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| Economy |
| Economy for J-M 2015 was really, really bad (in case you missed it) |
| 2015-04-06 |
| The U.S. economy isn't off to a great start in 2015. It's looking so rotten that the Federal Reserve Bank of Atlanta just cut its growth projection to zero for the first three months of the year. That's a big drop from the 1.9% growth forecast they started with in early February. Of course, this is only an estimate. The official data on first-quarter growth will be released April 29. But it's yet another sign of the cracks appearing in the economy in a year when America was supposed to be the global growth leader. What went wrong? Blame the weather and the strong U.S. dollar CNN won't say so but Obamacare and predatory regulations might have something to do with it also. |
| Posted by:lord garth |
| #2 ...I started working at my current employer - a galvanizing plant - in June of 08, and in all honesty even after the collapse that October, things never slowed up. In fact, they continued to speed up until last August, when things perceptibly slowed down. And from December to now, it's been miserable - I'm barely getting forty hours a week in, and some weeks not even that. Now it's making sense. Mike |
| Posted by: Mike Kozlowski 2015-04-06 16:43 |
| #1 Wouldn't be a surprise if they were being honest about the employment numbers. Like using the U-6 instead of the U-3. |
| Posted by: OldSpook 2015-04-06 12:51 |