Wednesday, April 29, 2009

GDP Falls 6.1% Largest Drop In 40 Years

The nations economy built on massive government debt, Dem Lib spending, government bailouts has shrunk 6.1% during the 1st Quarter as sharp cutbacks in business spending and the largest drop in USA exports in 40 years.

Under Obama's watch, the house of cards is failing, the economic
free fall has become much worse than expected. Spending on home construction fell 38% as the nations unemployment rate is at a quarter century high of 8.5% and is expected to grow to double digits by the end of the year.

More here from Yahoo Finance