Liberal Democrat

Liberal Democrat
Liberal Democracy

Friday, October 26, 2012

ABC News: GDP: US Economy Grew at 2 Percent in 3rd Quarter

GDP: US Economy Grew at 2 Percent in 3rd Quarter: The nation’s economy continued to expand in the third quarter, rising at a better-than-expected annualized rate of 2 percent, the Commerce Department said this morning. The Gross Domestic Product numbers are preliminary and will be adjusted but economists had expected a rate of 1.8 percent for the...

This is good news for the economy, because its a sign that things are getting better and that we aren't slipping. Back into recession and it means that a positive jobs report thats due next Friday, could follow this jump in Economic Growth, more people spending more money, because they have more money to spend, which. Means there's more demand out in the economy, which means more people get hired as a result, also good news for President Obama because he can say look things are getting better on my watch. Which is why you should stick with me so I can finish what i started four years ago and we can get this economy back. To strong Economic and Job Growth and watch unemployment go down together with more people working and spending money and paying taxes and seeing the debt and deficit go down. You elect Mitt Romney though, he'll just take us back to the policies that created the Great Recession. Something that we can't afford to go through again.