Discover GOP Opprobrium

[teapeebubbles]

The Commerce Department reported yesterday that the "American economy is contracting at its steepest pace in 50 years...but an unanticipated rise in consumer spending since January suggested to many economists that the worst of the recession might have passed." Output fell at an 6.1 percent annual rate in the first quarter of this year after falling at a 6.3 percent rate in last year’s fourth quarter.