‘Holy Cow!’: CNBC’s Rick Santelli Gets Fired Up Over Terrible GDP Growth

Obama Economy: Rick Santelli Loses It Over Terrible GDP Growth (Washington Free Beacon)

CNBC’s Rick Santelli could only say “Holy cow!” at the news that the first quarter of 2014 GDP growth was a mere 0.1 percent.

“It’s a tie,” he said. “The last time we had such a non-robust level of growth was the fourth quarter of 2012 when it was exactly 0.1, the same as it is now. We’d have to go back to March of 2011 to find a lower number, and the lower number was -1.3.”

Market Watch reported that the economists it surveyed had expected growth of 1 percent: