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Title: -- The "Recovery" is Over; 2nd Quarter GDP growth slides
Source:
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URL Source: http://bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm
Published: Jul 30, 2010
Author: BEA
Post Date: 2010-07-30 08:34:45 by no gnu taxes
Keywords: None
Views: 3183
Comments: 12
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 2.4 percent in the second quarter of 2010, (that is, from the first quarter to the second quarter), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.7 percent.
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#1. To: no gnu taxes (#0)
Huh?
INCREASED
It's supposed to be a recovery, remember? In recoveries, the rate of growth doesn't slow down. At this point in the 83 recovery, GDP growth was 8-9%.
Markets defy gravity. The NOGC can Collapse and the Straits of Hormuz can be blocked and the Markets will go up.
At a decreasing rate numb-nuts.
Being a Democratic shill means you check your humanity at the door.
At least until Election day . . .
------------------------------------------------------------------------------- Meet the new elephant boss The last gasp of a dying Republic is a "living, breathing Constitution."
it's still INCREASING A recession is defined as NEGATIVE GDP for 2 or more quarters.
At this point in the 83 recovery, GDP growth was 8-9%. So? The next quarter it was 6.5%.
Not that you are lying or anything. But do you have a link to back that up? Just to make sure your not pulling a war on us.
Glad you asked - here it is
Thanks mom.
A recession is defined as NEGATIVE GDP for 2 or more quarters. That is what differentiates us. You see a recovery with no jobs as a recovery, I see it as bullshit where only Wall Street fat-cat Democratic supporters make out like thieves. You could care less about the little guy. As long as your corrupt bankers and Goldman Sachs fuckers are doing okay you're happy as a pig-in-shit.
Being a Democratic shill means you check your humanity at the door.
#2. To: no gnu taxes (#0)
increased at an annual rate of 2.4 percent
Being a Republicans means you get to choose your own reality
#3. To: go65 (#2)
#4. To: no gnu taxes (#0)
The "Recovery" is Over; 2nd Quarter GDP growth slides
#5. To: go65 (#2)
INCREASED
#6. To: mcgowanjm (#4)
The NOGC can Collapse and the Straits of Hormuz can be blocked and the Markets will go up.
Same as the old jackass boss
#7. To: Nebuchadnezzar (#5)
At a decreasing rate numb-nuts.
Being a Republicans means you get to choose your own reality
#8. To: no gnu taxes (#3)
In recoveries, the rate of growth doesn't slow down.
#9. To: lucysmom (#8)
#10. To: A K A Stone (#9)
Not that you are lying or anything. But do you have a link to back that up?
#11. To: lucysmom (#10)
#12. To: go65 (#7)
it's still INCREASING
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