The Conservative Cave

Current Events => Economics => Topic started by: obumazombie on March 21, 2015, 06:18:39 AM

Title: It's Got To Be A Record Of Some Sort The Number Of Times...
Post by: obumazombie on March 21, 2015, 06:18:39 AM

GDP has been revised downward with this president...

On Wednesday, the Fed also downgraded its quarterly economic forecasts. It cut its estimate of growth this year to a range of 2.3 percent to 2.7 percent, from an estimate of 2.6 percent to 3 percent in its previous forecast in December. It was an acknowledgement that some key indicators have been weaker than expected in recent months. - See more at: http://newsbusters.org/blogs/tom-blumer/2015/03/20/not-news-11-years-projected-economic-mediocrity#sthash.duLyf2RK.dpuf

Full article...

http://newsbusters.org/blogs/tom-blumer/2015/03/20/not-news-11-years-projected-economic-mediocrity (http://newsbusters.org/blogs/tom-blumer/2015/03/20/not-news-11-years-projected-economic-mediocrity)


Anemic growth like owebuma's is putting all American's finances in reverse.

Title: Re: It's Got To Be A Record Of Some Sort The Number Of Times...
Post by: Big Dog on March 21, 2015, 10:41:31 AM

Obama is using 1984 as an instruction manual.

Title: Re: It's Got To Be A Record Of Some Sort The Number Of Times...
Post by: obumazombie on April 01, 2015, 10:44:02 AM

Qi growth estimates are dismal at best...

Quote

Stephen Stanley of Amherst Pierpont Securities forecasts zero growth for the first quarter. "This is turning into a recurrence of last year's nightmare first quarter, when weather drove the GDP figure deep into negative territory," he writes in a report obtained by CNBC.

The economy shrank 2.1 percent in the first quarter of last year before rebounding to post an expansion of 2.4 percent for the year as a whole.

Stanley and others anticipate a rebound this year too. The median second-quarter projection is for growth of 3.5 percent, according to CNBC Rapid Update.

You can add Morningtar's Robert Johnson and Roland Czerniawski to the list of those a bit skeptical of the economy's strength.

Read Latest Breaking News from Newsmax.com http://www.newsmax.com/Finance/StreetTalk/Q1-growth-1-4GDP/2015/03/31/id/635582/#ixzz3W45d1oD4
Urgent: Rate Obama on His Job Performance. Vote Here Now!

At 1.4% growth rate, inflation will eat our lunch and have us moonwalking right back to the Carter economy.

Full article...

http://www.newsmax.com/Finance/StreetTalk/Q1-growth-1-4GDP/2015/03/31/id/635582/ (http://www.newsmax.com/Finance/StreetTalk/Q1-growth-1-4GDP/2015/03/31/id/635582/)


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