That 1.7 is with the fed juicing the economy with QE3 and a non existent fed funds and discount rate. If interest rates are what they should be and there was no fed repurchases the economy would be in the tank big time.
Obamacare and Dodd Frank are coming full bore in 5 months. Those two pieces of bloated clusterfuck are going to create an additional drag on the economy. The next couple of years aren't going to be pretty, especially when rates start to rise.
1.7%
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Re: 1.7%
People without a job can't afford internet azzhole.D1B wrote:You out of a job? Is Baldy out of a job?Ibanez wrote:
You don't know that.
However, in Q4 of 13 this 1.7% will probably be revised.
Considering how conks fucked everything up to begin with, 1.7 is damn good.
Oh, and hey, what the fuck has Conkgress done in the last 5 years? Like they promised to do, they've done nothing and deserve even more of the blame.
Greedy and lazy conks = the root of all evil
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