Posted on 02/07/2013 12:18:32 PM PST by Olog-hai
President Barack Obama has presided over the weakest multi-year economic recovery since the end of World War II, according to data from the Bureau of Economic Analysis (BEA).
Since the end of the last recession in June 2009, the economy has grown only 7.5 percent—compared with the double-digit increases the economy experience in other multi-year post-World War II growth cycles. …
(Excerpt) Read more at cnsnews.com ...
If this is a Recovery, I’d hate to see a Depression!!
Why does the lamestream media continue to call this current economic situation in this country a “recovery”? We have recovered NOTHING. There are fewer employment opportunities today than there were in January 2009, the purchasing power of the dollar is lower now than almost ever, and the “performance” of the stock market is almost exclusively a reflection of how far inflation of the money supply has progressed. The prices of goods and services shall soon follow these same sharp increases, while continuing to grow ever more scarce because of what may only be described as a contracting economy.
A body in a persistent vegetative state on life support is still a corpse in waiting, and eventually somebody is going to shut off the life support.
It is a recovery as long as the rats are in charge.
Let a repub get in power and it will be a full blown depression.
-PJ
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.