It is amazing how the Left (which now includes the mainstream media), from the President on down, continues to speak about the ‘economic recovery.’ Even the slightly curious can verify that their talking points are even less credible today than they were 5 months ago. All economic indicators are down. And for the first time since the recession, GDP has gone negative.
All of President Obama’s ‘investing’ has got us record unemployment, record annual deficits, record national debt, high food and energy costs, and higher health care costs. And while we watch the rise of radical Islam all over the world, the Federal Reserve continuing to monetize the debt and devalue the dollar, further depressing the world economy, the public’s attention is drawn towards reducing crime by telling citizens that they can no longer decide for themselves what kind of firearms they feel they need to protect their family and property. Left to their own devices, the administration will take your choice away.
The contracting economy is all the evidence you need to see that record government spending and borrowing is not making the economy better. All that, plus the attempts to tread on personal liberty, economic freedom, and the U.S. Constitution has been counter productive to everything the administration says, emphasis on ‘says,’ it wants to do.
It isn’t hard to imagine that if Obama was a Republican, the media would be writing stories about impeachment of the most incompetent President in our lifetime.
Link: U.S. economy contracts for first time since recession