| | #2 (permalink) | |
| Registered User Member Since: Apr 2006 Location: I live in a big house in Dallas that I paid cash for with some of the millions of dollars I earned as a lawyer, entrepreneur and investor.
Posts: 2,216
| Quote:
WASHINGTON -- Government efforts to funnel hundreds of billions of dollars into the U.S. economy appear to be helping the U.S. climb out of the worst recession in decades. Economists say the money out the door -- combined with the expectation of additional funds flowing soon -- is fueling growth above where it would have been without any government action. Many forecasters say stimulus spending is adding two to three percentage points to economic growth in the second and third quarters, when measured at an annual rate. The impact in the second quarter, calculated by analyzing how the extra funds flowing into the economy boost consumption, investment and spending, helped slow the rate of decline and will lay the groundwork for positive growth in the third quarter -- something that seemed almost implausible just a few months ago. Some economists say the 1% contraction in the second quarter would have been far worse, possibly as much as 3.2%, if not for the stimulus. U.S. Economy Gets Lift From Stimulus - WSJ.com
__________________ Ronald Reagan was a great Socialist. He saved Social Security. | |
| | [ Reply w/Quote ] |
![]() |
| Thread Tools | |
| Display Modes | |
| |
| Home | Help | Contact Us | About somd.com | Privacy | Advertising | Sponsors | Newsletter |
| What's New | What's Cool | Top Rated | Add A Link | Mod a Link | Link to Us |
| Announcements
| Bookstore
| Chat
| Calendar
| Classifieds
| Community
|
| Contests & Surveys
| Culture
| Dating
| Dining
| Education
| Employment
| Entertainment
|
| Forums
| Free E-Mail
| Games
| Gear!
| Government
| Guestbook
| Health
| Marketplace
| Mortgage
| News
|
| Organizations
| Photos
| Postcard
| Real Estate
| Relocation
| Sports
| Survey
| Travel
| Wiki
| Weather
| Worship
|
Brought to you by Virtually Everything, Inc. ©1996-2009, All rights reserved.