• Right Place Photo Caption Contest Hall of Glory Top 25

    meister.jpeg About Me
    BlogmeisterUSA's Guidelines for Commenting
    My Blog at Newsbusters
    My Writings at Family Security Matters
    My Writings at The American Thinker
    I Also Blog at Lifelike Pundits
    National Summary Interviews Me
    Read "The Americans" by Gordon Sinclair
    PELOSI_DEMOCRAT_TREASON-1.jpg More About the Fighting 101st Keyboardists
    fighting101s.jpg


November 29, 2005

It's the Economy, Stupid!

Yes, it's the economy...the economy that everyone thinks is in the toilet. Well it's not:

The U.S. economy has been surprisingly resilient this year and is expected to grow by 3.6 percent in 2005 despite the difficulties posed by both oil prices and hurricanes -- the latter cutting 0.5 percentage points from growth on an annual basis in the second half of the year.

Overall activity is expected to return to trend in early 2006 and then be somewhat higher, taking growth for the full year to 3.5 percent, 20 basis points higher than the 3.3 percent forecast by the OECD in its last report in May.

That's not all:

Business spending is also growing quickly, unemployment has dropped toward its equilibrium level and export growth is being supported by the respending of higher oil revenues by oil producers.

The Bush administration needs to be tooting its horn not only on the Iraqi front, but the economic front as well. Come on, guys!

Show Comments »

Posted by Pam Meister at 12:19 PM | Comments (1) | TrackBack (0) | Economy
Comments

testing again

Posted by: sadie at December 5, 2005 07:55 PM
Post a comment









Remember personal info?










    ENDORSEMENTS "Your stupid requirements for commenting, whatever they are, mean I'll not read you again." ~ "Duke Martin", Oraculations
    "One of the worst sites I've read." ~ Frank A. Niedospial