Wednesday, June 25, 2014

First Quarter 2014 Worse Than Fourth Quarter 2008

Revised GDP in the 1st quarter was down 2.9 percent, worse than the fourth quarter of 2008.  Is this still George Bush's fault?

Is there anyone left out there who thinks America's economic policies make any sense?  The President and the Congress have managed the impossible.  They have shut down the great American economic engine.

And what does Obama have to say?  Mandate more paid leaves for American employees.  Translation: raise the costs to employers that have the temerity to hire anyone.  More of the same from the President.

A free market economy would solve our ills, but Obama, Yellen and company have no interest in the free market and what we have is a direct consequence of their policies.

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