MADE IN DC: Manufacturing Becomes Latest Industry to Weaken Under Weight of Failed Dem Policies
Less Production Reflects Job Creators’ Concerns in Uncertain Economy
DC DEMOCRATS STILL DON’T GET IT: DNC Chairwoman Debbie Wasserman Schultz Claims That Her Party is Ready to Take Responsibility For the Dismal State of the Economy:
“’We own the economy. We own the beginning of the turnaround and we want to make sure that we continue that pace of recovery…,’ Wasserman Schultz told Mike Allen at POLITICO’s ‘Playbook Breakfast.’” (Molly Ball, “Debbie Wasserman Schultz: ‘We own the economy’, Politico, 5/15/2011)
MADE IN WASHINGTON, DC: Under Democrat Leadership, Manufacturing Activity Fell To Its Lowest Level In Three Years, Another Worrisome Sign of A Weakening Economy:
“U.S. manufacturing shrank in June for the first time in nearly three years, adding to signs that economic growth is weakening. …
“The trade group of purchasing managers said its index of manufacturing activity fell to 49.7. That’s down from 53.5 in May. And it’s the lowest reading since July 2009, a month after the Great Recession officially ended. Readings below 50 indicate contraction. …
“Economists said the manufacturing figures were consistent with growth at an annual rate of 1.5 percent or less. That would be down from the January-March quarter’s already tepid annual pace of 1.9 percent.” (Christopher Rugaber, “US manufacturing shrinks for first time in 3 years,” Associated Press, 7/2/2012)