Posted on 06/16/2014 1:54:18 PM PDT by SeekAndFind
When it comes to the U.S. economy, the glass just went from half full to half empty.
At the start of the year, economists were optimistic. Perhaps the economy would grow 3% this year, they said, instead of the measly 2% pace it's been stuck at for the prior three years.
So much for that hopeful thinking. Half-way through the year, forecasts are being slashed. The latest Zorro move comes from the International Monetary Fund. The organization said Monday that the U.S. economy would only grow 2% this year, down from it earlier forecast of 2.8%. This comes on the heels of the World Bank announcement last week that it was cutting its prediction for the United States and the broader world economy. Many expect Federal Reserve policymakers to do the same downward revision when they meet this week.
What went wrong?
Blame it on the deep freeze that caused a very weak start to 2014.
(Excerpt) Read more at money.cnn.com ...
I say we blame the Kenyan.
Sorry, due to Globull Warming it is impossible to have a Harsh Winter.
Try again CNN.
In the Era of Obama, nothing can be blamed on the policies of Obama.
In this case, we need to blame some outside force, the weather, for lack of economic growth. We are NOT permitted to discuss the economic policies of this administration deterring economic growth. We are not allowed to talk about impacts such as Obamacare deterring economic growth.
In the Obama era, nothing can ever be the fault of the policies of this president.
(sarcasm)
I say we make like Jay Carney and blame Bush for the weather and the economy!
Yeah, that’s the ticket, a harsh winter!
This makes six years in a row with unexpectedly bad economic news. That’s bad luck, isn’t it?
Poor 0dumbo, the first president to serve multiple terms with bad weather.
Are we still doing recovery summers? I think the first one was the summer of 2010???
GlobalistWarmining-NADO!
If you've heard one state-run news media source you've heard em all.
You must’ve missed when they blamed the arctic blasts on global warming.
RE: Yeah, that’s the ticket, a harsh winter!
First, it was Bush, then it was the Japanese Tsunami, then it was ATM machines, etc., etc.
Now it’s the weather.
Everything but his policies.
Which apparently doesn't make much difference, since he somehow won re-election with 8% unemployment, $4 gas, surging food prices, and trillion dollar deficits forever.
As long as the 40% fake money can spit out the entitlement deposits, the Dems are good to go.
True that.
It was the warmness that resulted from Global Cool...wait, I mean the coolness that results from Global Warm...I mean Climate Change! Yeah, that’s the ticket! It was Climate Change! Because if the climate were the same we’d all be rich! It’s Bush’s fault.
GLOBAL WARMING (or COOLING) FAULT.
and the good news , Obama will pivot back to the economy tomorrow ,D’oh ,LOL
And the harsh winter is in turn due to...global warming.
So, global warming can cause both heat and cold?
This theory is so flexible it can explain everything !!
In Clintonian fashion, I guess it depends on what the meaning of “warming” is.
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