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

    8 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

    10 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

    9 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

    9 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

    9 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-VAR_AD
  


 
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

    9 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

    8 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

    13 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

    7 persons like this.


   

 

B-G1


 
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

    6 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

    7 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"



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

Ginsburg: Calls for me to retire ‘misguided’
The Hill (Washington, D.C.), by Peter Sullivan    Original Article
Posted By: Scottyboy- 9/23/2014 5:02:39 PM     Post Reply
Supreme Court Justice Ruth Bader Ginsburg said those pushing for her to retire are “misguided,” arguing that President Obama could not appoint a similar replacement to the bench in an interview published Tuesday. Ginsburg, at 81, is the oldest member of the Court. Some on the left have suggested that she might retire while Obama is in office, to guarantee that a Democratic president could appoint her successor. Ginsburg has said before that she is "likely to remain for a while," but offered insight on her reasoning in an interview with Elle magazine. "[A]nybody who thinks that if I step

   

 



 
Activists plan to shut
down NY stock exchange
CNN, by Ben Rooney    Original Article
Posted By: Scottyboy- 9/22/2014 10:28:28 AM     Post Reply
Hundreds of environmentalists plan to "shut down" the New York Stock Exchange later Tuesday to protest the relationship between global warming and Big Business. Scores of protesters had already gathered in lower Manhattan early Tuesday for an event dubbed #FloodWallStreet. They planned to march a few blocks north to Wall Street and stage a "sit-in" until forced to leave. Their beef: the fossil fuels industry and other companies are profiting at the expense of the environment. The activists said they were willing to be arrested to drive home the link between global capitalism and worsening climate change.

Obama tries Reagan touch
on economy, but wages weigh
Reuters, by Jason Lange and Roberta Rampton    Original Article
Posted By: Scottyboy- 9/22/2014 10:03:43 AM     Post Reply
President Barack Obama, stumping for the Democrats ahead of November´s congressional elections, has twice invoked Ronald Reagan´s seminal campaign question: "Are you better off than you were four years ago?" Framing the debate like that helped Reagan twice - in 1980 when he beat incumbent Jimmy Carter, and then again in 1984 when he won re-election during an economic upswing. But a similar message has failed to resonate for Obama primarily for one reason: while he stresses the economy has improved in almost every aspect on his watch, average family incomes have slipped. Between 2009 when Obama took office

Islamic State urges attacks on U.S.,
French citizens, taunts Obama
Reuters, by Yada Bayoumy    Original Article
Posted By: Scottyboy- 9/22/2014 9:48:14 AM     Post Reply
Islamic State urged its followers on Monday to attack citizens of the United States, France and other countries which have joined a coalition to destroy the militant group.(snip) Addressing Obama directly, Adnani added: "O mule of the Jews, you claimed today that America would not be drawn into a war on the ground. No, it will be drawn and dragged ... to its death, grave and destruction." Obama, who has spent much of his tenure extracting the United States from Iraq after its costly 2003 invasion and occupation, is sensitive to charges that he is being drawn into another

´Flood Wall Street´ protesters will
try to shut down Stock Exchange
New York Post, by Rebecca Harshbarger    Original Article
Posted By: Scottyboy- 9/21/2014 7:36:13 PM     Post Reply
Green activists plan to try to shut down the New York Stock Exchange on Monday as part of a “Flood Wall Street” movement. The group will be dressed in blue and meet at 9 a.m. in Battery Park to listen to speakers such as writer Naomi Klein before gathering for a mass sit-in on the steps of the exchange. The protesters will carry a 300-foot banner that says “Capitalism = Climate Chaos. Flood Wall Street.” The gathering comes after the massive People’s Climate March in Manhattan on Sunday, where tens of thousands of people marched from Columbus Circle to 34th

NYPD Officer Michael Williams killed,
8 officers hurt in police van crash
New York Daily News, by John Asbury and Emily Ngo    Original Article
Posted By: Scottyboy- 9/21/2014 6:18:54 PM     Post Reply
A NYPD officer was killed and eight other officers were injured when a police van crashed Sunday morning in the Bronx. (snip) The officers were heading to special detail for Monday´s General Assembly at the United Nations and a climate change march in Manhattan when the van crashed into the barrier. Williams was with the Police Officer Peer Program, a police spokesman said. He started with the force, in the police academy in January and graduated from in June, when he hit the streets. De Blasio and Bratton were speakers at the graduation.

26 Amazing Photos From The People’s
Climate Marches Around The World
MTV News, by Alicia Lutes    Original Article
Posted By: Scottyboy- 9/21/2014 3:50:58 PM     Post Reply
Activists and concerned citizens alike gathered in droves in New York City and across the globe on Sunday (September 21) for worldwide marches against climate change. Dubbed The People’s Climate March, thousands of people, celebrities, and political leaders made their way up and down the city streets to make their position known leading up to United Nations Secretary-General Ban Ki-moon’s climate change summit. More than 120 world leaders will gather to discuss the very real dangers that climate change possesses, and thanks to the messages in these 26 photos (and 1 video!), even those of us who could not attend can

Pope Francis calls on Muslims to
condemn extremists who ‘pervert’
religion to justify violence
Associated Press, by Lazar Semini and Nicole Winfield    Original Article
Posted By: Scottyboy- 9/21/2014 3:33:10 PM     Post Reply
Pope Francis called Sunday for Muslims and all religious leaders to condemn Islamic extremists who “pervert” religion to justify violence, as he visited Albania and held up the Balkan nation as a model for interfaith harmony for the rest of the world. “To kill in the name of God is a grave sacrilege. To discriminate in the name of God is inhuman,” Francis told representatives of Albania’s Muslim, Orthodox and Catholic communities during a half-day visit to Tirana in which he recalled the brutal persecution people of all faiths suffered under communism. Francis wept when he heard the testimony of

11 convicted and sentenced in
$3.6 million food stamp fraud
Providence Journal (RI), by Zachary Malinowski    Original Article
Posted By: Scottyboy- 9/21/2014 3:23:21 PM     Post Reply
PROVIDENCE _ Eleven people who were arrested last fall following a two-year investigation into a $3.6 million food stamp fraud scheme have been convicted of federal crimes and sentenced to prison terms. (snip) Amir Rasheed, owner of Stop & Go, a convenience store in Providence, pleaded guilty in February to conspiring to defraud the food stamp program, food stamp fraud and money laundering. He was sentenced on Friday to 18 months in federal prison and ordered to pay the government $400,000 in restitution. Karuna Mehta, the manager of Stop & Go, pleaded guilty in December to one count of conspiracy to



Most Active Articles (last 48 hours)



OBAMA: “Wherever I See Folks,
They Always Say… You’re So Great”

54 replie(s)
Gateway Pundit, by Kristinn Taylor    Original Article
Posted By: StormCnter- 9/28/2014 4:21:17 PM     Post Reply
President Obama spoke to the Congressional Black Caucus Awards Dinner in Washington, D.C. on Saturday. According to a White House transcript of the speech, Obama said the following: “All around the country, wherever I see folks, they always say, oh, Barack, we’re praying for you – boy, you’re so great; look, you got all gray hair, you looking tired. (Laughter.) We’re praying for you. Which I appreciate…” Here’s the video:(Snip for video)Obama must only be getting his feedback on the golf course as the rest of the country doesn’t think he’s so great these days. A Reuters/Ipsos poll released last week had

LA Times: ´Worst is Yet to Come´
If Ferguson Officer Not Indicted

43 replie(s)
Truth Revolt, by Bradford Thomas    Original Article
Posted By: KarenJ1- 9/29/2014 7:18:59 PM     Post Reply
The L.A. Times is warning that the “worst is yet to come” if a grand jury fails to indict white officer Darren Wilson for shooting and killing black 18-year-old Michael Brown. If the grand jury fails to indict the officer who killed Michael Brown, almost everyone here thinks things will get worse. “They’re not going to be looting next time,” said Kevin Seltzer, 30, who lives at an apartment complex near where Brown, 18, was shot. “They’re going to burn the city down.” The article highlights recent indications that the city is “far from finding peace,” including continued clashes with officers, the shooting

Wallace to Ben Carson: Wouldn’t You
Just Be Another Inexperienced Obama?

42 replie(s)
Mediaite, by Evan McMurry    Original Article
Posted By: JoniTx- 9/28/2014 5:14:07 PM     Post Reply
Fox News Sunday host Chris Wallace asked neurosurgeon and GOP novelty Ben Carson, who is very vocally teasing a presidential run, if his inexperience disqualified him from the office, especially given the results of Obama’s alleged inexperience. “After looking at Barack Obama and what’s happened with his lack of political experience over the last six years, wouldn’t putting Ben Carson in the Oval Office be akin to putting a politician in an operating room and having him perform one of your brain surgeries?” Wallace asked. Shockingly, Carson said no. “I think what is required for leadership is wisdom and the

Obama says Michael Brown’s
death in Ferguson ‘stains the
heart of black children’

42 replie(s)
Washington Times, by Dave Boyer    Original Article
Posted By: LittleHoodedMonk- 9/28/2014 7:27:09 PM     Post Reply
President Obama said the shooting death of a black teen by a white police officer last month in Ferguson, Missouri, exposed the racial divide in the American justice system that “stains the heart of black children.” Speaking at the annual Congressional Black Caucus Foundation dinner in Washington on Saturday night, Mr. Obama said the death of Michael Brown “awakened our nation” to a reality that black citizens already understood. “In too many communities around the country, a gulf of mistrust exists between local residents and law enforcement,” Mr. Obama said. “Too many young men of color feel targeted by law

Obama: ‘Most Americans’
think nation is racist

41 replie(s)
Washington Times, by Joseph Curl    Original Article
Posted By: StormCnter- 9/29/2014 4:55:30 AM     Post Reply
For President Obama, the color of a man’s skin is far more important than the content of his character. On the night when a police officer was shot in a Missouri town torn by racial strife, the president donned a shiny tuxedo to attend a ritzy black awards dinner, where he said police nationwide are to blame for community mistrust, even claiming that “most Americans” think the country is racist. Remember, when Ferguson exploded in racial rage in August, Mr. Obama chose not to curtail his 15-day vacation, spending day after day on the golf course in the white-skinned, white-wined, millionaire playground

Obama: U.S. underestimated
rise of ISIS in Iraq and Syria

38 replie(s)
CBS News, by Staff    Original Article
Posted By: mitzi- 9/28/2014 2:25:32 PM     Post Reply
The U.S. had expected the Iraqi army to do more against extremists, president says in acknowledgment of intelligence shortcomings. President Obama acknowledged that the U.S. underestimated the rise of the Islamic State of Iraq and Syria (ISIS, also called ISIL) and overestimated the ability of the Iraqi military to fend off the militant group in an interview that will air Sunday on 60 Minutes. The president was asked by 60 Minutes correspondent Steve Kroft about comments from Director of National Intelligence James Clapper, who has said the U.S. not only underestimated ISIS, it also overestimated the ability and will of the

Cornyn to PJM: Time for ‘Arguments
Within the Family… Has Passed’ If
Conservatives Want to Win Senate

38 replie(s)
PJ Media, by Bridget Johnson    Original Article
Posted By: KarenJ1- 9/29/2014 6:49:16 PM     Post Reply
WASHINGTON — The Senate’s minority whip is confident about Republicans being the majority in the 114th Congress — if conservatives can set aside differences and work to combat the massive influx of donor cash that has Democratic campaigns ahead in the money race. Only in the majority, Sen. John Cornyn (R-Texas) stresses, can conservatives make headway on tamping down overregulation, repealing and replacing Obamacare, securing the “chaotic” border, getting Keystone XL moving, and bringing civilized debate back to the upper chamber. And only by realizing the gravity of the battle for November, he argues, can Republicans relegate Harry Reid (D-Nev.)

Secret Service ´was unaware for
FOUR DAYS that man fired
rifle at White House in 2011,
leaving the Obamas furious´

33 replie(s)
Daily Mail [UK], by Sophie Jane Evans    Original Article
Posted By: Attercliffe- 9/28/2014 10:38:21 PM     Post Reply
The Secret Service was unaware for four days that a man had fired a high-powered rifle at the White House in 2011 in a ´fumbled´ response that left the Obamas furious, says a new report. Officers allegedly performed a string of security lapses after Oscar Ramiro Ortega-Hernandez shot at least seven bullets at the executive mansion in Washington from his car. At the time, President Barack Obama, his wife Michelle and their older daughter Malia were not at home, but their younger daughter Sasha and Mrs Obama´s mother, Marian Robinson, were inside. It comes as the Secret Service is facing more questions over

Obama: The Country Is Better
Off, People Just Don’t Feel It

31 replie(s)
Washington Free Beacon, by Staff    Original Article
Posted By: Desert Fox- 9/29/2014 10:10:27 AM     Post Reply
President Obama firmly believes the United States is better off now than when he took office, even though the American people cannot “feel” it. During an interview with 60 Minutes’ Steve Kroft, Obama said, “the country is definitely better off than when I came into office.” “When I came into office, our economy was in crisis,” Obama said. The president then cited lower unemployment, private sector job growth, and deficit cuts as evidence of his administration’s success. “I can put my record against any leader around the world in terms of digging ourselves out of a terrible, almost unprecedented financial crisis,” Obama said. When

Justice Department expected to ban
profiling by federal law enforcement

30 replie(s)
Washington Examiner, by Mark Flatten    Original Article
Posted By: KarenJ1- 9/28/2014 1:48:41 PM     Post Reply
The Justice Department is expected to ban profiling by federal law enforcement. Counter-terror investigators would be barred from undercover operations in mosques or other religious institutions unless there is reason to believe criminal activity is going on there, under a new policy expected within weeks. The new rules would ban profiling based on religion, ethnicity or sexual orientation and includes no exemption for national security investigations, the Los Angeles Times reports. The announcement of the new policy to crack down on law enforcement profiling was delayed for several months because of White House

White House fence-jumper made
it far deeper into building than
previously known

28 replie(s)
Washington Post, by Carol D. Leonnig    Original Article
Posted By: KarenJ1- 9/29/2014 5:02:31 PM     Post Reply
The man who jumped the White House fence this month and sprinted through the front door made it much farther into the building than previously known, overpowering one Secret Service officer and running through much of the main floor, according to three people familiar with the incident. An alarm box near the front entrance of the White House designed to alert guards to an intruder had been muted at what officers believed was a request of the usher’s office, said a Secret Service official who spoke on the condition of anonymity. The officer posted inside the front door appeared to

The Difference Between Winners and Whiners
27 replie(s)
American Spectator, by David Catron    Original Article
Posted By: MissMolly- 9/29/2014 4:59:22 AM     Post Reply
Democrats think conservatives in general, and Tea Partiers in particular, are stupid. Here’s how to reinforce that belief: Sit out the 2014 congressional elections because your favorite candidate lost his primary bid to an establishment Republican. If you live in Kansas, for example, you can suck your thumb while Democrat ringer Greg Orman beats Republican Senator Pat Roberts. If you’re a Kentucky conservative, you can stay home and b***h about Mitch while Alison “Rubberstamp” Grimes heads to Washington. If you’re in Mississippi, you can stay mad at Thad and allow Travis “no repeal” Childers to win. That’ll show those RINOs! It

   

Post Reply   Close thread 798782





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