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nanabugg (780 posts) "Economy GREW less than expected" is being reported as bad and negative news for Obama???WTF???The media reports all and any slight positive news for the administration as really BAD, BAD news for the country. Does anyone understand the operative word here is "grew"? Plus do people understand compound growth. It's like EXXON reporting that they suffered losses when their profits were only 30% of last year's profit when last year's profit was at record levels and a 400% increase over the previous year.
HubertHeaver (571 posts) 1. Translation: The economy didn't do as bad as we had hoped.With all the obstructions, is still grew, damnit.
Initech (32,211 posts) 3. Considering our media is controlled by Obama hating billionaires who were out to destroy him day one...It doesn't surprise me in the least that they are blaming everything they can on him - despite that former president Larry The Cable Guy and his disastrous policies put us in this shit to begin with.
sendero (23,724 posts) 6. When are you cheerleaders going to recognize..... that the "growth" we've had the last 3 years is SO INFINITESIMALLY SMALL that at this rate it would take 20 years to complete a "recovery"? Seriously, our "growth" is so low it is practically a rounding error away from not being growth. There IS no RECOVERY, the crappy economy DOES work against Obama and not everything you read in the media is wrong.
sendero (23,724 posts)6. When are you cheerleaders going to recognize..... that the "growth" we've had the last 3 years is SO INFINITESIMALLY SMALL that at this rate it would take 20 years to complete a "recovery"?Seriously, our "growth" is so low it is practically a rounding error away from not being growth.There IS no RECOVERY, the crappy economy DOES work against Obama and not everything you read in the media is wrong.
At what point are they going to realize that the anemic growth we're experiencing is, for all intents and purposes, NEGATIVE, when you add in the increase in population, etc?
Not to mention inflation, and real wages.
nanabuggPlus do people understand compound growth. It's like EXXON reporting that they suffered losses when their profits were only 30% of last year's profit when last year's profit was at record levels and a 400% increase over the previous year.
73,000 jobs created, 600,00 rejoined the workforce. Not good for owebuma.