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01-30-2013, 10:54am | #1 | |||||||
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GDP CONTRACTS in Fourth Quarter. Double-Dip, Here We Come :(
-0.1%
Breaking. If the Thanksgiving-Christmas Shopping Season couldn't spare us from contraction, it's incredibly unlikely that we'll see expansion in Q1 2013, short of massive government manipulation i.e. more "Stimulus" spending to prop up GDP by propping up the government spending portion. This is what 4 years of Obamanomics and the Obama "Recovery" have wrought. We are so screwed it's not funny. GDP Contracts 0.1% in Q4 2012 Quote:
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01-30-2013, 12:13pm | #2 | ||||||
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Will,
Will you please provide some more detailed explanation of what we are seeing in the first graph? |
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01-30-2013, 12:24pm | #3 | |||||||
Barn Stall Owner #15
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Quote:
Q0 represents the last quarter of contraction of a recession, and Q1-16 represent the first 16 quarters of expansion. Q0 for Obama is Q2 of 2009. Q0 for Reagan is Q3 of 1982. Q16 for Obama is Q4 of 2012 which was just released, Q16 for Reagan is Q1 of 1986. |
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01-30-2013, 12:30pm | #4 | ||||||
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Yikes.
Hey... look over there at those evil black guns!! |
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01-30-2013, 3:21pm | #5 | |||||||
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Surprise, the WH is already blaiming the Republicans.
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01-30-2013, 3:31pm | #6 | ||||||
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01-30-2013, 6:28pm | #7 | |||||||
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01-30-2013, 8:12pm | #8 | ||||||
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