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Comments     Threshold


RE: strange
By maugrimtr on 4/12/2013 8:51:28 AM , Rating: 2
Debatable. It is stagnant. A paltry 2.3% growth is not mending. When Reagan inherited Carter's mess, his plans caused triple the growth than what his happening under Obama.

A "paltry" 2.3% growth is considered pretty amazing unless you're an emerging market... The EU is flatlining with some member states in technical recession. The EU went a bit too nuts on austerity which has led to a pretty dramatic increase in unemployment (and given their social welfare practices, have been effectively wrecking their economies by swapping tax income for social expenses). I know my fellow Irish compatriots would kill for your paltry growth...

More likely due to the fact that people have stopped looking for work, so the numbers are fudged making it look like, hey, less people are looking for work, so that means we have gains in employment. Kinda goes hand in hand with Obama putting more people on assistance than ever before.

Don't more people naturally end up requiring social assistance as unemployment arises under a Republican president? ;) You can twist that all day to mean anything...

