What ever happened to “The Summer of Recovery”?
Obama said the nation’s economy is rebounding. He wouldn’t lie. Would he?
“...weaker than feared next year and do little to bring down unemployment until at least 2013, according to new forecasts from the Federal Reserve.”
Only after El Bozo leaves office, dare we hope for a real recovery. Unfortunately, by then we will be totally bankrupt.
Weird. Barry was out today telling his union fairies that America was “rockin’ on!”
“Consumer spending, which is still the economy’s key driver, climbed at an annual pace of 2.8pc, its strongest since...”
food price inflation.
Recovery? What recovery?
“Recovery” is the new euphemism for “depression.”
folk the Fed. audit the Fed. End the Fed. Arrest the idiots that own the Fed.
You forgot — “unexpected”
I just got done reading that China and Russia quit the dollar, too. Does this mean the stock market will fall again tomorrow? Just wondering.
http://www.freerepublic.com/focus/f-news/2632229/posts
The Full Employment and Balanced Growth Act of 1978 “requires the Chairman of the Federal Reserve to connect the monetary policy with the Presidential economic policy”.
Bernanke’s QE2 is an extension of Obama’s Keynesian (Krugman-like) economic policy. Bernanke met with Obama shortly before QE2 was implemented.
In spite of the Nov. 2 mandate to stop spending, Obama backs the Fed in a mega spending spree that could very well destroy our economy.