LAMBRO: Obama's Orwellian economy - Washington Times

LAMBRO: Obama's Orwellian economy - Washington Times How is it possible that Barack Obama leads Mitt Romney on who can better handle the economy when it has been in decline all year? Economists on both sides say this is one of the weakest recoveries since the Great Depression. New York Times economic columnist Paul Krugman, one of President Obama’s early supporters, said, “This is still a terrible economy.” The overall economy barely grew by 1.7 percent in the second quarter, down from 2.0 percent in the first three months of 2012. Business economists have lowered their forecasts to 1.5 percent or lower for the year. The Federal Reserve Board says it will keep its interest rates near zero for the foreseeable future because they expect the economy to remain in a weakened condition for several years to come. Read more: LAMBRO: Obama's Orwellian economy - Washington Times http://p.washingtontimes.com/news/2012/sep/25/obamas-orwellian-economy-were-moving-backward-not-/#ixzz27aJkmh6q Follow us: @washtimes on Twitter