US economic growth slowed to 1.5 pct. rate in Q2

Discussion in 'Politics' started by wildchild, Jul 27, 2012.

  1. wildchild


    "WASHINGTON (AP) - The U.S. economy grew at an annual rate of just 1.5 percent from April through June, as Americans cut back sharply on spending. The slowdown in growth adds to worries that the economy could be stalling three years after the recession ended.

    The Commerce Department also said Friday that the economy grew a little better than previously thought in the January-March quarter. It raised its estimate to a 2 percent rate, up from 1.9 percent."

    Okay Obama, you talked big, you spent big, where are the freaking results?
  2. pspr


    It's the nail in the coffin for Obama. Good riddance.