Today's report on the GDP for the second quarter is showing a 1% decline, better than expected and far better than the 6.4% decline in the first quarter. Some economists are already saying this is the best sign yet that the economy has bottomed out and recovery is on the horizon.
President Obama, in a statement, was cautiously optimistic - crediting the stimulus package and other measures taken in the past 6 months, but saying he wouldn't rest until everyone who was looking for a job found one.
The Rethugs? Oh, yeah: "Blah blah stimulus a failure...blah blah... Obama's a socialist... blah blah... we're not sure where he was born...blah blah... Eek! Obamacare!...blah blah..."
