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Politics : Don't Blame Me, I Voted For Kerry
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To: Ann Corrigan who wrote (19457)4/30/2004 6:38:55 PM
From: CalculatedRiskRead Replies (2) of 81568
 
Check your math. You wrote: "The economy has grown 20% for 4th consecutive quarter." Not even close.

GDP grew at a 4.2% ANNUAL rate in the first quarter, a significant portion due to defense spending. That is not bad, but considering the $682 Billion in deficit spending (over last 12 months) and 1% emergency rates, it is worrisome.
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