It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Reuters
* Second-quarter GDP rises 1.5 percent, slows from Q1
* Consumer spending growth slowest in a year
* Inventories rise, point to slower third-quarter growth
* Report could raise chances of further monetary stimulus
WASHINGTON, July 27 (Reuters) - U.S. economic growth slowed in the second quarter as consumers spent at their slowest pace in a year, increasing pressure on the Federal Reserve to do more to bolster the recovery.
Gross domestic product expanded at a 1.5 percent annual rate between April and June, the weakest pace of growth since the third quarter of 2011, the Commerce Department said on Friday.
stats
Here are the facts, many of which you may not remember from your American History Classes:
• There have been 56 elections in the United States Prior to the November 2012 elections
• In total there were 25 chances for an incumbent to be re-elected. (Death, and an elective no second try, are the main reasons for not having a second term)
• In total only 8 out of 25 incumbent presidents were ousted for a 68% pass rate, including FDR’s near two decade run
• Modern day (aligning with our prior research of 76 years) there were 11 chances for an incumbent to be re-elected
• In Modern day times, only Hoover, Carter and Bush Sr were willing to go a second, but “one time” presidents, making for a 73% chance pass rate.
These numbers mean nothing to me for i believe that both main parties are controlled by the same entity. One must win, let it be the one who's got more money to give and is easiest to control.
The numbers don't really mean anything to me, I've been aware that Obama hasn't done a damn thing in four years for awhile now. Unfortunately he will probably win in 2012 because I don't think many people believe Romney would/will be any better
Originally posted by seabag
reply to post by CaveCanem
These numbers mean nothing to me for i believe that both main parties are controlled by the same entity. One must win, let it be the one who's got more money to give and is easiest to control.
More money to give?
So you want more free stuff I presume?
You do realize that the money Obama gives out isn’t “Obama’money” but actually tax dollars collected by the 50% who actually pay taxes, right?
Actually, that was a rhetorical question because I know you don’t have a clue based on your response!
And you have a very poor reading comprehension and analytic intelligence is clearly not the one you were blessed with.
Originally posted by seabag
reply to post by CaveCanem
And you have a very poor reading comprehension and analytic intelligence is clearly not the one you were blessed with.
And you have lame comebacks and lack of references!
Why don’t you at least tell me something and back it up?
Yeah it does seem like propaganda
and I would love to see a different approach from Obama or anyone else in that matter, 4 years of essentially treading water didn't do anyone any good
and that is a tough question, there is something to sticking with the "devil" you know rather than the one you don't. I personally won't vote for Obama, but I don't think either of them are the best candidates for the job so it shouldn't make a huge difference either way
It means to me, that it's perfect Ron Paul campaigning season. Spread the word!
In all seriousness... Obama is dooming himself, left and right. BUT, he has 'accomplished' a lot. For good or bad, it doesn't really matter... because some how, action is viewed as success and we always want a successful president. He's an easy sale over Mitt, that is... until the name Ron Paul enters the equation!
Intrade has Obama winning, at this point. Which sounds about right. They are often a great indicator for these things. Better than the silly 'polls'.
I really hate short replies but this one does not need much elaboration. Romney has so many advantages over Obama due to his near total failure as a President except one - Mitt Romney. That is Obama's greatest benefit. If anything saves Obama this election it is Mitt Romney.
Originally posted by seabag
reply to post by stanguilles7
Intrade has Obama winning, at this point. Which sounds about right. They are often a great indicator for these things. Better than the silly 'polls'.
Sounds like more propaganda from “Intrade”. (By the way…do you have a link?)
What is your opinion, based on what I laid out in the OP?
What do we WANT MORE OF from Obama?
edit on 28-7-2012 by seabag because: (no reason given)