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May 29, 2008

First Quarter GDP Figures: No Recession

The final figures are in for the first quarter of the year and the estimate was low.  The final figure is a GDP growth of .9 percent; the estimate was .6 percent.  So once again, we are not in a recession and those who have claimed, and profited from the claim, that we are in a recession were just polemics or suckered by polemics. 

May 29, 2008 in Current Affairs | Permalink

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