althouse

Wednesday, April 29, 2009

The GDP drops 6.1 percent.

"Economists had predicted a drop of 4.7 percent, and the steep dip could dampen expectations that the pace of economic declines had begun to ebb. The decline was almost as sharp as in the previous quarter, when the economy shrank at a pace of 6.3 percent, its worst drop in a generation."

But it was stimulated!
magazine at 6:14 AM
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