Wednesday, June 25, 2014

Obama Winter: Economy shrank 2.9% in first quarter

Bus stop, Skokie, IL
Earlier this year the Commerce Department reported that the US economy shrank by one percent in the first quarter of 2014.

But now those figures--as is the habit of the Obama White House--have been revised downwards. The gross domestic product in fact dropped by a whopping 2.9 percent in the first quarter,, the biggest decline since 2009.

Experts--who are often wrong--are blaming the cold winter, which should not have occurred because global warming believing White House says the planet is heating up.

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