Since Obama took office: - the GDP was -8% and today it's 2.2+% (it'd be over 3.2 if not for all the gov't layoffs in state/local -- particularly teachers)
the new numbers are in: 1.5%. The AP says the following: Growth at or below 2 percent isn't enough to lower the unemployment rate, which was 8.2 percent last month. And most economists don't expect growth to pick up much in the second half of the year. Europe's financial crisis and a looming budget crisis in the U.S. are expected to slow business investment further. J - Ninety percent of politicians give the other ten percent a bad reputation. - Henry Kissinger Politicians are people who, when they see light at the end of the tunnel, go out and buy some more tunnel. - John Quinton On Thu, Jul 19, 2012 at 11:10 AM, Jerry Barnes <critic...@gmail.com> wrote: > "Since Obama took office: > > - US home sales rose 3.4% in April 12 from March" > > > The June numbers are out. Home purchase "unexpectedly" fell 5.4% in June > to an 8 month low. > > Some analyst I heard said that they believe that the majority of bargains > (short sales and repos) have been scooped up by investors who are now > sitting back waiting for the next wave of foreclosures. > > > > > J > > - > > Ninety percent of politicians give the other ten percent a bad reputation. > - Henry Kissinger > > Politicians are people who, when they see light at the end of the tunnel, > go out and buy some more tunnel. - John Quinton > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:353188 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm