Has the Obama administration fallen in love with Miss Rosy Scenario?
President Obama
Obama's budget submission ASSUMES 5.5% economic growth іn 2011 аnԁ over 6% growth іn 2012.
Iѕ thіѕ realistic? Whеn wаѕ thе last time thе US hаԁ growth levels thіѕ high?
Thіѕ guy аnԁ hіѕ gang іn thе House аnԁ Senate іѕ going tο mаkе Bush аnԁ thе Republicans look frugal?
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At least the money will be spent here
spend spend spend
then obama will sell us to the chinese as slaves
The born again deficit haters destroyed our economy and you know it. All racists: Be on notice that Obama will reverse this mess.
I researched your question extensively. The U.S. achieved unprecedented economic growth as it was struggling to recover from the Great Depression, but it was not sustainable and fell as quickly as it rose. The economy continued to be volatile until it finally stabilized and recovered in about 1938. Since 1970, GDP growth has averaged 3.16 percent per year, after inflation. If our economy grows as high as Obama is predicting, it will be because our economy is unstable and teetering on the edge of collapse, not stabilizing and growing. However, by 2011 Mr. Obama will be in full campaign mode for his second term, and the sheeple will be fooled into thinking he successfully saved us from Bush and the Republicans and will re-elect him by an overwhelming majority.
Thank you for encouraging me to do so much research. I had the time to do it, and I learned a lot. Now I have to throw up.
yes they have
Yes. $4 trillion spending in off the back ($1 trillion stimulus bill + 3 more in the budget).