Posted on 07/30/2015 7:12:17 AM PDT by Red in Blue PA
WASHINGTON (AP) -- The U.S. economy grew more slowly over the past three years than the government had previously estimated, held back by more frugal consumers and steeper spending cuts by state and local governments.
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The economy expanded at just a 2 percent annual rate from 2012 through 2014, down from a previous estimate of 2.3 percent, the Commerce Department said Thursday.
(Excerpt) Read more at finance.yahoo.com ...
Cause you and I aren’t racking up enough consumer debt.
Damn that Dave Ramsey!
Note to all big government cheerleaders - big government LIES.
So the Kenyan and his regime have been lying to the American people for three years!!! Surprise! Surprise! Surprise!
Whatever happened to all those supposed “Recovery Summers”? lol
The U.S. economy grew more slowly over the past three years than the government had previously estimated
Is there a corner of government that hasn't been utterly corrupted?
just a warning to the ss crowd....you’re getting nothing...
Lucky for us that not a single segment of the economy isn’t better off today than it was 6+ years ago when a truly spectacular can’tidate took office. Oh, what?
As we come to the end of the “Hope and Change” period, I expect we will find more stories like these.
“No we can’t.”
big government LIES
***************
Of course they do. Those in power want to stay in power. And they want more of it. Lying is their stock in trade.
Yes pathetic. And remember, GDP=G+C+I+X So ballooning government spending makes up a good chunk of this “growth”.
So wish FR had a “like” button some days.
This report is so damnable pathetic.
Conspiracy Theory Time:
As Hillary implodes it is becoming increasingly obvious that a Democrat may NOT continue their hegemony over POTUS.
Hence it’s time to trigger the self-destruct sequence. To tick down to zero shortly after January 20, 2017, on the watch of some Republican President.
I am sooo disappointed! What happened to the word “unexpectedly”?
According to the “authorities” that would be a case of settled science and thus proof that the entire economy is thriving. If you don’t accept that then you too are a DENIER!
After Obama eventually leaves (whenever that might be) there will be horror stories of corruption and political machinations the likes of which we have never seen before. Some people will rush to their publishers after its safe to do so. There will be an avalanche such stories that will shock the American people once they see the true depths of corruption and deceit that this administration has sunk to.
You're talking pure ideologues here, even the thought of making an easy buck off of publishing they will instead eat it and take the story of corruption to their grave for the team.
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