[bigbob]

You only need ONE reason: the entire GDP growth was due to Cash for Clunkers and First Time Homeowners gimmee programs, e.g. Gov’t spending. Wait and see when the next report comes out.

[Cementjungle]

You only need ONE reason: the entire GDP growth was due to Cash for Clunkers and First Time Homeowners gimmee programs, e.g. Gov’t spending. Wait and see when the next report comes out.

By then they will have revised these numbers downward, making the new numbers look better when they come out. They do that with all the other data that comes out these days.