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Old January 30th, 2015, 07:21 PM   #1
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Economy grew 2.6% in the fourth quarter

There you go the economy is slow again. Obama has no clue or does not want to see a good economy

Economy grew 2.6% in the fourth quarter

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The economy grew more slowly than expected in the fourth quarter as government spending fell sharply and business investment pulled back.

Gross domestic product expanded at a seasonally adjusted annual rate of 2.6% in the three months ended Dec. 31, slowing sharply from a robust 5% pace in the third quarter, the Commerce Department said Friday. Economists expected 3.1% growth.

For all of 2014, the economy grew 2.4%, up from 2.2% in 2013, after harsh winter weather early in the year caused the economy to shrink in the first quarter.
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Old January 30th, 2015, 07:34 PM   #2
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The sequester is working to slow growth....
Not slow enough to get Republican elected president, but still, pretty slow, and it's taken trillions off the US potential GDP for the next century.....
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Old January 30th, 2015, 08:51 PM   #3
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The sequester is working to slow growth....
Not slow enough to get Republican elected president, but still, pretty slow, and it's taken trillions off the US potential GDP for the next century.....
You can't slow what is stagnant
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Old January 31st, 2015, 04:24 AM   #4
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The sequester is working to slow growth....
Not slow enough to get Republican elected president, but still, pretty slow, and it's taken trillions off the US potential GDP for the next century.....
Once again we have an Obama apologist making up excuses. The sequester was Obama's idea, not that it has effectively curbed spending.

Federal spending was the highest ever last year, 20%+ over GWB levels.

Even with the boost from low energy prices the Obamaconomy missed economists and CBO growth predictions by over 20%.

Interest rates are near zero, $12 trillion in stimulus over the past 6 years and this is what we get? A pitiful 2.4% growth rate for the year.
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Old January 31st, 2015, 05:09 AM   #5
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Once again we have an Obama apologist making up excuses. The sequester was Obama's idea, not that it has effectively curbed spending.

Federal spending was the highest ever last year, 20%+ over GWB levels.

Even with the boost from low energy prices the Obamaconomy missed economists and CBO growth predictions by over 20%.

Interest rates are near zero, $12 trillion in stimulus over the past 6 years and this is what we get? A pitiful 2.4% growth rate for the year.
Call it the success of GOP obstructionism, they were able to block a great deal of spending, and growth, and do some damage to the economy, permanent damage that the economy will never recover from.

The amazing thing about Obama, is the success in getting what growth did happen, despite the efforts of the GOP to plunge the economy into recession to boost their electoral chances.....
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Old January 31st, 2015, 05:25 AM   #6
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There you go the economy is slow again. Obama has no clue or does not want to see a good economy

Economy grew 2.6% in the fourth quarter
You realize that 2.6% is the average growth under Republican Presidents over the last 80 years?

Growth under Democratic Presidents averages 1.5% higher, so I guess you are saying that growth under the average Republican president is .......what did you call it?
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Old January 31st, 2015, 07:59 AM   #7
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Call it the success of GOP obstructionism, they were able to block a great deal of spending, and growth, and do some damage to the economy, permanent damage that the economy will never recover from.

The amazing thing about Obama, is the success in getting what growth did happen, despite the efforts of the GOP to plunge the economy into recession to boost their electoral chances.....
It is Reid and Obama that blocked the GOP. You need to realize democrats had control. Watch now as obstructionist Obama vetoes everything the GOp tries to do to fix the countries problems
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Old January 31st, 2015, 08:02 AM   #8
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You realize that 2.6% is the average growth under Republican Presidents over the last 80 years?

Growth under Democratic Presidents averages 1.5% higher, so I guess you are saying that growth under the average Republican president is .......what did you call it?
This the slowest economic recovery since the great depression. third quarter it was 5% now half that. Over the year of 2014 it only increased two tenths of a percent from 2013. the economy is stagnant under Obama policies

Last edited by ptif219; January 31st, 2015 at 04:48 PM.
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Old January 31st, 2015, 08:35 AM   #9
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You realize that 2.6% is the average growth under Republican Presidents over the last 80 years?

Growth under Democratic Presidents averages 1.5% higher, so I guess you are saying that growth under the average Republican president is .......what did you call it?
Real GDP has increased 11% since Obama took office, at the same point in GWB's tenure it had risen by 16%. Same point in Reagan's term it had risen by 22%.

Obama has the worst economic record of any president in modern history, Democrat or Republican. Even with an unprecedented $12 trillion in stimulus spending.
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Old January 31st, 2015, 09:36 AM   #10
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Real GDP has increased 11% since Obama took office, at the same point in GWB's tenure it had risen by 16%. Same point in Reagan's term it had risen by 22%.

Obama has the worst economic record of any president in modern history, Democrat or Republican. Even with an unprecedented $12 trillion in stimulus spending.
Bush left office with fewer private sector jobs than the day he took office.
Did you know that?
At this point in Bush's Administration, the economy began the biggest decline since the Great Depression, right after the GOP controlled the House, the Senate and the White House, coincidentally, the last time the GOP controlled the House, the White House and the Senate before that, was the beginning of the Great Depression. The two worst economic disasters in modern US history, both happened right after the GOP had implemented GOP Conservative policies....

Does that tell you something?
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