GPD Growth Slows

If people are planning on a robust recovery, they will be disappointed:

The economic recovery slowed more than expected early this year, raising fears of a spring slowdown for the third year in a row and giving Republicans a fresh opportunity to criticize President Obama’s policies.

The United States gross domestic product grew at an annual rate of 2.2 percent in the first quarter, down from 3 percent at the end of last year, according to a preliminary report released Friday. It was the first deceleration in a year, but it was not nearly as severe as other setbacks in the last couple of years.

Yeah, it sucks, but not so badly, until Angela Merkel manages to accomplish her goal of blowing up Europe though a misguided push for austerity.