UCLA Anderson Forecast paints dismal picture of economic recovery...
"It's not a recovery. It's not even normal growth. It's bad," UCLA economist Edward Leamer says.
http://www.latimes.com/business/la-f...,7676874.story
The country's tepid growth in its gross domestic product isn't creating enough good jobs to build a strong middle class, according to a UCLA report released Wednesday.
Real GDP growth — the value of goods and services produced after adjusting for inflation — is 15.4% below the 3% growth trend of past recoveries, wrote Edward Leamer, director of the UCLA Anderson Forecast. More robust growth will be necessary to bring this recovery in line with previous ones.Obama's economic/social policies have been an anchor around our recovery.........This is the worse recovery from a recession in modern history....Obama's policies have worked to prevent a strong recovery, not encourage it.
Do you even read the stories you link it. The report indicates factors that no president or party can address. Originally Posted by BigLouie
The Opening paragraph says it all:I would like to you tell me where in that paragraph or where in the article what is happening is tied directly or indirectly with ANY of the President's policies?
The country's tepid growth in its gross domestic product isn't creating enough good jobs to build a strong middle class, according to a UCLA report released Wednesday.
Real GDP growth — the value of goods and services produced after adjusting for inflation — is 15.4% below the 3% growth trend of past recoveries, wrote Edward Leamer, director of the UCLA Anderson Forecast. More robust growth will be necessary to bring this recovery in line with previous ones.
I came to the US during the Clinton years. I remember thinking Clinton was smart to embrace Newt's ideas when he got in trouble. Originally Posted by Uncle HanI'm new to the USA as well--dual citz. I'm a liberal in the UK but a socialist here I'm afraid. Which is actually fine by me. I consider myself a democratic socialist anyway;-)
I meant no offense mates---this is in fact some odd hooker board lmfao. Anyway, I was merely stating here in the states it seems as though I'm considered a socialist rather than a liberal(back in the UK.) Honestly, I haven't a clue what "Uncle Han" was trying to say...? Errr, I suppose I'm not liberal when it comes to foreign policy and Israel;-) Originally Posted by BearJew1948The posters on ECCIE are predominantly from the southern parts of the US (largely Texas), so you get a lot of conservative posters here.
...... For better or for worse, I think he should've just rammed whatever legislation the Democrats wanted down everyone's throats and see what happens. Originally Posted by jbravo_123