GDP growth has been increasing every month for almost a year now...long
enough for almost every economist to now declare the recession is officially
over.
Yahoo (Reuters) has a news piece just released that is entitled "Analysts
Say U.S. Economy in Recovery, 2001 Recession Over".
Of course, every economist will also tell you job growth lags GDP growth
almost every time...so your "research" means very little at this early
stage. Hell, paychecks just started reflecting the tax cut a mere 2 months
ago...and Americans received their child tax credit more recently than that.
Here's a very telling quote:
"All the data's saying the same thing: this quarter is going to be a
cracker," said Ram Bhagavatula, chief economist at Royal Bank of Scotland
Financial Markets, predicting gross domestic product growth will hit a 6
percent to 7 percent annual rate this quarter. "
6-7% *annual* growth rate! The last time we had a greater than 7% annual
growth in GDP was 1984...the year Reagan won in a landslide.
"Harry Krause" wrote in message
news

NOYB wrote:
You're trying to disprove the theory that the Bush tax cut will create
jobs.
That's not political?
I'm not trying to prove or disprove a thing. I'm merely part of a group
trying to find legitimate evidence that the Bush tax cuts have resulted
in significant job growth among substantial manufacturing or service
employers.
By the middle of last week, some 1,500 employers have been contacted
nationally by our researchers. The data to date indicates no job growth
traceable to Bush's little giveaway.
--
* * *
email sent to will *never* get to me.