Friday, July 29, 2011

The Daily Snark 7/29

GDP growth last quarter: 1.3%
Revised numbers from 1st quarter: .4%

Pathetic. This economy is crap and has been long before the debt ceiling debate began. No doubt some idiot will try to blame these past events on current problems, completely reversing chronological order and the law of cause and effect. Link

Sadly, this 2nd quarter's numbers may be overrated and revised down three months from now. If nothing else, this Administration should give up all claims to knowing what the hell they are doing in terms of the economy.

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