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While I can appreciate the points in 日刊APFニュース | ã€ã”案内】追悼 長井å¥å¸è¨˜è€… æ˜ åƒãƒ»éºå“展 今月27æ—¥, I am sick and tired of hearing rubbish about the “US economic recovery”. The US government borrowed and spent $6.1 trillion over the past four years to generate a cumulative $700 billion increase in the country’s GDP. This means we’ve borrowed and spent $8.70 for every $1 of nominal “growth” in GDP. In constant $, GDP is flat, we’ve got no “economic growth” at all for our $6.1T. In constant US dollars, the GDP in 2011 might get back to the 2007 level, if the US economy continues “growing” at the same pace reached inside the first 12 weeks of 2011. If not, then the GDP will in reality be lower than before recession levels. There is no economic recovery, the numbers prove it.
Amazing! This blog looks just like my old one! It’s on a entirely different subject but it has pretty much the same layout and design. Excellent choice of colors!
Your written piece, 日刊APFニュース | ã€ã”案内】追悼 長井å¥å¸è¨˜è€… æ˜ åƒãƒ»éºå“展 今月27æ—¥, really made me stop and think this subject. Not only was it well conceived but very enlightening as well. I have added your blog to my link roll and will be back to read future articles.
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