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Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q
Let me see if I have this right, we have a 15.8 trillion dollar economy with a 17.6 trillion dollar debt and that is good news to you. Do you people have a clue?
Sorry but you are out of touch with reality. Fact, Obama has a low job approval rating for a reason. You are unable to figure it out. If the pie doesn't grow then the gap between the rich and poor is going to increase,. Why aren't you getting part of that pie?
Of course it isn't. It also isn't the first winter that's had an effect on GDP growth.
Oh, and is this what failure looks like?
"Wealth redistribution?" You mean the dramatic increase in economic inequality, the highest in the US since the 1920s?
What policies do you genuinely interpret as massively redistributing wealth? Obama barely squeaked in one small tax hike on the super-rich. Obama didn't change the criteria for TANF or AFDC. Is extending unemployment what you're referring to?
"Attacks" on the coal industry? You mean, promoting natural gas? And proposing policies that won't take an effect for several years, that's going to cause a drop in GDP in a single quarter?
Now, I might agree that the ACA had a small effect -- in that again, health care spending went down. As in, people are spending less on health care, including insurance. Some of that might be linked to the ACA. However, that's not going to result in massive waves of layoffs.
Let me see if I have this right, we have a 15.8 trillion dollar economy with a 17.6 trillion dollar debt and that is good news to you. Do you people have a clue?
Sorry but you are out of touch with reality. Fact, Obama has a low job approval rating for a reason. You are unable to figure it out. If the pie doesn't grow then the gap between the rich and poor is going to increase,. Why aren't you getting part of that pie?