What Happened to President Obama’s “Recovery Summer”?

President Barack Obama labeled summer, 2010 the “Recovery Summer.” Let’s look at the facts:

• From 1948 through 2014, even including the recent recession, America’s Gross Domestic Product (GDP) grew at an average of 3.24% per year;
• Since the much hyped “Recovery Summer” it’s grown at an average 2.1%;
• During the same period first quarter growth has been an anemic average .6%;
• During the first quarter of this year GDP growth has been an atrocious.2%.

How’s that “Recovery” working out for you?

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