A Few More Contractions, and the Economy Will Really Be Rolling!

If you ever needed a definition for “spin”, this is it.

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 The claim was originally made by chief U.S. economist for Capital Economics Paul Ashworth.

Yup. We are double-dipping, ladies and germs, and the smart boys are loving it. Because apart from the contraction of the economy part, everything else was really “encouraging”. Yeah, that’s the word.

Encouraging.

"But look how well it's moving through the water!"
“But look how well it’s moving through the water!”

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