…is not doing fine:
Earlier this year, the Obama White House predicted the economy would grow 3% in 2012. Today’s GDP report shows that ain’t going to happen. The Commerce Department said the economy grew at an anemic 1.5% annual rate from April through June, after a revised 2.0% in the first quarter. It now seems likely the economy will be lucky to grow at 2% for the entire year. And that’s after growing just 1.8% last year.
Check out the comparison between the Reagan recovery and the Obama “recovery.”
At this point, I think it’s fair to say that Obama built that.
Obama didn’t build that alone. He had help from a Democrat controlled Congress.
Haven’t you heard? Now that the media have a Romney gaffe to misconstrue and lie about, we’re all supposed to forget about whatever we may have learned about Obama from that comment, and act (and vote) as if it never happened.
Or so a proggy told me on another site today. Heh.
It’ll be interesting to see what the growth rate is revised to after November.