Thread: Gee, sure glad that's over!

Must have been that stimulus package!

Recession over? Nation's GDP rises 3.5 percent in third quarter

Bizjournals.com - ‎29 minutes ago‎

The nation's gross domestic product increased at an estimated annual rate of 3.5 percent in the third quarter, the Bureau of Economic Analysis said in an advance estimate Thursday. The data offers the strongest evidence yet that the recession that ...



US economy returns to growth

Los Angeles Times - Don Lee - ‎45 minutes ago‎

The GDP rose at a 3.5% annual rate in the third quarter, the government says. The White House credits the stimulus plan for the growth, which unofficially marks the end of the recession. By Don Lee Reporting from Washington - The US economy expanded at ...



Recession over? GDP grows 3.5%

Bizjournals.com - Jeff Clabaugh - ‎25 minutes ago‎

The US economy grew more than expected in the third quarter, according to the government's initial report on gross domestic product. The Commerce Department says GDP grew at an annual rate of 3.5 percent last quarter, the first positive quarterly ...



GDP Grows By 3.5%

Forbes - Joshua Zumbrun - ‎1 hour ago‎

WASHINGTON -- After a long decline, the economy is officially growing again. According to initial estimates, the economy grew by 3.5% in the third quarter of 2009. Though widely expected to be positive, the figure slightly beat expectations. ...



Economy grows in 3Q, signals end of recession

The Associated Press - Jeannine Aversa - ‎58 minutes ago‎

WASHINGTON — The economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes. It's the strongest signal yet that the economy has entered a new, though fragile, ...



WRAPUP 2-us economy grows in 3rd qtr, ending a deep slump

Reuters - Lucia Mutikani - ‎1 hour ago‎

WASHINGTON, Oct 29 (Reuters) - The US economy grew in the third quarter for the first time in more than a year as government stimulus helped lift consumer spending and home building, fueling an unexpectedly strong advance. ...



Ding, Dong, The Recession Is Dead

Forbes - Steve Schaefer - ‎2 hours ago‎

US economy expands 3.5% in best growth quarter since 2007, but the recovery is still far from robust. Wall Street was off to a good start as it looks to break a string of weak performances Thursday. The first look at third-quarter gross domestic ...

Everyone can just pick up and go back to their old jobs tomorrow.

whats really scary, is that with the market and economy now back on track within the first year of his presidency, obama now has 3 full years to bring back jobs. and if he does, he COULD go down as one of the GREATEST presidents ever! there could be a lot of conservative heads exploding.

LOL, the government puts out a press release, and you all fall for it hook, line, and sinker.

[quote name='nickcuse' date='29 October 2009 - 10:44 AM' timestamp='1256831084' post='47448']

whats really scary, is that with the market and economy now back on track within the first year of his presidency, obama now has 3 full years to bring back jobs. and if he does, he COULD go down as one of the GREATEST presidents ever! there could be a lot of conservative heads exploding.

[/quote]



I bet they already are lol

[quote name='Gypsy' date='29 October 2009 - 10:42 AM' timestamp='1256830937' post='47445']

Everyone can just pick up and go back to their old jobs tomorrow.

[/quote]



The republican talking heads are going to have to screem a little louder to keep this covered up and on the third page. Just like the Bill Clinton days when the economy was booming, the budget was being balanced, inflation and unemployeement was low, but all that was in the news was stains on a blue dress. That's why they do it.

[quote name='nickcuse' date='29 October 2009 - 10:44 AM' timestamp='1256831084' post='47448']

whats really scary, is that with the market and economy now back on track within the first year of his presidency, obama now has 3 full years to bring back jobs. and if he does, he COULD go down as one of the GREATEST presidents ever! there could be a lot of conservative heads exploding.

[/quote]



as long as my stocks explode I don't care how many heads have to be sacrificed.

[quote name='Heel31ok' date='29 October 2009 - 11:48 AM' timestamp='1256831298' post='47454']

as long as my stocks explode I don't care how many heads have to be sacrificed.

[/quote]



you know, i am REALLY pissed i didn't invest in the stock market when it was at 6k. i had a feeling it was going to bounce back fairly quickly, but i hemmed and hawed and just dicked away a really good shot at making some money.



i suppose it could still keep going up. maybe i should get in now.

[quote name='nickcuse' date='29 October 2009 - 10:50 AM' timestamp='1256831428' post='47455']

you know, i am REALLY pissed i didn't invest in the stock market when it was at 6k. i had a feeling it was going to bounce back fairly quickly, but i hemmed and hawed and just dicked away a really good shot at making some money.



i suppose it could still keep going up. maybe i should get in now.

[/quote]

all kidding aside there is another opportunity right now to the end of the year. We are in another dip and there are some bargains to be had. So if you have a little money even a small stake could give you a decent return. you need to do some research but there is still opportunity to get in fairly cheaply. I am not talking about 10's of thousands of dollars needed. There are several online services with no minimum funding requirements. That is what I did since I did not have a lot to start with.

[quote name='Pragmatist' date='29 October 2009 - 10:38 AM' timestamp='1256830690' post='47439']

Must have been that stimulus package!

[/quote]





LOL ! So says Prag from political hotwire.



You guys are so desperate to believe Obama is the cure when in fact he's the disease that's perpetuating this ONGOING and deepening recession. The stimulus had little to do with the jump and actually the cash for clunkers attributed to the increase at 26,000 per clunker charged to the American taxpayer.



Remember it's a "jobless" recovery.



http://money.cnn.com/galleries/2009/...ery/index.html