Revised GDP <1% for 2016. FED talks about rate increases??

tsuke said:
ehh consumer spending is down.
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It is, alt right ban boy cuck?


Consumer spending, which makes up more than two-thirds of U.S. economic activity, rose at a brisk a 4.4 percent rate -- the fastest since the fourth quarter of 2014, instead of the previously reported 4.2 percent rate.


http://www.reuters.com/article/us-usa-economy-idUSKCN1111IB
 
Legion Troll said:
It is, alt right ban boy cuck?


Consumer spending, which makes up more than two-thirds of U.S. economic activity, rose at a brisk a 4.4 percent rate -- the fastest since the fourth quarter of 2014, instead of the previously reported 4.2 percent rate.


http://www.reuters.com/article/us-usa-economy-idUSKCN1111IB
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that is one crazy article..it's all over the place in it's forecast.
 
anatta said:
what do think is the reason for crappy GDP growth?
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As per usual.... Government over-regulation, over-spending, over-taxing, over-reaching its authority. Why invest in anything when Big Brother is looking over your shoulder and micro-managing every thing you touch? Free Shit....really ain't free. The duty of a "referee" is to make sure the game is played fairly among the designated players...not to suit up and play for one team or the other and still claim to be the fair and just "referee". I am still looking for the constitutional authority granted a POTUS to fire any private sector CEO...the way Obama fired the chief at General Motors....Rick Wagoner. Talk about "over-reach". And some still have the audacity to ask why the economy is so crappy with the greatest reduction in the labor force in the past 50 years? Could it be.....LIBERAL POLICIES and the fact that a "community organizer" has self professed to being the chief economist in this nation?
 
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Ralph said:
As per usual.... Government over-regulation, over-spending, over-taxing, over-reaching its authority. Why invest in anything when Big Brother is looking over your shoulder and micro-managing every thing you touch? Free Shit....really ain't free. The duty of a "referee" is to make sure the game is played fairly among the designated players...not to suit up and play for one team or the other and still claim to be the fair and just "referee". I am still looking for the constitutional authority granted a POTUS to fire any private sector CEO...the way Obama fired the chief at General Motors....Rick Wagoner. Talk about "over-reach". And some still have the audacity to ask why the economy is so crappy with the greatest reduction in the labor force in the past 50 years? Could it be.....LIBERAL POLICIES and the fact that a "community organizer" has self professed to being the chief economist in this nation?
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Okay Ralphie boy. But will you rise up?
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Racistguy said:
Gov't spending not consumer. Why it's factored as a positive in gdp I'll never understand. It's a negative and a huge one.
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Are all alt rightists stupid, or liars?

Gross domestic product expanded at a 1.1 percent annual rate, the Commerce Department said on Friday in its second estimate of GDP. That was modestly down from the 1.2 percent rate it reported last month and also reflected more imports than previously estimated as well as weak government spending.

http://www.reuters.com/article/us-usa-economy-idUSKCN1111IB
 
cawacko said:
How long can they keep rates this low? Money isn't free. Inflation will hit at some point
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They cannot and will not raise rates. They can't tell that they won't but they have ZERO intention of raising them.

They don't worry about inflation because they just change the way it is calculated.

Want proof? Look at Japan and other countries that have gone to negative interest rates and now are even buying corporate debt.

Will it all come crashing down some day? Economics and logic dictate that it must. But who really knows.

But you can bank on this, Yellin will ALWAYS have an excuse not to raise rates. You may not be able to take your money to the bank but you can take that to the bank
 
Leon is a troll/simpleton so to him all regulations are good and there are never enough. There's zero nuance and results don't matter.
 
cawacko said:
Leon is a troll/simpleton so to him all regulations are good and there are never enough. There's zero nuance and results don't matter.
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he's not alone in that thinking...
I swear it's become Democratic mainstream "regs protect us" mindlessness at work.
 
When in history have tax cuts ever had a positive effect on economic growth? Why do people buy that hook, line, and sinker when there's zero evidence for it? The GOP keeps cutting and cutting everywhere, and they get nothing for it. Just look at Kansas, a wreck. I'll take no tax cuts, thankyou very much. Don't destroy our economy by cutting taxes.
 
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