• Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.

    Your voice is missing! You will need to register to get access to all the features that our community has to offer.

    We hope to see you as a part of our community soon and God Bless!

Obama's economy built on a stack of cards

M

Mexdeaf

New Member
From http://www.caintv.com/breaking-q2-gdp-growth-only-1

The Commerce Department has just announced the early estimate on GDP growth for the second quarter. Not good. It's only 1.7 percent, which is even worse than the paltry annualized growth of 2.0 percent we've been seeing throughout Obama's presidency. It gets worse: GDP growth for the first quarter, which was already downgraded from 2.4 percent to 1.8 percent, has been downgraded again to a mere 1.1 percent.
 
InTheLight

InTheLight

Well-Known Member
Site Supporter
Mexdeaf said:
From http://www.caintv.com/breaking-q2-gdp-growth-only-1

The Commerce Department has just announced the early estimate on GDP growth for the second quarter. Not good. It's only 1.7 percent, which is even worse than the paltry annualized growth of 2.0 percent we've been seeing throughout Obama's presidency. It gets worse: GDP growth for the first quarter, which was already downgraded from 2.4 percent to 1.8 percent, has been downgraded again to a mere 1.1 percent.
Click to expand...

Surely his recent shift into campaign mode focusing on jobs has got nothing to do with his advance knowledge of these anemic economic numbers, right? :BangHead:

Also, I'm sure Obama will spin the 1.7% GDP growth in the second quarter as good news since it is better than the revised downward, and re-revised downward 1.1% in the first quarter!
 
Last edited by a moderator:
R

Revmitchell

Well-Known Member
Site Supporter
He has never stopped being in campaign mode. It is a constant state of existence with him. He never leads he just campaigns. That is why he doesn't meet with Repubs he just tells them what he wants through public speeches.
 
M

Mexdeaf

New Member
Revmitchell said:
He has never stopped being in campaign mode. It is a constant state of existence with him. He never leads he just campaigns. That is why he doesn't meet with Repubs he just tells them what he wants through public speeches.
Click to expand...

I couldn't agree more. I ask my Dem friends where the leadership is and they still fawn over him. I don't get it. Must be the "King has no clothes" syndrome.
 
You must log in or register to reply here.
Top