Mar
01

GDP is Back!

The US economy is improving; GDP is finally back where it was before the collapse of Lehman Bros! But by many measures the economy has a long way to go. For example, there are 130 million employed persons in the economy today the same number as in Jan 2000! That’s why we have low rates of factory utilization; putting downward pressure on wages. As for housing, well, you know the story.

Share This Post
Facebook Twitter Email

Speak Your Mind

*