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US Economy Grows At FASTEST Rate Since 2011

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Economy

http://mobile.bloomberg.com/news/2014-09-26/economy-in-u-s-expanded-4-6-in-second-quarter-most-since-2011.html

Second quarter growth for the year (April to June) was revised up to 4.6% annualized rate after a contraction of 2.1% first quarter

The 4.6% growth rate was the strongest quarterly growth the US has had since 2011

Economists estimate in the currently 3rd quarter were about to finish (July to September) weve grown approximately 3% annualized rate :coffee:

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Runway

Its because people are rushing to their nearest target to buy Cheek to Cheek

 

iNf6FqUsPCxs4.gif

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johnpe

Its because people are rushing to their nearest target to buy Cheek to Cheek

 

iNf6FqUsPCxs4.gif

MAKE IT WORK

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Economy

Obama his power :applause:

If only the EU were doing this right now :giveup: but we're too socialist

i dont think it has anything to do with Obama. The main reasons the US is growing better than Europe for instance are reasons that would still be there regardless of which party was runnig America

The US congress is extremely dysfunctional this time arond and little gets done. It has nothing to do with the Government :MANiCURE:

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Bordeciel

Obama his power :applause:

 

 

If only the EU were doing this right now :giveup: but we're too socialist

So true :kissga:

 

 

& me France we like :madge:

 

:(

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Economy

So true :kissga:

& me France we like :madge:

:(

Again Obama has changed very little in terms of economic policy. Ppl see the economy improve and assume its his doing? What has he done exactly?

The economy naturally improves after a downturn. Its part of the cycle. The only times it doesnt recover is if the Country is severely compromised financially and is forced to do Austerity (not Americas case) or if the policies implemented afterwards are REALLY bad!

But the recession corrected imbalances created during the boom years. Also the Energy boom in the US thanks to revolutionary fracking technology is helping the US big time

The US would of recovered regardless of who was in charge!!! I mean Congress this time period has done the least ever of any term!!! And people think the economy improving is Obamas doing? :roll:

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Bordeciel

No i wasn't talking about Obama here but about too many socialism in France instead of looking in USA.I don't like Obama actually but I admire the spirit of american citizen in their economy. Citizen are what's important because there are hundred millions of people that works hard and this is why I think your economy is doing well and growing fast, the spirit seems great. People wants to be independant in their work and don't wait for the governement for find them a work.

 

I don t care about Obama I don't like him, he's a overrated one and his election was a mess (no racism here from me but I feel people elected it because he was black which is so racist for me like all the publicity was for the color of his skin, ridiculous)

 

peace world

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Economy

No i wasn't talking about Obama here but about too many socialism in France instead of looking in USA.I don't like Obama actually but I admire the spirit of american citizen in their economy. Citizen are what's important because there are hundred millions of people that works hard and this is why I think your economy is doing well and growing fast, the spirit seems great. People wants to be independant in their work and don't wait for the governement for find them a work.

I don t care about Obama I don't like him, he's a overrated one and his election was a mess (no racism here from me but I feel people elected it because he was black which is so racist for me like all the publicity was for the color of his skin, ridiculous)

peace world

i think so too. Ppl liked the idea of finally having a black president so they elected him :fail:

But hes useless. He doesnt really come up with any concrete ideas and the few times he tries to come up with something its always terrible ideas that dont work but he forces the issue anyway and makes a mess of things. For example Obama care the way it works makes it that not many more Americans will get care anyway while simultaneously slowing the recovery by discouraging full-time work and raising ppls insurance premiums When i look at the dysfunction of the US Government i cringe.

My Countries Federal Government is actually pretty decent but my Provincial Government (Ontario) is a total disaster and people had the nerve to re-elect them (probably cause the leader is the first open lesbian in politics of a large jurisdiction in the world) :roll:

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Bordeciel

Obama Care was such a mess yes. In France those kind of thing work very much but in USA it seems like it just don't feel with the global spirit, it's just not american, he didn't achieve to know what his citizen wanted by trying to obligate Obama Care.

 

At the end, what makes USA still the best is the hard work of citizen and THE INNOVATION there are still number one in this, always punching technologic boundaries with the greatest and smartest scientist in the world. Sometimes when I see how the way of life is in north america I just want to go there, all seems new and always moving, always trying new stuff. That's the sign it's still a very young country which tries to make the best and rematch the limits they found before and always go further.

 

I didn't knew about your lesbian politic, i'll make some search :giggle:

 

(sorry my english is kind of bad)

 

You're in Ontario? I'm a huge fan of Canada & Alaska. Wish I'd go there!

 

But I can tell you at the end what always save economy is freedom: freedom to created, freedom to be independant, not paying a lot of taxes... entrepreneur makes the world go fine (gaga is one of those actually) cause they're active, they built stuff and they are the one that creates jobs & money. Wealth. This is why a country like France (mine) is in a very bad economic mood, entrepreneurs are threatened like they're thief or something like that :/

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Economy

Obama Care was such a mess yes. In France those kind of thing work very much but in USA it seems like it just don't feel with the global spirit, it's just not american, he didn't achieve to know what his citizen wanted by trying to obligate Obama Care.

At the end, what makes USA still the best is the hard work of citizen and THE INNOVATION there are still number one in this, always punching technologic boundaries with the greatest and smartest scientist in the world. Sometimes when I see how the way of life is in north america I just want to go there, all seems new and always moving, always trying new stuff. That's the sign it's still a very young country which tries to make the best and rematch the limits they found before and always go further.

I didn't knew about your lesbian politic, i'll make some search :giggle:

(sorry my english is kind of bad)

You're in Ontario? I'm a huge fan of Canada & Alaska. Wish I'd go there!

But I can tell you at the end what always save economy is freedom: freedom to created, freedom to be independant, not paying a lot of taxes... entrepreneur makes the world go fine (gaga is one of those actually) cause they're active, they built stuff and they are the one that creates jobs & money. Wealth. This is why a country like France (mine) is in a very bad economic mood, entrepreneurs are threatened like they're thief or something like that :/

yeah but the US is starting to become more and more socialist tho. Raising taxes for high income brackets... Obama care... High corporate taxes. This is all evidence of America slowly going towards socialism although not as much as Europe

Burger King just recently decided to move their headquarters to Canada because our Corporate taxes are lower (15% in Canada vs somewhere around 30% in the US)

And Ontarios premier "Catheline Wyin" is Lesbian yes which tbh i think is part of the only reason she won. Her Government is a mess tho

Canada is about to start having budget surpluses again, acceleratig economic growth as are other Provinces. Ontario by comparison is lagging.

Our Provincial deficit last year was larger than the Federal Governments ($13 Billion for Ontario and $10.2 Billion for Government of Canada) :awkney:

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Bordeciel

Well at least people there love homos-xuals and not kill/forbid them like in some countries. That's lame people make publicity of their skin or s-xuality but I guess that's the reverse of the medal.

 

Strange to read when I made my search that Ontario was the most important economic place in Canada :shrug: like you are the 20th economy power in the world alone.

 

What do you think make your economy lagging?

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