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GDP fell through the floor in the first quarter, landing at a NEGATIVE -1.4%.... that $1.9 TRILLION 'American Recovery Plan' FLOPPED...

WVU82

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May 29, 2001
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Those obiden inc. 'economists' projected 3% to 4% GROWTH for the FIRST QUARTER

The rate of inflation rose at an annual 7% rate, the highest since 1981

This negative economic growth was FAR worse than expected.

Negative economic growth for 2 quarters = a recession.

Inflation at 40 year high + recession = stagflation.

obiden inc. < Jimmy Carter

There is no other way to spin this.

It's their plan to ruin the US...

biden-obama-2.jpg
 
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Leftists will never get it. You can't spend your way out of debt.

Their answer to everything is "throw money at it"....

Like socialism? Move to the first "successful" socialist country you can find and stop trying to strip the freedoms from our country!

Good luck!
 
Only way people who vote for today's Democrats are incompetent, ignorant or plain old fashion lazy pukes who want government handouts. Today's Democrats have nothing in common with Democrats even 15 years ago.
 
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and I'm telling you right now...

the revised GDP that comes out in month or so...

WILL LOWER THIS NUMBER TO -1.6% or -1.8%
 
It was dumb to call the infrastructure plan an economic recovery plan. The spending in that plan was spread out over 10 years and very little of it was spent in the first quarter. It was no stimulus.
 
It was dumb to call the infrastructure plan an economic recovery plan. The spending in that plan was spread out over 10 years and very little of it was spent in the first quarter. It was no stimulus.
It was dumb to add so much pork to the infrastructure plan .
 
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