 1 time(s). Last edit at 11/29/2014 09:01AM by Gerrymanderer2.

Benghazi Scandal, IRS Scandal, Fast-and-Furious Scandal, Global Climate Change Hoax, plus Obama, Obamacare, allowing the Decade of Bush's Temporary Tax Cuts to expire combined with Stimulus on top of quantitative easing, the stock market doubling, 20 months of steady job growth, and unemployment decreasing = Total Economic Doomsday and the End of Days and the Rapture.

Therefore we should immediately:
- dump all our US dollars and buy gold,
- implement Austrian Von Mises economic austerity models,
- change to a Gold Standard
- stockpile guns, ammo, food, and water
- start a revolution
- restore our founding fathers vision of a Ultra-Right-Wing, All-White, Jesus-is-the-only-God, No-Taxes-What-So-Fucking-Ever, Christian-Theocratic-Plutocratic-Confederacy with Canadian Ted Cruz playing the role of American President or that brilliant intellectual Sarah Palin playing the role of American President.

Ban poverty level people from breeding.

Truth

Fucking Obama! Wrote:
-------------------------------------------------------
> New data out this week suggests that the economy
> is about to kick into a higher gear.
>
> For Christmas this year, the U.S. might finally be
> given the sort of recovery we’ve all been
> waiting for.
>
> Economists expect that following recessions, an
> economy should grow more quickly than than its
> long-term potential, so that growth eventually
> catches up to the pre-recession trend. Our most
> recent recovery, however, never lived up to this
> expectation, and the economy simply sputtered
> along rather than making up for lost time.
>
> But Tuesday’s revision of GDP growth suggests
> the U.S. economy might finally be seeing the
> above-trend growth we’ve been waiting for. As
> Jim O’Sullivan of High Frequency Economics
> points out, other than in the first quarter of
> 2014, the economy has been growing at a 3.5%
> annual rate since the middle of last year. “We
> believe the trend in real growth is now at least 3
> percent, and possibly even 3.5 percent. In any
> event, it’s above the potential growth rate,
> which is probably no more than 2 percent
> currently,” he writes.


Are these the same economists who didn't see the downturn of 2008 coming? Are they the same economists who have been wrong in every prediction since then? Last year they predicted that Black Friday would be a turn around event for the economy. It was a dud. Normal economic growth is 4% in a healthy economy. The new normal is now apparently less than 3%. Obama's America - a falling tide lowers all boats.

The fact is Americans make shitty products and until that is fixed with better education and better tools America is going to drift into poverty.

America is the only country where citizens work 40+ hours a week to produce shitty products and have only two weeks off with no guaranteed free healthcare.

Look at most other countries-

Better products|GNP
Free better healthcare
Two months of vacation a year

You've been posting that same shit for that long.
Why so mad bro?

"about to" for the past 5 years, Wrote:
-------------------------------------------------------
> You've been posting that same shit for that long.
> Why so mad bro?


What are you rambling about? You drunk already? It's not even noon?
Attachments: