US is not doing that bad is it?
I would have put this in Jokes Thread but it's not funny.
Boosting optimism for the new year ahead, the government announced Friday that the economy in the third quarter grew at its fastest rate in nearly two years and much better than previously estimated.
Higher consumer spending was largely responsible for the economy's annual growth rate of 4.1% from July through September, the Commerce Department said. Last month, it estimated a 3.6% rate. In the second quarter the economy grew at a 2.5% annual pace.
The latest estimate of last quarter's gross domestic product — that's the value of all goods and services produced in the U.S. -- marked the first time since late 2011 that quarterly GDP growth exceeded 4%.
The last line is a killer.
I would have put this in Jokes Thread but it's not funny.
I am skeptical about USAToday.US is not doing that bad is it?
I mean your economy is growing alright!:
GDP surprise: Economy expands at 4.1% rate
Why no. As long as the government can pay people not to work.is US going that bad???
Wallace Grills Obama Advisor: If Economy’s So Great, ‘How Come Things Are So Lousy?’ | MediaiteChris Wallace grilled Obama senior advisor Dan Pfeiffer on the economy and Obamacare ahead of Tuesday night's State of the Union address.
"You talk about restoring opportunity: median household income is down, labor force participation is down, food stamps are up, poverty rate is up," Wallace said. "If things are so great, how come they're so lousy?
The annual State of the Union pageant is a hideous, dispiriting, ugly, monotonous, un-American, un-republican, anti-democratic, dreary, backward, monarchical, retch-inducing, depressing, shameful, crypto-imperial display of official self-aggrandizement and piteous toadying, a black Mass during which every unholy order of teacup totalitarian and cringing courtier gathers under the towering dome of a faux-Roman temple to listen to a speech with no content given by a man with no content, to rise and to be seated as is called for by the order of worship — it is a wonder they have not started genuflecting — with one wretched representative of their number squirreled away in some well-upholstered Washington hidey-hole in order to preserve the illusion that those gathered constitute a special class of humanity without whom we could not live.
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