The economy

[stevenash]

Industrial production had its first quarter to quarter decline since the end of the recession in 2009.

[westend1]

Lol

[stevenash]

Am glad you were entertained by that fact.

[Mr. Buddy Garrity]

Where's the link? Was it removed? 

[stevenash]

http://www.wsj.com/articles/u-s-industrial-production-falls-in-march-1429103780?mod=rss_US_News

 

 

When I made the post, it was because I heard it this mornig on television.  But now the above is available

[77]

But Obama said it was better?

[Mr. Buddy Garrity]

@dallasnews: Texas lost jobs in March for the first time since September 2010 http://d-news.co/LKzL3 http://twitter.com/dallasnews/status/589084860343529472/photo/1

[stevenash]

Heard an interesting quote this morning and it seemed to be pretty accurate:

 

On one hand we have the world of innovators and entrepreneurs. They create the ideas and products that are boosting corporate profits to all-time highs and improving productivity. This America is a race horse.

On the other hand we have the world of government, where transfer payments are at record levels, regulation is increasing, and the benefits of new technology are being held back. This America is a dead horse.

Taken together, they create the plow horse economy.

[stevenash]

First quarter GDP comes in at 0.2%- down from 2.2% in fourth quarter

 

FIrst quarter consumer spending increased .9% vs 4.4% in fourth quarter