Obama: A year to Election Day, numbers good and bad

[Conservative]

Interesting poll numbers from CBS

CBS poll shows Obama approval on economy still falling « Hot Air

 

[Sheik Yerbuti]

What is really sad are liberal elites here who claim to be intelligent and yet show their ignorance with every post. Fiscal year of the United States runs from October to September

Fiscal year 2011 began in October 2010 and ended on September 30, 2011

GDP growth in 2011 is under 2%

GDP first Quarter 2011 was October 1, 2010 to December 31, 2010 and was .4%
GDP 2nd Quarter 2011 was January 1, 2011 to March 31, 2011 and was 1.3%
GDP 3rd Quarter 2011 was April 1, 2011 to June 30, 2011 and was 2.5% Preliminary numbers

So the average is under 2% for the fiscal year and for those that claim it is amazing how the GDP growth is worse than when the Republicans took the House the actual numbers again prove that claim wrong. First full quarter of GOP House control was April 1, 2011-June 30, 2011 and was 2.5%

BEA.gov

http://www.bea.gov/iTable/iTable.cfm?ReqID=9&step=1

Skipping over the first quarter when Republicans missed only two business days of it is quite a stretch, even for you, Con.

And btw, the BEA shows the second quarter (Apr-Jun) was 1.3% growth, not 2.5%.

 

[Redress]

Interesting poll numbers from CBS

CBS poll shows Obama approval on economy still falling « Hot Air

And yet Obama is up against generic republican and all the GoP candidates.

 

[Sheik Yerbuti]

Interesting poll numbers from CBS

CBS poll shows Obama approval on economy still falling « Hot Air

Giving up on Gallup's poll because you found another one you like better??

 

[Conservative]

Skipping over the first quarter when Republicans missed only two business days of it is quite a stretch, even for you, Con.

And btw, the BEA shows the second quarter (Apr-Jun) was 1.3% growth, not 2.5%.

First quarter was October to December, when did the GOP Take over the House? Second Qtr is January-March. So what you are proving again is that you aren't nearly as bright as you think you are.

You continue to ignore the following and let me highlight it for you

FISCAL YEAR OF THE UNITED STATES OCTOBER TO SEPTEMBER

FISCAL YEAR 2011 OCTOBER 1, 2010 TO SEPTEMBER 30, 2011

 

[Conservative]

Giving up on Gallup's poll because you found another one you like better??

That is the latest poll released and one that is skewed Democratic or didn't you bother to read it? Going to be a tough year for you if this is the best you can do.

 

[Conservative]

Giving up on Gallup's poll because you found another one you like better??

Waiting for an apology on the GDP numbers and for you to admit that you didn't understand when the fiscal year of the U.S. begins and ends nor what the GDP results actually show and what that period of time represents?

Gallup Daily: Obama Job Approval

 

[whysoserious]

Waiting for an apology on the GDP numbers and for you to admit that you didn't understand when the fiscal year of the U.S. begins and ends nor what the GDP results actually show and what that period of time represents?

Gallup Daily: Obama Job Approval

You're asking for apologies now? I don't recall ever getting one for being forced to explain why we use inflation adjusted GDP numbers, only to find out that you were using them all along and didn't know.

 

[Sheik Yerbuti]

First quarter was October to December, when did the GOP Take over the House? Second Qtr is January-March. So what you are proving again is that you aren't nearly as bright as you think you are.

You continue to ignore the following and let me highlight it for you

FISCAL YEAR OF THE UNITED STATES OCTOBER TO SEPTEMBER

FISCAL YEAR 2011 OCTOBER 1, 2010 TO SEPTEMBER 30, 2011

Once again, you need a good schoolin' by a Liberal to get through your day ...

GDP rose 2.5% during the 3rd quarter 2011, which according to you, ran from April through June ...

... but according to nasdaq.com ...

Gross domestic product, the broadest measure of all the goods and services produced in an economy, grew at an inflation-adjusted annual rate of 2.5% from July through September, the strongest performance in a year.

DATA SNAP: US 3Q GDP Climbs 2.5%; Consensus +2.7%​

 

[randel]

LOL, yep, at his Crawford Ranch which was the Western White House. Don't recall him going to Martha's Vineyard on any of those vacations but rather entertaining foreign visitors at the ranch which you call a vacation. Such disdain for Bush which is just another attempt to divert not only from the tread topic but also the Obama record which apparently you continue to ignore

25 million unemployed or under employed Americans in 2011(bls.gov)154.1 X 16.2% Top Picks (Most Requested Statistics) : U.S. Bureau of Labor Statistics
14.8 million unemployed PLUS Discouraged workers Top Picks (Most Requested Statistics) : U.S. Bureau of Labor Statistics
2.2 million fewer jobs(bls.gov) Top Picks (Most Requested Statistics) : U.S. Bureau of Labor Statistics
4.3 trillion added to the debt in less than 3 years(U.S. Treasury Site) Government - Historical Debt Outstanding – Annual
rating(S&P)
Rising Misery index 7.83 to 12.97 (The United States Misery Index By Year)
38-44% JAR and well over 50-55% disapproval ratings(Gallup)
US Poverty Hits Record High: 1 in 6 Americans Living Below Poverty Line | Economy Watch
“Fast and Furious”, “Wide Receiver”
Solyndra, Fisker, and Crony Capitalism Jobs Panel Member Whose Solar Firm Won Loan Guarantees Raises 'Conflict Of Interest' Concerns | Fox News
http://www.solyndra.com/technology-products/videos/

Solyndra solar power company shuts down 15 months after Obama visit

The Tonopah Solar company in Harry Reid's Nevada is getting a $737 million loan from Obama's DOE.
The project will produce a 110 megawatt power system and employ 45 permanent workers.
That's costing us just $16 million per job.

One of the investment partners in this endeavor is Pacific Corporate Group (PCG).
The PCG executive director is Ron Pelosi who is the brother of Nancy's husband.
But there is nothing wrong here, is there?

U.S. Bridges, Roads Being Built by Chinese Firms | Video - ABC News

Stimulus failure
Review & Outlook:Why the Stimulus Failed - WSJ.com

the crawford ranch is his personal home, not a 'western white house'...sorry, he was on vacation...his place of work is in D.C.

 

[Sheik Yerbuti]

Waiting for an apology on the GDP numbers and for you to admit that you didn't understand when the fiscal year of the U.S. begins and ends nor what the GDP results actually show and what that period of time represents?

Gallup Daily: Obama Job Approval

Oh, my!

In light of post #909, it appears the one who owes an apology is you.

:lamo ~~~~~~~ :lamo ~~~~~~~ :lamo​

 

[whysoserious]

Once again, you need a good schoolin' by a Liberal to get through your day ...

GDP rose 2.5% during the 3rd quarter 2011, which according to you, ran from April through June ...

... but according to nasdaq.com ...

Gross domestic product, the broadest measure of all the goods and services produced in an economy, grew at an inflation-adjusted annual rate of 2.5% from July through September, the strongest performance in a year.

DATA SNAP: US 3Q GDP Climbs 2.5%; Consensus +2.7%​

Whoa why are they adjusting for inflation. I don't think the people of today care about 2005 dollars!

 

[Conservative]

You're asking for apologies now? I don't recall ever getting one for being forced to explain why we use inflation adjusted GDP numbers, only to find out that you were using them all along and didn't know.

Who uses inflation adjusted GDP numbers, certainly not the average American and that is who matters. GDP numbers are used for what purpose? Think that the govt. gets tax revenue of inflation adjusted numbers? Those inflation adjusted numbers are only of value to the intellectual elite who are book smart and street stupid. Are you in that category?

 

[Conservative]

Once again, you need a good schoolin' by a Liberal to get through your day ...

GDP rose 2.5% during the 3rd quarter 2011, which according to you, ran from April through June ...

... but according to nasdaq.com ...

Gross domestic product, the broadest measure of all the goods and services produced in an economy, grew at an inflation-adjusted annual rate of 2.5% from July through September, the strongest performance in a year.

DATA SNAP: US 3Q GDP Climbs 2.5%; Consensus +2.7%​

That would be the fourth qtr of the fiscal year of the United States and that isn't out yet.

 

[Conservative]

the crawford ranch is his personal home, not a 'western white house'...sorry, he was on vacation...his place of work is in D.C.

He sure had a lot of world leaders visiting him in Crawford TX while on vacation.

 

[whysoserious]

He sure had a lot of world leaders visiting him in Crawford TX while on vacation.

I can have a business meeting on the golf course but that doesn't make it my office.

 

[Sheik Yerbuti]

Whoa why are they adjusting for inflation. I don't think the people of today care about 2005 dollars!

I'd say this pretty much makes the strongest statement yet concerning Conservative's lack business acumen.

Not only does he not understand the distinction between nominal and real dollars, now we learn he doesn't even know what time frame the BEA's GDP numbers are based in. He thinks they post GDP numbers on a fiscal year, when in fact, they post them based on the calendar year.

How much embarrassment can he take?

 

[whysoserious]

Who uses inflation adjusted GDP numbers, certainly not the average American and that is who matters. GDP numbers are used for what purpose? Think that the govt. gets tax revenue of inflation adjusted numbers? Those inflation adjusted numbers are only of value to the intellectual elite who are book smart and street stupid. Are you in that category?

When are you going to understand that inflation adjusted numbers are used when comparing dollars by year. When does the average American do that? They don't, which is why they don't adjust for inflation. You don't need to adjust for inflation when buying groceries, unless those groceries were priced in a different year's dollars.

The rates you are using are adjusted for inflation anyway. This is embarrassing.

 

[whysoserious]

I'd say this pretty much makes the strongest statement yet concerning Conservative's lack business acumen.

Not only does he not understand the distinction between nominal and real dollars, now we learn he doesn't even know what time frame the BEA's GDP numbers are based in. He thinks they post GDP numbers on a fiscal year, when in fact, they post them based on the calendar year.

How much embarrassment can he take?

That is something that I was not aware of. Thanks for updating me on that.

 

[randel]

He sure had a lot of world leaders visiting him in Crawford TX while on vacation.

are you saying that world leaders havent visited martha's vineyard? lol unbelievable, you can't even be honest and admit that bush took vacations!!!! lol

 

[Conservative]

When are you going to understand that inflation adjusted numbers are used when comparing dollars by year. When does the average American do that? They don't, which is why they don't adjust for inflation. You don't need to adjust for inflation when buying groceries, unless those groceries were priced in a different year's dollars.

The rates you are using are adjusted for inflation anyway. This is embarrassing.

when you understand that debt service, revenue, and expenses that impact the budget and debt are for the current year and aren't inflation adjusted

 

[winston53660]

He sure had a lot of world leaders visiting him in Crawford TX while on vacation.

You're doing a heck of a job Brownie:lamo

 

[Conservative]

are you saying that world leaders havent visited martha's vineyard? lol unbelievable, you can't even be honest and admit that bush took vacations!!!! lol

CBS poll shows Obama approval on economy still falling « Hot Air

 

[whysoserious]

when you understand that debt service, revenue, and expenses that impact the budget and debt are for the current year and aren't inflation adjusted

Because they are generally compared to GDP and other figures from the same year. You can bet than if any of those financial numbers were being used in comparison with other years, they would either be put in some sort of ratio form with GDP or they would be inflation adjusted dollars.

 

[Sheik Yerbuti]

3Q = Overall GDP Growth +2.5%

Gross domestic product, the broadest measure of all the goods and services produced in an economy, grew at an inflation-adjusted annual rate of 2.5% from July through September, the strongest performance in a year.DATA SNAP: US 3Q GDP Climbs 2.5%; Consensus +2.7%

That would be the fourth qtr of the fiscal year of the United States and that isn't out yet.

Please, Con, don't double down on stupid. I'm already embarrassed for you and I'm starting to feel guilty.

They clearly state it was the 3rd quarter. GDP increased 2.5% for the 3rd quarter which they point out was from July through September