If All You See….

…is rising waters from snow melting because someone drove a fossil fueled vehicle, you might just be a Warmist

The blog of the day is The Lonely Conservative, with a post on 2015’s miserable economic growth.

Photobucket is down at moment, so had to find a Tweet to sorta fit.

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7 Comments

Comment by Jeffery
2016-01-30 10:58:57

… total real GDP growth for 2015 was 2.4 percent, the same as for 2014.

4Q15 WAS poor, but experts attribute the poor quarter to businesses reducing inventory, the rising dollar, bottoming of oil prices, and weak exports, and importantly, predict the downturn to be temporary:

http://abcnews.go.com/Business/wireStory/us-economy-slowed-scant-07-pct-growth-rate-36594065

 
Comment by drowningpuppies
2016-01-30 14:38:39

So why after 7 years has the Obama economic recovery been so lousy?

 
Comment by Jeffery
2016-01-30 16:55:58

Has the recovery been that lousy given the worst recession since the Great Depression coupled with 0% interest? That leaves mostly fiscal policy to stimulate the economy (unless you’re a conservative, in which case tax cuts and deregulate are the only stimuli allowed).

Fortunately Bernanke made the right call (expanding the money supply) with monetary policy, despite conservative predictions of doom and gloom.

The economy is not great, but it is not lousy, either.

 
Comment by drowningpuppies
2016-01-30 18:42:32

Labor participation rate the lowest since 1978 and growing.

More than half of the country receiving government benefits and growing.

2.4% growth for 2015. Same as 2014.

7 years of Obamanomics.

Lousy.

 
Comment by Jeffery
2016-01-30 19:10:10

If that’s what you think…

 
Comment by drowningpuppies
2016-01-30 19:25:54

It’s the data.

 
Comment by Jeffery
2016-01-30 20:19:13

It’s your opinion.

 

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