This being blamed on the winter we had. I say B.S. This is because of Obamacare and other policies pushed by this President. Watch the 2nd quarter GDP come in. My prediction will be further contraction. You cant keep raising healthcare and energy prices while monetizing debt. That squeezes the average Americans discretionary income and the value of the dollar. Flooding the country with more illegal immigrants isnt helping the federal budget either and adds more uncertainty to taxes on business and security for business while our southern border is wide open for those that want to do us harm to cross because border patrol is tied up caring for illegal immigrant children. If risk cannot be insured business risk will not be taken. Jobs cannot expand with higher taxes, higher energy costs, executive orders to raise minimum wage by 60%, poor security, cheaper labor costs overseas without tariffs to equalize the disparity creating a vacuum of our jobs overseas, higher health care costs, more laws and regulations to know and comply with, etc. Virtually every policy pushed by Obama has destroyed jobs and the fabric of what made this country the envy of the world (freedom). If were weak at home, we are weak overseas. Look at the results for yourself! online.wsj/articles/u-s-gdp-contracted-at-2-9-pace-in-first-quarter-1403699600
Posted on: Wed, 25 Jun 2014 22:16:29 +0000
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