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 ...
“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.”
Good analysis.
I wonder if this is the very real threat the lefties have over the Republicans, and why the GOP essentially throws election after election.
Oh, good point. You’re right I can see the narrative now.
Or, “No we didn’t”.
Not everyone in government are fanatical/committed ideologues. And even some who are may decide its time to cash in on this one time opportunity to fund their retirement, recoup expenses from a divorce, pay for college, get that second vacation home, etc. Most of the liberals I’ve known are elitists and hey love and crave money. They would drop a dime on anyone if it meant they could live a higher lifestyle. And if the country should take a hard turn to the right for some reason, what have hey to lose? May as well rake in those easy bucks while they can. Trust me, it will happen.
Not necessarily just the idealogues.
Acquaintance of mine was an "economist" for the state legislature. Her job was to fudge the numbers and make powerpoint presentations to the committees. She got paid well. She wasn't going to blow the whistle on herself.
That's how they suck you in - they get you in a position where your livelihood depends on them and they know that you know you're in it just as deep as they are.
Totally unexpected.
Are they saying the Zer0 government has been bull$-—ing us for 3+ years ??
C’mon !!
Covering their arses, they are
That’s unexpected! I believed all those glowing economic reports just like I believe our low and improving unemployment reports. Who could have guessed that we’re not in the middle of an economic boom?
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