GDP figures
2 posts
• Page 1 of 1
GDP figures
by rsk1963 » Wed Jan 30, 2013 7:05 pm
4th quarter numbers came in WAY under estimation. Is there serious cause for concern? Was this just a "hiccup" due to sandy military cuts etc? Thought & opinions appricated
those that sacrifice liberty for security deserve neither
the bee...gathers it's materials from the flowers of the garden and of the field, but transforms and digests it by a power of it's own.
the bee...gathers it's materials from the flowers of the garden and of the field, but transforms and digests it by a power of it's own.
- rsk1963
- Post Hoarder
- Posts: 2173
- Joined: Tue May 03, 2011 12:45 pm
Re: GDP figures
by 68Camaro » Wed Jan 30, 2013 10:05 pm
We're 6 years into what will prove to be a multi-decade depression that is temporarily and artificially mitigated to a nominal recession by 6 trillion and counting in government financed spending. If you correct the GDP for true inflation we've been shrinking for almost all of those 6 years. It's the new norm.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
-
68Camaro - Too Busy Posting to Hoard Anything Else
- Posts: 8374
- Joined: Thu Dec 30, 2010 6:12 am
- Location: Disney World
2 posts
• Page 1 of 1
Return to Economic & Business News, Reports, and Predictions
Who is online
Users browsing this forum: No registered users and 47 guests