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'Best-Looking Contraction in U.S. GDP You'll Ever See'
In response to the news today that the economy contracted -.1 percent in the final quarter of last year, Democrats are touting the claim that this is "the best-looking contraction in U.S. GDP you'll ever see."
| Seriously? Wow. Nothing more need be said, then, while we sit back and admire for a while. |
The claim was originally made by chief U.S. economist for Capital Economics Paul Ashworth.
"The drag from defense spending and inventories is a one-off. The rest of the report is all encouraging," Ashworth also claimed.
The claim was quickly seized upon by Democrats,
| ...organized by Journolist and Media Matters... |
looking to share good news about a contracting economy.
| Because the good news isn't apparent? |
Democratic party communications director Brad Woodhouse quickly began spreading the word on Twitter:
| Never get in the way of your opponents shooting themselves in the kneecaps. |
Posted by: Beavis 2013-01-30 |
