Obama-economy at 1.3% growth rate

As frustrated as you may be over this debt ceiling debate, do not forget who’s been running this economy into the ground for that last few years. I’ll give you a hint, it’s not the Republicans (h/t: Hotair):

WASHINGTON (AP) – The economy expanded at meager rate of 1.3 percent annual rate in the spring after scarcely growing at all in the first three months of the year, the Commerce Department said Friday.

The combined growth for the first six months of the year was the weakest since the recession ended. The government revised the January-March figures to show just 0.4 percent growth — down sharply from its previous estimate of 1.9 percent. …

The sharp slowdown means the economy this year will likely grow at a weaker pace than last year. And economists don’t expect growth to pick up enough in the second half of the year to lower the unemployment rate, which rose to 9.2 percent last month.

Did the recession end? Well if it did I don’t see it because the country is still sucking wind. And it’s exactly what Obama wants because “it’s the Obama-economy stupid!”


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