On the recordJune 25, 2014
Today the first quarter GDP numbers were revised downward, again, and now show the economy contracted by 2.9 percent in the opening months of 2014. The administration's spin machine cited cold weather as the root cause of this, but as critics noted, Canada's GDP grew by 1.8 percent in the first quarter. Was it warmer in Canada? It is clear that this President is out of ideas about how to get our economy back on track. It now seems we have exhausted even his supply of excuses as well. Being out of excuses is a positive development. Since this administration seems prone to believing their own spin, perhaps they will now, at long last, work with House Republicans on legislation that will put Americans back to work. There are 40 House-passed bills awaiting action in the Senate. These bills will help. Will the President and his party act on them? ____________________
