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President Obama!
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<blockquote data-quote="moreluck" data-source="post: 906938" data-attributes="member: 1246"><p><strong>Re: Obamanomics</strong></p><p></p><p><a href="http://www.marketwatch.com/story/third-quarter-growth-cut-to-20-from-25-2011-11-22?link=MW_pulse" target="_blank"><span style="color: #990000">WASHINGTON (MarketWatch)</span></a> — The U.S. economy grew at a slower pace than originally estimated in the third quarter, mainly because companies reduced inventories and did not invest as much.</p><p></p><p>The Commerce Department cut its estimate of gross domestic product to 2.0% from a first reading of 2.5%. The government’ second revision of GDP includes data not fully available earlier, such inventory levels and trade data. As a result, it paints a more accurate picture of U.S. growth.</p><p></p><p>Economists surveyed by MarketWatch expected the government to trim its estimate to 2.3%.</p></blockquote><p></p>
[QUOTE="moreluck, post: 906938, member: 1246"] [b]Re: Obamanomics[/b] [URL="http://www.marketwatch.com/story/third-quarter-growth-cut-to-20-from-25-2011-11-22?link=MW_pulse"][COLOR=#990000]WASHINGTON (MarketWatch)[/COLOR][/URL] — The U.S. economy grew at a slower pace than originally estimated in the third quarter, mainly because companies reduced inventories and did not invest as much. The Commerce Department cut its estimate of gross domestic product to 2.0% from a first reading of 2.5%. The government’ second revision of GDP includes data not fully available earlier, such inventory levels and trade data. As a result, it paints a more accurate picture of U.S. growth. Economists surveyed by MarketWatch expected the government to trim its estimate to 2.3%. [/QUOTE]
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