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U.S. Q3 growth seen strongest in 2 years

Redress

Redress

Liberal Fascist For Life!
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U.S. Q3 growth seen strongest in 2 years - Yahoo! News

Sat Oct 10, 9:27 am ET

WASHINGTON (Reuters)-The U.S. economy likely grew at its strongest rate in two years during the third quarter, rebounding from a steep downturn that began in December 2007, according to survey of top economists released on Saturday.

Private economists polled October 5-6 for the Blue Chip Economic Indicators October survey said gross domestic product grew at an annualized rate of 3.2 percent in the quarter, up 0.2 percentage point from what they estimated a month earlier.

GDP shrank in the second quarter at a 0.7 percent annual rate.
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I just thought we could use some good news.
 
Excellent time for a tax increase.
 
Charles Martel said:
Excellent time for a tax increase.
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Not yet...I'd rather wait at least another year to see how the economy is doing before we worry about increasing taxes. We aren't out of the woods yet; deficit spending is the way to go until we have seen more signs of steady progress.
 
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