Quote:
Originally Posted by pan6467
Something has to be done to stimulate the economy, someone has to be creative and find a way to keep jobs here, keep pay at a decent level (every decrease in pay hurts the tax base as much if not more than a tax cut).
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The economy is stimulated. Your concerns are unfounded.
Percent change at seasonally adjusted annual rate
GDP
2004 Q1 Q2 Q3 Q4 2005 Q1
4.4 4.5 3.3 4.0 3.8 3.8
http://www.bea.doc.gov/bea/glance.htm
The national unemployment rate for June 2005 was 5.0%
http://www.bls.gov/cps/home.htm#overview
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