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US economic growth slows to 2.4% (BBC)

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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-31-10 06:37 PM
Original message
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 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-31-10 06:39 PM
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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 Donating Member (34 posts) Send PM | Profile | Ignore 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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