The economic recovery is really coming along great. For the third time since the expansion began in June 2009, the U.S. economy suffered a setback. Don’t call it a setback. It’s a strategic retreat.
Those ‘optimistic’ estimates keep being revised.
Such declines in GDP are rare in economic expansions, pointing to the fragile nature of the current rebound. The economy hasn’t contracted in three different quarters during good times since the 1950s.
It’s the fault of the GOP. Also the weather. That’s the weakest reading since frigid winter temperatures derailed growth at the start of 2014.
We can’t have an economy with all this weather. But if we had only listened to Obama, the oceans would have stopped rising and the economy would be great.
Obama; less of a failure than previously estimated.
(Excerpt) Read more at frontpagemag.com ...
