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Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this

 
Anonymous Coward
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07/31/2013 05:15 PM
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Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
Anonymous Coward
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07/31/2013 05:20 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
The desired numbers would be better if reality didnt get in the way.

They arent wired for reality, they are wired for destroying those that are based in reality that doesnt serve their needs.
Anonymous Coward (OP)
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07/31/2013 05:21 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I just cannot even believe Arabs are stupid enough to except our currency for oil?
Anonymous Coward
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07/31/2013 05:25 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051


Rabs arent that stupid, I mean, if you understood where the house of Saud came from.
They are just as invested in destroying the infidel as their izzy cousins, and for the same reasons.
Anonymous Coward
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07/31/2013 05:30 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


SNAP reductions starting Nov.
Anonymous Coward (OP)
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07/31/2013 05:32 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


SNAP reductions starting Nov.
 Quoting: Anonymous Coward 44305466


and he shall take away their daily sacrifice....


wow more prophecy coming true!
Anonymous Coward
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07/31/2013 05:33 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Hey IDIOT... The USA gets 85% of its oil from - Guess who?

Canada!!! not the fucking Arabs. Why do you think that the traitor in chief does not want the oil sands agreement to be instituted? eh???? (sarcasm)

Fuck people! No the FUCK what you are talking about before spouting off!

I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051
Anonymous Coward (OP)
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07/31/2013 05:34 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Hey IDIOT... The USA gets 85% of its oil from - Guess who?

Canada!!! not the fucking Arabs. Why do you think that the traitor in chief does not want the oil sands agreement to be instituted? eh???? (sarcasm)

Fuck people! No the FUCK what you are talking about before spouting off!

I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051

 Quoting: Anonymous Coward 14291695


sorry then, Canada is stupid for excepting the US dollar for Oil!
Anonymous Coward
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07/31/2013 05:36 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
For the OIL BARON Satanists... no energy interdepence for you!
Anonymous Coward (OP)
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07/31/2013 05:37 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
America is one of the world's largest oil producers, and close to 40 percent of U.S. oil needs are met at home. Most of the imports currently come from five countries: Canada, Saudi Arabia, Mexico, Venezuela and Nigeria.

US only gets 15% of its oil from canada!++


source

[link to www.npr.org]
Mr. Toppit

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07/31/2013 05:43 PM

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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
If you saved your whole life to get enough retirement money to live on in old age....

the inflation rate has wiped you out. Hasta la vista baby.
R.P. McMurphy
I'm a goddamn marvel of modern science

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07/31/2013 05:45 PM

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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
You can not believe a word these people say. Everything they do and everything they say or "leak" to the media is propaganda.

Example: This morning I hear on the news how the economy is chugging along (which was the exact phrase used) but yesterday I heard unemployment was up in 365 of the largest American cities.

That means the economy is not "chugging along" by rather merely holding it's own.

Just like how all those scandals the obama administration is embroiled in are just "made-up" by hillery clinton's "vast right-wing conspiracy".

What these people do best is lie and deceive.
It won't necessarily be the strongest who survive, nor the most intelligent.
It will be the one most capable of adapting to the rapidly changing environment.
Anonymous Coward (OP)
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07/31/2013 05:46 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
If you saved your whole life to get enough retirement money to live on in old age....

the inflation rate has wiped you out. Hasta la vista baby.
 Quoting: Mr. Toppit


you aint seen nothing yet!
Anonymous Coward (OP)
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07/31/2013 05:47 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Thread: Obama: Top Tax Rate Should Be 28% for Corporations, 40% for Small Business
Irreversible-day

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07/31/2013 05:54 PM

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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051


because the American people are stupid enough to work for devalued currency.

derp....
leonine

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07/31/2013 05:54 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Hey IDIOT... The USA gets 85% of its oil from - Guess who?

Canada!!! not the fucking Arabs. Why do you think that the traitor in chief does not want the oil sands agreement to be instituted? eh???? (sarcasm)

Fuck people! No the FUCK what you are talking about before spouting off!

I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051

 Quoting: Anonymous Coward 14291695
If you are gonna spew out propaganda, at least make it believable.

Last Edited by leonine on 07/31/2013 05:55 PM
lizard king
s. d. butler

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07/31/2013 05:55 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


and printing 85 billion a week or is it a month?
Anonymous Coward
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07/31/2013 05:55 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051


Ask Saddam Hussein?
Krykus

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07/31/2013 05:56 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
America is one of the world's largest oil producers, and close to 40 percent of U.S. oil needs are met at home. Most of the imports currently come from five countries: Canada, Saudi Arabia, Mexico, Venezuela and Nigeria.

US only gets 15% of its oil from canada!++


source

[link to www.npr.org]
 Quoting: Anonymous Coward 44377051


The NPR article your quoting is from 2011 and is showing numbers from 2009.

Canada supplied almost 22% of the US oil in 2010, 32% of US oil in 2011 and 28% in 2012. This year it is expected to deliver about 35% of the US oil needs. And Canada is paid in Monopoly money (ooops Canadian funky money - LoL)

Also just for note those are the numbers and percentages that Canada supplied to the US, but Canada delivers more than that to the US because there is no refinery in Canada hence Canada supplies the oil and the US refines it to Gasoline.

These numbers will also change in the near future as the middle east is at peak oil, Canada will have to open it's new discoveries to take up the slack, and with the uber huge discovery in Australia, maybe they will be added to the list of suppliers in the near future.
Krykus

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07/31/2013 05:57 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Some info can be found here.


[link to www.eia.gov]
Anonymous Coward
User ID: 44305466
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07/31/2013 05:59 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Hey IDIOT... The USA gets 85% of its oil from - Guess who?

Canada!!! not the fucking Arabs. Why do you think that the traitor in chief does not want the oil sands agreement to be instituted? eh???? (sarcasm)

Fuck people! No the FUCK what you are talking about before spouting off!

I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051

 Quoting: Anonymous Coward 14291695


1.7 million barrels a day is 85% of our domestic oil usage?

lol - so we went from 20 mbd to like under 3 mbd?

WTF you been smoking?
Anonymous Coward
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07/31/2013 06:01 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


SNAP reductions starting Nov.
 Quoting: Anonymous Coward 44305466


Wait 'til the welfare recipients and the SNAP moochers find out that things on Food stamps are going to be changed drastically. No sodas, no ice cream, cakes, snacks, etc... It's all going to go towards buying fresh/frozen fruits and vegetables, milk, dairy, eggs, and meats. No sweets or junk food. I can't wait for next yr when this goes into effect. lol. The boons are gonna rise hell. Thanks Obama.
Anonymous Coward
User ID: 44379707
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07/31/2013 06:03 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
You can not believe a word these people say. Everything they do and everything they say or "leak" to the media is propaganda.

Example: This morning I hear on the news how the economy is chugging along (which was the exact phrase used) but yesterday I heard unemployment was up in 365 of the largest American cities.

That means the economy is not "chugging along" by rather merely holding it's own.

Just like how all those scandals the obama administration is embroiled in are just "made-up" by hillery clinton's "vast right-wing conspiracy".

What these people do best is lie and deceive.
 Quoting: R.P. McMurphy


Exactly. They can't even "lie" it good so they have to rework the nums and redefine the terms. Then, shazzam! 0beyme saved us! Yipeeeee.

You can't even find the real unemployment rate at BLS by searching unemployment rate. You have to search LABOR UNDERUTILIZATION RATE. Then, you'll see we really have a nearly 15% UE rate.

They define GDP is also totally fucked up. They add government's spending in the total product but do NOT discount (subtract) what the government takes OUT of the economy in taxes. So the whole GDP number is bullshit!

There is NO TRUTH to anything we hear out of government - NONE! You cannot believe a god damned thing.
Anonymous Coward (OP)
User ID: 44377051
United States
07/31/2013 06:04 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
America is one of the world's largest oil producers, and close to 40 percent of U.S. oil needs are met at home. Most of the imports currently come from five countries: Canada, Saudi Arabia, Mexico, Venezuela and Nigeria.

US only gets 15% of its oil from canada!++


source

[link to www.npr.org]
 Quoting: Anonymous Coward 44377051


The NPR article your quoting is from 2011 and is showing numbers from 2009.

Canada supplied almost 22% of the US oil in 2010, 32% of US oil in 2011 and 28% in 2012. This year it is expected to deliver about 35% of the US oil needs. And Canada is paid in Monopoly money (ooops Canadian funky money - LoL)

Also just for note those are the numbers and percentages that Canada supplied to the US, but Canada delivers more than that to the US because there is no refinery in Canada hence Canada supplies the oil and the US refines it to Gasoline.

These numbers will also change in the near future as the middle east is at peak oil, Canada will have to open it's new discoveries to take up the slack, and with the uber huge discovery in Australia, maybe they will be added to the list of suppliers in the near future.
 Quoting: Krykus



And I am glad for this, I would rather canada get the money then the middle east who all want to kill us!
Anonymous Coward
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07/31/2013 06:05 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


SNAP reductions starting Nov.
 Quoting: Anonymous Coward 44305466


Wait 'til the welfare recipients and the SNAP moochers find out that things on Food stamps are going to be changed drastically. No sodas, no ice cream, cakes, snacks, etc... It's all going to go towards buying fresh/frozen fruits and vegetables, milk, dairy, eggs, and meats. No sweets or junk food. I can't wait for next yr when this goes into effect. lol. The boons are gonna rise hell. Thanks Obama.
 Quoting: hawk8414


You watch.... they'll just sell their EBT cards for cash and use that cash to buy booze and cigs and pot and Air Jordan shoes.
Anonymous Coward (OP)
User ID: 44377051
United States
07/31/2013 06:05 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


SNAP reductions starting Nov.
 Quoting: Anonymous Coward 44305466


Wait 'til the welfare recipients and the SNAP moochers find out that things on Food stamps are going to be changed drastically. No sodas, no ice cream, cakes, snacks, etc... It's all going to go towards buying fresh/frozen fruits and vegetables, milk, dairy, eggs, and meats. No sweets or junk food. I can't wait for next yr when this goes into effect. lol. The boons are gonna rise hell. Thanks Obama.
 Quoting: hawk8414


shit I saw a dry cleaner the other day the excepted snap!
Anonymous Coward
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07/31/2013 06:08 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


SNAP reductions starting Nov.
 Quoting: Anonymous Coward 44305466


Wait 'til the welfare recipients and the SNAP moochers find out that things on Food stamps are going to be changed drastically. No sodas, no ice cream, cakes, snacks, etc... It's all going to go towards buying fresh/frozen fruits and vegetables, milk, dairy, eggs, and meats. No sweets or junk food. I can't wait for next yr when this goes into effect. lol. The boons are gonna rise hell. Thanks Obama.
 Quoting: hawk8414


there foodstamps will buy monsanto
Anonymous Coward
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07/31/2013 06:12 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051


ofc they accept it. its still good in many countries and is prefered in most african countries including egypt. americans may be giving double the price for oil because they can print as much as they like. its a win win for saudis and americans. and a loose loose for all other countries.
RtrnofAmJedi

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07/31/2013 06:12 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
You can not believe a word these people say. Everything they do and everything they say or "leak" to the media is propaganda.

Example: This morning I hear on the news how the economy is chugging along (which was the exact phrase used) but yesterday I heard unemployment was up in 365 of the largest American cities.

That means the economy is not "chugging along" by rather merely holding it's own.

Just like how all those scandals the obama administration is embroiled in are just "made-up" by hillery clinton's "vast right-wing conspiracy".

What these people do best is lie and deceive.
 Quoting: R.P. McMurphy


Reality is, the US Economy never recovered from '08 and is in fact much worse than most of us can imagine.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Copperhead

User ID: 43973306
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07/31/2013 06:13 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


SNAP reductions starting Nov.
 Quoting: Anonymous Coward 44305466


Wait 'til the welfare recipients and the SNAP moochers find out that things on Food stamps are going to be changed drastically. No sodas, no ice cream, cakes, snacks, etc... It's all going to go towards buying fresh/frozen fruits and vegetables, milk, dairy, eggs, and meats. No sweets or junk food. I can't wait for next yr when this goes into effect. lol. The boons are gonna rise hell. Thanks Obama.
 Quoting: hawk8414


R.P. McMurphy
I'm a goddamn marvel of modern science

User ID: 39646008
United States
07/31/2013 06:14 PM

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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
You can not believe a word these people say. Everything they do and everything they say or "leak" to the media is propaganda.

Example: This morning I hear on the news how the economy is chugging along (which was the exact phrase used) but yesterday I heard unemployment was up in 365 of the largest American cities.

That means the economy is not "chugging along" by rather merely holding it's own.

Just like how all those scandals the obama administration is embroiled in are just "made-up" by hillery clinton's "vast right-wing conspiracy".

What these people do best is lie and deceive.
 Quoting: R.P. McMurphy


Exactly. They can't even "lie" it good so they have to rework the nums and redefine the terms. Then, shazzam! 0beyme saved us! Yipeeeee.

You can't even find the real unemployment rate at BLS by searching unemployment rate. You have to search LABOR UNDERUTILIZATION RATE. Then, you'll see we really have a nearly 15% UE rate.

They define GDP is also totally fucked up. They add government's spending in the total product but do NOT discount (subtract) what the government takes OUT of the economy in taxes. So the whole GDP number is bullshit!

There is NO TRUTH to anything we hear out of government - NONE! You cannot believe a god damned thing.
 Quoting: Anonymous Coward 44379707


Just like running a huge multinational corporation and fudging the books to secure the 5 billion dollar loan, and pay absolutely nothing in taxes.

And isn't this one of the things the lefties are always railing for? The evil multinational corporations?

And yet not a peep out of them over this....

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It won't necessarily be the strongest who survive, nor the most intelligent.
It will be the one most capable of adapting to the rapidly changing environment.

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