Thursday, July 31, 2008

Still No Recession

The Democrats are trying their damndest to make sure that the USA has a recession. O'Bama is proposing all kinds of new taxes. The Democrat-controlled congress refuses to allow drilling for oil and gas in many parts of the USA. They don't want energy prices to go down because it helps reduce 'carbon emissions' to help exorcise their 'global warming' bogeyman.

In spite of all these efforts. GDP rose by an annualized 1.9% in the second quarter of this year (April - June).

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