Q1 GDP Misses Expectations, Personal Consumption Unexpectedly Dives

  • Posted by a hidden member.
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    May 26, 2011 8:31 PM GMT
    http://www.businessinsider.com/q1-gdp-revision-2011-5

    People were looking for a 2.2% print, but instead Q1 GDP came in at 1.8%, exactly as the first measure.

    What's worse, personal consumption fell to 2.2% from 2.7%, when it was expected to rise to 2.8%.

    The dollar is moving noticeably lower on the news.

    Just add it to the list of signs the economy is clearly slowing down.
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    May 26, 2011 8:41 PM GMT
    This thread is just more proof that Repubs like riddler are hoping for the economy to tank in the hopes that it will help elect a Repub president in 2012.

    How despicably unpatriotic the current Republican party is!
    HOPING FOR AMERICA TO FAIL!!!!!!
    HOPING FOR AMERICANS TO SUFFER!!!!

    Whatever happened to the Repub's 2008 claim that they put "Country First"?
    Just another Repub lie.

    THE REPUBS WILL SAY ANYTHING!!!!!!!!!!!!
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    May 26, 2011 8:48 PM GMT
    rickrick91 saidThis thread is just more proof that Repubs like riddler are hoping for the economy to tank in the hopes that it will help elect a Repub president in 2012.

    How despicably unpatriotic the current Republican party is!
    HOPING FOR AMERICA TO FAIL!!!!!!
    HOPING FOR AMERICANS TO SUFFER!!!!

    Whatever happened to the Repub's 2008 claim that they put "Country First"?
    Just another Repub lie.

    THE REPUBS WILL SAY ANYTHING!!!!!!!!!!!!


    Seriously? I mean, seriously. This is a perfectly reasonable thread topic for discussion.
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    May 26, 2011 8:57 PM GMT
    showme said
    rickrick91 saidThis thread is just more proof that Repubs like riddler are hoping for the economy to tank in the hopes that it will help elect a Repub president in 2012.

    How despicably unpatriotic the current Republican party is!
    HOPING FOR AMERICA TO FAIL!!!!!!
    HOPING FOR AMERICANS TO SUFFER!!!!

    Whatever happened to the Repub's 2008 claim that they put "Country First"?
    Just another Repub lie.

    THE REPUBS WILL SAY ANYTHING!!!!!!!!!!!!


    Seriously? I mean, seriously. This is a perfectly reasonable thread topic for discussion.




    You're very sweet - and quite naive.
    riddler didn't post this thread hoping for a "reasonable" "discussion".
    He posted it hoping he could talk down the state of the economy and spread economic fears - in the hopes of helping to elect a Repub president.
    That's why riddler posts here.
    To spread right-wing propaganda and push a pro-right-wing point of view.
    If you haven't noticed that, then you haven't been paying attention.

    Rejoicing over disappointing economic numbers, as riddler does with this thread - is really pretty disgusting.
    Especially from a party that ran on the slogan "Country First" in the last presidential election.
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    May 26, 2011 10:05 PM GMT
    rickrick91 said

    You're very sweet - and quite naive.
    riddler didn't post this thread hoping for a "reasonable" "discussion".
    He posted it hoping he could talk down the state of the economy and spread economic fears - in the hopes of helping to elect a Repub president.
    That's why riddler posts here.
    To spread right-wing propaganda and push a pro-right-wing point of view.
    If you haven't noticed that, then you haven't been paying attention.


    Ya know, I'm not a complete idiot.

    There are right wing posts that are obnoxiously partisan. But there are those that aren't. This one isn't. It could go there but didn't yet. In the few months I've been here I haven't noticed riddler being particularly obnoxious, as these things go.

    This is the only forum I participate in where the "libs" seem just as, if sometimes not more strident than, the "cons." It annoys me not to have "my" side take the higher road.