We do not need Republican ideology to recover our economy. We are doing well only four years out from the worst economic collapse since the Great Depression.
By Shobhana Chandra - Oct 26, 2012 4:18 PM ET
...Gross domestic product, (click here) the value of all goods and services produced, rose at a 2 percent annual rate after climbing 1.3 percent in the prior quarter, Commerce Department figures showed today in Washington. The median forecast of 86 economists surveyed by Bloomberg called for a 1.8 percent gain.
“We are encouraged by the improvement we’re seeing in consumer spending and housing,” said Dean Maki, chief U.S. economist in New York for Barclays Plc, who correctly forecast the rate of growth. “These will be dominant themes in the fourth quarter too.”...
