The third and final estimate of third quarter U.S. GDP by the Bureau of Economic Analysis is out. GDP grew 4.1% at an annualized rate in the third quarter, according to the estimate. Economists predicted growth of 3.6%, in line with the second estimate published by the BEA earlier this month. Personal consumption growth surged… Continue reading Heading In The Right Direction – GDP Grew by 4.1 Percent
Tag: Gross domestic product
Tim Pawlenty’s Policies Makes Bush Tax Cuts Look Liberal
Tim Pawlenty came out with his economic proposal, a financial calamity that would make the Bush Tax cuts look as if it was proposed by former Representative and ultra liberal Alan Grayson. Some of the numbers in the Pawlenty plan are: Reducing the top individual income tax rate from 35% to 25% Reducing the top… Continue reading Tim Pawlenty’s Policies Makes Bush Tax Cuts Look Liberal