Tim Pawlenty issued a statement about this bad news:
Economic growth under President Obama is pitiful. Today's news that our economy grew at only 1.3% last quarter is a clear signal that our nation needs new leadership. President Obama has failed to live up to his empty promises of spurring the economy and creating jobs. Rather than confronting our problems head on and developing a clear path to recovery, the President is hiding. It is impossible to find his specific plans on any of the most pressing financial issues of the day, including badly needed entitlement reforms. It is time to begin tackling these tough issues and making challenging decisions to restore our economic prosperity, but first we need a new leader with the courage to do so.Technorati tags: news Tim Pawlenty minnesota iowa politics elections 2012
It is pitiful that Pawlenty has the gall to make such a stupid statement. The GDP has been positive every quarter since Obama took office.
ReplyDeletehttp://www.whitehouse.gov/blog/2011/07/29/advance-estimate-gdp-second-quarter-2011-and-annual-revision
Maybe he was thinking about Bush in '08.
I think what he is trying to say but does not know the verbs to say with is, "we need more jobs". But if we keep cutting government spending, that is just laying off more people. Not creating jobs.
And last month's GDP was revised downward to 0.4 percent. Anemic. And why are you still blaming Bush?
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