We got more bad news about the US economy: The US$ 787 billion stimulus is not stimulating!
On Friday, we learned that the US GDP grew at a pathetic 1.6%.
In fact, the regional GDP growth figure was 2.4%......it was been restated down to 1.4%!
This is not working, to say the least!
It does not help that most business people are dealing with the uncertainty of tax increases and a health care program that no one understands.
I hate to say it because I work in this economy too!
We will living in a slow growth economy for a while......unless Pres BO decides to make some radical changes...such as unleashing capitalism!
Click our "Friday's thoughts":
On Friday, we learned that the US GDP grew at a pathetic 1.6%.
In fact, the regional GDP growth figure was 2.4%......it was been restated down to 1.4%!
This is not working, to say the least!
It does not help that most business people are dealing with the uncertainty of tax increases and a health care program that no one understands.
I hate to say it because I work in this economy too!
We will living in a slow growth economy for a while......unless Pres BO decides to make some radical changes...such as unleashing capitalism!
Click our "Friday's thoughts":
