Friday, August 01, 2008
Fun with charts
Tim Kane, co-publisher of the Growthology Web site, has created some excellent graphs that explain the last few quarters of GDP growth. Check 'em out here.
Looking at Mr. Kane's graphs, it's not unreasonable to suggest that the U.S. economy could be poised for several quarters of 2.5 - 3 percent growth in GDP. Unless, of course, some future president, in cahoots with Congress, raises taxes, boosts government spending, allows the government to assume de facto control of whole sectors of the economy (see health care), gives public and private sector unions the keys to the Labor Department ... you know, like B. Hussein Obama and the future members of the 111th Congress want to do.
Looking at Mr. Kane's graphs, it's not unreasonable to suggest that the U.S. economy could be poised for several quarters of 2.5 - 3 percent growth in GDP. Unless, of course, some future president, in cahoots with Congress, raises taxes, boosts government spending, allows the government to assume de facto control of whole sectors of the economy (see health care), gives public and private sector unions the keys to the Labor Department ... you know, like B. Hussein Obama and the future members of the 111th Congress want to do.
# posted by Joltin' Django @ Friday, August 01, 2008 
