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   alt.culture.oregon      Meh, I hear Portland is a tad overrated      6,995 messages   

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   Message 6,369 of 6,995   
   "FOX News is For Wingnuts"    
   Recession has ended   
   29 Oct 09 06:20:33   
   
   XPost: alt.radio.talk.dr-laura, seattle.politics, alt.fan.rush-limbaugh   
   XPost: alt.california, talk.politics.misc, alt.politics.republicans   
   XPost: alt.impeach.bush, alt.rush-limbaugh, alt.society.liberalism   
   XPost: alt.politics.liberalism, alt.culture.alaska, tx.politics   
   From: ONE@Bush.net   
      
   The government is expected to report Thursday that the American economy   
   resumed growing in the third quarter, marking an end to the worst   
   contraction since World War II. But even though some economists say the   
   report should dispel doubts that the downturn is over, it may be cold   
   comfort to workers and businesses alike.   
      
   Forecasters say third-quarter growth was likely 3 percent to 3.5 percent at   
   an annual rate, driven largely by the federal stimulus package. While solid,   
   that is not the kind of breakthrough turnaround needed to reverse the sharp   
   6 percent decline in gross domestic product last fall and winter.   
      
   If the new GDP number falls in that expected range, it will also not be big   
   enough to spur significant new hiring. And forecasters generally think the   
   fourth quarter and much of next year will see even more anemic growth rates.   
      
   Not until the middle of next year, at the earliest, is the U.S. economy   
   expected to gather enough momentum to put a meaningful dent in the nation's   
   high unemployment rate.   
   http://www.baltimoresun.com/business/money/bal-bz.economy29oct29   
   0,1542083.story   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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