China To Surpass US Economy

thanks to you repubs if what you say is true. if not who is surprised by another lie from you raincoat man.

Poor old Squirrelly Dawg's humming "Let's Do the Time Warp. Again!"  Will someone in non-delusional mode explain to him that BUSH HASN'T BEEN PRESIDENT FOR OVER 5 YEARS!

Well, the present administration promised a fundamental change.  Thought he mean Europe, not third world. -dire

You got that right at 0.1%. Europe is expected to grow at a whopping 1.5% (Note: it takes about 3% growth to tread water employment rate-wise in the U.S.).

DESPITE setbacks to emerging markets in early 2014 and the crisis in Ukraine, the European recovery still looks intact. Across the 28-strong European Union, GDP will expand by 1.5% this year and by 2.0% in 2015, according to new forecasts from the European Commission on February 25th. Across the 18-strong euro zone GDP will rise by 1.2% in 2014 and by 1.8% in 2015.

http://www.economist.com/blogs...ropean-economy-guide

We've been limping along at 1.9 to 2 percent, at best..

Obama's plan is working.

China is claiming they will not surpass the US  this year.  Couple of reasons this could be true -- they were lying about economic progress for years, or they expect their bubble economy to burst, soon.  First may be true, communists aren't noted for reporting true economic figures. The second, also, China let some banks fail, unlike Japan 20 years ago, which let their zombie banks survive for years.  However, China is daily sending other banks two meter high stacks of currency to offset runs -- cronyism.?

Some blame the cold winter for the small US first quarter growth -- trouble is that the predicted 1.2 percent growth included the winter slowdown.  Now, its global cooling!!!!

i'm sure our economic growth has been skyrocketed by the 'do nothing congress' the regressives are so proud of it. next, dire will tell us how it's all obama's fault and the regressives have done nothing. 20 years of regressive policy.. still being forced on americans by the 'do nothing congress'.. and dire's reply 'bush isn't in office'... just wow. turns out, you can just make it up as you go, if you're a regressive.

Government action didn't end the Depression. If anything, it made the downturn last longer.  For the first two years of Obama's administration, he had complete control of the government. Blaming Congress is a poor excuse.

i know you're not gonna start up with that tired old lie, again. really?  its been proven a lie, repeatedly.. and yet.. here you are again.

For further confirmation that liberal policies are failing, simply look to the EU -- mostly left wing parties with no improvement in their nations economies.  France, with a fully socialist government, now plans to rein in expenses and cu taxes.

Dire the cowardly Frenchman exposes himself again.

Our leftie posters protested when I posted that the first quarter GDP growth was only 0.1 percent.  Well, the government revised that figure to -1 percent.  That right, the economy shrunk.

"According to numbers released by the Bureau of Economic Analysis Thursday morning, the U.S. economy shrunk quarter of 2014, the first contraction since 2011.The BEA revised an earlier GDP growth number of just .01 percent down to -1 percent. Another shrink in the second quarter would land the U.S. officially in a recession (even though it already feels like we're there)."

http://townhall.com/tipsheet/k...my-contacts-n1844851

So much for government jump starting the economy.

One quarter, does not a year make. ~direstraits

unless it's dire talking about 'liberal policy' or 'obama'.. then, one quarter is the end of life, as we know it. more doom and gloom from the party of stupid. i'm so shocked.

 A average GDP growth of 1.7 percent -- pitiful! 

funny, i quoted dire saying 'one quarter isn't that big of a deal'.. after he makes a big deal out of one quarter's reports.. now, i'm the one 'undercutting' my posts? me thinks you doth project too much!

The point is that the economy since Obama took the helm is emulating the Titanic after colliding with the iceberg.  Except, that Obama is still insisting everything is fine -- God, himself, couldn't sink this ship. 

the point is.. you tried to belittle me for quoting you and got egg on your face!

i find it hilarious!

if america were the titanic... the republican house would lock the '2nd and 3rd class citizens' in the steerage room.. so the 1% could have plenty of room in the life-rafts... all after hitting the iceberg, on purpose!

A single bad quarter may be a blip, but if we get another following that quarter we officially can call it a recession. As to using the other "R" word, if GDP growth is less than 3% per year, it ain't a recovery. Improving technology and effiency can add more than 2% GDP per year.

Yes, considering that Spring is usually a rather good quarter, we will probably see a positive number.  However, for the first two months, companies are reporting poor sales.  Treasury notes, a harbinger of economic news, are selling at a lower interest rate -- not a good sign.  When the new regulations and Obamacare requirements kick in at the end of the year, expect poor growth. 

10 year treasury trading at 240 and S&P at an all time high. 

It's an incredibly weird market right now. Not sure if the bond market or stock market has it right.