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To: blam

We’re not in a recession but the GDP growth last quarter was 1.9%, a paltry figure.


20 posted on 07/03/2012 2:21:51 PM PDT by Signalman
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To: Signalman

If newly printed money wasn’t being borrowed and spent by the Treasury, the GDP numbers would be negative.

The problem with using the GDP to measure the economy is that it treats government deficit spending as growth.


23 posted on 07/03/2012 2:40:24 PM PDT by SampleMan (Feral Humans are the refuse of socialism.)
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