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Note: growth for 2010 was 3.6% but still the growth projections for 2011 are 2.3%, even after correcting upwards.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Migeru (migeru at eurotrib dot com) on Tue Feb 1st, 2011 at 09:41:03 AM EST
[ Parent ]
And these
exports down 6.5%; disposable income up 3.4%; unemployment down from 7.7% to 7%, below 3 million; deficit forecast of 2.5% below the GSP's 3% threshold
are the projections for 2011, not the figures for 2010.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Migeru (migeru at eurotrib dot com) on Tue Feb 1st, 2011 at 09:44:30 AM EST
[ Parent ]
"See you in a year."

Inshallah. (Gopod willing and the server stays dry.)

"Life shrinks or expands in proportion to one's courage." - Ana´s Nin

by Crazy Horse on Tue Feb 1st, 2011 at 10:01:30 AM EST
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