Double Dip - Ice Cream Good - Economy Bad

[Dr. Shane]

10 signs the double-dip recession has begun

Quote:

The U.S. has entered a second recession. It may not be as bad as the first. Economists say that the Great Recession began in December 2007 and lasted until July 2009. That may be the way that the economy was seen through the eyes of experts, but many Americans do not believe that the 2008-2009 downturn ever ended. A Gallup poll released in April found that 29 percent of those queried thought the economy was in a “depression” and 26 percent said that the original recession had persisted into 2011.

I think Obama deserves a lot of the blame.

• He squandered the stimulus money on Democrat pet causes instead of real job-producing projects.
• He stopped oil drilling when he should have encouraged more oil exploration, coal-to-oil refineries and new nuclear power plants.
• He spent all his political capital on his health-care plan while ignoring the sick economy and staggering unemployment rate.