U.S. economy grows at 4.8% Q-Q annualized rate

[MRT144]

and that sums up the entire useful possibilities of monorails

[TCO]

Re: Re: U.S. economy grows at 4.8% Q-Q annualized rate

Originally posted by Colonâ„¢


Yeah, yeah, yeah. Whatever. For the all boasting you've been doing about US' labour market, wages has yet to show any meaningful acceleration. Looks like the personal income and outlays data is going to show some might disaving once more.

We are better. God loves us more. Deal with it. Old European...

[One_more_turn]

2005 Third Quarter GDP growth: ~4%, crude oil price: 55 -> 70;

2005 Fourth quarter GDP growth: 1.7%, crude oil price: 70 -> 60;

2006 First quarter GDP growth: 4.8%, crude oil price: 60 -> 75.

The movement of crude oil price may indicate how fast the GDP is growing.

[Kidlicious]

Originally posted by One_more_turn
The movement of crude oil price may indicate how fast the GDP is growing.

By that account we should be in a recession.

[Kidlicious]

Originally posted by MRT144
lmao, the monorail is worthless. it only goes from seattle center (where the worlds fair happend 44 years ago) to downtown. The voters of seattle had approved an expansion but it was bungled and now it was taken away by voters.

i ride the bus here which is surprisingly good, compared to the bay area.

\

Isn't it just for tourists.

[Kidlicious]

Originally posted by MRT144
giving raises to folks will cause inflation.

Why? Other costs go up, and we see little inflation from that.

[Kidlicious]

Originally posted by Shi Huangdi
Is anyone aware of any estimates as to how much of the growth is being fueled by our deficit spending?

I don't think deficits create growth unless they are increasing.

[Zkribbler]

Deficit spending is a way of jump starting a stagnant economy...the same a borrowing is a way of financing a college degree or a new business.

The trick is that the deficit spending, the college degree or the new business must provide an economic return great enough to: (a) pay off the original borrowing; (b) pay off the interest; and (c) provide additional revenues. If not, it's a counter-productive (i.e. BAD) investment.

And it's economic suicide to finance normal day-to-day expenses via borrowing.

[Lawrence of Arabia]

Why? Other costs go up, and we see little inflation from that.

im sorry, you said you had a degree in what?

[Spiffor]

Excellent article Oerdin.

Some of what I'm reading matches well the dynamics I'm currently seeing in France. As to the graph, it's ****ing frightening.

[Lawrence of Arabia]

hey spiff, to celebrate may day we're gonna be flipping cars with french license plates in geneva tomorrow -wanna join? tgv can get you here in 3 and a half hours.

[Spiffor]

Thanks, but I'm seliing some mayflower in 6 hours from now, and then I'm going to the demo. They need me for the Commie Party.

[Lawrence of Arabia]

tu vends quoi?

[Spiffor]

Muguet


Isn't it called "Mayflower" in English?

[Lawrence of Arabia]

that looks like a lilly of the valley

maintenant je comprends pourquoi tu as de la peine a trouvé une feniaule.

faut songer à jouer de la guitare. dans la rue.