Racetrack economy: "All me money gone ah hell!"Sho Chandra / Bloomberg:
U.S. Economy Grew 0.7% in First Quarter, Slowest in Three Years — Consumption is worst since 2009 on auto demand, utilities — Investment is bright spot, including housing and oil drilling — The U.S. economy expanded at the slowest pace in three years as weak auto sales …Jeffry Bartash / MarketWatch: U.S. economy bogs down in first quarter with slowest growth in 3 years, GDP showsLucia Mutikani / Reuters:
U.S. first-quarter growth weakest in three years as consumer spending falters
Discussion:
Eric Levitz / New York Magazine: American Economic Growth Has Slowed to a CrawlEd Morrissey / Hot Air: Gulp: First-quarter GDP sinks to lowest in three years
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Friday, April 28, 2017
Trump's Miracle Economy
Good for parasite investors, sucks hard for real people. Are the consuming sheep afraid to spend money, knowing that the economy's about to turn to shit for people who work for a living, as always happens when Republicans gain power?
Down down down down down!
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