Posted 2/2/2010 05:33 (#1053748 - in reply to #1052496) Subject: RE: The US Budget in a Growing economy!!
Just one comment about 4th quarter GDP. IMO, everyone hunkered down all year long and didn't buy that new car or the new electronics, motorhome, boat. etc. But they weren't willing to give up Christmas and let their kids suffer.
Yes the numbers are encouraging but we really need to look at a longer timeframe to proclaim a recovery. We need to be buying enough durable goods to get factories hiring more workers.
The US Budget in a Growing economy!!
