msnbc.com:
Washington's spectacular failure to manage the nation's finances [in failing to increase debt ceiling] has raised concerns that a gridlocked government is also powerless to revive a slowing economy.
The latest economic data raised fresh fears that recovery could soon turn back into recession. The nation's gross domestic product, the broadest measure of the economy, rose at an anemic 1.3 percent annual rate in the second quarter, the Commerce Department said Friday.
Revisions to first-quarter data were more alarming. The government now says the economy grew just 0.4 percent in the first three months of the year, not the 1.9 percent gain logged in its previous [totally BS falsified & manipulated] report.
As one observer noted, "shocking". REALLLLY????! To Rip van Winkle, maybe.
