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Thread: Economics

  1. #1
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    Default Economics

    Gross domestic product expanded at a 2.9% annual rate in the third quarter, the
    Commerce Department said. That was stronger growth than the second quarter's
    pace of 1.4%. Economists surveyed by The Wall Street Journal expected growth at
    a 2.5% pace for the July-to-September period. Last quarter's growth rate was the
    fastest recorded in two years.

    http://www.wsj.com/articles/u-s-economy-grew-2-9-in-third-quarter-1477657992?

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    The GDP report just threw a wrench in one of Trump's main arguments

    http://www.businessinsider.com/gdp-report-trump-2016-10

  3. #3
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    You are a disgusting promoter of lies!

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    is TonyM really Godwit? Cuz "Godwit" hasn't posted much lately. And TonyM sounds just as stupid. Maybe they're just related.....

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    Quote Originally Posted by sunflowerstation
    is TonyM really Godwit? Cuz "Godwit" hasn't posted much lately. And TonyM sounds just as stupid. Maybe they're just related.....
    The entity known as Godwit was banned. TonyM is Godwit in another form. Sly creature if you ask me, but nobody asked, so......

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    “This is still another reason why Trump will probably lose. The
    economy is in decent shape — so decent that the Fed will have to raise
    interest rates later this year,” said Greg Valliere, chief global
    strategist at Horizon Investments. “This report shows a solid economy
    with — ironically — decent export growth. Hillary Clinton simply has to
    avoid gloating. But this is a big plus for her, and she may get another
    pleasant surprise when the October jobs report is released next Friday.”

    The initial reading from the government on third quarter growth,
    which is subject to multiple revisions in the months ahead, comes after
    Trump spent portions of the campaign ripping the U.S. economy as a
    complete disaster. “Right now our country is dying at 1 percent GDP,”
    the GOP nominee said during the third debate.

    http://www.politico.com/story/2016/1...-trump-230441?

  7. #7
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    Posts just like Qtip as well.

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    It's an insult that he and the other pro tyrants were let back in.

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    Quote Originally Posted by breezy View Post
    It's an insult that he and the other pro tyrants were let back in.
    I fully agree here
    Tread carefully when walking on others freedoms because yours are on the same path.

  10. #10
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    Quote Originally Posted by TonyM View Post
    Gross domestic product expanded
    Seriously, I realize this is mostly what we got but should personal "debt" really be considered our GDP?

    O.W.

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