It showed that the GDP was growing slower than the rate of inflation, or to put it more simply, the money you have is losing value faster than the economy is growing.
It’s time for an updated version of that chart, since the Fed just reduced the GDP rate for Q2 2012 to 1.3%, not the 1.5% they projected back in early August.
As you can see, the economy under our Dear Leader’s regime is clearly going in the wrong direction.
This clearly is not the change most Americans were hoping for. The only sane course for American is to remove BHO from office on election day so the economy and the country can start moving the right direction on January 20, 2013.
First, let us review this chart of the Gallup tracking poll. HT to the PJ Tatler
Now the left leaning MSM/DNC has been calling the past month a “bad month” for Gov. Romney. I don’t think the word “bad” means what they think it means.
Keep in mind that this is the Gallup poll, not the historically more accurate Rasmussen poll. It is also a poll of registered voters, not likely voters. Add to that the historic trend of Gallup and most other polls over ratting Obama by several points.
Given all that, plus what is charitably called a “lackluster” recovery that is in danger of slipping back into a recession, it looks like polls, like this Gallup poll, are being carefully crafted to try and make the MSM/DNC label of a “bad month” for Gov. Romney appear to be true. Even with them cooking the books, this polls shows a challenger running dead even with an incumbent President with the election less than two months away.
Keep in mind, most polls had Jimmy Carter, the worst President of the latter half of the 2oth Century, four points ahead of Ronald Reagan at this point in the 1980 election.