Round Up Post
Filed under: Culture of Corruption, economy, Obama Economy, Our Dear Leader, Politics
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Powerline reports on Q415 economic growth.
Gross domestic product (GDP) expanded at only a 0.7% seasonally adjusted annualized ratein the fourth quarter of last year, the Commerce Department reported today. That’s quite weak.
2015 as a whole wasn’t so good either. GDP expanded at only 2.4%, the same as in 2014. That’s called limping along. For as James Pethokoukis points out, from the end of World War II through 2005, the economy grew at an average annual rate of 3.5%.
Yup, it’s the worse recovery since the Great Depression.
From the Daily Caller: Secret Fed Docs Show Obama Misled Congress, Public During Debt Limit Crises
No real surprise here. Barry’s entire time during the Occupy the White House Golf Tour has been mainly him lying to Americans.
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