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Posted: 7/30/2014 10:15:01 AM EDT
[#1]
Quote HistoryQuoted:
If they were just going to fake numbers, why would there have even been such terrible Q1 numbers to start with? The GDP is calculated by a 40 year old virgin Obama staffer. He was probably trying to cover for something. |
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Posted: 7/30/2014 12:09:24 PM EDT
[#2]
Quote HistoryQuoted: The GDP is calculated by a 40 year old virgin Obama staffer. He was probably trying to cover for something. Quote HistoryQuoted: Quoted: If they were just going to fake numbers, why would there have even been such terrible Q1 numbers to start with? The GDP is calculated by a 40 year old virgin Obama staffer. He was probably trying to cover for something. With this great 4 point growth we'll need some new fresh faces to inject into the labor force... After all, if the economy was shit, we'd have no reason to open our doors.
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Posted: 7/30/2014 12:24:51 PM EDT
[#3]
Quote HistoryQuoted:
The White House won't care so long as their brand of "progress" continues. This...fuzzy math for the win! |
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Posted: 7/30/2014 12:28:00 PM EDT
[#4]
Record wheat harvest in the Soviet Union.
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Posted: 7/30/2014 5:17:34 PM EDT
[#5]
Quote HistoryQuoted:
Fabricated. That's how they'll look. |
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Posted: 7/30/2014 5:27:18 PM EDT
[#6]
...when you break down the growth in GDP, it’s clear that car and light truck purchases played a major role. And subprime loans, in turn, are financing those transactions.
In the second quarter, motor vehicle and parts spending grew an annual 17.5%. Put another way, cars made up 3.7% of all consumer spending, the highest rate since the first quarter of 2008. Subprime loans make up about a third of new car-sales and two-thirds of used cars, according to data from Experian Automotive, at the end of last year. The New York Times, in a story about the subprime loan sector , pointed out that growth has climbed more than 130% in the five years since the crisis. http://www.marketwatch.com/story/how-much-did-subprime-loans-fuel-the-gdp-boom-2014-07-30 |
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