Tag Archives: recession

Peter Schiff: Obama's Phony GDP Growth

Recession: A period of general economic decline; typically defined as a decline in GDP for two or more consecutive quarters. A recession is typically accompanied by a drop in the stock market, an increase in unemployment, and a decline in the housing market. A recession is generally considered less severe than a depression, and if […]

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Obama's Economic Scare Tactics Are The Real Catastrophe

There should be little wonder why Wall Street has absolutely cratered since Obama took office. Investors know history (unlike the glassy eyed Obama supporters) and can see right through the daily “crisis” diatribe coming from the new administration…

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On 2-5-09, "Economy In Crisis, Every Day Counts!"–Obama. On 2-15-09, White House Dampens Stimulus Expectations Now That It Has Passed Congress

Ten days ago Barack Hussein Obama wrote an op-ed in the Washington Post addressing the urgent need for the passage of the massive so called Economic Recovery Act. He got his wish with the bill passing through the Democratic Congress yesterday yet a mere 24 hours later, guess what?

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Bush Mentions Recession In 2000, Gets Ripped A New One. Obama Dogs Economy For Months, Gets Free Pass As We Go Belly Up

Just eight short years ago the newly elected 43rd president of the United States, George W. Bush, had made some references to the fact that our economy may be headed for a slight recession and his administration was preparing to do what they could to try and nip this scenario in the bud. Then all hell broke loose. Yet for months we have been subjected to nothing but doom and gloom from the Obama camp of behind the scenes handlers and where the hell are the folks that laid into Bush for merely suggesting things were slowing down a bit in 2000? Where are the media hounds crying foul about Obama hurting the economy with his constant barrage of negativity?

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