Hillary Clinton said today or yesterday that we are definitely out of the hole that Obama inherited, but we aren’t running yet or something:
Meanwhile, numbers are out today on the first quarter of this year and the economy is still shrinking! They had predicted 0.2% growth but it didn’t even do that well. It shrank 0.7%.
If a shrinking economy is Hillary’s idea of an economy that is doing well, then I’d hate to see her idea of an economy that is in trouble:
USA TODAY – The U.S. economy shrank in the first quarter as the nation’s trade deficit widened and business stockpiling slowed.
Gross domestic product — the value of goods and services produced in the U.S. — contracted at a seasonally adjusted annual rate of 0.7% in the January-March period, the Commerce Department said Friday. That’s well below the modest 0.2% growth the government initially estimated.
The report was the government’s second estimate of first-quarter GDP. It will publish a final estimate in June.