Data Point – And Americans are “settling” for this dismality?

by

Fed Trims Interest-Rate, Growth Forecasts.

In forecasts released as part of the central bank’s interest-rate setting Federal Open Market Committee, officials cut their growth forecast for this year to 1.8%, from 2.0% in June, and held steady their view for next year at 2.0%. Notably, they lowered their long-run view on the economy’s growth rate to 1.8% from 2%.

Somehow, this new “normal” has been in effect since 2008….such  economic geniuses, this President and royal posse are.

(H/T: Instapundit)

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  • Skip
    Skip

    Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.

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