According to Reuters, “When adjusted for inflation, spending nudged up 0.1 percent last month after gaining 0.1 percent in March.”
With growth in the first quarter pegged at a minuscule 1.8%, about the best you can say about the Obama economy is that we’re not in a double dip recession – yet. There are many analysts who expect that number to be revised downward and expectations for growth in the second quarter have already been cut. Housing us still a monumental drag on the economy and the employment situation is not getting much better.
The Democrats desperately want to change the subject to Medicare, which may work for a while but eventually, people will focus on the economy. With 55% believing we’re still in a recession, that means trouble for the Dems.