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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (694651)8/1/2005 9:51:59 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
"I have yet to see a single economic statistic for USA that isnt head and shoulders above anything in europe."

Is that all you want?

OK, here's one: the GNP per-hour-worked in *higher* in France then it is in the US. (The lesser output per capita in France seems largely because they TAKE MORE TIME OFF FROM WORK --- averaging a 5 week long annual vacation per person --- then we do.) That is simply a choice made about the amount of leasure time.

"I understand we are on track to have a 5% GNP growth 4th qtr of this year. INCREDIBLE isnt it?"

Yep... that's pretty 'incredible', (& it would be very welcome if it ever comes to pass), but with the official revisions *downward* from national growth since the recession, it seems unlikely.