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Old 09-28-2012, 09:36 PM   #80
BucEyedPea BucEyedPea is offline
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PolitiFact on Obama's Promises

In his last campaign Obama made 508 promises and kept 37 percent of them.

This claim that he brought the Iraq war to a close is bogus. That was just the same status of forces agreement signed under Bush. I'll merely give him credit only for not seeking to break that agreement.

Plus we have 2% GDP growth, which of course counts the growth in govt spending indicating that the private sector economy is even weaker than the 1.3 implies below. To add any real employment at least 2.5 growth is needed.


Quote:
According to the BEA press release:

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 1.3 percent in the second quarter of 2012 (that is, from the first quarter to the second quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.0 percent.

Obama, like most Democrats, are clueness on economics.
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