Last week, the Commerce Department announced second quarter GDP growth of 1.7% and they revised down the first quarter numbers to 1.1%.
For some perspective on just how economically hapless the Obama Administration is, consider his record against George W. Bush and Ronald Reagan at the same point in their eight year terms as President. The charts below tell you everything you need to know.
Unbeknownst to the Obama sycophant authors of this NBCNews.com, sky-is-falling sequester piece (listed below), they lay out the most persuasive argument against federal meddling in the states' business that I have seen recently.
Consider this:
- Why does the federal government fund Head Start? Can't the states, religious, civic and local community organizations handle it?
- Why does the federal government fund schools? Can't each community take responsibility for educating their own children?
- Why cut the FAA and the military when you can cut the Labor Department, the Commerce Department, the USDA, the NLRB, the TSA, Homeland Security, Amtrak or a dozen other unconstitutional federal bureaucracies???
- Why does the federal government fund community hospitals, institutions of higher learning and Meals on Wheels? Are the states and local communities unwilling and unable to do such?
http://usnews.nbcnews.com/_news/2013/03/02/17162039-from-coast-to-coast-states-brace-for-sequester-shock?lite
