08-01-2010, 10:03 AM | #1 |
The Dreadnoks
Join Date: September 27, 2001
Location: Orlando, FL
Age: 61
Posts: 3,608
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Double dip Recession?
And this was on MSNBC of all places. How dare them degrade the POTUS like this!
WASHINGTON — They're a minority, but a vocal one, and they're hovering like storm clouds over a brittle recovery. They're the Double Dippers — the politicians, economists and analysts who foresee back-to-back recessions. Their warnings could become self-fulfilling prophecies if they frighten enough people into holding tightly onto their wallets. With consumer spending accounting for two-thirds of economic activity, anything that further rattles consumers can undercut recovery hopes. Recent data has shown that, after growing moderately for most of the past year, the U.S. economy appears to be slowing. This was underscored by Friday's government report that U.S. economic growth slowed to 2.4 percent from April to May, down from a revised 3.7 percent in the previous quarter. Such statistics are providing more ammunition to the double dippers. http://www.msnbc.msn.com/id/38507261/ns/politics
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08-01-2010, 11:35 AM | #2 |
Mephistopheles
Join Date: March 21, 2004
Location: Cape Canaveral, FL
Age: 69
Posts: 1,444
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Re: Double dip Recession?
It was bound to happen Felix. Obama not going Left fast (or far) enough for the left-leaning media. Pretty soon we may see "really" strange bedfellows, MSNBC and Fox actually agreeing with each other!
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They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety. Benjamin Franklin (1706 - 1790), Historical Review of Pennsylvania, 1759. Iraq and Afghan fatalities: 6,855 and counting. Silence IS consent. |
08-01-2010, 11:52 AM | #3 |
Jack Burton
Join Date: May 31, 2002
Location: Ireland
Posts: 5,854
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Re: Double dip Recession?
Well, Fox never agree with him regardless of what he tries to do to appease their whacky base. I think he should stop trying the whole bipartisan thing and just go as left as he wants. Screw 'em. As I said before, they don't wanna play so, they lose.
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Still I feel like a child when I look at the moon, maybe I grew up a little too soon... |
08-01-2010, 12:30 PM | #4 | |
The Dreadnoks
Join Date: September 27, 2001
Location: Orlando, FL
Age: 61
Posts: 3,608
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Re: Double dip Recession?
Quote:
Like you said, "they don't wanna play so, they lose". Which is what happened with the bill for first responders. The Dems did not want to play, and lost, and they have majority rule! Bam!
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The Lizzie Palmer Tribute Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival and the success of liberty. John F. Kennedy 35th President of The United States The Last Shot Honor The Fallen Jesus died for our sins, and American Soldiers died for our freedom. If you don't stand behind our Soldiers, please feel free to stand in front of them. |
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08-01-2010, 01:44 PM | #5 | |
Jack Burton
Join Date: May 31, 2002
Location: Ireland
Posts: 5,854
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Re: Double dip Recession?
Quote:
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Still I feel like a child when I look at the moon, maybe I grew up a little too soon... |
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08-01-2010, 03:15 PM | #6 | |
The Dreadnoks
Join Date: September 27, 2001
Location: Orlando, FL
Age: 61
Posts: 3,608
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Re: Double dip Recession?
Quote:
What are you lost in the weeds about?
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The Lizzie Palmer Tribute Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival and the success of liberty. John F. Kennedy 35th President of The United States The Last Shot Honor The Fallen Jesus died for our sins, and American Soldiers died for our freedom. If you don't stand behind our Soldiers, please feel free to stand in front of them. Last edited by Felix The Assassin; 08-01-2010 at 03:28 PM. |
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08-01-2010, 03:28 PM | #7 |
Dracolich
Join Date: August 28, 2001
Location: Hurricane Valley
Age: 51
Posts: 3,089
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Re: Double dip Recession?
all I know is I am unemployed for the first time in my working career and it is due to outsourcing because of the coming health bill amongst other things. sooooooooo
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08-01-2010, 03:56 PM | #8 |
Drizzt Do'Urden
Join Date: April 9, 2001
Location: Massachusetts
Age: 68
Posts: 630
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Re: Double dip Recession?
Don't see it from where I am. My work is hiring and they want us to work 60 hrs/wk. Some of our work is even being farmed out. Recessions usually hit us hard, this last one almost half of the employees were laid off. They are all back (except the dead wood) and then some. There is a 300' long extension being added to the machine shop and a new 3 million dollar gantry milling machine being built to go in it.
Last edited by machinehead; 08-01-2010 at 04:01 PM. |
08-01-2010, 04:14 PM | #9 |
Xanathar Thieves Guild
Join Date: January 8, 2001
Location: Charlotte,NC
Age: 60
Posts: 4,570
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Re: Double dip Recession?
I'm out of work myself, though I blame insourcing.
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No |
08-01-2010, 04:43 PM | #10 |
Jack Burton
Join Date: May 31, 2002
Location: Ireland
Posts: 5,854
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Re: Double dip Recession?
How Chelsea Clinton's wedding ties into it.
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