May 3, 2008
Economy continues to sputter
“Despite the barely-positive growth, we are almost certainly in a recession. There's nothing magical about staying above zero. In fact, annual growth of less than 2.5% is a recipe for rising unemployment.”
The nation's economy continued its sluggish growth in the first quarter, according to a government report Wednesday that showed a slightly better-than-expected gain in economic activity. via CNN
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