US Economy Shrinks To Almost ZERO –Obama WH Says Everything Is Fine
No, it’s NOT all fine, Mr. Obama.
The already dismal first quarter projection of just 0.7 percent GDP growth has just been reduced yet again to a paltry 0.2 percent. (a figure that many economists would indicate as ZERO growth.)
The debt is far greater, the FED has run out of options, and the Federal Government has increased in size (and cost) to levels we would have deemed impossible just a decade earlier.
The only real hope now is a dramatic shift in voter sentiment that results in an equally dramatic shift in how Washington D.C. conducts business. Namely, to get out of the way of enterprise and innovation that are the true engines of any thriving economy. America is in dire need of less regulation, lower corporate taxes, which in turn will create more REAL jobs here at home. These ideas are not new, or complicated, but for the last six-and-a-half years they have been either ignored, or even attacked by the Bigger Government solves everything mantra of the Obama era. That era is coming quickly to an end, and so too must its false and dangerous premise.
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