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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (577899)	7/25/2010 12:51:24 PM
From: d[-_-]b	3 Recommendations Respond to of 1575396

The economy will recover before 2012 The hope of changing the current regime will do that!

To: tejek who wrote (577899)	7/25/2010 12:51:38 PM
From: i-node	1 Recommendation Read Replies (1) \| Respond to of 1575396

>> The economy will recover before 2012. You have more confidence than the president. The reality is the stimulus has failed to do anything but leave us another trillion in debt: The White House’s annual Mid-Session Budget Review, sent to Speaker of the House Nancy Pelosi, shows that unemployment will not fall below 9% until 2012.The Administration has finally given in to the reality that whatever recovery the US will experience in the next two years will indeed be a “jobless recovery” The analysis also shows that the jobless rate will remain at extremely high levels, above 7% until the start of 2014.The unemployment numbers are so high that they will make the Administration’s GDP growth goals hard to reach. Many economists believe that GDP will grow no better than 2.5% this quarter and will do little better than that in the fourth quarter. The mid-year review shows an expectation of 3.9% GDP growth this year when measured in current dollars with a jump to nearly 5% next year and 5.8% in 2012. Read more: White House Expects Unemployment Above 9% Until 2012 - 24/7 Wall St. 247wallst.com 247wallst.com