US Economic figures...
20/12/12 17:15![[identity profile]](https://www.dreamwidth.org/img/silk/identity/openid.png){kind=small}
johnny9fingers.livejournal.com posting in ![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
talkpoliticshttp://www.bbc.co.uk/news/business-20796835
I quote from the start of the article:
I quote from the start of the article:
The National Association of Realtors (NAR) said sales rose 5.9% to a seasonally adjusted annual rate of 5.04 million last month.
Meanwhile the economy grew faster than previously thought in the third quarter, at an annualised rate of 3.1%.
Well, someone in the Obama administration must be doing something right. And with this much growth (in comparison to the rest of the developed world, an amazing figure) I'm sure he can just drive straight off the fiscal cliff without landing too hard. I'd say he has some wriggle-room here.
(no subject)
Date: 20/12/12 17:20 (UTC)(no subject)
Date: 20/12/12 17:51 (UTC)(no subject)
Date: 20/12/12 17:55 (UTC)Even so, I reckon these figures give him some wriggle-room. This is an opinion from someone with no skin in the game, however. From a political analysis divorced from either ideology or party bias (as much as such is possible) what say you?
(no subject)
Date: 20/12/12 18:12 (UTC)(no subject)
Date: 20/12/12 18:18 (UTC)(no subject)
Date: 20/12/12 18:30 (UTC)(no subject)
Date: 20/12/12 18:38 (UTC)I'm leaning towards the opinion that even if what you say about the specific ideologies of Republicans and Democrats is entirely accurate (& I'm inclined to look on your opinions as reasonable) the context of the economy goes a long way to providing "the flop" in this bizarre game of stud poker.
(no subject)
Date: 20/12/12 19:14 (UTC)(no subject)
Date: 20/12/12 19:18 (UTC)If the stated aim is to reduce the deficit, a good economy means either method would work towards such an end. So in essence you're correct: it comes down to the kind of America folk want to see.
(no subject)
Date: 20/12/12 19:24 (UTC)This is the debate we should be having.
(no subject)
Date: 20/12/12 19:33 (UTC)(no subject)
Date: 21/12/12 03:21 (UTC)I know I'm asking a lot, but Christmas is coming, so I thought I'd ask.
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Date: 21/12/12 10:56 (UTC)(no subject)
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Date: 20/12/12 20:35 (UTC)(no subject)
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Date: 21/12/12 02:30 (UTC)(no subject)
Date: 21/12/12 13:56 (UTC)Accountancy is a terrible thing. Second after democracy.
(no subject)
Date: 21/12/12 02:35 (UTC)(no subject)
Date: 21/12/12 02:53 (UTC)You want a bit of reality? Ask people who know (http://www.peakprosperity.com/blog/david-stockman-blame-fed/62981).
(no subject)
Date: 21/12/12 12:49 (UTC)(no subject)
Date: 21/12/12 20:46 (UTC)The Japanese are actually doing what the West should start doing, spending its accumulated wealth to pay for the retiring populace. Europe is saddled with the PIIGS, a beast that won't be broken no matter how much they cinch the bridle.
This isn't going to end well, but enjoy the ride while it lasts. Oh, and dump every vestige of debt you have as quickly as you can. Seriously.
(no subject)
Date: 21/12/12 21:15 (UTC)(no subject)
Date: 21/12/12 12:37 (UTC)(no subject)
Date: 21/12/12 17:02 (UTC)(no subject)
Date: 21/12/12 20:50 (UTC)(no subject)
Date: 21/12/12 21:06 (UTC)Dyslexic people with guns. Watch out.