Obama can't see his economic failures - The Insiders - The Washington Post
Well, two timely articles pointtoward more bad economic news in the near term that the Obama administration is not doing anything about. Both of these articles, one by former senator Judd Gregg in the Hill and the other by Jeff Cox on CNBC.com, suggest that were heading for a double-dip recession and slower job growth or worse. Gregg argues that September could be the month that the global economy severely contracts, especially if defense spending cuts combine with tax increases to create a fiscal cliff at years end that pushes the United States back into a recession. Cox indicates that economists expect another U.S. and global recession by late 2012, citing evidence of low growth and earnings so far this year.
Voters already think America is in a recession, so if we do technically fall back into negative growth, it will only confirm what they believe. But the president has isolated himself and Democrats by not having a plan beyond more of the same. In a campaign context, there is no argument that he wants to do more than just tax and spend.
Good job Obama , your half way to destroying America, lets just make sure we do not give you 4 more years to finish us off....
Well, two timely articles pointtoward more bad economic news in the near term that the Obama administration is not doing anything about. Both of these articles, one by former senator Judd Gregg in the Hill and the other by Jeff Cox on CNBC.com, suggest that were heading for a double-dip recession and slower job growth or worse. Gregg argues that September could be the month that the global economy severely contracts, especially if defense spending cuts combine with tax increases to create a fiscal cliff at years end that pushes the United States back into a recession. Cox indicates that economists expect another U.S. and global recession by late 2012, citing evidence of low growth and earnings so far this year.
Voters already think America is in a recession, so if we do technically fall back into negative growth, it will only confirm what they believe. But the president has isolated himself and Democrats by not having a plan beyond more of the same. In a campaign context, there is no argument that he wants to do more than just tax and spend.
Good job Obama , your half way to destroying America, lets just make sure we do not give you 4 more years to finish us off....