Posterizing the Democratic Party: The Winners | Main | Vid: "Robot Has Soft, Helpful Hands To Assist The Disabled"
November 27, 2007

The Deciders: Even If 3Q GDP Is Revised Up To A White-Hot 5% Growth Rate, We Could Still Be In A Recession, Soon If Not Now

Wow.

On Thursday the eggheads will revise the 3rd quarter GDP snapshot of the country's economic growth. It was preliminarily called at 3.9% -- already a pretty sizzling number -- and may be revised up to 4.5% (smokin' up your kitchen) or even 5% (inferno, grab the cash from the icebox and evacuate the premises).

The Deciders, however, are entirely unimpressed:

In normal times, a U.S. recession would be a distant prospect. The biggest piece of economic data this week is the revision of third-quarter U.S. GDP growth rate, probably to a far-from-recessionary 5%. But these are not normal times.

By "normal times" I'm pretty sure they mean "periods in which a Democratic President is in office."

Newsbusters comments:

If (emphasis "if") Thursday's actual result is 4.9% or higher, it will be the best GDP growth since the third quarter of 2003, and the second-best since the second quarter of 2000.

The second quarter of 2000? Doesn't that mean the GDP growth would be higher than at the end of Clinton's term? And the other big quarter -- the eyepopping 6+% rate in 2003 -- was also not hit during Clinton's presidency.

The economy was strong under Clinton. That is not arguable, except, I guess, by lunatics. But the lunatics in the MSM are determined to pretend that when Bush's presidency consists of quarter after quarter of solid-to-strong growth and low unemployment, we're in a fucking recession, or we are just barely dodging a recession, or we will be in a recession next week.

I don't think they've pined for anything quite as strongly except perhaps the long-anticipated Iraqi Civil War. Their longing for both demonstrates an obsession bordering on the sexual.



digg this
posted by Ace at 04:39 PM

| Access Comments




Recent Comments
Weasel: "Posted by: Under Fire at December 17, 2017 03:52 P ..."

The Walking Dude: "@295 Anon "Into the cast vs forged wars I will ..."

Under Fire: "Weasel, if you going to clear a few acres of pine, ..."

Slapweasel, (Cold1), ([b]T[/b]) [/i] [/b] [/u] [/s]: "-Posted by: CaliGirl at December 17, 2017 03:47 PM ..."

rhomboid: "CBD I really should learn/acquire dry-suit diving ..."

CaliGirl: "Thank You, Good Sir. Posted by: Slapweasel, (Cold ..."

Notsothoreau: "@116, Flax is the most interesting fiber becaus ..."

CharlieBrown'sDildo: "CBD, that would be full-wetsuit abalone diving, up ..."

Weasel: " 430 Weasel - That much ground chickens are easy, ..."

Slapweasel, (Cold1), ([b]T[/b]) [/i] [/b] [/u] [/s]: "I'd just like to thank OregonMuse again for offeri ..."

Kindltot: "looking through reviews of tomahawks remind me tha ..."

rhomboid: "Interesting about how lead is in fact farmed out o ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64