DOW hit 14k Today

Discussion in 'Free Speech Alley' started by LSUMASTERMIND, Feb 1, 2013.

  1. LSUpride123

    LSUpride123 PureBlood

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    How can you see anything past the mountains of debt? o_O


    Anyway, a slowing GDP is not bright. Its dark, shitty and smells like grandmas house.
     
  2. LSUMASTERMIND

    LSUMASTERMIND Founding Member

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    conservatives make me laugh, blame the economy on the prez because spending is out of control.
    cut spending, hurts GDP, still blame the prez.
     
  3. LSUpride123

    LSUpride123 PureBlood

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    I blamed nothing.

    GDP has been weak for a while.

    Both parties are to blame.
     
  4. LSUMASTERMIND

    LSUMASTERMIND Founding Member

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    wasnt talking about you.
     
  5. LSUpride123

    LSUpride123 PureBlood

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    Well, you said conservatives.:D
     
  6. LSUMASTERMIND

    LSUMASTERMIND Founding Member

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    yea but you know i wasnt directing that at you man.
     
  7. LSUpride123

    LSUpride123 PureBlood

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    [​IMG]
     
  8. Tiger in NC

    Tiger in NC There's a sucker born everyday...

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    GDP fell in the fourth quarter because of a weakened consumer confidence on durable goods during the election....happens that way every election year. It was hard to tell in 2008 because the economy sucked before election season every happened, but there was a notable drop off in the fourth quarter of last year leading up to the election, especially the month of October, and weaker than expected seasonal sales figures that, IMO, were caused by fears of the fiscal cliff.

    Make no mistake about it, the economic news was sunny today and the unemployment ticking up by a tenth of a percent signals that more people are out looking for jobs because they see the market healing. This narrative that Obama is a wild spender is about to spiral downward as people begin to "feel" it more and more.

    I will go back to what I said last week that we are closer to closing our budget deficits than anyone can imagine right now.
     
  9. gyver

    gyver Rely on yourself not on others.

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  10. red55

    red55 curmudgeon Staff Member

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    Because I am a man of vision. You listen to too much FOX news. The debt is not our biggest problem, nor our only problem. The debt is manageable and plans are in place to pay it down. Republicans just have nothing else to bitch about now the the stock market is up, employment is up, GDP is up, overseas trade is up.

    So they attempt to ignore everything except the debt that they helped create.
     
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