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Reply #26


Response to AtomicKitten (Original post)

Thu Oct 18, 2012, 02:36 PM

26. Here is the comeback to that line of attack

Our recovery is slower than the President initially forcast, but it turns out that the recession itself was far worse than how experts were characterizing it when Obama actually made his recovery projections. That fact was revealed in revised figures documenting the actual GDP loss during the recession that were retroactively released by the U.S. Department of Commerce Bureau of Economic Analysis:

“The overall pattern of quarterly changes during the downturn was similar in both the revised and previously published estimates, though the revised estimates show larger decreases for 2008:Q4 (-8.9 percent compared with -6.8 percent) and for 2009:Q1 (-6.7 percent compared with -4.9 percent).”
http://www.bea.gov/faq/index.cfm?faq_id=1004

And why was the economy so god damned awful in the first place when Obama took office? Because of the failed economic policies of the last Republican Administration.

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Replies to this discussion thread
Arrow 27 replies Author Time Post
AtomicKitten Oct 2012 OP
liberal N proud Oct 2012 #1
AtomicKitten Oct 2012 #2
liberal N proud Oct 2012 #3
Avalux Oct 2012 #4
AtomicKitten Oct 2012 #5
LiberalElite Oct 2012 #11
AtomicKitten Oct 2012 #18
yellowcanine Oct 2012 #15
Cha Oct 2012 #20
AtomicKitten Oct 2012 #25
Firebirds01 Oct 2012 #6
Cosmocat Oct 2012 #7
exboyfil Oct 2012 #8
AtomicKitten Oct 2012 #9
exboyfil Oct 2012 #10
Cha Oct 2012 #21
exboyfil Oct 2012 #22
Cha Oct 2012 #27
ProSense Oct 2012 #12
AtomicKitten Oct 2012 #17
former9thward Oct 2012 #13
AtomicKitten Oct 2012 #16
former9thward Oct 2012 #23
AtomicKitten Oct 2012 #24
Rosa Luxemburg Oct 2012 #14
NCLefty Oct 2012 #19
LineNew Reply Here is the comeback to that line of attack
Tom Rinaldo Oct 2012 #26
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