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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (125187)	10/26/2012 11:15:20 AM
From: ChinuSFO	Read Replies (1) \| Respond to of 149317

These folks in Congress, Rush Limbaugh etc. have been rooting for the US to fail. Unfortunately they have convinced some that it is. Those with a pea brain can easily see that it is on an upward trajectory albeit slowly which is very good. If it spikes, then it is sure to have a hard landing.

To: tejek who wrote (125187)	10/26/2012 1:44:01 PM
From: Joe NYC	1 Recommendation Read Replies (1) \| Respond to of 149317

And Q3 comes in at 2%.........what say you now: I am glad that it is above the Q2 rate of 1.3%. But 2% is no picnic. Average growth rate of the economy is 3.25% according to BEA. Which means that to get to the average after recessions, the recovery growth rate needs to be much higher than 3.25%. So far this year, we have 2%, 1.3% and 2%. That averages to 1.77%. If this was a real recovery, we would be growing at 4% or higher. So this is no recovery.