The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Economic Growth Hindered by Wasteful Obama Policies and Deer Damage to KIAs

Posted on | September 9, 2010 | 2 Comments

But mainly Obama policies:

The Federal Reserve’s “beige book” . . . offers a portrait of an uncertain economic moment in which growth has slowed in much of the United States.
“Economic growth at a modest pace was the most common characterization of overall conditions,” said the report, released Wednesday afternoon . . .
Consumer credit declined by $3.6 billion in July, the Fed said, compared with the $4.7 billion decline analysts had forecast. . . .
Overall economic activity, as measured by gross domestic product, rose at a 1.6 percent annual rate in the April-through-June quarter, too slow to push down the unemployment rate. Forecasts for the third quarter, which ends this month, are not much better . . .
The economic impact of the deer that wiped out a 2004 KIA Optima last weekend was not included in the Federal Reserve’s estimates . . .

Amazingly thorough reporting there . . .

(Hat-tip: Memeorandum.)

Category: Economics

Comments

2 Responses to “Economic Growth Hindered by Wasteful Obama Policies and Deer Damage to KIAs”

  1. Jennifer H
    September 10th, 2010 @ 1:22 am

    Yeah well, truth be told I tried to donate to you several times Sir, and just may have been the donor who would have mitigated this damage tp your career and life changing status.
    However, you will never know as you did not take me up on my offer.
    Breaks my heart.

  2. Jennifer H
    September 9th, 2010 @ 9:22 pm

    Yeah well, truth be told I tried to donate to you several times Sir, and just may have been the donor who would have mitigated this damage tp your career and life changing status.
    However, you will never know as you did not take me up on my offer.
    Breaks my heart.