While not news to Mainstream America, which continues to struggle under the burdens of bigger government, more regulations, higher taxes, and too few jobs, the amount of the first quarter revision is astounding even by inside the beltway standards. In fact, there has not been a revision this large, and this negative, since 1976 – a clear link between the abysmal Carter economy, and the even worse economy of current president, Barack Obama. Here’s how Reuters described the numbers: ...
Posted on: Wed, 25 Jun 2014 19:52:52 +0000