NEGATIVE GROWTH: ECONOMY TANKS IN FOURTH QUARTER

 

 

 

    A simple perusal of the above table will show that in 19 quarters of Obama governance there have only been 8 quarters with growth at 2% or above . That is anemic “growth” at best . Three quarters with negative growth and three quarters with growth in the 3% range . Pathetic . For a sitting president to be re-elected with this economic record is not only unprecedented but an embarrassment .

 

 

 ” The American economy has taken a nosedive.For the first time in over three years, the U.S. Gross Domestic Product shrank. Between October and December of 2012, the GDP had a negative growth of 0.1. And let’s remember that this is the same quarter where we saw the media go into hyper-drive to spin Obama’s anemic job and GDP growth into a repeat of the Roaring Twenties.”

 

   Media corruption is the obvious answer . If the MSM did their job even half a diligently in the age of Obama as they did with Bush we would all be better off . 

 

” The media is just as bad. The biggest story in our country today should be the increase in poverty and an unemployment crisis so dire our labor force has shrunk to thirty-year lows. But neither will speak of it. We do, however, know all about some idiot and his phony girlfriend. We know all about a “heckle” that didn’t happen. One wonders which is the bread and which is the circus.”

 

   We anxiously await the ” unexpected ” nature of the first quarter report for 2013 . With the tax hikes and Obamacare mandates kicking in as of January first we wager that this quarter is going to be a real winner .