Thursday, June 26, 2014

Canada's GDP Grew 1.2% in First Quarter of 2014 Even Though They Had Colder Weather Than U.S. : Will Harry Reid Blame Koch Brothers For Canada Over Coming the Weather?

Powerline reports on "lucky " Canada who wasn't "affected" by the cold weather, by still having a growing economy :
The Obama administration views itself as an endless victim of bad luck. Somehow, everything seems to go wrong on its watch. The culprit here, supposedly, was a bitter winter. But consider this: Canada’s GDP increased in the first quarter at a 1.2% annualized rate. This was described as “an unexpectedly weak start to 2014, with unusually severe winter weather hampering spending across the board.” So it seems that something else–Obamacare, maybe, and the Obama administration’s regulatory attack on business–drove the U.S.’s terrible results.
No word yet on whether Harry Reid will blame the Koch brothers for Canada doing better than the U.S. in the first quarter.