4 thoughts on “Obamanomics: GDP Shows Surprise Drop for U.S. in Fourth Quarter”

  1. No. I have been saying for several months now that we are in a recession. No one can know when a recession starts, until 6 months after the fact. But that is my prediction. And sadly, it looks like I am correct.

  2. Our recovery was very feeble and we’ve trembled on a recession since we theoretically began recovery. Like phil, I see a recognized recession as very likely. We had our best chance to lift the heavy hand of Obama and the Enablers in November; now we likely have Carter’s 4th term.
    The saddest part is that we’ve known throughout the recovery that it was weak, even illusory, and we know why. But the voters brought the problem back for another try.

  3. There was a popular saying during the great depression; “Prosperity is just around the corner!!! and running like hell.”

  4. The temporary “recovery” was just an illusion caused by the “stimulus” spending. Now that it has run it course we are back to recession. Most of our politicians today are just band-aid artists and most people don’t seem to notice. I saw this coming 4 years ago, so I’m not surprised.

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