The Washington Independent

Posts Tagged Obama admnistration

So Much for All That Economic Optimism

By | 04.29.09 | 9:27 am

Obama administration officials have been pushing cautious optimism lately, while touting any glimmers of hope for the economy. But some new numbers out today unfortunately do little to justify any optimism. The economy shrank much more rapidly than expected during the first quarter — by 6.1 percent — turning More…