Republican Attempts To Sabotage the Obama Economy Fail as Good News Pours In
Most Americans realize conservatism is a philosophy that promotes retaining traditional economic institutions and is resistant to change, and if there is one thing Republicans will never change is saying Democratic presidents economic policies will fail. For the past five years the GOP worked tirelessly to obstruct economic recovery to prove the democratic President was toxic for the nations economy to deny him a second term, and it certainly drove their inaction and obstruction as well as their low approval numbers. The past couple of months have not been good for Republicans, and besides being crowned the least productive Congress in American history due to their inaction and record-setting obstruction, they are likely aware of economic reports that President Obama has been anything but a failure.
First, it should not surprise anyone Republicans are responsible for the least productive Congress because they publicly promised that was their intent because a Democrat is in the White House. They, along with their teabag compatriots, ran on anti-government platforms in the 2010 and 2012 elections, and prior to their 5-week hiatus in August announced they would whip their constituency into frenzy with the promise of fighting against Washington for all Americans. Their campaign bore fruit in October when they shut down the government adding $24 billion to the deficit they claim is why they stopped legislating, and killed a few hundred-thousand jobs and cut a quarter-of-a-percent off fourth quarter GDP in the process. Their major accomplishment in 2013 was keeping their precious sequester in place to kill off a million more jobs within a year and shave another point off GDP.
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It was announced today that the U.S. economy grew at a 3.6% annual rate for the third quarter and it is the fastest growth since early 2012. There was also a good news that jobless claims fell in a sign companies are laying off fewer workers. The third quarter reports are the result of other news the media failed to mention, and crush Republican assertions a Democrat in the White House is an economic disaster.
One reason for the economic growth was reported by the The Institute for Supply Management (ISM), and according to its index, national factory activity rose to 57.3 in November, up from 56.4 the previous month and its best showing since April 2011. The index increase means that the U.S. manufacturing sector expanded at its fastest pace in 2½ years last month, and along with expanded manufacturing came an accelerated hiring pace in the manufacturing sector. Unsurprisingly, main stream media did not report the manufacturing increase.
http://www.politicususa.com/2013/12/05/republican-attempts-sabotage-obama-economy-fail-good-news-pours.html
Cha
(297,237 posts)failing miserably.