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White House on the economy: at least it's still growing
politico ^ | 7/27/12 | DONOVAN SLACK

Posted on 07/27/2012 8:26:12 AM PDT by ColdOne

The White House chose to focus on the positive when it comes to GDP estimates released Friday.

The estimates found economic growth slowed to 1.5 percent last quarter - down from 2 percent the previous quarter and 4.1 percent in the fourth quarter of 2011 -- but the chairman

(Excerpt) Read more at politico.com ...


TOPICS: Business/Economy
KEYWORDS:
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1 posted on 07/27/2012 8:26:18 AM PDT by ColdOne
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To: ColdOne
White House on the economy: at least it's still growing

"Other than that Mrs. Lincoln, how was the play?"

2 posted on 07/27/2012 8:31:06 AM PDT by The Sons of Liberty ("Get that evil, foreign, muslim, usurping bastard out of MY White House!" FUBO GTFO!)
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To: ColdOne

I believe , given the current circumstances, that this low growth rate is the new norm and will be for a very long time.


3 posted on 07/27/2012 8:31:46 AM PDT by refermech
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To: ColdOne
These people are pathetic. The economic news is an obituary and they say "at least...." His staffers don't care; they are the highest paid in the history of this country. And, what they can't pay for, they steal, featherbed or use the power of the WH to misuse.

Were I Romney on January 21, I would order Federal Marshalls to arrest and detain any former staffer in the WH that is still there past the time of the Oath of Office. I would also bar the use of AF1 for Obama's return trip to Chicago.

4 posted on 07/27/2012 8:33:12 AM PDT by Gaffer
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To: ColdOne

the only place it’s growing is Washington D.C.


5 posted on 07/27/2012 8:35:42 AM PDT by BookmanTheJanitor
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To: Gaffer
I would also bar the use of AF1 for Obama's return trip to Chicago.

I would, however, approve of the use of AF 1 to deposit Barack and Michelle where they belong -- Havana, Caracas, Beijing...or Leavenworth.

6 posted on 07/27/2012 8:37:46 AM PDT by okie01 (The Mainstream Media: IGNORANCE ON PARADE)
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To: BookmanTheJanitor

I spent a week in Wash DC and NoVa in April.

Prosperity there is a given.

It looks totally different than the Midwest.

I’ve counseled several young grads to try and get one of those 15,000 new IRS jobs for Obamacare.


7 posted on 07/27/2012 8:38:38 AM PDT by nascarnation
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To: Gaffer

I doubt you’ll see much of Baraq in Chitown any more than you saw the Clintons in Little Rock.

He’ll be a New Yawker.


8 posted on 07/27/2012 8:41:27 AM PDT by nascarnation
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To: okie01

That man has stained the office of the presidency enough. I wouldn’t allow him to do it any longer.


9 posted on 07/27/2012 8:41:40 AM PDT by Gaffer
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To: ColdOne
"White House on the economy: at least it's still growing."


10 posted on 07/27/2012 8:44:10 AM PDT by VanDeKoik
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To: ColdOne

It is not about the 1.5% per se.

What was the initial estimate? 2.4, 2.2?

That 2Q GDP number had to be revised down repeatedly, to below 2.0, then 1.8, now it sits at 1.5, that was the reason nobody will trust whatever number they choose to put out.

Current economic numbers suck. You know it, I know it, they know it, and they know we know it.


11 posted on 07/27/2012 8:53:17 AM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: nascarnation

“He’ll be a New Yawker.”

Maybe NY state; not the city. The Commissar is carry out a successful purge of NYC’s blacks; I don’t think they’ll be welcome there (he doesn’t share power, or the spotlight). They’d be “stop-and-frisked” daily until they left; even BJ Clinton hasn’t been seen at his “office” in Harlem in a while.


12 posted on 07/27/2012 8:57:04 AM PDT by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: BookmanTheJanitor
at least it's still growing...

Now you know why the borders are open and amnesty works for him. The economy is growing, but it's not healthy.

13 posted on 07/27/2012 8:59:56 AM PDT by Loud Mime (Defeat Obama. Everything else is secondary)
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To: ColdOne

The economy right now is analogous to trying to accelerate a car with the brakes on. The “brakes” in this case would be the entire failed Obama big-government socialist agenda.

Get rid of the Kenyan Kommie and his minions and the economy will take off.


14 posted on 07/27/2012 9:00:35 AM PDT by Zman516
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To: kearnyirish2

Baraq will have to feed his massive ego and desire to be in the spotlight.

I’m thinking he’ll have a nightly 2 hr gig on PMSNBC.
Of course for the 60% of the time he’s playing golf or on vacation they can have Blowprah as a sub.


15 posted on 07/27/2012 9:01:18 AM PDT by nascarnation
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To: nascarnation

He can only be in the spotlight for carefully scripted events (which make for boring television); he has no “charisma”, just the stammering, confused babblings of an affirmative-action college freshman that just realized he’s had a sixth-grade education to prepare him for college.

I’ve seen the look, and within a month the student has dropped out - turns out they weren’t “all that”.


16 posted on 07/27/2012 9:05:42 AM PDT by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: The Sons of Liberty

Please take the time to look at this short video.

http://www.youtube-nocookie.com/embed/EW5IdwltaAc?rel=0

This is the best explanation of the problems with Congress.


17 posted on 07/27/2012 9:17:16 AM PDT by Fighter@heart (Ask The American Indian how ignoring immigration worked out for them!!! WAKE UP!!)
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To: ColdOne

18 posted on 07/27/2012 9:22:48 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
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To: ColdOne

They haven’t yet adjusted the figure which will be downward, as usual.


19 posted on 07/27/2012 9:23:19 AM PDT by winkadink (During times of universal deceit, telling the truth becomes a revolutionary act. George Orwell)
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To: ColdOne


20 posted on 07/27/2012 9:24:39 AM PDT by Iron Munro ("Jiggle the Handle for Barry!")
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