Skip to comments.Winter didnít derail recovery, top forecaster says
Posted on 05/13/2014 10:33:51 AM PDT by Oldeconomybuyer
The cold and wet winter set the U.S. economy back, but it didnt knock it off the rails, according to Ted Wieseman, an economist for Morgan Stanley and the winner of the April Forecaster of the Month award from MarketWatch.
The slow start to the year, with gross domestic product likely contracting in the first quarter, means growth in 2014 wont hit the 3% pace that Wieseman and many other economists had expected. In fact, the economy may grow less in 2014 than the 2.6% growth posted in 2013.
(Excerpt) Read more at marketwatch.com ...
This recovery is killing us
In other words, he is calling out the Global Warming alarmists by saying the weather had nothing to do with the current recession no one will report on.
It can’t be derailed if it’s not even on the tracks.
I’d like to know when they’re gonna stop calling 1-2% growth “recovery”.