U.S. Economy Loses Steam; GDP Growth Stalls
Data released by the U.S. Commerce Department reveals that GDP growth in the United States contracted to an almost flat 0.2 percent in Q1 of 2015. This is virtually stall speed, and a sharp contrast to last summer, when officials proclaimed that America’s economy was experiencing sustained high GDP growth.
Typically, the policymakers and government officials will come up with a multitude of explanations for this poor measure of the American economy. No matter the spin, however, this is bad economic news, which surprised the most somber predictions of the experts.
If Hillary Clinton runs for President of the United StatesĀ in 2016, see the video about the book that warned back in 2008 what a second Clinton presidency would mean for the USA: