The Congressional Budget Office is making two very interesting predictions about the economy next year – that GDP will growth by 3.8% while, at the same time, predicting an unemployment rate of 9%. As unemployment is already at 8.9% now, I fail to understand how GDP can jump up that far without a corresponding increase in employment.
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CBO BS
Posted by gregoryholmes on May 26, 2009
Posted in Economics | Tagged: Economics, News | Leave a Comment »
