Midknight Review -- new and revised: The Obama Recovery scored another failing grade.

The Obama Recovery scored another failing grade.

Of course the Marxist members of the national media will blame the 1 Q GDP number of 0.7% on Trump, despite the absolute fact that nothing Trump has done has had time to be fully implemented. The full Trump cabinet is not in place, and, the Dems have sworn to oppose any effective legislation coming from the GOP camp.

Add to these facts, the reality that consumer spending came in at 0.3% for the same first quarter after three quarters of robust spending. Understand that 70% of our nation's economy (GDP) comes from consumer spending. Also, keep in mind the fact that the "1st Quarter" comes after the Xmas season and its inherent big spending season.

Finally, you should know that the Reagan policies took two years to effect the economy.

Now you know.

2 comments:

AnonymousMay 1, 2017 at 10:23 AM
Then why have you been giving Trump credit for the stock market since before January?
Hypocrite.
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Let's return the favor, shall we?

CLINTON: You cannot be civil with a political party that wants to destroy what you stand for, what you care about. That’s why I believe if we are fortunate enough to win back the House and/or the senate, that’s when civility can start again. But until then, the only thing that the Republicans seem to recognize and respect is strength. And you heard how the Republican members led by Mitch McConnell, the president really demeaned the confirmation process.

The Stated Nonsense from the Left now includes these Progressive goals:

July 2, 2008, Obama had this to say: "We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded."

MICHELLE OBAMA: "Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we're going to have to change our traditions, our history; we're going to have to move into a different place as a nation."

“ . . . . . . they have become a generation of activists possessed with that most American of ideas – that people who love their country can change it.” -- Obama the Radical

On September 30, Van Jones told MSNBC "I think everybody should hold onto your seats. October is going to be the turning point when it comes to the progressive fight back."