Expansion in gross domestic product (GDP) is expected to have slowed to 1.8pc in the first quarter of the year from the 3.1pc seen in the final three months of 2010, according to Wall Street economists.Most point out that a combination of higher oil prices, a particularly harsh winter in the US and the earthquake in Japan all proved unexpected constraints on a quarter that in December was forecast to provide further evidence of a strengthening recovery.
Source: http://www.realclearpolitics.com/2011/04/25/stumbling_economy_a_headache_for_obama_254360.html
Dennis Hastert Vaclav Havel John Howard Mike Huckabee Saddam Hussein
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