American Economic Recovery Weakest Since Great Depression


According to the AP, the economy is the weakest it’s been since World War II.

AP reports,

The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression.

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Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest.

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The ugliness goes well beyond unemployment, which at 8.3 percent is the highest this long after a recession ended.

Economic growth has never been weaker in a postwar recovery. Consumer spending has never been so slack. Only once has job growth been slower.

Well we only have to look forward to more of it unless something is done. Obamatax will increase in 2013, more spending on both sides of the aisle will continue, unemployment continues to remain well above eight percent and Republicans blame Democrats and Democrats blame Republicans for it all.

I do have to wonder when we will have elected officials who think of the Constitution, real fiscal conservative plans, and true limited government.

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