The federal government crunched the economic numbers and discovered what all of us in taxpayer land struggling to survive have known for years. The other day on The View, President Barack Obama professed that things could be worse, and viola, out comes a government report confirming that it IS worse.
“From the start of the recession in December 2007 until the April-to-June quarter of 2009, the economy sank 4.1 percent. That was deeper than the 3.7 percent decline previously estimated for the recession.”
The economic stimulus plans of George W. Bush and Barack Obama, the bail-outs, TARP money, jobs saved and created, and various reforms have resulted in zero growth. It’s enough to make a person hope for change.