Friday, July 27, 2012

What else is there to say?

US economic growth slowed to 1.5 pct. rate in Q2 

Since early 2009 I have been saying that the policies pushed and implemented by the Obama Administration have been pretty much the opposite of what is needed to get the economy back on track.  Three years after the recession ended we're still seeing pathetic growth, and it has nothing at all to do with the hand that the President was dealt.  Deep recessions are typically followed by strong recoveries (here and here), and the reason this has not happened is due entirely due to the wrongheaded economic policies that the administration has hampered the economy with.