Welcome to Obama’s economy, where a 0.1% GDP growth in the first quarter of this year is considered ‘progress.’ Don’t worry though. The Obama regime and the lapdogs in the media already have an excuse for the pitiful GDP growth. Can you guess what it is? If you guessed the weather, you win the grand prize. Much like the excuse on the bombshell Benghazi e-mails, the Obama regime and media always has some BS excuse. Even Obama knows his economy stinks.
|Obama’s economy: pitiful 0.1% GDP growth in first quarter of 2014|
The U.S. economy slowed to an anemic pace in the first quarter of the year, according to new Commerce Department estimates, renewing Republican claims that Obama administration policies are slamming the brakes on the recovery.
The department estimated that growth slowed to a barely discernible 0.1 percent annual rate between January and March. That was the weakest pace since the end of 2012 and was down from a 2.6 percent rate in the previous quarter.
“This report is more than a low number; it is a reflection of the real economic despair that persists in the sixth year of the Obama presidency,” said Brendan Buck, spokesman for House Speaker John Boehner.