Friday, 29 January 2010

5.7% growth woo hoo!

Everyone keeps saying how the thing US voters care about most right now, is the economy. And rightly so - after all, we're in a jobs crisis and people are hurting.

But today we learned that the US GDP grew by 5.7% in the fourth quarter of 2009 - that's a good start even if it we still have a long way to go in translating the recovery into jobs.

The above chart tells quite a story of Obama's 1st year of economic management. (Hint, the stimus package passed near the end of Q1 2009.)

1 comment:

Obama London said...

Huh. Have run this comment through Google translate, and it reads:

"Journey wins envy you traveling ^ ^ Oh!"

So... thanks for that.