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Friday, April 30, 2010

3.2% GDP Growth

The U.S. economy reported a 3.2% GDP growth rate in the first quarter. Yes, that's better than negative growth, but after a deep recession like the one we've had, I would expect that we should have a few quarters in the 6-7% range. Unfortunately, I don't see that coming under the scariness and uncertainty of Obamanomics.