The adjusted numbers show that our economy shrunk by 1% for the first quarter of the new year. This is while we are bailing out Wall Street with tens of billions of dollars each month.
If this continues through the second quarter, we will officially be in a recession.
During the SOTU, President Obama said it’s been four years of economic growth.
He has done wonders for the super rich while attacking the middle class and upper middle class. The top CEOs make 354 times the average worker. The super rich now make 8-figure salaries under President Obama.
The media has been lying to us – covering for Obama – he’s been lying to us.
President Obama’s circus routine on the economy:
His ideas don’t work. Spending recklessly doesn’t work. Who would have guessed?