The Economy Almost Ground to a Halt in the 4th Quarter

[Marshal Jim Duncan]

http://www.bostonherald.com/news/na...owed_to_scant_07_pct_growth_rate_last_quarter

3 points:

• Confirms that the VAST majority of recent growth was due almost entirely to the energy sector, which Obama has done nothing but hinder despite his ridiculous claims to the contrary.
• This sets up the media to blame it on Obama should HRC be the next President (or The Bern, I suppose)
• This sets up the media to blame the next President if it's a Republican

 

[poke2001]

Heard today a plausible explanation as to where all the money was going that people were spending at the pump. An contributor on CNBC stated a big portion was actually being spent on the increase in healthcare costs. While none of this would affect GDP, it explains why consumer spending hasn't changed like most analysts were predicting.

 

[JimmyBob]

Heard today a plausible explanation as to where all the money was going that people were spending at the pump. An contributor on CNBC stated a big portion was actually being spent on the increase in healthcare costs. While none of this would affect GDP, it explains why consumer spending hasn't changed like most analysts were predicting.

Which can all be explained by a "clear" definition of "analysts"; eco-gerbils with their heads up Barry's ass spewing tripe to the uninformed.