So says WH spokesclown Jay Carney, as reported by Mark Knoller of CBS News. Never mind that little GDP contraction in Q4.
Despite slight contraction in Q4 GDP, WH/Jay Carney says “we continue to be poised for economic growth & job creation.”
— Mark Knoller (@markknoller) January 30, 2013
Haven’t they been saying this for about three years? You know, the “summers of wreckovery?” I don’t know about you, but I’m not holding my breath. The White House, of course, blames somebody else. This time, it’s Congress:
Some of the fiscal issues that may have weighed on the economy in the fourth quarter of 2012 were resolved with the passage of the American Taxpayer Relief Act in early January, which provided more than 98 percent of Americans and 97 percent of small businesses with the certainty that their income taxes will not rise. Today’s report is a reminder of the importance of the need for Congress to act to avoid self-inflicted wounds to the economy. The Administration continues to urge Congress to move toward a sustainable federal budget in a responsible way that balances revenue and spending, and replaces the sequester, while making critical investments in the economy that promote growth and job creation and protect our most vulnerable citizens.
Hahahaha. Federal budget? Wile E. Obama’s ACME Economic Destruction Co. cohorts haven’t proposed a budget in three and a half years. Oh, and there are NO critical moves that the government can ever make that will promote job growth – excepting, that is, to stop trying and get out of the way.