Economic growth anemic at best..........

Economic growth in the first quarter was finally revised to a tepid 2.7% reports the AP.

The real disappoint comes here, "Economists anticipate even slower growth ahead as companies bring their stockpiles more in line with sales. Factory output has climbed this year. But it was driven more by businesses replenishing their warehouses after the recession and less by consumer demand.

"The economy is growing, but still at a disappointingly slow pace," said Zach Pandl, an economist at Nomura Securities. Take away businesses restocking their inventories and "you still have a lukewarm recovery," he said."

Now add this to a previous story about massive tax increases coming out way next year and it is hard to believe that we will not see a crushing double-dip recession.

Strap in and get prepared