 |
 |
   Dan Savage, the brilliant and foul-mouthed sex columnist, has become one of the most important ethicists in America. Are we screwed?
 The federal government is supposed to issue new rules about debt levels for students in for-profit colleges. In the meantime, the states are working on their own regulations.
 Washingtons budget hawks want to decimate the federal workforce to shrink the deficit. It will have the opposite effect.
 There arent nearly enough counterterrorism experts to instruct all of Americas police. So we got these guys instead.
|
   |
|
|
April 30, 2010
FIRST QUARTER GDP GROWTH: 3.2%.... From Fall 2008 through Summer 2009, the nation's gross domestic product retreated. The four consecutive negative quarters was the longest since the government began keeping track six decades ago. We now have three consecutive quarters of positive growth. It's not nearly strong enough growth to constitute a robust economy, but it's enough to look like an economic recovery.
While the first quarter of 2010 wasn't nearly as strong as the fourth quarter of 2009, this doesn't come as much of a surprise -- the 5.6% growth was fueled by an "inventory bounce" that wouldn't be repeated. Consumer spending helped drive the first quarter numbers, with the biggest increase in three years. And with that, here's another home-made chart, showing GDP numbers by quarter since the Great Recession began in late 2007.
Comments
At least it doesn't look much like a bikini. Posted by: Zandru on April 30, 2010 at 9:15 AM | PERMALINKgood stats and a nice chart (esp. for home-made), which the repubicans will routinely ignore. Posted by: mellowjohn on April 30, 2010 at 9:16 AM | PERMALINKWe can't kick back and sing "Happy Days" just yet. The jobs numbers are still terrible. Foreclosures are through the roof. This recovery still doesn't feel like much. Given the meltdown in Greece that threatens Europe even the current recovery is in jeopardy. I still haven't seen anything that remotely looks like an industrial policy. Posted by: Ron Byers on April 30, 2010 at 9:18 AM | PERMALINKSo what do the GDP numbers look like when you remove the financial services industry? Posted by: Walker on April 30, 2010 at 9:27 AM | PERMALINKAt least it doesn't look much like a bikini. At least it doesn't look like some sort of non-synaptic Glenn Beck chalkboard gibberish. My 12-year-old son can understand this chart. Huzzah!!! Posted by: S. Waybright on April 30, 2010 at 9:28 AM | PERMALINKBut the growth in growth slowed in the last quarter! The blue bar for the last quarter is shorter than the blue bar for the previous quarter! This is OBVIOUSLY due to the passage of health care reform, which is a job killer and disincentivizes people to work because they pre-figure the future tax increases Obama will imposes as he socializes the economy. Obviously, GREAT NEWS for McCain! Steve Posted by: Eeyore on April 30, 2010 at 9:47 AM | PERMALINKGrowth rates should not be represented as a bar chart. Posted by: DG on April 30, 2010 at 11:15 AM | PERMALINKWhy not color this red and blue like your other? Similar pattern, similar message here. Posted by: Who? on April 30, 2010 at 12:49 PM | PERMALINKExactly - color the Bush quarters with red, and color Q1 09 with purple... Posted by: Ohioan on April 30, 2010 at 12:52 PM | PERMALINKsteve, before even reading these comments, i took your chart and colored it. Posted by: skippy on April 30, 2010 at 12:59 PM | PERMALINK"But the growth in growth slowed in the last quarter! The blue bar for the last quarter is shorter than the blue bar for the previous quarter! This is OBVIOUSLY due to the passage of health care reform" Or because the stimulus package funds are running out. Posted by: Forrest on April 30, 2010 at 5:35 PM | PERMALINK
May 2011
April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 June 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005 August 2005 July 2005 June 2005 May 2005 April 2005 March 2005 February 2005 January 2005 December 2004 November 2004 October 2004 September 2004 August 2004 July 2004 June 2004 May 2004 April 2004 March 2004 February 2004 January 2004 December 2003 November 2003 October 2003 September 2003 August 2003 July 2003 June 2003 May 2003 April 2003 March 2003 February 2003 January 2003 December 2002 |
|
|
    |
|
||||||
|
|
|||||||
|
||||||||
buy from Amazon and
support the Monthly
|
||||||||
