Fed survey: US economy expanding moderately in early part of year, led by consumer spending

  • Article by: MARTIN CRUTSINGER , Associated Press
  • Updated: March 6, 2013 - 3:12 PM
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callmeronMar. 6, 13 2:11 PM

If the economy is growing so good, how come GDP growth was negative for 4th quarter 2012? How come mass layoffs were at a three-year high for that quarter? How come Stryker, Boston Scientific, and other medical device industry companies are laying off workers to pay new Obama taxes? If the economy is so good, how come I can go to Google News and read stories about mass layoffs every single day? Go to Google News and type the word "layoffs" into the search box and see what you find. Mass layoffs in IL announced totaling 1,100 workers just hours ago. Wall Street and banks are laying off thousands of workers. Stores are closing. Best Buy just cut 400 jobs. None of this is related to the tiny budget cuts recently enacted. Then when you are at Google News also type in "store closing" into the box. All kinds of closures, from coffee shops to small restaurants, gas stations, you name it. And we are supposed to believe Obama's lies that the economy is going good??? Obama and his liberal media allies have been lying through their teeth for FOUR YEARS now telling us the economy is getting better when the FACT of the matter is that UNEMPLOYMENT IS HIGHER TODAY THAN IT WAS WHEN OBAMA TOOK OFFICE IN 2009!

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notforwardMar. 6, 13 2:21 PM

Interesting. My survey shows that the Fed is lying again per team Obama.

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theagonybhoMar. 6, 13 3:51 PM

Im doing a survey myself on how great i am at work, so far im doing quite well.

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