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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (30563)2/1/2000 6:14:00 AM
From: Mao II  Read Replies (2) of 50167
 
Mr. Latif: If you take apart the GDP numbers for the quarter, you can see that the economy is indeed humming along. But a major boost to growth came from an extraordinary increase in government spending, up almost 20 percent over Q3. I do not expect this high spending level to continue, and therefore numbers for this quarter may well indicate apparent cooling. M2
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