Saturday, July 28, 2012

Some things to think about on a Saturday morning

The big story was the US economy:

"Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 1.5 percent in the second quarter of 2012, (that is, from the first quarter to the second quarter), according to the “advance” estimate released by the Bureau of Economic Analysis. 

In the first quarter, real GDP increased 2.0 percent." (via Hot Air)

How far is 1.5% for zero?  Not very far!  

What does it mean that we had 2% in the 1st quarter and 1.5% in the 2nd quarter?  It means that the US economy is not growing.  You can not create enough jobs at this pace of growth.  It means that the unemployment rate on election day will very likely start with 8%.

We mentioned last week that Brian Ross & ABC News will mean that more and more people will shut off the mainstream media.  Today's NBC/WSJ poll won't help the media either.

According to the poll, Pres BO leads Gov Romney 49-43%, a comfortable lead.

However, there is a big problem with this poll.  Bill Katz mentioned it today:  It oversampled Democrats!   They oversampled Dems by + 11.

Did I tell you that people are turning off the mainstream media.  The answer is yes and these outrageously stupid polls are the reason.

On a more serious note, Gallup & Rasmussen show a more competitive race and even an edge to Romney.

Click here for our Friday show with Dr Ileana Johnson-Paugh:

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