Economy Turns Around

Debbie Wasserman Schultz, Chief Motormouth for the Democratic Party, announced today that the Dems have really begun to turn the economy around. www.realclearpolitics.com/video/2011/08/02/debbie_wasserman_schultz_weve_really_begun_to_turn_the_economy_around.html Really? What a master of timing! Consider:

•  Today's Dow: down 512 points, the steepest decline since 2008. news.yahoo.com/dow-falls-512-steepest-decline-since-08-crisis-210736924.html
• 2nd quarter GDP growth was much slower than expected at 1.3% annualized. www.foxbusiness.com/markets/2011/07/29/us-2q-gdp-growth-weaker-than-expected/
• Tomorrow the job reports come out. I can hardly wait. 

The economic picture that I'm seeing is the one above. Perhaps the numbers are for Tatooine in a galaxy far, far away and the economy really is turning around here on earth. Or perhaps it is Ms. Wasserman Schultz and her Democratic colleagues who are from that galaxy far, far away.  Hmm... I wonder. That could explain a few things.