Thursday, September 27, 2012

MORE BAD ECONOMIC NEWS

The second quarter GDP has been lowered from an anemic 1.7% to a pathetic 1.3%.   http://www.businessinsider.com/final-q3-gdp-2012-9


Orders for durable goods has dropped by 13.2%, now at the lowest level since the recession ended.   http://www.reuters.com/article/2012/09/27/us-usa-economy-durables-idUSBRE88Q0S720120927


Since this Obama "recovery" has begun, American household incomes have dropped by $3040.00.  http://www.weeklystandard.com/blogs/americans-incomes-have-fallen-3040-during-obama-recovery_653116.html

To think that Joe Biden is claiming the we have turned the corner!  Hey Joe, what corner have we turned?

 

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