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Politics : President Barack Obama

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To: Joe NYC who wrote (125162)10/25/2012 11:47:48 PM
From: tejek  Read Replies (4) of 149317
 
S GDP growth rate is not really that hard to Google:

It is obviously slowing down, as mindmeld has been saying.
2011q4 4.1
2012q1 2.0
2012q2 1.3


Why is that come as a surprise to you all? In the last year, Europe has gone into recession because the silly wingers there think austerity is the solution to their problems and China has intentionally slowed its economy in .order to reduce inflation. That has led to a slowdown in the US.........what a surprise...NOT. A slowdown......not a recession. During this slowing period, however, the US economy has continued to get on more solid footing. Solid growth is appearing in many parts of the country. Underneath the lackluster stats, growth in gaining more traction. And now China has stopped working to reduce inflation and Europe appears to be stabilizing.........word is the UK may be coming out of its recession.

Under Obama things will get better and better; under Mitt, God knows what will happen.................he is the ultimate flip flopper.
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