Economic data bad news for Obama

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Economic data bad news for Obama

3News NZ

Barack Obama (Reuters)

Barack Obama (Reuters)

With the US election just four months away, the latest economic news remains grim for President Obama.

GDP growth is a very weak 1.5 percent, not enough to bring down the US' high level of unemployment.

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Comments

30/07/2012 4:02:52 p.m.

Mike wrote:

When will Obama back policies that get the US out of its economic problems vs vote buying social policy with more burden on the US income earners?

Oh? Never! As with any Democrat president, social spending went up again, and the US economy headed more for the toilet. We can see how much this is so as our own currency has made so much ground on the US currency, and our country is not in good shape currently.

In the US we have by some reports 96% of those calling themselves 'Black' voting Obama on racial grounds, which must be the most racist vote the US has ever seen. Now if all the non-black chose to vote 96% against Obama it would be considered racist, yet any voting on the basis of the colour of someones skin is racist.