Getbig.com: American Bodybuilding, Fitness and Figure

Getbig Main Boards => Politics and Political Issues Board => Topic started by: blacken700 on October 26, 2012, 07:39:59 AM

Title: GDP growth exceeds expectations, +2.0%
Post by: blacken700 on October 26, 2012, 07:39:59 AM

For third quarter.

This is a good number for Obama!

Economists predicted +1.8%.

Title: Re: GDP growth exceeds expectations, +2.0%
Post by: flipper5470 on October 26, 2012, 07:44:28 AM

It's a shit number....and it causes me to yet again question the latest jobs report.  2.0% GDP expansion (driven largely by government expenditures) is not nearly large enough to support a legit drop in UE from over 8% to 7.8%.

So far as Obama goes...George H Bush had an economy growing at a 4% clip in 1992 and he got voted out.

Title: Re: GDP growth exceeds expectations, +2.0%
Post by: Kazan on October 26, 2012, 07:46:08 AM

If our expectations are so low that .2% increase is to be celecbrated we are fucked

Title: Re: GDP growth exceeds expectations, +2.0%
Post by: Necrosis on October 26, 2012, 07:47:56 AM

Quote from: Kazan on October 26, 2012, 07:46:08 AM

If our expectations are so low that .2% increase is to be celecbrated we are fucked

you are coming out the biggest recession since the great depression, honestly dude, I don't think have tempered views is a problem.

Title: Re: GDP growth exceeds expectations, +2.0%
Post by: Kazan on October 26, 2012, 07:49:54 AM

Quote from: Necrosis on October 26, 2012, 07:47:56 AM

you are coming out the biggest recession since the great depression, honestly dude, I don't think have tempered views is a problem.

Well until the number gets revised down to the surprise of everyone