Q1 GDP revised DOWNWARD to -1%

Q1 GDP revised DOWNWARD to -1%. Unexpectedly, of course. The media cheerleaders were out in force: CNN: no big deal. Reuters: it was due to that coooold weather. Lucky Democrat Obama is president or old people, cats, dogs and children would be starving to death in the street right now.

This post was last modified on April 10, 2021

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View Comments (17)

  • Looks like commienomics is working as designed, we're headed right straight to the bottom.

  • -0.1% is actually a positive gain when you factor in the unusually cool weather in south Texas right now. Cooler weather means more goods being bought for outdoor activities and is thus an eleventy twelve thirty fourth gain in GDP. Google has a calculator for doing the math. Just type 'eleventynomics calculator' in the search box...

  • Who but idiots are surprised that it was revised downward....as usual? Even the idiot Obama Steno Pool are not surprised even though they say, as always, "This is unexpected." Scumbags all.

    • Or the Koch brothers.

      I was listening to CBS libtard radio news at the top of the hour and the contraction got a one sentence mention.

      I am sure there was never any bad weather during the eight years Ronald Reagan was president.

      • The democrat propagandists have their talking points or rather their non-talking points. It will be interesting how the Obama regime fudges the numbers for Q2 14 and how Obama will either be blameless (bad numbers) or Obama will be totally responsible (good numbers).

  • You see it isn't Obama-democrat Care it is cold weather because we have never had a cold winter before.

    Obama and the democrat party's work is done with the economy, almost finished with our health care system, and pivoting to ruining our foreign policy.

    • Don't forget, if they can make a big enough issue of the VA scandal, they will be able to push the Veterans into Obamacare! Then all will be well in commie land.

  • Cold weather to blame, eh? Thought global WARMING was SUCH a threat. The ultimate threat to our time.

    • SHHHH, the LIVs are listening! They need them to believe whatever lie is convenient today to forward the communist agenda.