In response to:

Bursting the Washington Bubble: The Outlook for 2013

Kirk Mac Wrote: Feb 01, 2013 6:58 AM
John, I believe that if you remove government purchases from the GDP, you will find it is flat. The gov likes to add in things like road building, bridge building, light rail, ect. This gives a false GDP. Works like the folks who have given up on looking for work, or out of unemployment don't count as unemployed anymore.
Texas Chris Wrote: Feb 01, 2013 8:06 AM
GDP is flat, or declining. Yes.
NewJAl Wrote: Feb 01, 2013 7:37 AM
Something that needs emphasis. Washington DC is thriving on taxes and borrowed money, and an alternate universe. Governments, country-wide, are straining and failing to keep a lid on spending, because they must. Less and less revenue to pay the police and everyone else.
So we go into the negative. It will come to Washington, soon, even while they do 'monetary easing', which is New Speak for printing money.
I would laugh, because I know Liberals have sunk the boat, but I, and mine, are in it, also.
NewJAl Wrote: Feb 01, 2013 7:45 AM
Certain bright spots, like N. Dakota and the fracking areas of PA are being attacked by Progressives, while their employment figures and productivity are used to make Obama look better in the eyes of the ill-informed. Those that want what Obama wants will use these figures to prop him up, but they, also, celebrate the failure of Capitalism.
Kirk Mac Wrote: Feb 01, 2013 7:48 AM
It is funny how 9 of the richest county's are around DC.
Texas Chris Wrote: Feb 01, 2013 8:07 AM
Funny ha-ha or funny like the milk may have just turned sour?

Yes, it’s that time of year again.

It’s time to hold our nose and check the diaper that we have all come to know as Obamanomics.
While rightly this review should have been completed closer to the first of the year, there were too many events in the offing that were likely to impact the...