A Message From Lucianne  







S-G1




























ST-GC


   
 
Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google


US Economy Growing Slower
than White House Predicted

ABC News Radio, by Staff

Original Article

Posted By:Scottyboy, 8/27/2014 3:48:46 PM

(WASHINGTON) -- The U.S. economy has grown just 1.5 percent in the 2014 fiscal year -- far slower than White House projections -- while more than $500 billion of deficit spending was added to the national debt, according to projections released Wednesday by the non-partisan Congressional Budget Office. Just last month the Obama administration forecast 2.6 percent GDP growth in 2014. The CBO had some good economic news, predicting that the GDP will rebound and expand by 3.4 percent over the next two years due to increased demand for goods and services, businesses investments in new structures and equipment, improved consumer spending

Comments:
As expected

      


Post Reply  

Reply 1 - Posted by: BaseballFAn, 8/27/2014 3:53:03 PM     (No. 9983535)

"We own the economy."
-Debbie Wasserman Schultz

  Click Here if you Like this Comment

    10 persons like this.


Reply 2 - Posted by: horacer, 8/27/2014 3:57:16 PM     (No. 9983541)

2nd qtr gdp´s first adjustment will be released tomorrow. The 4.0% increase should get knocked down quite a bit.

  Click Here if you Like this Comment

    9 persons like this.


   

 

R-G1
  


 
Reply 3 - Posted by: DCGIRL, 8/27/2014 4:12:16 PM     (No. 9983563)

#2, I think the 2nd qtr GDP of 4.0% was a fabricated number. I can´t wait to see the revised number.

  Click Here if you Like this Comment

    11 persons like this.


Reply 4 - Posted by: avikingman, 8/27/2014 4:28:47 PM     (No. 9983579)

Headline should read "Dog Bites Man".

  Click Here if you Like this Comment

    10 persons like this.


Reply 5 - Posted by: Pearson365, 8/27/2014 4:43:20 PM     (No. 9983591)

"... the CBO said growth was stymied partly by “bad weather” during the cold months of spring.

Ah, a severely cold winter followed by cold months of Spring followed by an unusually cool summer in much of the country. Surely all signs of a warming US, which Obama is vowing to unconstitutionally fight with his climate agreement. Who needs economic growth when you can have climate justice.

  Click Here if you Like this Comment

    10 persons like this.


Reply 6 - Posted by: Penney, 8/27/2014 4:51:12 PM     (No. 9983599)

U.S. Economic growth worse than predicted? ...The 0bama WH must be doing their dance of joy. s/

  Click Here if you Like this Comment

    10 persons like this.


Reply 7 - Posted by: EAJ123, 8/27/2014 5:03:37 PM     (No. 9983617)

Aint that a surprise. Somedthing not as the White House predicted? What´s the matter...where is Valerie Jarret…where´s a lying Obama when you need one?

  Click Here if you Like this Comment

    8 persons like this.


   

 

R-TA-Wide
  


 
Reply 8 - Posted by: KTWO, 8/27/2014 5:11:34 PM     (No. 9983634)

2014 fiscal year ends 10/31/2014 just before the elections. Expect a total lie then, the downward revisions will be made after the voting.

I expect 3rd quarter to be revised down to 2.7% tomorrow; your Crystal Ball may disagree.

  Click Here if you Like this Comment

    10 persons like this.


Reply 9 - Posted by: Attila DiMedici, 8/27/2014 5:31:27 PM     (No. 9983667)

No, no, the headline writer misunderstood. The economy is growing exactly as the WH predicted...Yes, yes, I know you have recordings of them saying differently, but those recordings are being taken out of context. /s

  Click Here if you Like this Comment

    10 persons like this.


Reply 10 - Posted by: rochow, 8/27/2014 6:11:26 PM     (No. 9983705)

Really??? They must have forgotten to check with the first amateur since his never ending lies tell the opposite!

  Click Here if you Like this Comment

    9 persons like this.


Reply 11 - Posted by: bpl40, 8/27/2014 6:25:16 PM     (No. 9983717)

High marginal tax rates. Highest Corporate taxes in the industrialized world. Burgeoning regulatory burden. Superimposed by job killers like 0bamacare and EPA carbon rules.
Plus there is the intensely hostile attitude towards payroll creators - you didn´t build that. The Fed can´t simply throw money and grow jobs in this arid environment. The only jobs being created are government (essentially useless for wealth creation) and part time benefit less positions triggered by 0bamacare.
What we need is a complete regime change.

  Click Here if you Like this Comment

    14 persons like this.


Reply 12 - Posted by: FormerNYer, 8/27/2014 6:49:41 PM     (No. 9983730)

I´m shocked!!

I´ll bet the real number is under 2%

  Click Here if you Like this Comment

    8 persons like this.


   

 



 
Reply 13 - Posted by: strike3, 8/27/2014 7:22:02 PM     (No. 9983747)

The reality is a six year recession with no signs of ending. I don´t care how they fabricate the numbers.

  Click Here if you Like this Comment

    7 persons like this.


Reply 14 - Posted by: lylacat, 8/27/2014 7:29:31 PM     (No. 9983750)

Why isn´t anyone being punished in this administration for all their lies???

  Click Here if you Like this Comment

    6 persons like this.


Reply 15 - Posted by: Nashville, 8/27/2014 7:32:45 PM     (No. 9983754)

They only had to revise their 1st quarter
Number down 300%

  Click Here if you Like this Comment

    11 persons like this.


Reply 16 - Posted by: comstock, 8/27/2014 8:55:40 PM     (No. 9983800)

Can´t be a real article about the economy - the word "unexpectedly" doesn´t appear. In none of the comments, neither.

This is one sick economy, despite what the government tells you. A number to watch is the inventory levels. Factories are churning out goods to go into warehouses because nobody wants to (or has the money to) buy them.

  Click Here if you Like this Comment

    7 persons like this.


Reply 17 - Posted by: oh-heck, 8/27/2014 10:46:17 PM     (No. 9983888)

If you took out quantitative easing and deficit spending, then adjusted for the true rate of inflation (using food and fuel), you´d probably realize the economy contracted.

  Click Here if you Like this Comment

    8 persons like this.


   

 

R_DBL_B
  


 

Post Reply   Close thread 798782




Below, you will find ...

Most Recent Articles posted by "Scottyboy"

and

Most Active Articles (last 48 hours)




Most Recent Articles posted by "Scottyboy"



Why Is First Lady Scarce in Campaign?
Her Last Name Is Obama
New York Times, by Jackie Calmes    Original Article
Posted By: Scottyboy- 10/3/2014 11:24:48 PM     Post Reply
MILWAUKEE — She can rouse a crowd as she did here this week, connect with women and drive turnout among African-American voters. Yet despite the nail-biting closeness of state contests to decide which party will control the Senate, Michelle Obama has been largely absent from the campaign trail so far. She has her reasons, Democrats say: Mrs. Obama hates to be away from her daughters. She loathes Washington’s toxic politics. She resents Republicans for their opposition to her husband’s agenda. But she also believes some Senate Democrats have been insufficiently supportive of her own efforts to end childhood obesity.

New to Hillary Clinton´s stump
speech: Her granddaughter
CNN, by Dan Merica    Original Article
Posted By: Scottyboy- 10/2/2014 8:52:38 PM     Post Reply
Miami - Hillary Clinton rolled out a new addition to her usual stump speech geared towards women empowerment on Thursday: Her new granddaughter Charlotte. "I think my granddaughter has just as much God-given potential as a boy born in that hospital on the same day," the former Secretary of State said at the Commercial Real Estate Women Network Convention in Miami. Bill and Hillary Clinton became grandparents last week when their only daughter, Chelsea, gave birth to Charlotte Clinton Mezvinsky on Friday, Sept. 26 in New York City. Chelsea Clinton leaves hospital with baby Live from New York: It´s Baby Charlotte Hillary Clinton

Change looms for Nobel Peace
Prize as chairman risks coup
Reuters, by Alister Doyle, Blalazs Koranyi*    Original Article
Posted By: Scottyboy- 10/2/2014 8:29:59 PM     Post Reply
The head of the Nobel Peace Prize committee risks a unprecedented demotion after announcing the 2014 winner next week, part of wider changes that could both tilt the award to the right and dim chances for future U.S. presidents to win. The Nobel season of the world´s most coveted awards, each worth $1.1 million, opens on Monday with the medicine or physiology prize followed by physics, chemistry, peace and economics. The date for the literature prize has not been set. Pope Francis, U.N. Secretary-General Ban Ki-moon, ex-U.S. spy contractor Edward Snowden and Denis Mukwege, a Congolese doctor who helps rape victims, are

Peter Lumaj calls for Bridgeport
Registrar Santa Ayala to
resign over voting fraud probe
New Haven Register (CT), by Staff    Original Article
Posted By: Scottyboy- 10/1/2014 4:47:40 PM     Post Reply
Peter Lumaj, Republican candidate for Connecticut Secretary of the State, called Wednesday for Bridgeport Registrar of Voters Santa Ayala to resign over the ongoing voting fraud investigation that last week led to the arrest of her daughter, state Rep. Christina Ayala. Lumaj also called on his opponent, incumbent Secretary of the State Denise Merrill, to also demand Santa Ayala’s immediate resignation. The state Elections Enforcement Commission recommended a criminal investigation into both Ayalas in October 2013. Santa Ayala, a Democrat, has not been charged and remains on the ballot as the party nominee for the registrar seat. Her daughter, Rep.

   

 



 
Pelosi predicts 2016 Democratic sweep
CNN, by Staff    Original Article
Posted By: Scottyboy- 10/1/2014 4:31:17 PM     Post Reply
WASHINGTON — About a month from the 2014 midterm elections House Democratic Minority Leader Nancy Pelosi was already predicting a sweep for her party in the 2016 election. Referring to Republicans, Pelosi said, "Their days are numbered. I know that in two years there will be a Democratic Congress and a Democratic President." Pelosi has publicly urged former Secretary of State Hillary Clinton to run for president and said if Clinton does decide to run she would win. While she was clearly looking ahead the top House Democrat was careful not to concede the election this November. Pressed about the prediction she made

Secret Service Director to Resign
New York Times, by Michael D. Shear    Original Article
Posted By: Scottyboy- 10/1/2014 3:28:38 PM     Post Reply
WASHINGTON — Julia Pierson, the director of the Secret Service, is resigning in the wake of several security breaches, according to administration officials. The resignation came less than a day after lawmakers from both parties assailed Ms. Pierson’s leadership and said they feared for the lives of the president and others in the protection of the agency. A 30-year veteran of the Secret Service, Ms. Pierson was supposed to have been the one to repair the agency’s reputation after scandals that raised questions about a culture that gave rise to incidents involving drinking and prostitution during overseas trips.

CDC: Gay Men Represent 2
Percent Of US Population, 52
Percent Of People With HIV
CBS News, by Staff    Original Article
Posted By: Scottyboy- 10/1/2014 2:09:33 PM     Post Reply
ATLANTA - Gay, bisexual and other men who have sex with men (MSM) make up 2 percent of the U.S. population but are the group most definitively affected by HIV, with 63 percent of those newly infected by HIV representing this group. The Centers for Disease Control and Prevention’s weekly “Morbidity and Mortality” report shows that among persons newly infected with HIV in 2010, 63 percent were men who have sex with other men. Among Americans living with HIV, 52 percent were MSM – and a significant number of men with HIV are not receiving treatment. “Gay, bisexual, and other

Arkansas gun range owner
declares her business a
´Muslim-free zone´
New York Daily News, by Philip Caulfield    Original Article
Posted By: Scottyboy- 10/1/2014 1:52:29 PM     Post Reply
An Arkansas gun range owner has declared her shooting range a "Muslim-free zone," saying she refuses to cater to customers whose religion "commands" its followers to kill people. Gun Cave Indoor Shooting Range owner Jan Morgan said in an online post that she was banning Muslims out of fear that one of them might slaughter other customers. "This is not a coffee and donut shop. This is a live fire indoor shooting range," Morgan wrote in the bizarre missive, posted Sunday and reported by the Arkansas Times. "The Koran (which I have read and studied thoroughly) … contains 109 verses commanding hate, murder

Thousands of Walruses Are
Gathering on Alaska’s Shore
Time Magazine, by Jack Linshi    Original Article
Posted By: Scottyboy- 10/1/2014 12:13:06 PM     Post Reply
Nearly 35,000 walruses were discovered this month on a northwest Alaskan shore as result of being unable to find sea ice to rest upon, a problem aggravated by climate change, the National Oceanic and Atmospheric Administration (NOAA) said. The unusually massive walrus gatherings were first spotted on Sept. 13 when NOAA conducted its annual arctic marine mammal aerial survey, a spokeswoman told the Associated Press. The marine mammals use sea ice as diving platforms to hunt for food in shallow areas, or as resting points to avoid long, exhausting swims. While it is normal for sea ice to recede into

Inside the plot against
the middle class
New York Post, by Kyle Smith    Original Article
Posted By: Scottyboy- 9/28/2014 8:51:21 AM     Post Reply
Ever get the sense that the middle class is downwardly mobile, being pressed to the floor and squeezed to the limit? It’s not happening by accident. Someone is doing the squeezing: a new class of entertainment and tech plutocrats, cheered on and abetted by a priesthood of media, government and academic elites.(snip) This New Class, for instance, venerates the city and despises suburbia. They think you should feel the same way — and in innumerable magazine and newspaper pieces, they twist facts to make it sound as if America loves living in apartments and taking trains to work.

Exclusive: U.S. told Iran of intent to
strike Islamic State in Syria - source
Reuters, by Parisa Hafezi, Louis Charbonneau*    Original Article
Posted By: Scottyboy- 9/23/2014 5:39:57 PM     Post Reply
The United States informed Iran in advance of its intention to strike Islamic State militants in Syria and told Tehran that it would not target the forces of Syrian President Bashar al-Assad, a senior Iranian official told Reuters. "Iran was concerned about Assad´s position and his government being weakened in case of any action against IS (Islamic State) in Syria and brought this issue up in meetings with Americans," a senior Iranian official said on condition of anonymity. "This issue was first discussed in Geneva and then was discussed thoroughly in New York where Iran was assured that Assad and

Jim Webb Mulls 2016 run in
possible Clinton Challenge
KTRK-TV (Houston, TX), by Benjamin Siegel    Original Article
Posted By: Scottyboy- 9/23/2014 5:25:26 PM     Post Reply
Former Virginia senator Jim Webb said today he is "seriously" considering a 2016 presidential bid, and will make a decision within the next two to five months. "I am seriously looking at the possibility of running for president," Webb, a Democrat, said in an appearance at the National Press Club. "We´ve had a lot of discussions among people I respect and trust about the future of this country, and we´re going to continue to have these discussions over the next two to five months," he said. The ´Aunt Lena test´: Why Jim Webb´s great-aunt would not allow him in her



Most Active Articles (last 48 hours)



Lena Dunham: I Was Raped By
a ´Campus Republican´ In 2008

47 replie(s)
Breitbart Big Hollywood, by John Nolte    Original Article
Posted By: Dreadnought- 10/3/2014 8:29:26 PM     Post Reply
In her just-released memoir, 27 year-old "Girls" star Lena Dunham claims that as a 19 year-old Oberlin College student in Ohio, she was raped by a college Republican. In the first chapter that addresses the encounter, Dunham describes the "ill-fated evening of lovemaking" as awkward and hollow. The most sensational moment comes from the fact that "Barry" wasn´t wearing a condom. In the next chapter, Dunham backtracks with the claim that she´s an "unreliable narrator" and accuses "Barry" of rape: [I]n another essay in this book I describe a sexual encounter with a mustachioed campus Republican as the upsetting but

EXCLUSIVE: Ousted Secret Service chief
was ´sandbagged´ by ´p***ed off agents
who had had enough´ of her and thought*

41 replie(s)
Daily Mail [UK], by David Martosko    Original Article
Posted By: KarenJ1- 10/2/2014 9:11:57 PM     Post Reply
A recently retired Secret Service agent told MailOnline on Thursday that former director Julia Pierson´s resignation will be welcomed by the agency´s rank-and-file because ´people in the service thought she was a joke from Day One.´ He attributed her swift fall from grace to a cadre of ´p***ed off agents who had had enough´ of feeling disrespected by the service´s first female director. ´Putting her in charge was part of the [Obama] administration´s push to feminize the service after the "hookergate" nightmare,´ the agent said, referring to agents who were fired after patronizing prostitutes during a security-check trip to Colombia

The Case for Panic
31 replie(s)
Washington Free Beacon, by Matthew Continetti    Original Article
Posted By: StormCnter- 10/3/2014 5:27:33 AM     Post Reply
Deadly, irrational, and determined, the intruder snuck across a weakened perimeter. Eluding capture, the intruder was detained only after missteps and close calls. The spin began soon after the threat was isolated. Information was selectively leaked. Half-truths and untruths were uttered. Responsibility was avoided; privileges and credentials asserted; authority reasserted. Trust us. Remain calm. Don’t panic. This is the template of recent events. A mental case jumps the White House fence. He makes it to the East Room before he’s tackled by an off-duty Secret Service agent. Initial statements turn out to be misleading or false. We discover that lapses in

28 words that Democrats
really wish President Obama
didn’t say today

26 replie(s)
Washington Post, by Chris Cillizza    Original Article
Posted By: Dreadnought- 10/2/2014 10:48:52 PM     Post Reply
President Obama was at Northwestern University on Thursday to deliver an economic speech that, he and his team hoped, would lay out the case for why the public is better off today than they were six years ago -- even if they didn´t feel it in their everday lives. Instead, Obama just gave every Republican ad-maker in the country more fodder for negative ads linking Democratic candidates to him. Here are the four sentences that will draw all of the attention (they come more than two thirds of the way through the speech): "I am not on the ballot this

The View looking to add cool-down room
for the ladies after Whoopi Goldberg and
Rosie O´Donnell come to blows in front
of studio audience

25 replie(s)
Daily Mail [UK], by Chris Spargo    Original Article
Posted By: KarenJ1- 10/2/2014 10:52:17 AM     Post Reply
A recent fight between Rosie O´Donnell and Whoopi Goldberg has producers at The View looking to add a cool-down room for the ladies. After being cut off by Goldberg during an episode last week so the show could go to commercial, O´Donnell began to express how upset she was and, after being told repeatedly by Goldberg it was not the right time to have that discussion, eventually got cursed out by the Oscar winner. Goldberg told O´Donnell, ´F*** it, I told you to leave it alone and you just don´t want to listen. If you want to go there Rosie,

Mitt Romney and 2016:
Could It Be True?

25 replie(s)
ABC News, by Alana Abramson    Original Article
Posted By: Desert Fox- 10/2/2014 1:46:59 PM     Post Reply
A presidential defeat isn’t an easy thing to bounce back from. And Mitt Romney did it twice. So it was understandable that after he lost the presidential race in 2012, he was adamant about closing the door to the possibility of a third campaign. But recently, speculation is whirling that Romney may not be so adamant anymore. When asked if he was running in a New York Times interview published earlier this week, Romney said : “I have nothing to add to the story. We’ve got a lot of people looking at the race,” he said. “We’ll see what happens.” That response, which

Meghan McCain on Secret
Service: ´I hated all of them´

24 replie(s)
The Hill (Washington DC), by Judy Kurtz    Original Article
Posted By: JoniTx- 10/3/2014 12:30:44 AM     Post Reply
Meghan McCain joined the dog pile on the Secret Service this week, saying she’s had “nothing but horrible experiences" with the agency and likening the agents to “glorified mall cops.” The 29-year-old author and television personality, who is also the daughter of former GOP presidential candidate Sen. John McCain (R-Ariz.), opened up on Pivot’s “TakePart Live” about some of her interactions with the Secret Service. "I have nothing but horrible experiences with the Secret Service,” McCain said. “One of my friends called them glorified mall cops and I don´t think that´s terribly far off. I found them cliquey. I hated

Some Blacks See Secret Service
as Flawed Shield for the President

23 replie(s)
New York Times, by Peter Baker    Original Article
Posted By: KarenJ1- 10/3/2014 12:16:43 PM     Post Reply
WASHINGTON — Representative Elijah E. Cummings of Maryland was at the grocery store the other day when he ran into an elderly black woman who expressed growing concern about President Obama’s safety. Why, she asked, wasn’t he being better protected by his Secret Service agents? The furor that led to this week’s resignation of the director of the Secret Service resonated deeply among blacks, outraged that those supposed to be guarding the first black president were somehow falling down on the job — and suspicious even without evidence that it may be deliberate. “It is something that is widespread in

White House says it has
Ebola virus under control

23 replie(s)
The Hill [Washington, DC], by Sarah Ferris    Original Article
Posted By: KarenJ1- 10/3/2014 6:55:38 PM     Post Reply
Top White House officials on Friday worked to reassure the American public that the national response to Ebola is under control. Leaders of the country’s health, defense and military branches stressed that they are taking the right steps to contain the spread of the deadly virus, which was first diagnosed in the U.S. on Tuesday. Top White House officials on Friday worked to reassure the American public that the national response to Ebola is under control. Leaders of the country’s health, defense and military branches stressed that they are taking the right steps to contain the spread of the deadly virus, which

California’s next big political fight:
Plastic grocery bags

22 replie(s)
Washington Post, by Reid Wilson    Original Article
Posted By: garnet- 10/3/2014 9:19:26 AM     Post Reply
Go to a grocery store in California and buy all the milk, eggs and vegetables you want. But there’s one thing you won’t find at the checkout line, beginning July 1, 2015: Plastic bags to carry your stuff home. Gov. Jerry Brown (D) on Tuesday signed into law a ban on single-use plastic bags, making California the first state to prohibit stores from using the ubiquitous carry-alls. Shoppers will be charged 10 cents for every paper bag and heavy-duty plastic bag they use. “This bill is a step in the right direction,” Brown said in a press release announcing his approval. “It

Lindsey Graham Mulling White House Run
22 replie(s)
Daily Caller, by Alex Pappas    Original Article
Posted By: jackson- 10/3/2014 1:37:53 PM     Post Reply
The hawkish Republican Sen. Lindsey Graham of South Carolina says he is thinking about running for president in 2016. In an interview with Stephen Hayes of the Weekly Standard, the senator, running for re-election to the Senate this year, said: “If I get through my general election, if nobody steps up in the presidential mix, if nobody’s out there talking — me and McCain have been talking — I may just jump in to get to make these arguments,” Graham said. Graham, 59, also dismissed Florida Sen. Marco Rubio, 43, as a presidential candidate, saying he is too young. “He’s a good

Hillary Gets Tocqueville
Wrong By 100 Years

21 replie(s)
Weekly Standard, by Daniel Halper    Original Article
Posted By: Desert Fox- 10/2/2014 11:31:10 AM     Post Reply
Speaking at a Tragedy Assistance Program for Survivors event last night, Hillary Clinton decided to talk about Alexis de Tocqueville. The problem? She got it wrong -- by about a hundred years. "There´s a wonderful phrase that was first used by Alexis de Tocqueville, who came to the United States in the very early 1930s and traveled around our country," said Hillary Clinton, a probable 2016 presidential candidate. "And he was so amazed at how Americans organized themselves -- you know, coming from aristocratic Europe, which was totally top-down and hierarchical -- he couldn´t believe how many of us were joiners.

   

Post Reply   Close thread 798782



B-G1


Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google



© 2014 Lucianne.com Media Inc.

FS