[SeattleBruce]

Ruh Roh - something happened on the way to the Recovery.

[dirtboy]

something happened on the way to the Recovery.

Yeah, economic reality.

[OCCASparky]

I wonder if they're going to be able to place the blame for 12 percent unemployment in July and August on the blizzards we had in Jan-Feb?

Silly me, I know they'll TRY...but question is if they'll get enough idiots to believe it.

[ExTexasRedhead]

Reality of Democrat destruction of America

http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html

[DonaldC]

And with fuel prices crawling up again, I expect this wonderful news to continue.

[johniegrad]

Obama needs to be impeached. Quickly.

[qwertypie]

The consumer doesn’t have access to easy re-fi money that powered so much of the economy for the last 20 years or so. That source is gone, gone, gone, gone for as long as people are underwater and shedding second homes, keeping prices depressed. End of story.

[junta]

Gun show yesterday had a large crowd, larger than I remember that small show having at this time of the year.

[TribalPrincess2U]

It doesn’t take a genius to see where this country has gotten to
and how it was taken there.

[SunkenCiv]

No rebate check from the gov't as under President Bush; no big tax refunds; no reduction in military spending as promised; huge deficits larger than ever before in history; and what does all this mean? C'mon Zero, lay it on us!

"Everything is going according to plan!"

[Zakeet]

This is a perfect example of Freeper Bias!

You list the bad things about the economy and ignore the REALLY GOOD NEWS.

[poobear]

What I’d like to see is unemployment figures in the Private Sector alone. My observation is the only people doing well are people employed in government or municipalities.

[DannyTN]

"Fourth-quarter GDP growth came largely from a slower pace of inventory liquidation, not from an increase in consumer spending."

That doesn't make sense. How can a slower pace of inventory liquidation increase GDP? And if consumer spending didn't increase GDP, then who spent? Government?

[tacticalogic]

Consumer confidence fell to a 27-year low.

That would be the tail-end of the Carter administration. The stage is set for history to repeat itself, in spades.

[mbynack]

The Whitehouse Budget Office was counting on a fast recovery this quarter to raise tax revenues. Their deficit predictions for 2010 are dependent on a rapid recovery. In other words, the CBO and the Whitehouse Budget Office figures may be very optimistic if the economy continues to tank.

There's only one solution. Higher taxes and more deficit spending. /sarcasm

[TexasFreeper2009]

I saw unexpectedly in there!

Everyone Drink!

[WashingtonSource]

bump

[Hoodat]

Both consumer confidence and sentiment have fallen unexpectedly

Why is this unexpected? Are these idiots really this ignorant of the effect of uncertainty on economic decisions? With Cap & Trade and the Health Care Bill still up in the air, people are going to hold off on spending now lest that money be needed for tax increases in the not to distant future.

[dools007]

You can’t have double digit unemployement for this long and expect the economy to get better. Until the Marxixts in the WH are ejected there is no reasson to expect things to change soon.

Every thing Onada is doing is an economy breaker. To wit: Stimulous fraud, tax and trade, tax policy, housing policy, unemployment policy and Onadacare. The fact is, Marxists have never run healthy economies. The Chinese economy is only doing as well as it is because they made themselves take a healthy dose of capitalism.

[AngelesCrestHighway]

Not going to buy a damn thing til the Kenyan Catastrophe is out of our White House!

[dforest]

but Christina Romer said it was all good again....what you mean?