Economic Growth-Conservative Style

During the past election Mr. Romney and Mr. Ryan insisted that  cutting government expenditures and reducing taxes on the poor wealthy folk of the nation would ensure economic prosperity to the entire nation. George Osborne, speaking for the Conservative government of David Cameron boasted the British economy had expanded by 0.3% and that good times were coming. Of course, unemployment is about 10% and at no time since austerity began has the economy grown by 1%. Ordinarily, if an economy grows at a 2% rate it should hit 10% over a five year time  period.

The David Cameron Conservative model has witnessed a CONTRACTION of 2.5% over this time period. Of course, the Obama plan has witnessed a growth in jobs and a growth in the economy. Now, if only Barack would listen to David, America could have a prosperous contracting economy!

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