While the Associated Press assures its readers the “economy will continue to expand, slowly but steadily,” Reuters, apparently unable to find anything nice to say about the report, admitted Friday’s numbers were “tepid.”
But mild concessions, excuses, and promises of economic recovery aside, there is one critic who thinks Friday’s numbers are unacceptable: CNBC’s Rick Santelli, the man commonly credited with launching the Tea Party movement.
“And the survey says disappointing,” Santelli said of Friday’s economic report, “2.2! We were looking for two-and-a-half, we need three-and-a-half, and we hope for four. 2.2!”
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