Tuesday, August 4, 2009

 

U.S. economic growth is said to be rising.

Despite all the bad news coming from the economy, the Economic Cycle Research Institute has just released a report claiming that its 4-week annualized growth rate rose to a high never seen since 2oo4 leading them to predict that the recession days are numbered and a smooth recovery ahead.
Nevertheless to say, it did not take long for Fox News channel to accuse the Research Institute as being an Obama groupie

For more, see IBD.com

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