Re: GDP DOWN FROM OVER 5% to around 3%….

On 5/1/2010 1:30 AM, retrogrouch wrote:
> On Fri, 30 Apr 2010 21:07:17 -0400, Can You Hear Us Now
> wrote:
>
>>
>> Now we call it propaganda…. Government spending is growing and GDP is
>> now mostly Government spending.
>
>
> Actually you are wrong yet again. Gee bi surprise.
>
>
>
> Government spending is down. Has been the last two quarters.
> Your ignorance and spin knows no bounds.
>
>
> http://www.briefing.com/Investor/Public/Calendars/EconomicReleases/gdp.htm
>
> Category Q1 2009 Q4 2009 Q3 2009 Q2 2009
> Q1
> GDP 3.2% 5.6% 2.2% -0.7% -6.4%
> Inventories (change) $31.1B -$19.7B -$139.2B -$160.2B
> -$113.9B
>
> Final Sales 1.6% 1.7% 1.5% 0.7% -4.1%
> PCE 3.6% 1.6% 2.8% -0.9% 0.6%
> Nonresidential Inv. 4.0% 5.3% -5.9% -9.6% -39.2%
> Structures -14.0% -18.1% -18.4% -17.3% -43.6%
> Equipment & Software 13.4% 19.0% 1.5% -4.9% -36.4%
> Residential Inv. -10.9% 3.7% 18.9% -23.3% -38.2%
> Net Exports -$367.0B -$348.0B -$357.4B -$330.4B
> -$378.5B
> Export 5.8% 22.8% 17.8% -4.1% -29.9%
> Imports 8.9% 15.8% 21.3% -14.7% -36.4%
> Government -1.8% -1.3% 2.6% 6.7% -2.6%
> GDP Price Index 0.9% 0.5% 0.4% 0.0% 1.9%

You a&*$?%e, when you raise government spending 9.3% in six months….

Unless you lower it more than 9.3% in the last six months you had
increased spending…..

Then… The Private sector isn’t getting better it’s the Government
that’s manipulating the numbers…. Obama prints money and spends/loans
it and they call it GROWTH, government taxes and then spends and they
call it GROWTH.

Then… why don’t you get a bucket and go make the shallow end of your
nearest pool twice as deep by moving the water from the deep end to the
shallow end, the deep end has too much and the way to make it all even
is for you to act like government and take some from the deep(rich) and
give it to the shallow(poor)

Then… you have inflation that you ignore…

Then… Cutting 99 of 100 workers last quarter may have stopped the
massive bleeding of cash and they can post a smaller loss or “Profit”
and then this quarter they fire their last one employee and close the
doors forever according to you things are better because they only fired
“one” employee this quarter!

Then.. your math is like the Global Warming math, you make up what ever
makes you get what you want. The truth is in the numbers that aren’t
manipulated by government and Leftists.

Then… look at NON residential inventory… theh storm is gathering as
teh Depression moves to a different place, the Government is like a one
legged man trying to put out a forest fire. They try to stamp out one
place like the stock market and buying stocks, then the mortgage markets
and banks, and then they hop over here and then there and it’s all
smoldering and relighting and there is no GDP it’s an illusion, smoke
and mirrors, we are still crashing in slow motion and government is
spending more than six trillion dollars….

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