Wednesday, April 30, 2014

Obamanomics under fire from GOP as economy slows to 0.1 percent growth rate

WASHINGTON – The U.S. economy slowed to an anemic pace in the first quarter of the year, according to new Commerce Department estimates, renewing Republican claims that Obama administration policies are slamming the brakes on the recovery. ✧ The department estimated that growth slowed to a barely discernible 0.1 percent annual rate between January and March. That was the weakest pace since the end of 2012 and was down from a 2.6 percent rate in the previous quarter.

Read more at Fox News

0 comments: