Record GDP Growth! Thanks, Obama.

[The Rabbi]

Yeah, record slow. GDP grew in the last quarter all of .5%. THat is virtually no growth at all. This economy has never grown more than 3% in any year since Obama took office. The results are stagnation and loss of hope, fueling the anger a tthe establishment both on the Left and Right.
Democratic policies deliver 100% failure, every time.
U.S. economy stalls in first quarter as activity weakens broadly

Abd the point of this graph, which you don't understand, is what?

our GDP is in line with the rest of the world, and currently out peforming the rest of the world ... that, and you're an idiot.

Wow..... Who would have thunk....
Someone proud of .5 % growth.
Well I guess on some level this makes sense...

It makes sense because you're dealing with an ignorant fool. All he knows is "Obama--Good!"

 

[Siete]

Yeah, record slow. GDP grew in the last quarter all of .5%. THat is virtually no growth at all. This economy has never grown more than 3% in any year since Obama took office. The results are stagnation and loss of hope, fueling the anger a tthe establishment both on the Left and Right.
Democratic policies deliver 100% failure, every time.
U.S. economy stalls in first quarter as activity weakens broadly

Abd the point of this graph, which you don't understand, is what?

our GDP is in line with the rest of the world, and currently out peforming the rest of the world ... that, and you're an idiot.

OK, "the rest of the world" is not defined by Britain and the Eurozone.
How we compare is irrelevant. The right comparison is to historical US rates of growth. And by that measure we're woefully underperfoming.
And please don't call anyone else an idiot. That's like you claiming them for your smarter brother.

 

[The Rabbi]

Yeah, record slow. GDP grew in the last quarter all of .5%. THat is virtually no growth at all. This economy has never grown more than 3% in any year since Obama took office. The results are stagnation and loss of hope, fueling the anger a tthe establishment both on the Left and Right.
Democratic policies deliver 100% failure, every time.
U.S. economy stalls in first quarter as activity weakens broadly

Abd the point of this graph, which you don't understand, is what?

our GDP is in line with the rest of the world, and currently out peforming the rest of the world ... that, and you're an idiot.

OK, "the rest of the world" is not defined by Britain and the Eurozone.
How we compare is irrelevant. The right comparison is to historical US rates of growth. And by that measure we're woefully underperfoming.
And please don't call anyone else an idiot. That's like you claiming them for your smarter brother.

Thank you for demonstrating both that you cannot read an entire paragraph and understand it AND that you have no idea how to interpret a graph.
You are possessed of a weapons-grade stupidity seldom seen outside of government bureaucracy.

 

[sealybobo]

Should be at least 5 to 6 percent heading into summer. This is worse than horrible.

It should have been 5-6% around 2010 as the recession ended. That is the historical experience as demand leaps to make up for lost time. Not this time.
What we have is regime uncertainty, where no one knows which industry Obama will go after next: mortgages, oil, internet,etc. Everyone sits back and waits to see what will happen.

What should growth be now?

The New York Federal Reserve's GDP growth forecasting model was downgraded on Friday to 1.3% for the fourth quarter, compared with an earlier forecast of 1.8%.