This is in some ways a conservative’s dream GDP report. The private sector is humming along in the face of shrinking government. Now, they can’t celebrate that — it makes sense to drape the negative top line number over Obama’s shoulders, and in this particular case the part of government that’s shrinking is the only one the right really cares about.<quoted text>
Whistling in the dark.
Obama is celebrating measly 1.2% GDP growth for all of 2012.
Welcome to Europe, we are finally there.
you did get the last correct.
austerity hasn't helped Europe either.