
10-29-2009
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Joint Chiefs of Staff Member
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Member Since: Jul 2009
Location: Georgia
Posts: 1,857
    
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Re: GDP Up 3.5% Q3-2009
Quote:
Originally Posted by wrxsti
Hopefully we can convince the average consumer this is only a temporary upward tick, and things are heading right back to the crappper. Statements need to be emphasized that the growth was strictly due to cash for clunkers and other un-sustainable handouts, the recent market recovery is temporary and stocks will crash again, that new home sales are tanking, commercial real estate will soon implode, that unemployment shows no sign of decrease, and consumer confidence is down. Folks need to feel thier jobs are in peril, they stand a good chance to lose thier homes and retirements, and that the economy will decline for the next couple of years. Several more quarters of GDP decline are needed.
Otherwise I fear you are correct, and the big zero and his mindless worshippers will give Hussein some credit for recovery. Bad news for 2010 and beyond.
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Your sarcasm is getting old.
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Giving money and power to government is like giving whiskey and car keys to teenage boys. ---P. J. O'Rourke
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