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Re: huzzah - gdp growth stronger than expected

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 26 Oct 12 5:51 PM | 50 view(s)
Boardmark this board | The Trust Matrix 		Msg. 11056 of 54959
(This msg. is a reply to 11053 by faul)
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hi doma,

i guess you think government consumption is a wicked thing. that somehow it doesn't count.

but actually, in normal circumstances, government will contribute to consumption increases. prices have risen by more than 0%. the population expands. etc.

the contribution of government to consumption is not extravagant here.

but, as i have suggested all along, government belt-tightening has been a drag on the economy for several years. this would have been a great time to build the infrastructure of the twentieth century. instead, they have been cutting.

but using the same doctrine as obama has been employing, as the economy stabilises, government expenditure should begin to rise. so ...

i think you are just raining on the parade because you want things to be gloomy.

but actually, they are a wee bit better today. as they are in the uk, with its olympian 1% gdp growth in q3.


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The above is a reply to the following message:
Re: huzzah - gdp growth stronger than expected
By: faul in ALEA
Fri, 26 Oct 12 5:37 PM 		Msg. 11053 of 54959

"over one third, or 0.71% (compared to a deduction of -0.14% in Q2), was contributed by "Government Consumption." This was the biggest rise in government spending in 3 years..."

Massaging the figures before the election,just
wait till after the election.............!!

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