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Lucky...

I forget; who was saying the 4th Q 2009 GDP wouldn't be 4.8%?

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Mike refused to also - good for him, bad for us, he was wrong and didn't bet (that's the bad for us part).



I almost wish I had - that way, when it gets revised down, we get a break from your diarrhetic post floods for a month.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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Do you still think the 4th Q 2009 GDP was 5.7% (or somewhere in the vicinity)?



As I tried to bet Mike (Mneal), it will be within 20% of 4.8% either way. I still feel that way.


You are so far off the mark you don't even know why your wrong. 4.8% isn't within 1000% either way. No shit. :|


Your guarded BS is so obvious it's getting tired. I've nailed down what I think, the BEA has supported it, it may get adjusted, but I've also taken a stance there. You refuse to say what it is, just that I must be wrong. Be less of a conservative / Repub and take a stance; tell me what it will be after any adjustment if there are some.

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Mike refused to also - good for him, bad for us, he was wrong and didn't bet (that's the bad for us part).



I almost wish I had - that way, when it gets revised down, we get a break from your diarrhetic post floods for a month.



And you're still afraid to. You obviously agree with me.

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http://www.bea.gov/newsreleases/national/gdp/gdp_glance.htm

Well you're right, it's 5.7%! Of course that's still an estimate, but even if it falls to 4.8, 4.0, that's great news, right? Oh wait, you guys want Obama and the US to fail; my bad [:/].



:D

Wait for the second or third "revision":D and then get back to us

dont change the fact that 09 had the biggest loss in the since 42 or 3

Your a hoot:D:D


Biggest loss in the what? As usual, your dribble makes no sense.

As for 2nd or 3rd revision, as I said, so what if it's 4.8, 4.0, or???, it's awesome for people who want the US to win, AKA: not you. Also, what if it's not adusted at all? What if it is adjusted higher? 5.7 is phenominal even if it is adjusted 20% lower. I'm sorry that Obama and the US is not failing.


you just love being manipulated by the President don't you[:/]



I'm reading data, not Obama, so once again your posts are unintelligible.


You may be reading"data" but your (fed to you ) interpitation is all screwed up:D
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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It doesn't matter if your a Republican, Democrat, Independent, Nazi, Communist, or Martian....the GDP is not rated in percentage. I don't know why you are insisting it is rated in % when it is measured in $.
The change in the GDP is rated in %.
I'm an ignorant SOB when it comes to financial markets, but at least I know how GDP is measured.
HAMMER:
Originally employed as a weapon of war, the hammer nowadays is used as a
kind of divining rod to locate the most expensive parts adjacent the
object we are trying to hit.

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Of the 30 posts here you've got 15 Lucky. You have a serious character flaw in that you believe you know more than anyone else here. Hence, you hershey squirt all over this forum. It's an exchange of ideas. Are you like this in the real world too?...do you dominate every conversation?
Please don't dent the planet.

Destinations by Roxanne

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Here's some reality from my business. I sell ingredients to the flavor and fragrance industry - ie soft goods,not durable but everyone eats and drinks and washes their clothes (or so we hope). Generally our industry is relatively immune to the highs and lows.
October 2008-June 2009 were terrible. With the uncertainty of the financial markets, our customers (manufacturers of above products) started the de-stocking process. In terms of inventory and people. Large layoffs were de rigeur altho not as massive as seen in some other industries.
We started seeing an uptick in business June 2009 and ended the year relatively solid. Most of the companies seems to have done a lot of catching up the second half of 2009. January 2010 was a record month for me and I've had my doors open for 10 years. Am I hiring another staffer?? Probably not - maybe a temp. I dont feel secure enough to take on another hire. I'll bet a lot of small business owners or managers feel the same. Hiring will lag for some time, while we who make the hiring decisions watch and see how at least the first half of 2010 rolls.
Maybe that lends some real world perspective to all the facts and figures. Theory is great but it's us on the ground that eventually make the numbers you argue about.

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Here's some reality from my business. I sell ingredients to the flavor and fragrance industry - ie soft goods,not durable but everyone eats and drinks and washes their clothes (or so we hope). Generally our industry is relatively immune to the highs and lows.
October 2008-June 2009 were terrible. With the uncertainty of the financial markets, our customers (manufacturers of above products) started the de-stocking process. In terms of inventory and people. Large layoffs were de rigeur altho not as massive as seen in some other industries.
We started seeing an uptick in business June 2009 and ended the year relatively solid. Most of the companies seems to have done a lot of catching up the second half of 2009. January 2010 was a record month for me and I've had my doors open for 10 years. Am I hiring another staffer?? Probably not - maybe a temp. I dont feel secure enough to take on another hire. I'll bet a lot of small business owners or managers feel the same. Hiring will lag for some time, while we who make the hiring decisions watch and see how at least the first half of 2010 rolls.
Maybe that lends some real world perspective to all the facts and figures. Theory is great but it's us on the ground that eventually make the numbers you argue about.



thanks for the perspective
I have a friend that works in the tool and die industry primarily in plastic molding and molding injection sector

I always get a good indication what is coming based on his business as his area seems to be a leading indicator.

Anyway, he saw the same drop you did. the difference is he has not yet seem much of a return. Not good
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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This crap economy is far ahead of schedule and you know it.




BWWWAAAAAAAHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!

Might I suggest you listen to some economist that aren't carrying financial water for Obama.



wouldnt matter as I think he is one of those paid posters for Obama

I can think of any other reason for his posts.........
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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Hmmm,More examples of numbers being "revised" for your consideration

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eb. 3 (Bloomberg Multimedia) -- The U.S. may lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time.


"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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Hmmm,More examples of numbers being "revised" for your consideration

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eb. 3 (Bloomberg Multimedia) -- The U.S. may lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time.



There was an article in the last week asserting that if the GDP growth rate held at 5% for the entire year, that this would only translate to a 1% (or 10%, if you prefer, from 10 to 9) improvement in the unemployment rate. Ouch.

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Hmmm,More examples of numbers being "revised" for your consideration

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eb. 3 (Bloomberg Multimedia) -- The U.S. may lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time.



There was an article in the last week asserting that if the GDP growth rate held at 5% for the entire year, that this would only translate to a 1% (or 10%, if you prefer, from 10 to 9) improvement in the unemployment rate. Ouch.



Ouch indeed
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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It's going to really suck for conservatives when the American economy recovers. Sounds like there are a lot of conservatives praying that all those people stay unemployed.



Wow, I had no idea that your idea of what is good is so distorted. I personally hope that the economy recovers tomorrow regardless of the effects on the coming elections (I also believe current efforts to "fix" the economy only prolong it)

I hope for a better economy because I care more for people than I do elections and who is in power

I thought you would feel the same but I see I am mistaken
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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It's going to really suck for conservatives when the American economy recovers. Sounds like there are a lot of conservatives praying that all those people stay unemployed.



As rush writes, WTF? No one here is praying. Just noting it's not a pretty situation, esp since I don't expect 5% growth for the entire year.

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>As rush writes, WTF? No one here is praying.

When Bush was in office and the economy was collapsing, I recall many conservative posters here touting the economy. "It's a bad day to be using the R word," as one conservative poster here complained. The economy was just fine, according to the more vocal conservatives. And if there were problems, well, they were minor and certainly not Bush's fault.

Once Obama was elected, that changed very fast. The arguments here reflect that. "The economy is recovering!" "No, it isn't," say the GOPers. "Obama's XXX is destroying it."

This isn't unexpected, of course. As several prominent GOPers have explained, they want him to fail. They want his domestic initiatives, his budget and his foreign policy decisions to fall flat. This helps them, since they define themselves by the success of their party, and to them it's a zero-sum game; Obama's failure is their gain, even if it hurts the US.

So yes, some conservatives cringe when they see the economic indicators tick upwards; it gives them less leverage for "their side." "Vote for me, the Democrats really screwed things up!" works for the GOP. "Vote for me! The economy recovered but the democrats had nothing to do with it" doesn't.

(Needless to say, most people are less extremist than that.)

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>As rush writes, WTF? No one here is praying.

When Bush was in office and the economy was collapsing, I recall many conservative posters here touting the economy. "It's a bad day to be using the R word," as one conservative poster here complained. The economy was just fine, according to the more vocal conservatives. And if there were problems, well, they were minor and certainly not Bush's fault.

Once Obama was elected, that changed very fast. The arguments here reflect that. "The economy is recovering!" "No, it isn't," say the GOPers. "Obama's XXX is destroying it."

This isn't unexpected, of course. As several prominent GOPers have explained, they want him to fail. They want his domestic initiatives, his budget and his foreign policy decisions to fall flat. This helps them, since they define themselves by the success of their party, and to them it's a zero-sum game; Obama's failure is their gain, even if it hurts the US.

So yes, some conservatives cringe when they see the economic indicators tick upwards; it gives them less leverage for "their side." "Vote for me, the Democrats really screwed things up!" works for the GOP. "Vote for me! The economy recovered but the democrats had nothing to do with it" doesn't.

(Needless to say, most people are less extremist than that.)



we all want the economy to recover, we just don't like Obama's far left aproach. I want Obama to do good with the country but fail at turning us more towards socialism.

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"turning us more towards socialism."
I don't think the Obama administration is heading towards socialism at all. Just because he has social programs doesn't mean he's going to create a socialist regime. This administration just trying to catch up with time.... like providing affordable healthcare. I don't think any of the Western European countries or Canada can be called socialist. Providing healh care to every US citizen isn't a bad thing. ...not even if it cost some money (and still lot cheaper than Bush's wars!!!).
If you think about it education (free all tha way through high school) on tax payers money is a very expensive socialist program as well. Should we stop that too?;)

Trust me I know what socialist/communist regime is.
I grew up on the eastern side of the wall...

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"turning us more towards socialism."
I don't think the Obama administration is heading towards socialism at all. Just because he has social programs doesn't mean he's going to create a socialist regime. This administration just trying to catch up with time.... like providing affordable healthcare. I don't think any of the Western European countries or Canada can be called socialist. Providing healh care to every US citizen isn't a bad thing. ...not even if it cost some money (and still lot cheaper than Bush's wars!!!).
If you think about it education (free all tha way through high school) on tax payers money is a very expensive socialist program as well. Should we stop that too?;)

Trust me I know what socialist/communist regime is.
I grew up on the eastern side of the wall...



the east side of the wall was a socialist dictatorship, the west side is mostly just socialist. America is fighting becoming a socialist country. It was founded on free enterprise and a small government and most of us would like to keep it that way.

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"turning us more towards socialism."
I don't think the Obama administration is heading towards socialism at all. Just because he has social programs doesn't mean he's going to create a socialist regime. This administration just trying to catch up with time.... like providing affordable healthcare. I don't think any of the Western European countries or Canada can be called socialist. Providing healh care to every US citizen isn't a bad thing. ...not even if it cost some money (and still lot cheaper than Bush's wars!!!).
If you think about it education (free all tha way through high school) on tax payers money is a very expensive socialist program as well. Should we stop that too?;)

Trust me I know what socialist/communist regime is.
I grew up on the eastern side of the wall...



the east side of the wall was a socialist dictatorship, the west side is mostly just socialist. America is fighting becoming a socialist country. It was founded on free enterprise and a small government and most of us would like to keep it that way.


Hey if you want to go live like they did in the 1790's feel free to go for it.

(Not that I think you would LIKE that experience very much):S:S:S

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>As rush writes, WTF? No one here is praying.

When Bush was in office and the economy was collapsing, I recall many conservative posters here touting the economy. "It's a bad day to be using the R word," as one conservative poster here complained. The economy was just fine, according to the more vocal conservatives. And if there were problems, well, they were minor and certainly not Bush's fault.

Once Obama was elected, that changed very fast. The arguments here reflect that. "The economy is recovering!" "No, it isn't," say the GOPers. "Obama's XXX is destroying it."

This isn't unexpected, of course. As several prominent GOPers have explained, they want him to fail. They want his domestic initiatives, his budget and his foreign policy decisions to fall flat. This helps them, since they define themselves by the success of their party, and to them it's a zero-sum game; Obama's failure is their gain, even if it hurts the US.

So yes, some conservatives cringe when they see the economic indicators tick upwards; it gives them less leverage for "their side." "Vote for me, the Democrats really screwed things up!" works for the GOP. "Vote for me! The economy recovered but the democrats had nothing to do with it" doesn't.

(Needless to say, most people are less extremist than that.)



Your point here is noted sir but, you show a willingness to support exagerating conditions/situations.
Yes, there were indicators during Bush's term. However the left and the media magnified it to make political points. Now you support (or seem to support) the tactic of the left and media to down play how bad it really is to support their chozen one.
Done because the implimented plans are now being shown to have failed (and no, I do not hope that plans like these fail but they were widely predicted now werent they) because no jobs have been created of any significance in any real distrcits or zip code areas

As for Obama failing? I wish he would be a successful president. I do wish his agenda to fail because IMO they are bad for this country. he is fundamentally trying to change is for the worse. Again, IMO.

But I guess since he is the Dems choice we should all just roll over and lube up huh[:/]
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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http://www.bea.gov/newsreleases/national/gdp/gdp_glance.htm

Well you're right, it's 5.7%! Of course that's still an estimate, but even if it falls to 4.8, 4.0, that's great news, right? Oh wait, you guys want Obama and the US to fail; my bad [:/].



:D

Wait for the second or third "revision":D and then get back to us


Your a hoot:D:D


Revised UP to +5.9% change.
...

The only sure way to survive a canopy collision is not to have one.

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