With a shockingly low GDP for the first quarter of 2015 (.2%) the economy is virtually stagnant.
There is no sign of imminent improvement.... thus putting the WH and democrat party on alert. THIS may end up being Obama's biggest legacy of all. It will also be a millstone around the neck of Hillary's campaign.
http://blogs.wsj.com/economics/2015/04/29/economists-react-to-the-first-quarter-gdp-report-that-was-pretty-ugly/ (http://blogs.wsj.com/economics/2015/04/29/economists-react-to-the-first-quarter-gdp-report-that-was-pretty-ugly/)
Blaming this on the weather is laughable...
And even this paltry .2% will probably get adjusted lower. I think it's worse than what we are told, there seems to be manipulation in the numbers.
2015 GDP has U.S. on brink of Recession? :rolleyes:
We're in the longest running depression this Nation has ever seen, and they have the audacity to make such ludicrous claims?
I don't think historians will be so kind when exposing the truth about the Dim party of the early 21st century..
Things will not get better in the short run. With the GOP in the majority in both houses of congress the democrats will not be able to artificially stimulate the economy with additional wild ass spending. Obama's polices and regulations are now coming full circle and we are seeing the consequences. This is not good news for Hillary.
Quote from: supsalemgr on April 29, 2015, 12:04:23 PM
Things will not get better in the short run. With the GOP in the majority in both houses of congress the democrats will not be able to artificially stimulate the economy with additional wild ass spending. Obama's polices and regulations are now coming full circle and we are seeing the consequences. This is not good news for Hillary.
Very true, bro.. Hillary faces big hurdles ahead!
If dot-gov were to use honest and unbiased data and calculations, we never truly got out of the 2008 recession.