More anemic growth in the first quarter of 2010…
The “recovery” looks like taking quite a bit longer.
In normal recoveries, growth should be well above 5%, enabling more people to be hired.
At 3.2%, unemployment will remain high.
In fact, the Administration is still forecasting 8% unemployment in 2012!
Gorilla says: “The scale this time is more or less Lionel!”
Tags: GDP, US Economy