Re: Recession, what recession? Economy grows 1.9% - near historical average

On Jul 31, 9:17 am, "Taylor" <tay...@xxxxxxxxxxxxx> wrote:
Gross domestic product expanded at an annual rate of 1.9 percent in the
second quarter, the Commerce Department said, primarily because of a surge
in export sales powered by the weak dollar.

No. It's was because the taxpayers received their tax stimulus
checks.. and spent them.

Oh..a few more things:
Tthe government restated last quarters GDP growth to something like
only .25%
they must'ave made a mistake... huh?

China - on the other hand - now with all of *our* former US factories
and businesses transfered there..also had a downturn in GDP growth...
down to 10% growth... instead of last year's 14%.
.