XPost: ba.politics, dc.media, soc.penpals   
   XPost: alt.burningman   
   From: msnbchomo@espn.com   
      
   It isn't going to improve until America-hating Obama is out of   
   office.   
      
   (Reuters) - The U.S. government slashed its estimate for fourth-   
   quarter economic growth on Friday in the latest sign of a loss   
   of momentum, but some tentative signs emerged that suggested the   
   worst of the slowdown may be over.   
      
   Gross domestic product expanded at a 2.4 percent annual rate,   
   the Commerce Department said, down sharply from the 3.2 percent   
   pace it reported last month and the 4.1 percent logged in the   
   third quarter.   
      
   The economy has faced a number of headwinds, including a 16-day   
   shutdown of the government in October and an unusually cold   
   winter that has weighed on activity since late December.   
      
   Growth has also been dampened by the expiration of long-term   
   unemployment benefits, cuts to food stamps and businesses   
   placing fewer orders with manufacturers as they work through a   
   pile of unsold goods in their warehouses.   
      
   "I don't think the fundamentals have changed appreciably," said   
   Ryan Sweet, a senior economist at Moody's Analytics in West   
   Chester, Pennsylvania. "Heading into this year we knew it wasn't   
   going to be smooth sailing."   
      
   http://in.reuters.com/article/2014/02/28/usa-economy-   
   idINDEEA1R0AW20140228   
      
       
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)