News Of The Times/;Trump Bends Reality To Will

Dec 2012
21,056
8,582
California
Quarterly GDP announced today. Up from 1.2 to 1.4. Oh happy day. Yes sir, Obimbo has dutifully fulfilled his job. Depleted military, crumbling infrastructure, widening racial problems, $20-Trillion in debt, massive unemployment, record number of people on welfare and food stamp. And lets not forget how secure our borders are.
I had no idea you could accomplish so much from the golf course!
 
Dec 2014
27,989
15,523
Memphis, Tn.
Quarterly GDP announced today. Up from 1.2 to 1.4. Oh happy day. Yes sir, Obimbo has dutifully fulfilled his job. Depleted military, crumbling infrastructure, widening racial problems, $20-Trillion in debt, massive unemployment, record number of people on welfare and food stamp. And lets not forget how secure our borders are.
I had no idea you could accomplish so much from the golf course!
LOL...only a RW would be pissed that the GDP is increasing!!!
You boys keep forgetting...it's "UP from +1.2 to +1.4."
You would think that even you boys would know the significance of - and +.
And that is per quarter, BTW. :lol::lol::lol:...B)
 
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imaginethat

Forum Staff
Oct 2010
69,196
29,008
Colorado
Quarterly GDP announced today. Up from 1.2 to 1.4. Oh happy day. Yes sir, Obimbo has dutifully fulfilled his job. Depleted military, crumbling infrastructure, widening racial problems, $20-Trillion in debt, massive unemployment, record number of people on welfare and food stamp. And lets not forget how secure our borders are.
I had no idea you could accomplish so much from the golf course!
Well, call it a good day. You learned something new.
 

imaginethat

Forum Staff
Oct 2010
69,196
29,008
Colorado
LOL...only a RW would be pissed that the GDP is increasing!!!
You boys keep forgetting...it's "UP from +1.2 to +1.4."
You would think that even you boys would know the significance of - and +.
And that is per quarter, BTW. :lol::lol::lol:...B)
Shhhhhhhhh, their heads might explode if they realized a 1.4 percent quarterly increase translates to a 5.6 percent annual increase.

Watching the GOP 2016 is like watching an injured animal, with self-inflicted wounds, die a twitching death.
 
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Dec 2014
27,989
15,523
Memphis, Tn.
Shhhhhhhhh, their heads might explode if they realized a 1.4 percent quarterly increase translates to a 5.6 percent annual increase.

Watching the GOP 2016 is like watching an injured animal, with self-inflicted wounds, die a twitching death.
The low opinion these people must have of their fellow Americans.
They HOPE that the average American is too dumb to see through this sort of thing?
It's not as if we don't know that the GDP figures can't be positive or negative or that these are quarterly and not annual figures.
It's positively insulting.
 
Jun 2012
41,958
15,181
Barsoom
Shhhhhhhhh, their heads might explode if they realized a 1.4 percent quarterly increase translates to a 5.6 percent annual increase.

Watching the GOP 2016 is like watching an injured animal, with self-inflicted wounds, die a twitching death.
That is not how annual GDP growth is calculated. If the rate is 1.4% per quarter, the annual rate is 1.4%.
 
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Dec 2014
27,989
15,523
Memphis, Tn.
That is not how annual GDP growth is calculated. If the rate is 1.4% per quarter, the annual rate is 1.4%.
Really now?
You SUUUURE about that?
Who said anything about "1.4% per quarter?"
The article said the rate INCREASED from +1.2% the previous quarter to +1.4% the most recently reported qtr.
And of course the 4th qtr could be a + or a -.

B)
 
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Jun 2012
41,958
15,181
Barsoom
There was nothing about an increase from the previous quarter. That is not how the GDP growth rate is calculated. GDP growth rate per quarter is the annualized rate of growth compared to the previous year. The previous quarter is never used.
 
Sep 2015
14,304
5,088
Brown Township, Ohio
Really now?
You SUUUURE about that?
Who said anything about "1.4% per quarter?"
The article said the rate INCREASED from +1.2% the previous quarter to +1.4% the most recently reported qtr.
And of course the 4th qtr could be a + or a -.

B)
You are 100% correct. I only hope that inflation does not rear its ugly head again. I remember the WIN days, Whip Inflation Now.
 
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