Dems Tout Claim: 'Best-Looking Contraction in U.S. GDP You'll Ever See'
In response to the news today that the economy contracted -.1 percent in the final quarter of last year, Democrats are touting the claim that this is "the best-looking contraction in U.S. GDP you'll ever see." The claim was originally made by chief U.S. economist for Capital Economics Paul Ashworth.
"The drag from defense spending and inventories is a one-off. The rest of the report is all encouraging," Ashworth also claimed.
The claim was quickly seized upon by Democrats, looking to share good news about a contracting economy.
Remember, the liberal left is pushing a "hate the rich" agenda. They tout no growth as being a good thing because it means the successful aren't getting any profit.
-- Political Pistachio Conservative News and Commentary