Strong 3Q signals end of recession

The economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes.

[Wishful Thinking]

Trillions of $$ brought forward to the present day will buy you an increase in the GDP. However, it is all an illusion. Jobs are being lost, hours are being reduced, and wages are being cut. Wall Street enjoys bountiful bonuses while the rest cling to their jobs in fear.

[spectatorship]

exports effect GDP, GNP

not imports (cars etc) nor outsourcing, regardless of how much money you have

our u.s. gov must not give into paparazzi's who want a nation of imports because ultimately this means no commerce or money in circulation for everyone else

reducing everyone else to spectator status LOLOLOL

[skf5]

japan with its sleak exports and new commitment to communism is making sure they link up with new markets and currency

perhaps the very innovation behind globalism

[store clerk]

This an Illusion I have sent 123 resumes and nothing, I have to limit on what I buy at the super market and I see all these people paying for their groceries with EBT cards (free food) I buy peanut butter and they buy steaks I only work 25 hours and they don't even look for a job. what do I need to be, black,brown or armenian to get these benefits I hate this system the lazy get rewarded.
this is not getting better, who is President Obama minister of PROPAGANDA?

[Hermosa Beach Trojan]

Unemployment is still rising does anyone really believe the recession is over??

[Pointing Fingers]

journalist would be better off just reporting the facts and not provide someone opinion of what the 3Q numbers mean

[Wales]

George W. Bush's recession is over. Some long for it to return, like boy Hannity.

[Shoe]

If things are improving so wonderfully then why are more and more people becoming so angry with the government? Could it be because they are tired of their intelligence being insulted? With the facts and statistics that this administration keeps putting out it is starting to sound like the Soviet Unions bull**** that was fed to their people during the cold war.

[mr smithster]

Hey Wales, did GW also cause the Brits recession, or the Germans, or the French, or China's? Bet you wanted Bush to fail in Iraq, didnt ya? Does a tripling of the deficit bother you? Or would it only bother you if Bush were in office? How many years will you keep blaming Bush for the countries troubles? Seems the above mentioned countries are all pulling out of this recession before us, Bush's fault? It was the Dems and Repubs in the banking committees that foster the rules to allow the banking system to fail. Bush was a horrible Pres, but Obama is turning out the same, all lies. Obama hasnt done squat except spend tax payer money bailing out big biz. what happened to MAIN STREET??? You are being total denial if you think Obama is any different form any other career politician.

[Vic]

Wales wrote:

George W. Bush's recession is over. Some long for it to return, like boy Hannity.

You stepping onto a land mine here, Lib. If the George W. Bush recession is over that means that Obama OWNS the economy from HERE ON! Right? No more "Bush dun it". You really sure you want to go out on that limb? Taking responsibility for ANYTHING does not seem to be the glorious leaders strong point, let along the economy. You really sure?

[LOL]

Vic wrote:

<quoted text> You stepping onto a land mine here, Lib. If the George W. Bush recession is over that means that Obama OWNS the economy from HERE ON! Right? No more "Bush dun it". You really sure you want to go out on that limb? Taking responsibility for ANYTHING does not seem to be the glorious leaders strong point, let along the economy. You really sure?

Good one Vic!

[LOL]

I think the media (most of it liberal) wants so badly to believe that things are getting better that they'll print anything that looks promising (even if it's not really real).

Maybe they can join the gov't. in printing more almost worthless US dollars?

[West Valley Dave Smith]

mr smithster wrote:

Hey Wales, did GW also cause the Brits recession, or the Germans, or the French, or China's? Bet you wanted Bush to fail in Iraq, didnt ya? Does a tripling of the deficit bother you? Or would it only bother you if Bush were in office? How many years will you keep blaming Bush for the countries troubles? Seems the above mentioned countries are all pulling out of this recession before us, Bush's fault? It was the Dems and Repubs in the banking committees that foster the rules to allow the banking system to fail. Bush was a horrible Pres, but Obama is turning out the same, all lies. Obama hasnt done squat except spend tax payer money bailing out big biz. what happened to MAIN STREET??? You are being total denial if you think Obama is any different form any other career politician.

Excellent post.

[West Valley Dave Smith]

Vic wrote:

<quoted text> You stepping onto a land mine here, Lib. If the George W. Bush recession is over that means that Obama OWNS the economy from HERE ON! Right? No more "Bush dun it". You really sure you want to go out on that limb? Taking responsibility for ANYTHING does not seem to be the glorious leaders strong point, let along the economy. You really sure?

Another excellent post.

[Daniel]

Wait until all those unfunded obligations start coming due. We are in the third inning.

[Vic]

West Valley Dave Smith wrote:

<quoted text>
Another excellent post.

It would have been even better if I could type! I have been sitting at one keyboard or another a great deal of my life and most of my posts look like their were written by someone for whom English is unknown territory.

[SoCal hostage]

Vic wrote:

<quoted text> It would have been even better if I could type! I have been sitting at one keyboard or another a great deal of my life and most of my posts look like their were written by someone for whom English is unknown territory.

That defines about 98% of Southern California. Perhaps it'll soon be 310% if the liberlas don't let the rest of us shut the floodgates.

[Vic]

SoCal hostage wrote:

<quoted text>
That defines about 98% of Southern California. Perhaps it'll soon be 310% if the liberlas don't let the rest of us shut the floodgates.

Others at least have the excuse that for them English IS a second or third language. My story is I have ten thumbs and zero co-ordination. Would you believe I manned a teletype for 8 years and this is the best I can do? Pitiful.

[Uncle Kunkel]

Vic wrote:

<quoted text> Others at least have the excuse that for them English IS a second or third language. My story is I have ten thumbs and zero co-ordination. Would you believe I manned a teletype for 8 years and this is the best I can do? Pitiful.

You're not alone. I suffer from FFMT disease (Fat Fingers Many Typos). I've been known to err on things like Los Angeles Unified Stool District, LA Pubic Library, that long word for photographers who take pictures of German movie stars - pappanazis.

[RallyMonkey]

THIS IS A PHONY STATISTIC MEANT TO MISLEAD THE FOLKS THAT THERE IS A RECOVERY. There is not !!!
Gross Domestic Product is the sum of Govt spending, Private Investment and Consumer spending.
NO consumer spending.
NO private investment
These are the two items that drive the economy and create jobs
Only Govt Spending is up and no jobs are being created.
$24,000 per clunker taxpayer cost - mor ethan the darn car was worth.
$787,000,000,000 to create 5,000 jobs (1% on anticipated) that's $15.74-Million tax cost per job created.
This is NOT cluelessness- it is a plot to intentionally destroy our economy to force a socialized Euro-communist state.