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America's Grossly Distorted Product
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Liam Denning of the WSJ points out that the third quarter GDP numbers of 3.5% growth don't signal much beyond low quality numbers. WIth government distorting the cost of money, and pumping up demand for cars and housing, and in other ways propping up the economy all this good news may create a false sense of complacency, when as Denning says its only storing up problems for the future.
U.S. GDP numbers by quarter, and the component breakdown, for 2009. What it says for the future.
01/31/2009
What the GDP quarterly numbers and breakdown say about the future.
Grouped Articles
Business Pullback Drives Drop in GDP
Wall Street Journal 04/30/2009
U.S. Economy Began to Grow Again in the Third Quarter
New York Times 10/30/2009
False Reading: Brisk GDP Growth Can't Last
Wall Street Journal 10/29/2009
Wall Street Journal 10/30/2009
Wall Street Journal 10/30/2009
America's Grossly Distorted Product
Wall Street Journal 10/30/2009
USA GDP growth
10/29/2009
Grouped Articles
U.S. Economy Began to Grow Again in the Third Quarter
New York Times 10/30/2009
False Reading: Brisk GDP Growth Can't Last
Wall Street Journal 10/29/2009
Wall Street Journal 10/30/2009
America's Grossly Distorted Product
Wall Street Journal 10/30/2009
Summers Tries Not to Gloat About GDP Report
Wall Street Journal 10/29/2009
Goldman, J.P. Morgan Economists Debate Shape of Recovery
Wall Street Journal 10/29/2009
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