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The Reddest of Presidents

pwilkes Wrote: Jul 24, 2012 5:55 PM
I'll switch to an electric powered car when Obama switches to an electric powered Airforce 1. Most electricity is generated by coal, diesel, or atomic, all of which ain't green.

It’s clear the economy is seeing red.

A host of economists, who always seem to be the last to know, have cut GDP growth forecasts recently, in light of rising unemployment and falling manufacturing output. The latest to see the light at the end of the tunnel in its proper context as a speeding train coming right at us is Fannie Mae’s chief economist, Doug Duncan. Fannie Mae always seems to be the last-est of the last to know.   

“The data from the past month collectively point to decelerating economic growth, but growth nonetheless," noted Duncan in a statement by Fannie...

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