Not Obama economy just cold caused the contraction of the economy, yeah right.
Check it out:
Today’s downward revision to economic growth in the first quarter put America officially into an economic contraction, which is making the “poised for recovery” bilge pumped by Obama defenders more difficult than ever to sell. It’s a relative small revision, and really a 1 percent contraction is not all that much more dismaying than the earlier 0.1 percent growth was. There are few serious concerns that we’ll hit a string of contractions long enough to declare a new recession this year.
Still, the contraction has symbolic power, and the wheezy excuses trotted out by the media to excuse Obama’s policies are getting funnier.