US Growth Revised Down For Third Quarter

The US economy grew at a slower rate than initially thought in the third quarter after personal spending was less than expected. Consumer confidence is right where Obama wants it. In the toilet.

What this means to liberals is the government must take more money from the private sector and give it to someone (including campaign contributors) who did not earn it so they can spend it instead. Being tied to this social justice (Socialist) narrative like they are, there simply is no place in Obamanomics for economic growth to occur in the private sector.

Link: US growth revised down for third quarter – FT.com.

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