From the New York Times:
The American economy grew at its fastest pace in more than two years in the first quarter of 2006, the Commerce Department reported today, as consumers and businesses spent briskly.
"Clearly the economy still has plenty of momentum with a little hint of inflation risk in the background," said Ethan Harris, chief United States economist at Lehman Brothers.But hey, the Times can still put a damper on things with the best of them. If things are good now, don't forget to remind the readers that they may not always be this or that way. See below:
Growth was widespread and appeared to be unhindered, at least thus far, by higher energy prices and rising interest rates.No news is good news:
Senator Jack Reed, Democrat of Rhode Island, said the economic growth, while welcome, was uneven and most workers' wages were not keeping up with inflation. "We can't be satisfied until economic growth provides widespread benefits to American families.I'm sure the good senator and Democrats have a "plan" to make this so....
tag: DeMediacrat
DeMediacrat
War On Terror
