You do realize, of course, that slow growth is a global phenomenon:
Whoa, I had no idea that other countries were slowing down. Spain is in denial, unemployment is 25% and the banks are loath to write down any bad loans, no wonder their interest rates are through the roof on their own debt, no one believes they believe their own BS.
China is slowing down and they claim that they are propping up the slow down, again, more denial. Yet everything appears rosy here in the United States, again the Obama proponents are again in denial, as usual. http://www.tradingeconomics.com/united-states/gdp-growth
Track the Gross Domestic Production during Obama's tenure as President, please try and stick to our current President, not one we had 25 years ago, who, while amusing, just does not pass the Obama Mustard. As you can see from the simple BAR charts, the very best that Obama has seen in his tenure, so far, was in 2010, when he had 3 good quarters of 3.8%, 3.9% and 3.8% in growth, then we have seen him slide back down to woeful growth in 2011, with numbers of 0.4%, 1.3%, and 1.8%. His last quarter was revised at 1.9% growth, with the European crisis hitting the papers at full steam. So that was actually one of his better quarters.
All this while the Fed is stating that growth expectations are being revised, downward to between 1.9 and 2.4% for the REST of 2012. Not looking good for a re-election campaign when most of your presidential term has been mired in poor economic activity.
So now, do we all think the Harvard Grad who has a Law Degree is better suited to tackle economic issues than the Harvard grad who actually has a business degree? Those living in denial, no need to answer....