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Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 7:48 am
by Cap'n Cat
http://www.msnbc.msn.com/id/33529806/ns ... d_economy/
WASHINGTON - The U.S. economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes. It's the strongest signal yet that the economy has entered a new, though fragile, phase of recovery and that the worst recession since the 1930s has ended.
"This welcome milestone is just another step, and we still have a long road to travel until the economy is fully recovered," said Christina Romer, President Barack Obama's chief economist. "It will take sustained, robust ... growth to bring the unemployment rate down substantially. Such a decline in unemployment is, of course, what we are all working to achieve."
USA! USA! USA! USA!
"Man, I told you fvckin Conks!"

Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 7:52 am
by danefan
Money money money money! Money!
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 9:23 am
by AZGrizFan
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 9:56 am
by Cap'n Cat
Fvck, Z, instead of letting it build some momentum, you and Tman and Hoagie took profits to buy your daughters new Mercedes!
"Thanks, Daddy!! Milk the "Obamaconomy" for all it's worth!!!! If you weren't my dad, I'd blow you. Oh, WTF, let's get a room!"
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 10:02 am
by AZGrizFan
Cap'n Cat wrote:
Fvck, Z, instead of letting it build some momentum, you and Tman and Hoagie took profits to buy your daughters new Mercedes!
"Thanks, Daddy!! Milk the "Obamaconomy" for all it's worth!!!! If you weren't my dad, I'd blow you. Oh, WTF, let's get a room!"
Why would you make a post about a car, and then not post a picture with a car in it?

Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 10:52 am
by Cap'n Cat
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 11:01 am
by ASUG8
Business Cycle 1
Obama 0
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 11:32 am
by Cap'n Cat
ASUG8 wrote:Business Cycle 1
Obama 0

Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 11:57 am
by ASUG8
Cap'n Cat wrote:ASUG8 wrote:Business Cycle 1
Obama 0

No worries, Cap'n. Once the Dems finally figure out which convoluted health care proposal they'll back, then BHO can concentrate on bottling his tears to cure cancer.

Congrats to the Dems on solving our economic woes.

Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 1:33 pm
by Ivytalk
That includes the "cash for clunkers effect" and other one-off effects of government pump-priming.
The economist quoted on the msnbc blog said, "The consumer, in fact private demand in general, is not ready yet to pick up the growth baton from the government." And if Obamacare and cap-and-tax pass, that baton will stay on the ground, folks.
So thanks loads, Barry.

Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 2:17 pm
by houndawg
It's just killing some people that a black man is leading us out of George W Bush's eight-year reign of miserable failure and pitiful incompetence.

Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 2:29 pm
by wkuhillhound
As long as I don't have a job, the economy hasn't recovered.

Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 2:29 pm
by AZGrizFan
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 3:11 pm
by Cap'n Cat
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 5:12 pm
by ChetSteadman
Hey Cappy...who was responsible for pulling America out of the Jimmy Carter recession? Was that Obama, too?
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 5:44 pm
by Cap'n Cat
ChetSteadman wrote:Hey Cappy...who was responsible for pulling America out of the Jimmy Carter recession? Was that Obama, too?
Hey, Chet, do some research and find out. Wasn't Reagan. Were were in recession for a few more years after he came to office. This Obama shit is virtually immediate!

Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 7:09 pm
by Wedgebuster
Jobs are over-rated in my book.. you just trading your time for someone else's money.. also stands for Just Over Broke!
Go out on your own! It's a buyer's market.
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 7:27 pm
by HI54UNI
Is this part of the "W" shaped economy that some are predicting?
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 7:38 pm
by ASUG8
This recession has different metrics - too many variables introduced since the last measure.
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Thu Oct 29, 2009 7:49 pm
by SeattleGriz
houndawg wrote:
It's just killing some people that
a black man is leading us out of George W Bush's eight-year reign of miserable failure and pitiful incompetence.

Really? Maybe it is because I live in liberal Seattle, but I have yet to hear anyone disparage Barack for being black. All animus I have heard, has been directed at Barack's policy and not his skin color.
I ask, because I am not surrounded by prejudice and am really curious to know if this is happening in your neck of the woods.
Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Fri Oct 30, 2009 5:46 am
by houndawg
Nonsense, Herbert. If McCain were in the White House and drooling in his porridge between whiffs on the oxygen bottle you'd be assuring us that it was his fault we're pulling out of the Bush Recession.

Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Fri Oct 30, 2009 5:52 am
by houndawg
SeattleGriz wrote:houndawg wrote:
It's just killing some people that
a black man is leading us out of George W Bush's eight-year reign of miserable failure and pitiful incompetence.

Really? Maybe it is because I live in liberal Seattle, but I have yet to hear anyone disparage Barack for being black. All animus I have heard, has been directed at Barack's policy and not his skin color.
I ask, because I am not surrounded by prejudice and am really curious to know if this is happening in your neck of the woods.
You are safely ensconced in America, whereas I, in southernmost Illinois, am right on the border that separates America from Dumbphuckistan and experience on a daily basis the poisonous vapor of hatred emanating from the nearby red states and wafting across the land.

Re: Economy Leaps Unexpected 3.5% Last Qtr! All Hail Obama!!!
Posted: Fri Oct 30, 2009 5:55 am
by ASUG8
If we had no president we'd be pulling out of the recession now. Also, your grandkids wouldn't be saddled with a ton of debt right out of the womb, but I digress.