The National Memo » Economy Grows Faster Than Expected As GOP Threatens To Derail Recovery — Again:
America’s real gross domestic product (GDP) beat estimates to grow 2.5 percent during the second quarter of this year, according to the Bureau of Economic Analysis. Economists had expected an increase of 1.7 in the key statistic that tracks the total output of goods and services produced by labor and property in the United States.
Private sector inventory investment made up for cuts to government spending at the federal, state and local levels.
Imagine where we'd be if they hadn't shredded government employment across all levels around the country!!
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