Friday, June 25, 2010

Obama's Epic Failure - GDP Edition

Quoting Politics Daily:
“Taking a closer look, the government said Friday that economic growth during the first quarter of 2010 wasn't as strong as analysts first thought, as spending by consumers was lower than earlier estimates.

The Commerce Department pushed down the previously reported 3 percent growth in the gross domestic product to 2.7 percent, a disappointment when compared to the 5.6 percent increase in GDP during the last quarter of 2009…

After the downturn in the early 1980s -- at the beginning of the Reagan years -- the economy grew at rates of 7 percent to 9 percent for five quarters in a row.”
Click the image & read the rest:
Click the image & read the rest
Earth to Obama:
Your so-called “Stimulus” is AN EPIC FAILURE!
Click here for more on Obama’s Epic Failure.

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