Friday, April 18, 2008

Dr Joe again

"GDP, or GROSS DOMESTIC PRODUCT, measures the Value of all goods and services produced in the U.S. and is considered the BEST barometer of our Economic Health. Another important indicator is the Labor Market, or JOBS report.

Jared Bernstein, our Senior Economist, reported, 'We're at the beginning of a protracted period of labor market contraction.' I fully agree. Hundreds of Thousands of Americans stand to lose their jobs, or possibly even a million."

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