The stats are in: GDP growth in the last quarter was 2.8 percent, the highest rate in a year. While economists had predicted it would be 3 percent, it's still a lot better than the negative numbers during the Great George W. Bush Recession. On top of that, consumer sentiment is up for the fifth straight month.
For those Republicans who claim President Obama has put the economy into recession or, even, a depression: The National Bureau of Economic Research defines a recession as two consecutive quarters of negative economic growth.
Therefore, we cats are unclear as to how a 2.8 percent positive growth qualifies as the worst-ever economic news possible. (Unless of course, Barack Obama is in the White House.)
You know what we cats think? That a cynic might believe that the people who drove the economy into the ditch a few years ago don't deserve to be in charge again. If so, call us cats cynical.
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