March 25, 2011 | 38 comments
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President Obama, speaking to today’s Republican retreat in Baltimore, had this to say about this morning’s GDP numbers:
“The latest GDP numbers show that our economy is growing by almost 6 percent. That’s the most since 2003. To put that in perspective, this time last year, we weren’t seeing positive job growth, we were seeing the economy shrink by about 6 percent. So you’ve seen a 12 percent reversal during the course of this year.”
Oh, where to start? For the sake of ease, let’s just say the GDP of country A is $100. If it declines 6 percent, that would bring it down to $94. Then, if it bumps back up by 6 percent, that brings the GDP to $99.64. That is not, in fact, a 12 percent reversal!
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?