This is a revision of statistics posted in Economic Update.
The US GDP did not grow 4.8% in the first quarter of 2006... it grew 5.3%. Exports expanded by 14.7%, not 12.1% as previously reported.
Despite deficit spending by the government, the American economy has flourished under the President's economic policies. There are some who scream about inadequate wages for 'middle America', but they are ignorant of economic progression; across-the-board wage increases always postdate growth and expansion.
Thursday, May 25, 2006
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