Friday, May 2, 2014

If this were happening under a president of the United States rather than a post-American socialist tyrant, we'd call it failure

Our economy is decidedly back in deteriorating-health mode:

No sooner did the Commerce Department announce that the economy barely grew by one-tenth of one percent in the first three months of this year, than the news media was searching for the toughest words to describe the U.S. economy's demise under President Obama's anti- growth, anti-job policies.
"U.S. Economic Growth Slows to a Crawl," was the way the Reuters news agency put it Wednesday, and even that was being generous. Some said the economy "stalled," or "barely grew" or "hit a wall." Others called the 0.1 percent growth rate "anemic," a word that doesn't do justice to an economy that has all but ground to a halt.
But after one excuse after another for the president's economic failures, some in the news media weren't pulling their punches. Here's the way the Wall Street Journal put it:
"U.S growth nearly stalled in the first three months of the year, fresh evidence that the economic expansion that began almost five years ago remains the weakest in modern history."
"U.S. economic growth stalled to near zero," the Journal said on its website, minutes after the government announced its shocking number.
Even the liberal New York Times, one of the Democrats' biggest apologists, pointed out that the economy's failing grade was actually a continuation of what Americans have been experiencing ever since Obama's first year in office, without any sustained improvement.
"For all the attention devoted to the quarterly fluctuations, the current underlying rate of expansion is not much different from the frustratingly slow trajectory in place ever since the economy began to recover from the Great Recession," the Times said.

All very stark, but the key point to remember is that it's on purpose.   There's no doubt about this.  The cost of regulations in post-America is greater than the economies of all but nine countries in the world.  The regime is determined to raise the minimum wage when it's obvious that it needs to be abolished.  The regime dithers on the Keystone XL pipeline.  

Fundamental transformation is well underway.  This is no failure.  One must understand the terms by which the Most Equal Comrade defines success.  By those criteria, he is doing a stellar job.

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