Economic Optimism Improves Under Obama
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'Zat The Same as "HOPE"?
News Buzzard wrote:From a CNN/ORC poll:
http://whotv.com/2015/04/21/cnnorc-poll-economic-optimism-hits-new-peak-under-obama/
Most of us get to keep an extra $20 in our wallets every time we fill our gas tanks. That contributes to "optimism".
Did we remember to thank Obumbles?
Why not?
.
Economy Figures "Adjusted"
US ECONOMY SHRANK AT 0.7 PERCENT RATE IN FIRST QUARTER
'Seems there's been a "hiccup" in Our National Economic Recovery.
So why can't we say, "It's the Economy, Stupid?"
.
WASHINGTON (AP) -- The U.S. economy went into reverse in the first three months of this year as a severe winter and a widening trade deficit took a harsher toll than initially estimated. The Commerce Department says the overall economy as measured by the gross domestic product contracted at an annual rate of 0.7 percent in the January-March period.
The revised figure, even weaker than the government's initial estimate of a 0.2 percent growth rate, reflects a bigger trade gap and slower consumer spending. It marked the first decline since a 2.1 percent contraction in the first three months of 2014, a slump that was also blamed on winter weather. Economists expect a rebound in the current quarter to growth of around 2 percent and expect the economy to strengthen later this year.
Read more at hosted.ap.org
'Seems there's been a "hiccup" in Our National Economic Recovery.
So why can't we say, "It's the Economy, Stupid?"
.
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