Obama’s Three Cover-Ups at DickMorris.com: Barack Obama won re-election by perpetrating three frauds.
1.) He sold the American people on the idea that we were in the midst of a slow recovery. Given time, he assured us, we would grow our way out of the recession and all would be fine. Nonsense. We now learn — three months after the balloting — that we were entering a recession even as the president spoke. The fourth quarter of 2012 showed a negative growth rate of 0.1 percent, the first contraction in three years. Far from standing on the verge of prosperity, we were tumbling into a new recession.
The question for us now is whether the contraction will continue and grow into a full-fledged recession (the economic definition of a recession is two consecutive quarters of contraction). My bet is that in July — when the second-quarter data is in — it will be evident that we are in a recession and have been since we reelected the president based on his erroneous assertion that we were in recovery.
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