Blue Herald
30
Jan
It’s The Economy, Stupid!
by Buck • 10:49 am
The issue of economics is not something I’ve understood as well as I should.

-2008 presidential contender, John McCain

And this from the AP:

The economy nearly stalled in the fourth quarter with a growth rate of just 0.6 percent, capping its worst year since 2002.

The Commerce Department’s report on the gross domestic product, released Wednesday, showed an economy that had deteriorated considerably during the October-to-December quarter as worsening problems in the housing market and harder-to-get credit made individuals and businesses more cautious in their spending. Fears of a recession have grown.

Ladies and gentlemen, it’s official.. Stupidity permeates our electorate.



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