Disclose.tv

lisakitty · **Joined:** Thu May 07, 2009 11:38 pm **Posts:** 504

Okay, so the third Quarter GDP growth, is at 3.5%, and do we know why it is at this number? I can tell you that, because of the cash for clunkers, and the first time home buyer tax credit incentive, this number is a lot higher, than it would have been, without this government infusion.
The sad thing is that some people are being fooled into believing, that the recession is recovering, when it clearly is not. There still isn't enough jobs, for the millions of jobless people out there, who are relying on their unemployment benefits, which is only a third of what they normally earned, while they were working, and when the benefits come to an end for a lot of those people, and congress stops extending these benefits, the GDP number is going to start dropping, lower and lower.
So, what do you think will happen, when there is no more stimulus money, to keep the economy from totally collapsing? I don't think that the remaining people, who are still employed, will be able to keep it from falling.

lisakitty · **Joined:** Thu May 07, 2009 11:38 pm **Posts:** 504

UPDATE ...... The media reported that the GDP growth, was from the Cash for clunkers stimulus, and the first time home buyer's tax credit. Don't you just love it, when they contradict themselves, on a daily basis.
Real news? .... There is no real news, unless you spend time looking for it, at alternative news sites.
The lenders, including the Federal Reserve private bankers, got us into this mess, so they should all be fired and then, be put on trial for causing a housing bubble that eventually burst, which then caused the recession / depression.

Topics		Author	Replies	Views	Last post
{ RELATED_TOPICS }
	NO DOUBT ABOUT IT, ANOTHER PATSY, CIA SCUMBAG. [ Go to page: 1 ... 5, 6, 7 ]	LowSix	63	1145	Fri Jan 01, 2010 5:11 am proto
	Operation Northwoods: Should prove 9/11 without a doubt	realorfake	4	313	Tue Jan 05, 2010 1:58 am jetxvii
	THE TOP 40 REASONS TO DOUBT THE OFFICIAL STORY OF 9/11 [ Go to page: 1, 2, 3 ]	gloomylunatic	20	642	Fri May 14, 2010 3:37 am gloomylunatic
	Is this a cause of world recession?	nuada	2	88	Wed Jun 10, 2009 2:43 pm nuada
	PMs Advisor: Recession? You've never had it So Good!	2020vision	0	102	Fri Nov 19, 2010 9:21 am 2020vision

Disclose.tv

Sub Navigation Links

Recession Over? I Seriously Doubt That.