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White House Comments on Shrinking GDP

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Uploaded by on Oct 30, 2008

Chairman of the Council of Economic Advisers Ed Lazear says a new report showing a shrinking GDP, indicates that the economy is weakening. Consumers cut back their spending by the biggest amount in 28 years during the July-September quarter. (Oct. 30)

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  • we have hard times ahead. hopefully we come through a little smarter.

  • Q: Do you think that you have damaged the country enough? A: Well it's in pretty rough shape now, but the voters are not smart enough to figure out who did what, who got away with what, and who got what. I would say that as Republicans we totally cleaned up or served Beelzebub, or Satan or however that might be said. If we had our druthers, we would just continue to suck your blood and laugh at your slave's pain. Maybe that'll happen.

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