SURPRISE! Economy SHRANK In 4Q
As voters went to the polls in November to reelect President Obama, many of them buying into his campaign rhetoric that we had finally turned the corner and things were improving, the economy was actually contracting by 0.1 percent. That is the first quarter that the economy shrank since the Great Recession technically ended. To put this in perspective, if the quarter we are currently in also shows a drop, then that technically puts us back in a recession.
Good job, people…
4 Responses to “SURPRISE! Economy SHRANK In 4Q”
Wow….so UNEXPECTED!! So, who is Obama going to blame this time? George W. Bush? Republicans? Fox News? Chinese Communists? Bueller?
The Obama voters are getting what they voted for.
… and unfortunately the rest of us are getting the bill.
Hey, where’s Ken?
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