| The Stench |
Find out how Cooch took $55,000 from the disgraced "U.S. Navy Veterans Association," in apparent exchange for his promise to get the Virginia Office of Consumer Affairs (which had "notified Thompson's group that it no longer qualified for an exemption from state registration requirements") off the group's back. Can we say "pay-to-play?" Find out more.
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Progressive Legal Directory
www.criminallawyervirginia.net
www.virginia-duilawyers.com
www.virginia-personalinjurylawyer.com
www.recklessdrivinglawyer.net
www.helpdisabilitylawyer.com
www.criminallawdc.com
www.duilawsdc.com
ADT Home Security in
Virginia
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Fri Jan 27, 2012 at 08:58:50 AM EST
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 The Washington Post reports:
The U.S. economy grew at a 2.8 percent annual rate in the final three months of last year, the fastest growth in 2011.
Americans spent more on cars and trucks, and companies built up their stockpiles. But growth in the October-December quarter - and all of last year - was held back by the biggest annual government spending cuts in four decades.
[...]
Spending by government at all levels fell at an annual rate of 4.6 percent in the fourth quarter and 2.1 percent for the year - the biggest decline since 1971. Key takeaways from this data? First, the economic recovery is slowly but surely gathering momentum, as we dig our way out of the Bush/Republican Great Recession, thanks in large part to policies put in place by President Obama and the 2009-2010 Democratic Congress. To them, we should all say, "thank you!" Second, the recovery was held back by one factor above all -- the Teapublicans' insistence on damaging, de-stimulatory policies, particularly cutbacks in state and federal employment. Thanks a lot. Third, the economic recover would have been even faster if Teapublicans hadn't played games this past summer with the debt ceiling, thus massively increasing the very "uncertainty" they decry; and if they had allowed for more (and better) economic stimulus, and not insisted on damaging, short-term austerity policies (when the opposite is called for, according to every Econ 101 textbook).
In sum, to the extent that the economy's recovering thanks to government policies, it's mostly thanks to President Obama and the Democrats, with Republicans not just a neutral factor but actually a significant negative factor. The question is, why would anyone in their right mind vote for these people to send us lurching backwards, just as we're finally pulling ourselves out of the ditch they drove us into? |
| lowkell :: Breaking: Economic Growth Picked Up in 4th Quarter Despite GOP Policies Holding it Back |
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The purpose of Blue Virginia is to cover Virginia politics from a progressive and Democratic perspective. This is a group blog and a community blog. We invite everyone to comment here, but please be aware that profanity, personal attacks, bigotry, insults, rudeness, frequent unsupported or off-point statements, and "trolling" (NOTE: that includes outright lies, whether about climate science, or what other people said, or whatever) are not permitted and, if continued, will lead to banning. For more on trolling, see the Daily Kos FAQs. Also note that diaries may be deleted if they do not contain at least 2 solid paragraphs of original text; if not, please use the comments section of a relevant diary. For more on writing diaries, click here. Thanks, and enjoy!
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