GDP in US shrank by 0.7 percent in 1st quarter of 2015

[All Along The Watchtower]

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Article.

[Lief 🗽]

Congratulations President Scott Walker!

[Beet]

The dollar is too strong. The Fed should not have halted QE in October 2014. Europe and Japan are depreciating like crazy. American exporters are getting killed. Restart QE.

[King]

GDP formula for Q1 is obviously wrong. We've been shrinking in this quarter for years now.

[Ban my account ffs!]

Harsh winter weather ended long ago when global warming took over.  How could it affect the economy?

Oh, I know...warm air moisture something something extreme weather global warming means colder and snowier too you stupid science denier.......

[Tender Branson]

No, it did not.

The BEA just uses the crappy, misleading "annualized" method that only the US uses.

All other countries on the planet use Q/Q and Y/Y growth:

GDP is up 2.7% compared with Q1, 2014.

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http://www.bea.gov/newsreleases/national/gdp/2015/txt/gdp1q15_2nd.txt

[t_host1]

 Re: GDP in US shrank by 0.7 percent in 1st quarter of 2015 from what?

 GDP=Q/YR, the sum total of all valuable things tangible, tradable and at what velocity, correct?

[Ban my account ffs!]

 Re: GDP in US shrank by 0.7 percent in 1st quarter of 2015 from what?

 GDP=Q/YR, the sum total of all valuable things tangible, tradable and at what velocity, correct?

The US shrank 00.7 from tubalcain.exe due to storms headed in a northeasterly direction that whitened Harvard Yard.

[AggregateDemand]

The dollar is too strong. The Fed should not have halted QE in October 2014. Europe and Japan are depreciating like crazy. American exporters are getting killed. Restart QE.

Rather than sprinting towards insolvency and intractable financing charges, why don't we cut the WFA and avarice from SS and MED, then reform Welfare to create something more useful for American laborers and American employers? How does a weak dollar help companies that deal primarily in domestic consumption?

You should also understand that whatever T-bills the US issues will be purchased in sufficient quantities by China and Japan to maintain favorable currency exchange for their exporters. Were you sleeping during Bush' first term?

[t_host1]

 Re: GDP in US shrank by 0.7 percent in 1st quarter of 2015 from what?

 GDP=Q/YR, the sum total of all valuable things tangible, tradable and at what velocity, correct?

The US shrank 00.7 from tubalcain.exe due to storms headed in a northeasterly direction that whitened Harvard Yard.

..Oh, then this is good news, environmentally speaking.

[Ban my account ffs!]

 Re: GDP in US shrank by 0.7 percent in 1st quarter of 2015 from what?

 GDP=Q/YR, the sum total of all valuable things tangible, tradable and at what velocity, correct?

The US shrank 00.7 from tubalcain.exe due to storms headed in a northeasterly direction that whitened Harvard Yard.

..Oh, then this is good news, environmentally speaking.

Environmentally speaking, yes...but the psychological distress should not be discounted.  Now they are experiencing a tick outbreak.  I suppose the ticks appreciate the irony of a brutal winter in an age of global warming and thus need more blood.

[t_host1]

 Re: GDP in US shrank by 0.7 percent in 1st quarter of 2015 from what?

 GDP=Q/YR, the sum total of all valuable things tangible, tradable and at what velocity, correct?

The US shrank 00.7 from tubalcain.exe due to storms headed in a northeasterly direction that whitened Harvard Yard.

..Oh, then this is good news, environmentally speaking.

Environmentally speaking, yes...but the psychological distress should not be discounted.  Now they are experiencing a tick outbreak.  I suppose the ticks appreciate the irony of a brutal winter in an age of global warming and thus need more blood.

...…damn, you mean they survived! I suppose it is likely since the brutal winter – climate change was a mild event in these parts. So, Monsanto, Bayer and other poison makers should be a buy, gross domestic producing speaking? 

[Ban my account ffs!]

Indeed.  Lymes disease is no fun...but it is profitable for the right people.