Tuesday, December 4, 2012

Obama says US economy "poised to take off".

POTUS has been making claims that the US economy is poised to take off.  Meantime, Michelle Malkin of Twitchy.com and others on Twitter are calling the statement laughable.
While the economy may not take off, it seems it is indeed poised to do so if the deficit is any indication.  The deficit is shrinking at the fastest rate since WWII.

I am not attributing this fact to Obama or the WH.  Nevertheless, this seems like a good position from which to take off.  I have no doubt that Congress and POTUS can find a way to screw this up, but calling the statement laughable is a little disingenuous.

(Incidentally, consumer confidence and business spending are both up).

No comments:

Post a Comment