THE U.S. ECONOMY IS NOT GROWING ENOUGH TO KEEP IT OUT OF ANOTHER RECESSION

The second-quarter UCLA Anderson Forecast said the growth of real gross domestic product — meaning the inflation-adjusted value of goods and services produced — is too small to help the nation climb out of its slump. The figure was 15.4 percent below a "normal" growth trend, forecast director Edward Leamer wrote. "To get back to that 3 percent trend, we would need 4 percent growth for 15 years, or 5 percent growth for eight years, or 6 percent growth for five years, not the disappointing twos and threes we have been racking up recently," he said.

"It's not a recovery. It's not even normal growth. It's bad," he wrote.

WE'RE NOT TREADING WATER.

WE ARE SINKING SLOWLY.

WE CAN CHANGE THIS NEXT YEAR - IF WE TAKE THE SENATE AND HOLD THE HOUSE.

I HOPE WE LAST THAT LONG.

BTW:

IF ROMNEY HAD WON, THEN WE'D ALREADY BE GROWING AT 4% BECAUSE OUR TAXES WOULD'VE BEEN CUT, REGULATIONS WOULD'VE BEEN CUT, SPENDING WOULD'VE BEEN CUT AND OBAMACARE WOULD HAVE BEEN SCRAPPED.

SIGH...