Friday, July 29, 2011

Well, thank goodness "austerity" is the plan

Of our leaders of the beltway!

The economy grew less than expected in the second quarter as consumer spending barely rose amid higher gasoline prices, and growth braked sharply in the prior quarter, a government report showed on Friday.

Growth in gross domestic product -- a measure of all goods and services produced within U.S. borders - rose at a 1.3 percent annual rate, the Commerce Department said. First-quarter output was sharply revised down to a 0.4 percent pace from 1.9 percent.


I guess the only thing to do is blame Paul Krugman for being right again. Damn liberals.

5 comments:

DrDick said...

To say that we are ruled by idiots is to unduly praise them.

jimmiraybob said...

I guess the only thing to do is blame Paul Krugman for being right again.

And the hippies. Don't forget the hippies. Conservatives are, after all, still fighting the 60s.

And, what DrDick said.

MD said...

There you go again...... You've made the job creators sad.

Anonymous said...

Krugman doesn't get the attention or credit he deserves for reporting on America's lapse of sanity...
vox

pansypoo said...

krugman should get the nobel until the publikkklan get real.