MADE IN DC: As Dems Threaten Small Biz Tax Hikes, Economic Growth Slows to a Crawl
July 27, 2012
As Dems Threaten Small Biz Tax Hikes, Economic Growth Slows to a Crawl
Second Quarter Growth Rate Slips to 1.5 Percent Amidst Economic Uncertainty
Second Quarter Growth Rate Slips to 1.5 Percent Amidst Economic Uncertainty
DC DEMOCRATS STILL DON’T GET IT: President Obama Recently Said That Democrats’ Commitment To Raising Taxes And Burdensome Regulations ‘Worked’:
“Just like we’ve tried their plan, we tried our plan — and it worked. That’s the difference,’ [said Obama].” (“Remarks by the President at a Campaign Event,” The White House, 7/24/2012)
MADE IN WASHINGTON, DC: But U.S. Gross Domestic Product (GDP) Grew At An Annual Rate Of 1.5 Percent In The Second Quarter Of 2012, A Debilitatingly Slow Pace That Proves The Democrat Economy Is Making A Bad Economy Worse:
“The U.S. economy grew at an annual rate of just 1.5 percent from April through June, as Americans cut back sharply on spending. The slowest growth in a year adds to worries that the economy could be stalling three years after the recession ended.” (“Economic growth slowed to 1.5 percent rate in 2nd quarter, slowest in a year,” Associated Press, 7/27/2012)
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