US economic growth slows to 2.4% (BBC)

eppur_se_muova

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Sat Jul-31-10 06:37 PM
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US economic growth slows to 2.4% (BBC)

US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department has said.

This compares with an annual rate of 3.7% in the previous quarter.

The second quarter figure is a first estimate, and could be revised either up or down in the coming months.

There are growing fears about the strength of the US economic recovery, particularly concerning the country's high unemployment rate of 9.5%.
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more: http://www.bbc.co.uk/news/business-10818058

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defendandprotect

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Sat Jul-31-10 06:39 PM
Response to Original message

1. Overturn the trade agreements -- protect workers, not capitalists -- !!

Edited on Sat Jul-31-10 06:40 PM by defendandprotect

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Murray_R

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Wed Aug-11-10 11:29 PM
Response to Reply #1

2. anyone who works for a living

is a capitalist.
Protectionism reward inefficiency, which only serves to impoverish the whole of mankind to the benefit of politically selected enterprises.
No thanks.

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