Thread: Rush Limbaugh: One-Tenth of 1% Economic Growth! Ladies & gentlemen, ChiComs have Ove

The only thing for the First Family to do is to take a little vacation from this mess.
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Americans first in this magnificent country

American jobs for American workers

Fair trade, not free trade

Free Fall: GDP Plummets to 0.1 Percent

Katie Pavlich | Apr 30, 2014



New numbers show the GDP took a nose dive in the past quarter going from 2.5 percent to just 0.1 percent, prompting analysis that America could be headed for a double dip recession. More from the Wall Street Journal.

The U.S. economy slowed in the first quarter to one of the weakest paces of the five-year recovery as the frigid winter appeared to have curtailed business investment and weakness overseas hurt exports.

Gross domestic product, the broadest measure of goods and services produced across the economy, advanced at a seasonally adjusted annual rate of 0.1% in the first quarter, the Commerce Department said Wednesday. Economists surveyed by The Wall Street Journal had forecast growth at a 1.1% pace for the quarter.

High taxes, Obamacare and economic uncertainty are coming home to roost.

http://townhall.com/tipsheet/katiepa...rcent-n1831541

Free Fall: GDP Plummets to 0.1 Percent

Free Fall my ass... this is what a Democrat / RINO collapse looks like; this is almost every man, woman and child for themselves

Laura Ingraham

America in Decline:

This epic fall of America’s 140 year dominance lies squarely on the shoulders of the Establishment in both parties. There IS a trade war going on and American workers are suffering.

LISTEN to Laura discuss America falling to China as the largest economy in the world:



Establishment FAILS again: China overtaking our economy--we need to take it back

Laura Ingraham, China, rise, economy, United States

Source: Laura Ingraham

Video at the Page Link:

http://video.lauraingraham.com/-Esta...3#.U2HX5Ff7EnW

Drudge Report

CHINA TO SURPASS USA AS WORLD'S LARGEST ECONOMY THIS YEAR




China poised to pass US as world’s leading economic power - FT.com

The US is on the brink of losing its status as the world’s largest economy, and is likely to slip behind China this year, sooner than widely anticipated, according to the world’s leading statistical agencies. The US has been...

Financial Times



CHINA TO SURPASS AMERICA AS WORLD'S LARGEST ECONOMY...

U.S. growth slows drastically...

.1

City Looks To Build 'Pods' To Shelter Homeless...

House to Hold Hearing on Poverty...





http://www.drudgereport.com/

https://www.youtube.com/watch?featur...&v=TYKAbRK_wKA

RPT: China to Surpass U.S. As World’s Largest Economy



by Fox News Insider // Apr 30 2014 // 10:13pm
As seen on The Kelly File

Video at the Page Link:

China could surpass the United States as the world’s largest economy as early as this year, according to some experts.


Read more below from Bloomberg.com:

China is poised to overtake the U.S. as the world’s biggest economy earlier than expected, possibly as soon as this year, using calculations that take purchasing power into account.
China’s economy was 87 percent of the size of the U.S. in 2011, based on so-called purchasing power parity, the International Comparison Program said in a statement yesterday in Washington. The program, which involves organizations including the World Bank and United Nations, had put the figure at 43 percent in 2005.
The latest tally adds to the debate on how the world’s top two economic powers are progressing. Projecting growth rates from 2011 onwards suggests China’s size when measured in PPP may surpass the U.S. in 2014, which would be years earlier than many economists had previously estimated, according to Arvind Subramanian of the Peterson Institute for International Economics.
“There’s a symbolic element to this, to China overtaking the U.S., and that seems to be happening,” said Subramanian, a senior fellow at the Washington-based Peterson Institute. The latest data “plays to the idea that China is very big and getting bigger. It’s not to be underestimated.”
In a book published in September 2011, Subramanian estimated China became the world’s largest economy in 2010. While this was too early, the International Monetary Fund’s projections in its World Economic Outlook show China will move to the top in 2019, which is too late, he said today.

Fox Business Network’s Stuart Varney spoke with Martha MacCallum tonight about the report.
“The bottom line is they are growing very very fast, and we are not,” he said of China.
“Our failure to grow is a policy failure,” Varney said, adding that China will catch up with the U.S. very quickly in the absence of real policy changes.
Varney says the U.S. should cut taxes, cut regulation, stop spending so much money, and explore the energy resources we have.
Watch the full interview above.

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McCain: China Will Follow Putin With 'More Aggressive' Actions

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Worries Over Chinese Economy Send Dow Plummeting

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Posted in: // Stuart Varney // China // Economy

http://foxnewsinsider.com/2014/04/30...argest-economy