Q4 2012 GDP of -0.1 and Pathetic Superbowl Ads Equals Recession

Written: 04-Feb-13 By: Matthew F.

The 4th quarter 2012 Gross Domestic Product came in at -0.1 when normally the Christmas season helps make the fourth quarter the best of the year. I have only watched the first half of the Superbowl, but it looks like a lot of the ad spots did not sell and not too many companies were willing to spend the big bucks for memorable ads. This makes me have to call it now-WE ARE IN A RECESSION! Thanks to Congress and the President for not coming to some sort of agreement on the budget and ensuring that the first quarter of 2013 will also be mired by sequestion concerns.

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