Economy Plummets

Discussion in 'Politics' started by OldRegular, Jan 30, 2013.

  1. OldRegular

    OldRegular
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    Obama reelected in November 2012 and the economy drops from a growth of 3.1% in the 3rd quarter 2012 to -0.1 % in the 4th quarter 2012.
    http://www.pjstar.com/free/x930793247/U-S-economy-shrinks-in-4th-quarter

    Obama elected in November 2008; unemployment increases from 6.5% in october 2008 to 8.3% in February 2009.
    http://data.bls.gov/timeseries/LNS14000000

    Is there a pattern. Is business really that afraid of Obama and his Marxist philosophy? Well they should be. After increasing the national debt by ~$6 trillion dollars in 4 years he still insists there is no spending problem. And for about 6 years we have been told the man is a walking, talking genius, can think faster than the Cray supercomputer can calculate.
     
  2. OldRegular

    OldRegular
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    One more negative quarter and we are in a double dip. Of course we really have been in an Obama depression/recession for the last 4 years!
     
  3. Jedi Knight

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    Well if we let all the illegals have an early christmas.... that will fix things? Won't it?:BangHead:
     
  4. church mouse guy

    church mouse guy
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    We are going from riches to rags.
     
  5. SolaSaint

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    but it's fair:BangHead:
     
  6. OldRegular

    OldRegular
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    New jobless claims 20,000 higher than expected!
     

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