US economy grows by 4% in Q2

[Tender Branson]

Preliminary and annualized of course.

The decline in Q1 was changed from -2.9% to -2.1%

[Person Man]

Wasn't H2 '13 revised to +4%?

[King]

DOUBLE DIP RECESSION

[Clarko95 📚💰📈]

DOUBLE DIP RECESSION

I wonder if AggregateDemand could get us the numbers for the government's deficit in Q2, so he can show us the real depression caused by Obama's welfare handouts and Social Security

[Tender Branson]

Growth in the first half of 2014 was 2.2% relative to the first half of 2013.

If the 2nd half is strong as well, there could be 2.5% growth for the year 2014.

That would be more than Germany's projected 2%, but below the UK's 3%.

[Tender Branson]

I just noticed that the Q3 growth numbers will be released on Oct. 30, the Thursday before the November elections.

If the 3rd quarter turns out to be another strong one (or stronger), this might help Democrats in the final days, because of favorable news coverage.

[Lief 🗽]

Thank you Obama!

[Flake]

Much better than I had expected.

[Oakvale]

Yeah but harsh winters don't cause artificially bleak GDP figures, wake up sheeple.

[AggregateDemand]

I wonder if AggregateDemand could get us the numbers for the government's deficit in Q2, so he can show us the real depression caused by Obama's welfare handouts and Social Security

Stay in school, child. You still have so much to learn about economics and reading comprehension.

[AggregateDemand]

If the GDP figures stand, it will lend credence to the winter theory. We need this kind of growth every quarter, if we are going to claw our way out of this mess. Nothing costs more than lack of economic productivity.

[t_host1]

If the GDP figures stand, it will lend credence to the winter theory. We need this kind of growth every quarter, if we are going to claw our way out of this mess. Nothing costs more than lack of economic productivity.

 So too complete the circle; who is the “we” doing the “clawing” out of what mess or who’s “mess”?

? FED – Their giveaway to banking and loyalist has destroyed the economics’ of value.

? Obama - the greatest expansion of non-producing humans.


A note afoot - at present, product packaging is very slow.