thats about right. i dont pretend to know the cause of this, but the further into the O tenure the more credit/blame he should get. this may be an anomaly and the 4thQ will be down 5%, but this is evidence that the stimulus is working. it doesnt prove that the stimulus is working,however, so i suspect that those that dont like O will give this little weight or will credit it to something else.
That's a meaningless statistic. Look at the indicators, e.g., unemployment is at 9.8%. Are houses being bought? Are small businesses expanding or investing? Are consumers consuming? There is more printed money out there than there is gold or anything to back it up. Inflation is coming and Obama is doing nothing to prevent it in his zeal to ram his agenda down our throats.
You are smarter than this, what do you think growing at 3.5% means? sheesh! When the economy grows it means people are consuming and buying homes and other retail items.
The bubble was deflated and then they threw borrowed money into the economy thus you get growth. Temporary. You guys love all these damn statistics. When they are in your favor you use them otherwise you look down on them. Like when Obama %s came out big drop. Then the left started yelling well it started so high so it had to drop blah blah blah. This is the same Fin thing just starting so low.
lol, ok.:dis: billions more on bailing out too big to fail companies, you forgot to mention that.:thumb:
it is either stupid or disingenuous to say 3.5% growth in GDP is meaningless. if it was down 3.5% im sure we'd being hearing about how the stimulus isnt working. if you dont want the US economy to get better, you people should just leave the country. :hihi:
If you want it truely better stop borrowing, spending, and printing money. Not to mention pay off debt.
