Signs of Trouble Ahead for Obama

Ed Cox & David Laska, New York Post
President Obama is riding high in the afterglow of his second Inauguration — but the signs of trouble ahead are already becoming clear.First off, it now looks like the US economy peaked in the third quarter last year — growing at 3.1 percent, a huge leap from 1.3 percent in the second quarter and 2 percent in the first.That was perfect timing for his re-election, bringing unemployment below 8 percent for the first time since Obama took office and robbing Mitt Romney of one of his top talking points.

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