Friday, May 30, 2014

Upcoming recession? Nope, Obama will see to it that doesn't happen

Seasonally adjusted gross domestic product (GDP) results came out for first quarter of 2014: our economy shrank 1%.  As we all know, the technical definition of an economy in recession is two consecutive quarters of negative growth, and I can all but guarantee you that this will not be allowed to happen by the Obama administration, no siree Bob.  Not before the 2014 election in November, not a chance.

Just like they cooked the books on the unemployment figures to make sure they dipped below 8% in time for the 2012 elections (they plummeted to 7.7% just prior to Americans casting their ballots, remember those bogus numbers?), Obama will fudge the numbers to ensure that we don't get that second negative quarter in a row.

Not only will he fudge the numbers, he will make sure that the bogus numbers look so good, we will all be amazed at the turnaround in the second quarter of 2014, all the while seeing the roles of the number of Americans no longer included in the labor participation rate increase from the 91 million mark to perhaps 100 million, maybe more.

But we will be guaranteed by this administration that there will be no recession on their watch.

Take that to the bank.  


Z said...

and if we had an honest media, or a Republican in office now, you can bet they'd be finding out about the fudged numbers and putting them in 3" headlines everywhere.
This guy? They'll cover for him till he's printed our last dollar and spent it on illegals.

Kid said...

Fredd, Did ya hear we gained back Each and Every Job Lost due tot he Bush Recession ?

hahahaaaaaaaaaaaaa. I'm telling you, they will say anything.

Fredd said...

Sure, they took a page out of Bill Clinton's playbook: you can say anything, and then lawyer the hell out of the language.

For example, I can say that I am just as good looking as Fabio. It's true: with the exception of the chiseled jaw bone, the great hair, the piercing blue eyes, the height, and the sculpted muscles, Fabio and I are identical.

See how this works?

George Orwell saw this gang coming 80 years ago or so.