Bizblogger

Site for Free Markets and Free People

Friday, July 30, 2010

2.4% GDP Growth

For a recovery, Q2's GDP growth of 2.4% was downright pathetic. For this type of recession, growth should be in the 5-7% range. And as usual, it was below analyst expectations.

It shouldn't be a surprise, though, since virtually no one in the Obama administration has any private sector experience whatsoever.