Amos, Victor of the Bush is an arrogant asshole thread and firm believer that the sky is falling:

If you do some research, you will see that the stock market usually dives near Oct. 13th every year. It is like an echo of the crash of '29.

In spite of rising oil prices, the economy is growing faster and faster, disappointing the gloom and doom Kerryites. The reason is where oil accounted for 1/3rd of our GNP during the last oil crisis, it now accounts for only 1/5 of our GNP.

The other 4/5ths of the economy is growing faster than the 1/5th related to oil is shrinking.


Now here is a link to an article with a graph of the growth of the GNP. http://research.stlouisfed.org/fred2/series/GDP/106/10yrs

You will see a slight slowdown between 1999 and 2001, before Bush took office. That was the bursting of the Internet bubble during the Clinton years.

It satrts climbing again and flattens out for a few months between 2001 and 2003. That was 9/11.

Then you will see it climbing again until it gets to about mid 2003 where it suddenly ramps up and starts growing at a faster rate. That was the effect of Bush's evil tax cuts.

Unless I missed something we are still on that faster growth rate which is steeper than anything seen during the Clinton years back to 1995.

Here is a blow up of 2000 to the present http://research.stlouisfed.org/fred2/series/GDP

Just because I report good news you have to spin it into bad news in true Kerry style,

Now instead of bitching at me about what I reported that Paul Harvey said. Why don't you call him a liar?

You can go to paulharvey.com and hear him say what I said he said.

Here is corroboration on the 4% number for the third quarter of 04:
http://www.canada.com/news/business/story.html?id=e351a7f1-9684-4ec2-96b3-6a60bec8a483

To be perfectly honest though, which I always am, there was a slowdown of .3% in July and August and .1% in September

Old Guy