Economy Slumps, Liberals Pounce
The economic growth in Q1 of this year was paltry.
The economy nearly stalled in the first quarter with growth slowing to a pace of just 0.6 percent. That was the worst three-month showing in over four years.
Chris at AMERICABlog quickly blames it on “GOP policies”. Fair enough, only if you credited GOP policies for this:
The economy’s 0.6 percent growth rate in the opening quarter of this year marked a big loss of momentum from the 2.5 percent pace logged in the final quarter of last year.
If not, blaming Republicans now is just disingenuous.
Chris, still cherry-picking, notes, “As a side note to the GOP, France was twice this number.” But let’s not forget that the 2.5% growth in Q4 beat France’s annual growth of 2%. And if you prefer France’s unemployment rate of 8.7%, feel free to move there. Or vote Democrat.
Technorati Tags: economy, AMERICABlog, France, unemployment
Filed under: Economics • Liberal • Politics • Republicans
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