Our gross domestic product (GDP) growth was recently revised downward to just 1.6% in the second quarter. How does that figure compare to other world economies at this point in the game?
India’s economy is booming, up 8.8% in the last quarter. The Russian economy grew by 4%, and the German GDP increased by 7.6%. In fact, Germany’s unemployment rate is now lower than before the recession.
What’s the difference? Unlike India or Germany, we’re stuck with Obamanomics.
We passed a $787 billion stimulus package that failed to stimulate; have massively increased regulation and promised new taxes on business; racked-up unprecedented levels of debt; and have done just about everything imaginable to discourage hiring.
While America continues to stagnate under the Democratic Party’s leadership, much of the rest of the world has recovered and is now prospering.


by Stephan Tawney on August 31, 2010