Gross domestic product, the broadest measure of the nation's economic health, was revised up to 3.9% in the third quarter. Both consumer spending and business investment showed strength.
The combined growth in the second and third quarters represented the best six months for the economy since 2003.
More bad news for Republicans I'm afraid, the GDP was revised UP to 3.9 % growth in the 3rd quarter. The best 6 month performance since 2003. Boy you really can see the results of Obama's "anti-growth" policies, they do better than Republican "growth" policies every time. Not that anyone cares, it seems voters are wistful for another recession and I'm sure the GOP Congress will do their best to make it happen. Recessions are what the GOP do best.
U.S. economy picks up speed - Nov. 25, 2014
Just like in early 2006, the economy is responding to upcoming changes in Congress. When it was evident that a anti-business, Democrat dominated Congress was coming to power, the economy contracted (not the only reason, but definitely a big piece of the puzzle), now it's evident that pro-business Republican dominated Congress is coming to power and the economy is expanding (again, not the only reason). The President has very little impact on our economy, so trying to give him credit for the recent upswing is patently dishonest.
The sad part is people actually believe this.Just like in early 2006, the economy is responding to upcoming changes in Congress. When it was evident that a anti-business, Democrat dominated Congress was coming to power, the economy contracted (not the only reason, but definitely a big piece of the puzzle), now it's evident that pro-business Republican dominated Congress is coming to power and the economy is expanding (again, not the only reason). The President has very little impact on our economy, so trying to give him credit for the recent upswing is patently dishonest.
More bad news for Republicans I'm afraid, the GDP was revised UP to 3.9 % growth in the 3rd quarter. The best 6 month performance since 2003. Boy you really can see the results of Obama's "anti-growth" policies, they do better than Republican "growth" policies every time. Not that anyone cares, it seems voters are wistful for another recession and I'm sure the GOP Congress will do their best to make it happen. Recessions are what the GOP do best and with good reason. There is nothing better for upward wealth redistribution than a good recession.
U.S. economy picks up speed - Nov. 25, 2014
Just like in early 2006, the economy is responding to upcoming changes in Congress. When it was evident that a anti-business, Democrat dominated Congress was coming to power, the economy contracted (not the only reason, but definitely a big piece of the puzzle), now it's evident that pro-business Republican dominated Congress is coming to power and the economy is expanding (again, not the only reason). The President has very little impact on our economy, so trying to give him credit for the recent upswing is patently dishonest.
LOL 3rd quarter results were not influenced by the Nov. election. I expect the economy will stumble next year because of the GOP Congress will screw it up. That is about all they are capable of doing. We will see who is right. I will be sure to inform you.
The sad part is people actually believe this.
:funny your post is dishonest.
No, it's honest and accurate. Time and again, the market anticipates who will control Congress because smart investors know that Reps. are more business friendly than Dems. are.
History Shows Stocks, GDP Outperform Under Democrats | Fox BusinessHowever, history actually shows that the U.S. economy, stock prices and corporate profits have generated stronger growth under Democratic administrations than Republican ones.
According to McGraw-Hill’s (MHP) S&P Capital IQ, the S&P 500 has rallied an average of 12.1% per year since 1901 when Democrats occupy the White House, compared with just 5.1% for the GOP.
Likewise, gross domestic product has increased 4.2% each year since 1949 when Democrats run the executive branch, versus 2.6% under Republicans.
Even corporate profits show a disparity: S&P 500 GAAP earnings per share climbed a median of 10.5% per year since 1936 during Democratic administrations, besting an 8.9% median advance under Republicans, S&P said.
More bad news for Republicans I'm afraid, the GDP was revised UP to 3.9 % growth in the 3rd quarter. The best 6 month performance since 2003. Boy you really can see the results of Obama's "anti-growth" policies, they do better than Republican "growth" policies every time. Not that anyone cares, it seems voters are wistful for another recession and I'm sure the GOP Congress will do their best to make it happen. Recessions are what the GOP do best and with good reason. There is nothing better for upward wealth redistribution than a good recession.
U.S. economy picks up speed - Nov. 25, 2014
I was thinking the exact same thing.NO, the sad part is that too many people lack the willingness to look at situations honestly....
More bad news for Republicans I'm afraid, the GDP was revised UP to 3.9 % growth in the 3rd quarter. The best 6 month performance since 2003. Boy you really can see the results of Obama's "anti-growth" policies, they do better than Republican "growth" policies every time. Not that anyone cares, it seems voters are wistful for another recession and I'm sure the GOP Congress will do their best to make it happen. Recessions are what the GOP do best and with good reason. There is nothing better for upward wealth redistribution than a good recession.
U.S. economy picks up speed - Nov. 25, 2014
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