My favorite quote of the day comes from the opinion section of the Wall Street Journal:
"To no one's surprise except perhaps Vice President Joe Biden's, second quarter economic growth was revised down yesterday to 1.6% from the prior estimate of 2.4%, which was down from first quarter growth of 3.7%, which was down from the 2009 fourth quarter's 5%. Economic recoveries are supposed to go in the other direction."
So we all remember the infamous "Alaskan Bridge to Nowhere?" Well how about the Recovery to Nowhere? That is how things seem to me. I love how Obama and his pals are spinning the current economic predicament as "it could have been so much worse". I am not sure about that. It is already pretty bad-10% unemployment and a GDP that is shrinking, with business skittish for investment.
Besides, since when do Americans, who live in the best country in the world, believe that things are good because they could have been so much worse. That is quite a fireside chat for you. Can you imagine FDR saying during the grim days of WWII, "My fellow Americans, yes Pearl Harbor was bad, but it could have been so much worse"?
I am totally with Jim Boehner, Fire them all I say! Let's start fresh, cause it can get so much worse!
Cheesy eggs and bacon on a bagel for breakfast...yum!
Thank you Mr. Cow
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