According to the government, the US economy grew at a rate of 1.5% during the third quarter. That, my friends, is a terrible result! It means that there is no basis for increased wages/salaries. It means that the economy is slowing rapidly. It comes during a quarter when there were no weather or other major impediments to the economy. In other words, it means that the economy is faltering and there are no excuses that president Obama can use for justification.
Think about this result. It comes during a time when the price of energy is down substantially from last year. All that extra money in consumers' pockets ought to be generating massive growth, but it is not. There ought to be major investments by business that also would push up growth, but there isn't. Instead we only have economic torpor and stagnation. After seven years of Obama, America has yet to have an actual recovery from the economic downturn. Even worse, Hillary Clinton wants to continue the Obama policies for another four years. It's a recipe for disaster.
Think about this result. It comes during a time when the price of energy is down substantially from last year. All that extra money in consumers' pockets ought to be generating massive growth, but it is not. There ought to be major investments by business that also would push up growth, but there isn't. Instead we only have economic torpor and stagnation. After seven years of Obama, America has yet to have an actual recovery from the economic downturn. Even worse, Hillary Clinton wants to continue the Obama policies for another four years. It's a recipe for disaster.
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