FACT OF THE DAY – A Day Late

Yesterday we learned that the GDP in Q2 of this year grew at an annual rate of 1.3% following the 2.0% rate of Q1. Context? The same two quarters in 1992 when Clinton ran around yelling it’s the economy, GDP grew at 4.5% and 4.3% rates respectively. The numbers are adjusted for inflation so don’t get statistical on me.

If only we had such growth rates now…