April 30, 2012
— Ace A little earlier than scheduled -- because on that day the quarterly GDP growth estimate for the 3rd Quarter.
And it appears that the economy is slowing -- and it was already stagnant.
Now you may wonder if Obama would permit any sort of 1% or lower reading on the economy, or would demand it be fudged upwards.
But that's a silly thing to wonder. Of course he'll demand it be "revised."
[A Goldman forecaster] said she agrees with Goldman economist Jan Hatzius’s forecast of the second half being more “difficult” than the first. “We have seen some deceleration in economic activity” after a mild winter that might have “puffed up” seasonal growth in the first quarter, she said.
Pethokoukis almost exclaims:
Wait, the second half will be “more difficult” than the first? We might be lucky to have 2% growth in the first half.
This may be the best Obama can do.
But it's not the best America can do.
As Goes California... ...so goes the nation?
A lot of people throw the word "unsustainable" around without really appreciating its simple meaning: This will not be sustained. It will end.
Posted by: Ace at
12:21 PM
| Comments (166)
Post contains 204 words, total size 2 kb.
Posted by: Barack Obama at April 30, 2012 12:23 PM (Q1lie)
Posted by: EC at April 30, 2012 12:24 PM (GQ8sn)
Posted by: joncelli, heartless Con and all around unpleasant guy at April 30, 2012 12:26 PM (RD7QR)
Posted by: Mayday at April 30, 2012 12:26 PM (orrLR)
Posted by: Jay Carny at April 30, 2012 12:26 PM (z9HTb)
Posted by: thunderb at April 30, 2012 12:27 PM (Dnbau)
Posted by: EC at April 30, 2012 04:24 PM (GQ8sn)
Keptin! Me printing presses canna take nae more!
Posted by: Timmy "Scotty" Geithner at April 30, 2012 12:27 PM (RD7QR)
Posted by: teej at April 30, 2012 12:27 PM (auda5)
Posted by: George Bush at April 30, 2012 12:28 PM (HOOye)
Posted by: Jean at April 30, 2012 12:29 PM (WkuV6)
Posted by: Daybrother at April 30, 2012 12:29 PM (g1fN1)
Posted by: teej at April 30, 2012 12:29 PM (auda5)
We're gonna need a bigger printing press.
Posted by: Ben "Brody" Bernanke at April 30, 2012 12:29 PM (v+QvA)
Posted by: Barack "I am smarter than you" Obama at April 30, 2012 12:30 PM (HOOye)
Posted by: BeckoningChasm at April 30, 2012 12:30 PM (i0App)
If things get better or remain the same, Obama will win.
If Romney can't out-fund-raise Obama for at least one period (month or quarter), Obama will win.
If Romney doens't lead Obama by > MOE right before election, Obama will win.
To recap:
Romney must raise more money than Obama for a single month; must lead in a poll by greater than the MOE; and the economy and gas must remain the same or get worse to defeat Obama.
Posted by: soothie at April 30, 2012 12:30 PM (G/zuv)
We have increased our boot production by 150,000 additional units this past month.
Posted by: EC at April 30, 2012 12:30 PM (GQ8sn)
Posted by: Timmy "Nigel" Geithner at April 30, 2012 12:31 PM (tf9Ne)
Posted by: Bob Saget at April 30, 2012 12:31 PM (SDkq3)
Or that voters understand arithmetic.
Posted by: HeatherRadish™ at April 30, 2012 12:32 PM (ZKzrr)
I've could have sworn that early in the year economist were projecting a slow but steady growth.
Must use the same methodology use in global warming.
Posted by: YIKES! at April 30, 2012 12:32 PM (eXigD)
Saying this economy is decelerating is like saying a car is reducing its speed from 3 to 2 MPH.
Posted by: TheQuietMan at April 30, 2012 12:32 PM (1Jaio)
Posted by: BO at April 30, 2012 12:32 PM (HOOye)
Posted by: Bruce at April 30, 2012 12:32 PM (iqUtl)
Posted by: eureka! at April 30, 2012 12:32 PM (81yf8)
Posted by: NPR Headlines at April 30, 2012 12:32 PM (eHIJJ)
Oh boy, whose ready for QE3 and QE4 before Obummer leaves office?
All you dying boomers are going to leave me with hyper-inflation that makes Carter look like the golden days aren't you? On the upside I plan on inflating my mortgage out of existance! (It's the strangest economic strategy I've ever arrived at, but I figure if I buy now, lock in at 2012 dollars, in about 10 years I'll be able to pay off the mortgage with 1 year's salary or less.)
Posted by: tsrblke at April 30, 2012 12:32 PM (22rSN)
You want to to stand here and sip my Slurpee while you do that?
Posted by: Typical Republican at April 30, 2012 12:33 PM (sbV1u)
Posted by: Mayday at April 30, 2012 04:26 PM (orrLR)
We need the Obama bus, and a cliff. That should be sufficient.
Posted by: buzzion at April 30, 2012 12:33 PM (GULKT)
Unless Romeny morphs into McCain, he defeats Hussein
and the bitter tears of so many libs will taste so sweet.........
Posted by: SantaRosaStan, 100% white meat / pork at April 30, 2012 12:34 PM (Dll6b)
Posted by: AmishDude at April 30, 2012 12:34 PM (T0NGe)
Posted by: Death , Taxes, & SMOD2012 at April 30, 2012 12:34 PM (KVFSn)
Posted by: maddogg at April 30, 2012 12:35 PM (OlN4e)
Posted by: Teresa in Fort Worth, TX at April 30, 2012 12:35 PM (0xqzf)
Posted by: Daybrother at April 30, 2012 12:35 PM (g1fN1)
Was last week that the Brits announced that they are officially heading into a double recession or are in one right now?
Posted by: YIKES! at April 30, 2012 12:36 PM (eXigD)
Posted by: Jon EF'n kerry or SubMitt at April 30, 2012 12:36 PM (vXqv3)
Posted by: maddogg at April 30, 2012 12:36 PM (OlN4e)
Posted by: AllenG (Dedicated Tenther) SMOD 2012 at April 30, 2012 12:37 PM (8y9MW)
Our economy is wallowing, barely avoiding retraction ( retraction is Bad )
Posted by: SantaRosaStan, 100% white meat / pork at April 30, 2012 12:37 PM (Dll6b)
Posted by: toby928© beating memes to death since 2006 at April 30, 2012 12:37 PM (NG097)
Posted by: nerdygirl at April 30, 2012 12:37 PM (ZQGG7)
Posted by: rockmom at April 30, 2012 12:38 PM (aBlZ1)
Yes.
Posted by: AmishDude at April 30, 2012 12:38 PM (T0NGe)
Posted by: AllenG (Dedicated Tenther) SMOD 2012 at April 30, 2012 12:38 PM (8y9MW)
People either feel the Obama economy or they don't.
We're feeling it all right, good and hard.
Is that sand?
Posted by: BackwardsBoy at April 30, 2012 12:38 PM (d0Tfm)
Posted by: toby928© at April 30, 2012 12:38 PM (NG097)
Where, oh where will our little Chicago eater of dogs go afterwards?
On to Kenya - where he made sure that their new Constitution stated that a person could be elected President there as long as one of their parents was a Kenyan citizen. No residency requirements or nuthin' - a person can live their entire life in another country, and still be eligible to run for the office.
The ego on this cretin is off the charts.....
Posted by: Teresa in Fort Worth, TX at April 30, 2012 12:39 PM (0xqzf)
Posted by: NPR at April 30, 2012 12:39 PM (FcR7P)
They'll fix it when Marin County starts to look like the Central Valley.
Which, at this rate, should be sometime around the tail end of this year.
Posted by: Sean Bannion at April 30, 2012 12:39 PM (sbV1u)
Posted by: Death , Taxes, & SMOD2012 at April 30, 2012 12:40 PM (KVFSn)
18 To recap:
Romney must raise more money than Obama for a single month; must lead in a poll by greater than the MOE; and the economy and gas must remain the same or get worse to defeat Obama.
Posted by: soothie at April 30, 2012 04:30 PM (G/zuv)
I see you've been reading entrails outside the spay / neuter clinics in Nashville...
Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars at April 30, 2012 12:40 PM (UzjcV)
Posted by: Jay in Ames at April 30, 2012 12:40 PM (UEEex)
Posted by: irright at April 30, 2012 12:41 PM (RzLbD)
Election May Be Over on October 26, 2012
btw that's my b-day
Shoot out at O.K Corral, Battle of Leyte Gulf ended.
Posted by: YIKES! at April 30, 2012 12:41 PM (eXigD)
Let's hear it for the boner!
“The president is getting some very bad advice from his campaign team, because he’s diminishing the presidency by picking fake fights, going after straw men every day.”
-- Speaker Boehner
April 29, 2012
Posted by: soothie at April 30, 2012 12:41 PM (G/zuv)
They'll float about the deluge, blissfully arrogantly ignorant
Posted by: SantaRosaStan, 100% white meat / pork at April 30, 2012 12:42 PM (Dll6b)
I just got back from Cabo. I want to move there and become a cabana girl. It would probably be a better life.
Posted by: mpfs at April 30, 2012 12:42 PM (iYbLN)
Put the Obama bus on the above graph.
Posted by: Waterhouse at April 30, 2012 12:42 PM (Pi5Sz)
And who's the patriot here?
Posted by: gRunginess at April 30, 2012 04:38 PM (gCa4h)
Celebrate????????
Fuck off ass hole. "Bemoan" is the word.
Again, FUCK YOU!
Posted by: Death , Taxes, & SMOD2012 at April 30, 2012 12:42 PM (KVFSn)
Krugman has long maintained that the government's policy response in recent years has been either weaker than, or the opposite of, what it should have been.
The original Federal stiumulus, for example, wasn't big enough, Krugman says. And the recent moves of Republican-controlled states to cut spending have made the problem worse, not better.
Why?
Because the spending cuts have led to job cuts, which have led to further spending cuts. And so on. Europe, Krugman observes, is charging down the same disastrous path, and it is now plunging into another recession.
Just look at the reality, Krugman says. People have been predicting hyperinflation and runaway interest rates for years, and they're just not happening. The best way to fix our problem, Krugman adds, is to grow our way out of the problem and to generate modest inflation to gradually reduce the real (inflation-adjusted) burden of debt. But instead of focusing on these two goals, Krugman observes, our government keeps cutting spending and obsessing about 2% inflation.
Keep printing and spending. Forward! To Zimbabwe!
Posted by: TheQuietMan at April 30, 2012 12:42 PM (1Jaio)
Posted by: Dave C at April 30, 2012 12:43 PM (JRdnf)
58 Once again, wingers celebrate the decline of the American economy.
And who's the patriot here?
Posted by: gRunginess at April 30, 2012 04:38 PM (gCa4h)
Here's a hint, YOU won't find one staring back at YOU in a mirror...
Haven't you got an OWS action to prepare for tomorrow?
Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars at April 30, 2012 12:43 PM (UzjcV)
oh, wait---he DID. Public employee unions, crazy spending, rim jobs to unions
Posted by: SantaRosaStan, 100% white meat / pork at April 30, 2012 12:43 PM (Dll6b)
This is a big fuckin' deal.
Posted by: Sheriff Joe Biden at April 30, 2012 12:43 PM (Q1lie)
Volts for the welfare peeps, no gas to buy just plug into any outlet they can find to siphon free electricity from If they explode free death benefit from Gobermint Motors.
Posted by: ConcealedKerry or SubMitt at April 30, 2012 12:43 PM (vXqv3)
Marin? I wouldn't live there if you paid me.
Calistoga though? Well, that's a different story, even with all the mess in the rest of Cali.
Of course, I'd have to spend the first week laying in the anti-personnel minefield.
Posted by: Sean Bannion at April 30, 2012 12:44 PM (sbV1u)
Posted by: Jay in Ames at April 30, 2012 04:40 PM (UEEex)
Yup! 360 degrees, man!
Posted by: Joe Biden, SOOOOPER Genius at April 30, 2012 12:44 PM (RD7QR)
And who's the patriot here?>>
I do not celebrate it since it hurts my family as much as theirs. But they wouldn't listen when we told them this is what their ludicrous policies would do. And they need to learn once and for all that TNSTAAFL!!
Posted by: Buzzsaw at April 30, 2012 12:44 PM (tf9Ne)
Posted by: ConcealedKerry or SubMitt at April 30, 2012 12:44 PM (vXqv3)
Posted by: laceyunderalls at April 30, 2012 12:45 PM (pLTLS)
I think the election was decided last August when we lost debt ceiling showdown.
We had an opportunity to grind Obama into the dust but, instead, super committee.
Posted by: soothie at April 30, 2012 12:45 PM (G/zuv)
Posted by: blue star at April 30, 2012 12:45 PM (wPV9+)
Posted by: mpfs at April 30, 2012 04:42 PM (iYbLN)
Is going from Cali to Mexicali going from Bad to Sorta More Bad??
Posted by: SantaRosaStan, 100% white meat / pork at April 30, 2012 12:45 PM (Dll6b)
Once again, wingers celebrate the decline of the American economy.
And who's the patriot here?
If it means that we're SCOAMFless in November, then hell yeah we're celebrating!
Posted by: BackwardsBoy at April 30, 2012 12:46 PM (d0Tfm)
Posted by: TheQuietMan at April 30, 2012 12:46 PM (1Jaio)
Posted by: dogfish at April 30, 2012 12:47 PM (N2yhW)
Posted by: Retired Buckeye Cop at April 30, 2012 12:47 PM (M0NzJ)
Posted by: laceyunderalls at April 30, 2012 04:45 PM (pLTLS)
Pics or it will not have happened!
Posted by: Joe Biden, SOOOOPER Genius at April 30, 2012 12:47 PM (RD7QR)
Posted by: J.J. Sefton at April 30, 2012 12:47 PM (Af3Wg)
Posted by: Grey Davis at April 30, 2012 12:47 PM (Q1lie)
Just look at the reality, Krugman says. People have been predicting
hyperinflation and runaway interest rates for years, and they're just
not happening. The best way to fix our problem, Krugman adds, is to grow
our way out of the problem and to generate modest inflation to
gradually reduce the real (inflation-adjusted) burden of debt. But
instead of focusing on these two goals, Krugman observes, our government
keeps cutting spending and obsessing about 2% inflation.
----------------------------------------------
It's obvious that Krugman hasn't been grocery shopping lately.
Posted by: Soona at April 30, 2012 12:47 PM (AZdM4)
So...tomorrow is the Big Day when the OWSers are going to "shut down cities" across the country, by attacking bridges.
What is it again that they are supposed to be 'protesting'? ....Did they ever figure out that part?
Posted by: wheatie at April 30, 2012 12:47 PM (cB+Hn)
Posted by: Sean Bannion at April 30, 2012 04:44 PM (sbV1u)
Your second week would look like an episode from 'The Walking Dead'.
Posted by: SantaRosaStan, 100% white meat / pork at April 30, 2012 12:48 PM (Dll6b)
This is TRULY the first time I've ever wished for bad news to affect a good political outcome. For once, I think it is justified to hope that, even with the real human pain and distress that it will bring, the economy would do the long-term trajectory of the country a huge favor by diving into the basement.
We can get back to economic growth when we're not just riding the inevitable pendulum-swing back to positive growth due to nothing more than the business cycle sine wave. Instead, when proper, non-insane policies are in place that actually PROMOTE growth, respect contracts and property, and enhance the conditions necessary for capital to be risked against competition and not a stacked deck and rigged game of governmental activism and fixing for cronies of the state, THEN the economy can grow. For now, though, I want us bumping along the bottom, and the blame firmly fixed on the destructive crew that is taking us down to an unrecoverable spin-out.
The worst thing would be juuuuust enough barely-good-enough economic news to allow these idiots and evil SOBs to keep hamstringing the country into ruin for another four years. And the way they mismanage everything they touch, that is the absolute best they're going to be able to do, relying on an upswing that was going to happen anyway, and then, post-election, they kill it in its crib.
Hope for bad things until November, and pin it on the people responsible for it. Sounds bad, but this election is WAY more important than the next two quarters of economic statistics.
Posted by: Bluesman at April 30, 2012 12:48 PM (ualnC)
Either that or "I Am Legend"
Posted by: Sean Bannion at April 30, 2012 12:49 PM (sbV1u)
Posted by: Nevergiveup at April 30, 2012 12:49 PM (eCnLg)
So...tomorrow is the Big Day when the OWSers are going to "shut down cities" across the country, by attacking bridges.
What is it again that they are supposed to be 'protesting'? ....Did they ever figure out that part?
Posted by: wheatie at April 30, 2012 04:47 PM (cB+Hn)
Capitalism is, like, heartless and shit. Oh, and pay my student debt, 'cuz I'm the future of America. Got any weed?
Posted by: Your average Occupier at April 30, 2012 12:49 PM (RD7QR)
Posted by: a real patriot, not a SCoaMF imposter at April 30, 2012 12:50 PM (HOOye)
Posted by: SantaRosaStan, 100% white meat / pork
Not in Cabo. One of the few safe places left and you can drink the water.
Posted by: mpfs at April 30, 2012 12:50 PM (iYbLN)
It's obvious that Krugman hasn't been grocery shopping lately.
Additionally Krugman should know that the hyper-inflation won't set in until the economy begins to recover.
Posted by: tsrblke at April 30, 2012 12:50 PM (22rSN)
Posted by: Daybrother at April 30, 2012 12:50 PM (g1fN1)
Posted by: Johnny Drama at April 30, 2012 12:51 PM (U9NWP)
Posted by: t-bird at April 30, 2012 12:52 PM (FcR7P)
Posted by: CAC at April 30, 2012 12:52 PM (V8AsJ)
Posted by: joeindc44 says hide your dogs, SCOMDEF's in town at April 30, 2012 12:52 PM (QxSug)
Saying "we told you so" to subtards such as yourself, is not celebrating, dipshit.
Posted by: irright at April 30, 2012 12:52 PM (RzLbD)
1st: 7.4
2nd: 5.0
3rd: 2.3
Are you done playing Eeyore? Even your stats there show that Barky is toast: it wasn't that the immediately previous quarter had been awesome- it was that the whole previous year had been. I don't think Barky has been able to show even one quarter of good, solid growth since he took office.
Posted by: AllenG (Dedicated Tenther) SMOD 2012 at April 30, 2012 12:53 PM (8y9MW)
Posted by: PaleRider at April 30, 2012 12:53 PM (dkExz)
Posted by: SantaRosaStan, 100% white meat / pork at April 30, 2012 04:45 PM (Dll6b)
------------------------------------------
Old Mehico is doing comparatively well against the New World.
Posted by: Soona at April 30, 2012 12:53 PM (AZdM4)
Posted by: AmishDude at April 30, 2012 12:54 PM (T0NGe)
Posted by: toby928© at April 30, 2012 12:54 PM (NG097)
Thats just the 6% that realize if oBummer gets his race war the hommies will burn down the hood and the White man has for three years been stocking up on guns and ammo.
that 6% is gonna look white than Michael Jackson
Posted by: ConcealedKerry or SubMitt at April 30, 2012 12:54 PM (vXqv3)
Old Mehico is doing comparatively well against the New World.
Posted by: Soona at April 30, 2012 04:53 PM (AZdM4)
only if you don't drive at night, and stay in Expat Enclaves.
Posted by: SantaRosaStan, 100% white meat / pork at April 30, 2012 12:55 PM (Dll6b)
Pfft.
A couple of savvy taxpayer investments in exciting new energy technologies and you can strap the fuck in, amigos. Because this economy is a juggernaut of a rocketship sitting on top of a powderkeg-powered rollercoaster, getting ready to blast off for Planet Kickass in the Pimptauran Nebula.
You make the investment, you get the green. That's why they're called GREEN jobs, peop-
***What?***
Oh. Never mind. You will all die cold and alone in the darkness.
Posted by: Empire of Jeff at April 30, 2012 12:55 PM (8FQ6f)
Posted by: mpfs at April 30, 2012 12:55 PM (iYbLN)
Meh. It's hard to tell, with Mexico, for many of the same reasons its hard to tell with China, actually. Also, Graft and Patronage are growth industries in Mexico.
Posted by: AllenG (Dedicated Tenther) SMOD 2012 at April 30, 2012 12:55 PM (8y9MW)
Posted by: CAC at April 30, 2012 04:52 PM (V8AsJ)
Even just getting them to spend money shoring up the base is a victory. If 9 percent of African Americans stay home on Election Day, that's just gravy.
Posted by: joncelli, heartless Con and all around unpleasant guy at April 30, 2012 12:55 PM (RD7QR)
Posted by: nickless at April 30, 2012 12:56 PM (MMC8r)
To put it in a little perspective... my spouse works with people who truly believe that businesses are intentionally trashing the economy, just to make the President look bad... so, to them, economic forecasts like this just reinforces their opinion.
Posted by: Dilligas at April 30, 2012 12:57 PM (/Odq7)
Posted by: t-bird at April 30, 2012 12:57 PM (FcR7P)
That's what Cabo has become, lots of Americans and Canadians. Highway 1 is pretty safe too between San Jose Del Cabo and Cabo San Lucas. The place has really built up. Beautiful and money is pouring in.
Posted by: mpfs at April 30, 2012 12:57 PM (iYbLN)
Posted by: AllenG (Dedicated Tenther) SMOD 2012 at April 30, 2012 12:57 PM (8y9MW)
Oh yeah.....May Day. ....Which is like, Marxism Day. ...Yay.
For the OWSers, this is supposed to be some sort of Spring Training day. ....Training for all the crap-weasel events they've got planned for the rest of the year?
I wonder what they learned from their 'protests' last year? ...."Look both ways before you take a dump on a cop car"...?
Posted by: wheatie at April 30, 2012 12:57 PM (cB+Hn)
Posted by: CAC at April 30, 2012 12:58 PM (V8AsJ)
Posted by: joeindc44 says hide your dogs, SCOMDEF's in town at April 30, 2012 12:58 PM (QxSug)
Posted by: MJ at April 30, 2012 12:59 PM (/x4oj)
It's wishful thinking to assume the election will depend on the actual state of the economy...Romneyesque wishful thinking. It pre-supposes free and fair elections, as one of dozens of assumptions. It also assumes that the official government data is truthful.
It also assumes the the factors that controlled elections in the pre-marxist country will continue to do so in 2012.
Did Lenin and Stalin allow economic events to interfere with their plans? To say it is to laugh.
Posted by: proreason at April 30, 2012 01:01 PM (gbQEv)
Obama is toast in November.
Posted by: mpfs at April 30, 2012 01:02 PM (iYbLN)
I do enjoy destroying liberals minds with defining sustainability.
They use these words and have no idea what they mean.
Posted by: rev dr e buzz at April 30, 2012 01:03 PM (tcSZb)
Posted by: t-bird at April 30, 2012 01:03 PM (FcR7P)
Obama is a fucking asshole
Posted by: X at April 30, 2012 05:02 PM (KHo8t)
It deserves repeating.
Also "Obama is a Stuttering ClusterF*ck of A Miserable Failure."
Posted by: tsrblke at April 30, 2012 01:03 PM (22rSN)
120...The hardest core support for Obama is fracturing without anybody noticing. It explains the Trayvon Martin fluff, it explains the Voter ID fight, and the 'AAs for Obama' drive his campaign is actually spending money on.
If the most loyal bloc is chipping...
Posted by: CAC at April 30, 2012 04:52 PM (V8AsJ)
Oh, I think they are noticing, CAC. ...That's why they are flailing around, doing the things that they are doing. ...Anything to change the subject away from how bad the economy is really doing...and what an Unmitigated Disaster this president is.
As they get more desperate, I expect them to start manufacturing 'news events' that support their narrative...even worse than they have done already.
Posted by: wheatie at April 30, 2012 01:04 PM (cB+Hn)
He is a stuttering clusterfuck, but inexperienced. His pattern indicates two dimensional thinking.
Posted by: Empire of Jeff at April 30, 2012 01:04 PM (8FQ6f)
Posted by: t-bird at April 30, 2012 01:06 PM (FcR7P)
Posted by: ConcealedKerry or SubMitt at April 30, 2012 01:06 PM (vXqv3)
Posted by: AmishDude
-------------------
He's got nothing to lose except the failed states themselves. And they, by definition, are already deep blue.
Posted by: the new, improved arhooley -- now with 10% more cynicism! at April 30, 2012 01:09 PM (lt7iY)
Posted by: the new, improved arhooley -- now with 10% more cynicism! at April 30, 2012 01:11 PM (lt7iY)
And who's the patriot here?
Posted by: gRunginess
----------------
I'm not celebrating the decline ONE DAMN BIT, idiot. Go to Daily Kos where they're lovin' on storming private property and confiscating wealth. Have a listen to Jon Lovitz, who is discovering that liberals don't like prosperity.
Posted by: the new, improved arhooley -- now with 10% more cynicism! at April 30, 2012 01:13 PM (lt7iY)
Posted by: Underground Vulgarian at April 30, 2012 01:14 PM (Aaxiu)
Posted by: The Political Hat at April 30, 2012 01:14 PM (DoaFB)
Posted by: steevy at April 30, 2012 01:51 PM (7W3wI)
Posted by: Luke Duke at April 30, 2012 02:07 PM (bGmly)
If Republicans are tired of the baby marxist scent marking on our collective heads then we will win. We need an historic turn-out but it can be done...Are you tired of this bastard cocking his leg and pissing on this country and the people who give everything they have to make it for their families while this turd spends trillions like he changes shirts?
Posted by: Don't hate the player at April 30, 2012 06:04 PM (1GlXg)
Posted by: Mirror-Universe Mitt Romney at April 30, 2012 06:36 PM (wCdEq)
GDP: the three quarters leading up to Reagan's reelection
1st: 7.4
2nd: 5.0
3rd: 2.3
Where did you get those numbers? According to TradingEconomics.com, the real GDP growth rate increases for all four quarters of 1984 are:
1st: 8.0%
2nd: 7.1%
3rd: 3.9%
4th: 3.3%
Let's also not forget the real GDP growth rate increases for all four quarters of 1983:
1st: 5.1%
2nd: 9.3%
3rd: 8.1%
4th: 8.5%
As a comparison, the real GDP numbers under Obama have never grown more than 3.9% in a quarter, with the growth rate being 2.5% or lower in six of the past seven quarters.
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Posted by: EC at April 30, 2012 12:23 PM (GQ8sn)