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Posts Tagged ‘The Ramanaya’

Economy soars to historic heights in the 1st quarter!

by Phantom Ace ( 195 Comments › )
Filed under Barack Obama, Cult of Obama, Democratic Party, Economy, Humor, Satire at April 29th, 2015 - 9:47 am

The greatest economic boom since the foundation of the Ramanaya Empire in India circa 20,000 BC continues to be unstoppable. The great prosperity unleashed by the policies of the Obama regime and the money printing of the Federal Reserve is unparalleled in human history. Americans across the land are grateful for the good times they are enjoying economically. The 1st quarter numbers were historic and shows the great strength of our economy!

U.S. economic growth braked more sharply than expected in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending, but there are signs activity is picking up.

Gross domestic product expanded at an only 0.2 percent annual rate, the Commerce Department said on Wednesday. That was a big step down from the fourth quarter’s 2.2 percent pace and marked the weakest reading in a year.

A strong dollar and a now-resolved labor dispute at normally busy West Coast ports also slammed growth, the government said.

The economy is doing great and the stock market is just awesome. Things are looking up thanks to the great Obama, our glorious leader leading us to prosperity and eternal Hipness!