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The libertarian-conservative Republican commentator in New York City argues that economic growth should be free-market conservatives'steady message: "Preliminary estimates indicated that economic growth actually shrank
0.1 percent in the fourth quarter of 2013, though we later found out it
grew slightly. After the Great Recession
of December 2007 through June 2009, Obama’s combination of breakneck
government spending, jaw-dropping borrowing, asphyxiating new
regulations through Obamacare, Dodd-Frank, and the EPA, and a strident
hostility to business and the successful all have militated to keep
economic growth weak, at best."
He continues his commentary: "Since World War II, economic growth has averaged 3.3 percent
annually. However, in the last four years, growth has crawled forward at
just 0.8 percent annually. That is a rate of expansion roughly 75
percent slower than what Americans have experienced since U.S. G.I.s
defeated Adolf Hitler and Hideki Tojo. Empty store fronts, languishing
innovation, and a 7.7 percent unemployment rate are all symptoms of this
stunted-growth syndrome."
Deroy Murdock Commentary: Vibrant Economic Growth Is Job One For Conservatives
Posted by
Shay Riley
at
3/18/2013
Labels: Conservatism, Economy