Originally posted by skyshow
Energy and Food isn't factored into the official inflation factors, if it were, according to a Republican (can't remember his name but he was a congressmen) testifying a few months back on C-Span, said it would be above 12%...other experts and officials say it may even be up around 20%

but the OP says we are experiencing huge growth and that liberals are telling us lies.

Your actually doing the progressive side a favor

with these crazy posts because it showcases the kind of uneducated and irrational viewpoints so prevalent amongst conservatives. Please continue to make these threads and liberal use of the word "liberal".

Originally posted by jetxnet
GroundCover, the only fact you need is the GDP growth rate. That's it.

GDP says the US economy has grown 3% this last quarter and every quarter for the last several years.

If the GDP were negative, then the US economy would not be growing and a potential recession would be possible.

Make sense - can you grasp that much?

Don't try to throw useless job and business closing info that is prevalent whether the economy is growing or not due to certain companies dominating and monopolizing the markets (i.e. Walmart, Microsoft etc.)

Bottom line, the US economy grew another 3%.

You are ill-informed and apparently too lazy to do your own research. Hope this helps:

Originally posted by aravoth

Sorry, but there isn't any point in continuing this discussion. You don't have a full understanding of the available data. Because you would not be talking like this if you did. Good night, and good luck to you.

Originally posted by jamie83

Originally posted by aravoth

Sorry, but there isn't any point in continuing this discussion. You don't have a full understanding of the available data. Because you would not be talking like this if you did. Good night, and good luck to you.

This is really an amazing thread for anybody who would like to study how the liberal mind works, or doesn't work.

It's really simple. A recession means the economy is shrinking for two consecutive quarters. The economy is NOT shrinking. The economy is GROWING at a rate of 3.3%.

And rather than acknowledge this simple fact, the liberals on this thread will do anything to hold onto their ill-informed belief that we are in a recession.

Apparently they are as gullible as the Democratic leaders must have planned for when they started this misinformation campaign to begin with.

It's really simple. A recession means the economy is shrinking for two consecutive quarters. The economy is NOT shrinking. The economy is GROWING at a rate of 3.3%.

And rather than acknowledge this simple fact, the liberals on this thread will do anything to hold onto their ill-informed belief that we are in a recession.

Originally posted by jetxnet


Pacific Sunwear - 153 Demo stores closing

-- Reason - Walmart sells clothes

Sprint Nextel - 125 retail locations to close with 4,000 employees following 5,000 layoffs last year.

-- Reason - Verizon and Alltell having most of the market share

J. C. Penney, Lowe's and Office Depot are all scaling back

-- Reason - Walmart sells everything JC Penny does and most of what Office Depot does


Wilsons the Leather Experts – closing 158 stores

-- Walmart and Target sell genuine leather coats now

Bombay Company: to close all 384 U.S.-based Bombay Company stores.

-- Walmart sells furniture and home accessories

Best Buy (Closed)

-- Walmart sells electronics

See a distrubing pattern here? Everyone shops at Walmart and when they're there - they get everything else they need.

[edit on 1-9-2008 by jetxnet]

Originally posted by aravoth
I'm pretty far from a Democrat, and I'm not even close to liberal. I'm going to come back to this thread in a a month. Just to see what political talking points you are regurgitating then.

Because companies taking over this nation is a very big concern for most LIBERALS.

Originally posted by jamie83

Originally posted by aravoth
I'm pretty far from a Democrat, and I'm not even close to liberal. I'm going to come back to this thread in a a month. Just to see what political talking points you are regurgitating then.

Whatever you are doesn't matter. I'm not regurgitating talking points. I'm copying and pasting economic data from the St. Louis Federal Reserve website.

Here's how it works. Pay attention. You might actually learn something.

You begin with a term, in this case "recession."

You then define what the term means. In this case, recession means two consecutive quarters of negative economic growth as measured by the GDP.

Next you look up the data and see if it meets the criteria. If the data fits the description, then we have a recession. if not, then we don't have a recession.

Now compare this methodology with how you and many of the liberal posters on this thread have approached this.

First, they are searching for something bad about the economy.
They decide that we are in a "recession."
Then they look up data.
Then they define the word "recession" based on the data they've found, and say, "See! I told you! We're in a recession!"

I.e., their approach is idiotic.