Skip to comments.The Economy Shrunk 1st Quarter But Look What Our Leaders Have Been Telling Us (VIDEO)
Posted on 05/29/2014 2:16:23 PM PDT by PoloSec
The Administration reported that the economy contracted during the 1st quarter of 2014 by an annualized rate of 1%, although they had expected a
teensy-weensy growth rate of 0.1%. This is worst quarter for the U.S. economy in 3 years and remember, that economic shrinkage for two successive quarters is officially a recession.
As you would expect from an administration filled with the best and brightest minds ever, they spent the first quarter informing the citizenry of the state of the economy and communicating their efforts to get things going, right? Proven efforts like reducing taxes and the number of regulations, less intrusion in the lives of Americans, and taking a less partisan stance, too.
They either did not know, or did not care to communicate.
Browsing the Twitter feeds from Harry Reid, Nancy Pelosi, and the White House does reveal that there were economic messages that Democrats did want to communicate. There were countless Tweets on other stuff (Congrats, Seahawks!), but here are few of the things they had to say on the economy:
(See Tweets from Pelosi, Ried and others at site)
(Excerpt) Read more at ijreview.com ...
Nancy Pelosi tweets.....
“Our economic difficulties are all linked to lemurs eating the money. Lemurs.....filthy little economy ruiners. Has anyone seen my bottle?”
One more quarter and it’s officially “The Obama Recession”
Reagan ‘inherited’ 18% interest rates and double digit inflation from Carter. And turned it around the the best economic growth the country ever saw.
But but tractor production is up.
Obviously, this was the EXTREME weather.
It will ALWAYS be the weather.
Liberals, who control NOAA and the Weather channel (check who owns it) have done something even more brilliant that what Carl Rove did with the Weather Machine; they control the PERCEPTION of the weather.
Didn’t they change the way GDP is calculated last year to make the economy appear 3 percent stronger than it would have been without changing the formula?
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You may want to remember that it is impossible for a country to tax, spend, rule and regulate itself in to prosperity even so some ignorant politicians my think so. The current economy proves the point as it is not going anywhere fast!