…is rising waters from snow melting because someone drove a fossil fueled vehicle, you might just be a Warmist
Going to sleep meow???? pic.twitter.com/JXwjX8wp8J
— Sara Jean Underwood (@SaraUnderwood) January 11, 2016
The blog of the day is The Lonely Conservative, with a post on 2015’s miserable economic growth.
Photobucket is down at moment, so had to find a Tweet to sorta fit.
4Q15 WAS poor, but experts attribute the poor quarter to businesses reducing inventory, the rising dollar, bottoming of oil prices, and weak exports, and importantly, predict the downturn to be temporary:
http://abcnews.go.com/Business/wireStory/us-economy-slowed-scant-07-pct-growth-rate-36594065
So why after 7 years has the Obama economic recovery been so lousy?
Has the recovery been that lousy given the worst recession since the Great Depression coupled with 0% interest? That leaves mostly fiscal policy to stimulate the economy (unless you’re a conservative, in which case tax cuts and deregulate are the only stimuli allowed).
Fortunately Bernanke made the right call (expanding the money supply) with monetary policy, despite conservative predictions of doom and gloom.
The economy is not great, but it is not lousy, either.
Labor participation rate the lowest since 1978 and growing.
More than half of the country receiving government benefits and growing.
2.4% growth for 2015. Same as 2014.
7 years of Obamanomics.
Lousy.
If that’s what you think…
It’s the data.
It’s your opinion.