Economy Best In A Decade

Posted by | December 23, 2014 17:00 | Filed under: Economy Good News Politics Top Stories

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The economy grew 5% in the last quarter, the fastest rate in a decade.

Bolstered by robust spending among consumers and businesses alike, economic output rose at an annual rate of 5 percent during the summer months, the Commerce Department said Tuesday, a sharp revision from its earlier estimate of 3.9 percent. The advance followed a second quarter where growth reached a rate of 4.6 percent after a decline last winter that was exacerbated by particularly harsh weather.

The revision was led by an upswing in investment by businesses, a force for growth in most economic recoveries but one that has lagged in the latest rebound. Higher consumer spending and a healthier trade balance also helped. The gain makes the third quarter the strongest since the summer of 2003.

Third-Quarter G.D.P. Rose 3.5%, Lifting Hopes for U.S. EconomyOCT. 30, 2014
The upbeat data was welcomed by traders on Wall Street, lifting the Dow Jones Industrial average above 18,000 for the first time.

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Copyright 2014 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

43 responses to Economy Best In A Decade

  1. tracey marie December 23rd, 2014 at 17:02

    Thank you President Obama

  2. tracey marie December 23rd, 2014 at 18:02

    Thank you President Obama

  3. tiredoftea December 23rd, 2014 at 17:03

    Damn you, you oppressive socialist usurper!!

  4. tiredoftea December 23rd, 2014 at 18:03

    Damn you, you oppressive socialist usurper!!

  5. neworleans878 December 23rd, 2014 at 17:19

    Well, that’s it. товарищ Obama is stripped of membership and banned from all party functions. He’s a disgrace. Shun him as you would any other decadent imperialist capitalist.

  6. nola878 December 23rd, 2014 at 18:19

    Well, that’s it. товарищ Obama is stripped of membership and banned from all party functions. He’s a disgrace. Shun him as you would any other decadent imperialist capitalist.

  7. Tommy6860 December 23rd, 2014 at 17:25

    I’m tired of Obama’s crap, this all has to strop. This is all his fault and the people are tired of him! Impeach! Impeach!

    John Boehner

    • Tim Coolio December 23rd, 2014 at 19:10

      The right can’t stand it, they’re depressed because
      a black man is in the WH and everywhere they look
      they see people who don’t look like them and who are
      succeeding in this Democratic economy!

  8. Tommy6860 December 23rd, 2014 at 18:25

    I’m tired of Obama’s crap, this all has to strop. This is all his fault and the people are tired of him! Impeach! Impeach!

    John Boehner

    • Tim Coolio December 23rd, 2014 at 20:10

      The right can’t stand it, they’re depressed because
      a black man is in the WH and everywhere they look
      they see people who don’t look like them and who are
      succeeding in this Democratic economy!

  9. whatthe46 December 23rd, 2014 at 17:45

    don’t ‘cha just love it?

  10. whatthe46 December 23rd, 2014 at 18:45

    don’t ‘cha just love it?

  11. mea_mark December 23rd, 2014 at 18:44

    Now if we could only figure out a way to make sure that the people at the bottom could profit from this. Oh yeah, we can raise minimum wage, too bad there are a bunch of republicans in congress that only care about the rich.

    • Obewon December 23rd, 2014 at 20:32

      Legalize pot and grow your own money trees (☯‿☯)

      • whatthe46 December 23rd, 2014 at 20:53

        legalize it and you don’t have to buy it. you grow it, you smoke it.

        • Obewon December 23rd, 2014 at 20:57

          Not everyone has a green thumb for sinsemilla:)

          • whatthe46 December 24th, 2014 at 02:26

            see how much i know. i thought you could just put it in a pot w/ good soil and keep it watered. lol. seriously, i know nothing of growing it.

  12. mea_mark December 23rd, 2014 at 19:44

    Now if we could only figure out a way to make sure that the people at the bottom could profit from this. Oh yeah, we can raise minimum wage, too bad there are a bunch of republicans in congress that only care about the rich.

    • Obewon December 23rd, 2014 at 21:32

      Legalize pot and grow your own money trees (☯‿☯)

      • whatthe46 December 23rd, 2014 at 21:53

        legalize it and you don’t have to buy it. you grow it, you smoke it.

        • Obewon December 23rd, 2014 at 21:57

          Not everyone has a green thumb for sinsemilla:)

          • whatthe46 December 24th, 2014 at 03:26

            see how much i know. i thought you could just put it in a pot w/ good soil and keep it watered. lol. seriously, i know nothing of growing it.

  13. Tim Coolio December 23rd, 2014 at 19:08

    18,000 Dow today, I love the sound of rightwing
    heads exploding! and the
    GOP RESPONSE TO MORE GOOD NEWS:
    Yeah but,
    Benghazi!
    Accorn!
    The IRS!
    Too many vacations!
    Too many executive orders!
    Too Hawaiian
    Too Kenyan!
    Too Black!
    Middle name too Muslim!
    ….did I leave any GOP squealing points out?

    • eyelashviper December 23rd, 2014 at 19:15

      Commie, soshulist, gun grabber, anti-christ

    • neworleans878 December 23rd, 2014 at 19:27

      “Moo-chelle” is trying to tell us how our children should eat and is causing pedestrian deaths with her “let’s move” campaign!!

    • tracey marie December 23rd, 2014 at 19:46

      golfer in chief

    • Obewon December 23rd, 2014 at 20:30

      I’m taking my country back to GWB record low everything since (R)Hoover’s GD!

  14. Tim Coolio December 23rd, 2014 at 20:08

    18,000 Dow today, I love the sound of rightwing
    heads exploding! and the
    GOP RESPONSE TO MORE GOOD NEWS:
    Yeah but,
    Benghazi!
    Accorn!
    The IRS!
    Too many vacations!
    Too many executive orders!
    Too Hawaiian
    Too Kenyan!
    Too Black!
    Middle name too Muslim!
    ….did I leave any GOP squealing points out?

    • eyelashviper December 23rd, 2014 at 20:15

      Commie, soshulist, gun grabber, anti-christ

    • nola878 December 23rd, 2014 at 20:27

      “Moo-chelle” is trying to tell us how our children should eat and is causing pedestrian deaths with her “let’s move” campaign!!

    • tracey marie December 23rd, 2014 at 20:46

      golfer in chief

    • Obewon December 23rd, 2014 at 21:30

      I’m taking my country back to GWB record low everything since (R)Hoover’s GD!

  15. bizshop November 3rd, 2015 at 04:11

    The slowest recovery in history from a recession. A bounceback from a recession is always going to occur – the policies of this administration can’t stop it, only slow it.

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