Archive for the ‘Obama 2010 Q2 GDP’ tag
GDP Slips But Stays Positive
Annotated BEA Graph
Fox News nincompoop Sean Hannity was on tonight expressing deep dissatisfaction with the reported 2.4 percent gain in GDP for the second quarter of this year. GDP slipped from the first quarter level of 3.7. This is the fourth consecutive quarter of positive GDP, a trend we haven’t seen since 2007.
Of course, Hannity never mentioned the -6.7 GDP for the last full quarter of the Bush Administration. But, if he had, he would have been “fair and balanced.” Fat chance of that ever happening.