Thursday, March 29, 2012

Sophisticated Cancer Impresses Only Itself

US Economy Grew 3 Percent in Final Quarter of 2011

"The U.S. economy grew at a solid pace in the final three months of 2011 but that growth likely slowed in the first three months of this year as businesses cut back on restocking their shelves.

The economy grew at an annual rate of 3 percent in the October-December quarter, the fastest pace since the spring of 2010, the Commerce Department reported Thursday. The government's third and final look at fourth quarter growth was unchanged from the previous estimate. Slower growth in exports than previously estimated was offset by stronger growth in business investment.

Economists believe that growth slowed to around 1.5 percent in the current quarter. For the year, economists at JPMorgan believe the economy will grow 2.2 percent, slightly better than last year's 1.7 percent expansion."

Go ahead and fall for this propaganda if you choose.The facts are much different from what the overlords need you to believe. Unemployment is nearing 25% and rising. The fascists will start massive war as a way to offset their planned economic collapse. Social chaos is so close you can taste it now. But the dutiful MSM churns out smiley face Chamber of Commerce garbage droning on how it all just will keep chugging along.


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