{"id":44406,"date":"2014-05-29T12:00:28","date_gmt":"2014-05-29T17:00:28","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=44406"},"modified":"2014-05-29T12:01:45","modified_gmt":"2014-05-29T17:01:45","slug":"this-is-your-obama-recovery-7","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=44406","title":{"rendered":"This Is Your Obama &#8220;Recovery&#8221;"},"content":{"rendered":"<p>Real economic growth&#8230;<a href=\"http:\/\/bea.gov\/newsreleases\/national\/gdp\/gdpnewsrelease.htm\">didn&#8217;t exist in the first quarter<\/a>:<\/p>\n<blockquote><p>Real gross domestic product &#8212; the output of goods and services produced by labor and property<\/p>\n<p>located in the United States &#8212; decreased at an annual rate of 1.0 percent in the first quarter according to<\/p>\n<p>the &#8220;second&#8221; estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP<\/p>\n<p>increased 2.6 percent.<\/p>\n<p>The GDP estimate released today is based on more complete source data than were available for<\/p>\n<p>the &#8220;advance&#8221; estimate issued last month. In the advance estimate, real GDP was estimated to have<\/p>\n<p>increased 0.1 percent. With this second estimate for the first quarter, the decline in private inventory<\/p>\n<p>investment was larger than previously estimated.<\/p><\/blockquote>\n<p>Some lefty pundits are blaming the &#8220;tough winter&#8221;.<\/p>\n<p>I remember some tough winters in &#8217;83-85.\u00a0 The economy kept on recovering, somehow.\u00a0 Perhaps shovel and snowblower factories and shoveling crews were hiring?<\/p>\n<p>The real answer?\u00a0 It goes beyond President Obama.\u00a0 &#8220;Progressivism&#8221; destroys economies and lives.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real economic growth&#8230;didn&#8217;t exist in the first quarter: Real gross domestic product &#8212; the output of goods and services produced by labor and property located in the United States &#8212; decreased at an annual rate of 1.0 percent in the first quarter according to the &#8220;second&#8221; estimate released by the Bureau of Economic Analysis. In [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,64],"tags":[],"class_list":["post-44406","post","type-post","status-publish","format-standard","hentry","category-economy-and-the-market","category-president-obama"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/44406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44406"}],"version-history":[{"count":4,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/44406\/revisions"}],"predecessor-version":[{"id":44419,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/44406\/revisions\/44419"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44406"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}