Friday :: Jan 27, 2006

Economy Slowed Significantly In Fourth Quarter 2005

by Steve

Despite the talk from our friends on the right that higher energy prices and the hurricanes would be nothing but a speed bump for the roaring Bush economy, it turns out that the initial snapshot of fourth quarter 2005 revealed a significant slowing, and this was during the holiday shopping season. Note the reference in the story that government spending has been a factor in propping up the economy.

Steve :: 8:16 AM :: Comments (27) :: TrackBack (0) :: Digg It!