‘Our plan worked’? Obama economy slows to 1.5 percent growth



Advance govt estimate of economic growth in the 2nd quarter shows it increased at an annual rate of 1.5%.

— Mark Knoller (@markknoller) July 27, 2012

You can read the Bureau of Economic Analysis GDP report at http://t.co/0t27KrvQ

— Mark Knoller (@markknoller) July 27, 2012

Earlier this year, WH predicted 3% growth for 2012. With 1H up less than 2%, tough to hit that mark

— James Pethokoukis (@JimPethokoukis) July 27, 2012


Just days after President Obama told donors, “We tried our plan, and it worked,” we learn that the GDP grew at a sickly 1.5 percent annual rate between April and June as Americans cut back on spending.

If ever there was a time for a rapid-response ad:

@ThePlumLineGS Is 1.5% growth due to Obama's plan to fix a "crisis"? He said the other day his plan worked. Sounds like a future Romney ad.

— Rschrim (@Rschrim) July 27, 2012

Make it happen, Romney camp!

Obama: "Our plan worked" Reality: 1.5% growth. What the HELL was the plan?

— DrewMTips (@DrewMTips) July 27, 2012

Who built that, President Obama? Did somebody else make that happen?

US economy GDP rate is at 1.5%. I imagine lefties somewhere discussing how Mitt's Swiss bank account is to blame for that

— Demetrius Minor (@dminor85) July 27, 2012

BREAKING: Romney's London criticism causes GDP to shrink to 1.5% growth. #ItWorked #DoingFine

— Cuffé (@CuffyMeh) July 27, 2012

GDP growth at 1.5% this quarter. DAMN YOU ROMNEY'S TAX RETURNS! #shakesfist

— Artrexis (@SamARosado) July 27, 2012

@LachlanMarkay Gotta blame the Bush/Cheney Axis #ObamaDidntDoThat

— 'Teahadist' h/[email protected] (@smitty_one_each) July 27, 2012

Darn headwinds!

Clearly only one thing can save us from economic catastrophe:

If Romney discloses his tax returns, we can immediately expect a 0.5% GDP bump.

— Lachlan Markay (@lachlan) July 27, 2012

But of course, it’s Mitt Romney who’s having a terrible, horrible, no good, very bad week.

I love how Romney gets trashed for something he said about Olympics, while we are sitting at 15% U6 and 1.5% growth and that seems alright?

— Amedio Falleroni (@DonAmedio) July 27, 2012

So the economy grew at an anemic 1.5%, but all of Obama's surrogates, aka media, want to talk about is Romney s "gaffe". #priorities

— Nancy Swider (@nancy_swider) July 27, 2012

US 2Q GDP comes out at an anaemic 1.5%. But don't worry, liberals. Mitt Romney has a horse.

— John McGuirk (@john_mcguirk) July 27, 2012

Hey @markos! Remember how you said Romney had a disastrous day yesterday? What do you call 1.5% Q2 growth for Obama? #tcot #p2

— RB (@RBPundit) July 27, 2012

Even Piers Morgan gets it. Piers Morgan!

I suggest everyone stops worrying about Romney's manners and starts worrying about these new American economic figures. #DeflatingDollar

— Piers Morgan (@piersmorgan) July 27, 2012

But no worries. The private sector is doin’ fine!

A parting idea for stimulating growth:

Fine I'll drive 40min to my nearest Chick – Fil-A RT @bdomenech 1.5% growth. You stupid consumers, buy something.

— Artrexis (@SamARosado) July 27, 2012

Read more: http://twitchy.com/2012/07/27/we-tried-our-plan-and-it-worked-obama-economy-slows-to-1-5-percent-growth/

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