CNN picks apart Obama's numbers, here's a snippet:
Banking on economic recovery
The assumptions: The economy will start its recovery in 2010, with 3.2% growth in gross domestic product (vs. a 1.2% drop this year). GDP will grow 4.0% in 2011 and 4.6% in 2012.
Reality check: The White House's GDP estimates, while roughly in line with those projected by the Federal Reserve, are higher than average. Some say the administration is being too optimistic.
Growth at 4.6% in 2012? Just in time for the next presidential election.
We'll see.
Technorati tags: business economy news government politics Barack Obama Obama
It’s so nice site. We love to see more on this site. Keep on updating… MonkAreYou Bali *gjgj
ReplyDelete