[Right Wing] There’s nothing more amusing than seeing the Obama Media Lapdogs spin things to protect Dear Leader. Obama will be the first president to never see a year of 3% GDP growth. And guess whose fault it is? The Washington Post’s Fred Hiatt tells blames us
The economy’s real drag: Us
American consumers aren’t what they used to be -- and that helps explain the plodding economic recovery. It gets no respect despite creating 14 million jobs and lasting almost seven years. The great gripe is that economic growth has been held to about 2 percent a year, well below historical standards. This sluggishness reflects a profound psychological transformation of American shoppers, who have dampened their consumption spending, affecting about two-thirds of the economy. To be blunt: We have sobered up. |