Last seen: 1 year 10 weeks ago
Not really, kids. We still have a long way to go and until the people that really need to get back to work start to see "jobs! jobs! jobs!!!" flooding into their lives most won't care too much about this kind of half decent news on the economic situtation, as good an indicator as the news may be:
The US economy grew by an annualised rate of 5.7% between October and December, official figures have shown.
The number, which is a first estimate, is a big rise from the previous quarter's growth rate of 2.2%.
suggests the country's economy is growing at its fastest pace for six
years and confirms the US economy has left its year-long recession
But even with the rebound, gross domestic product (GDP) shrank by 2.4% across 2009 as a whole.
Hopefully the fact that meager stimulus package allowed by "deficit peacocks" was mostly backended, meaning that we will see more jobs coming from that effort now than we did at the begining with those shovel ready projects will start to be seen in the real people's economy. Announced efforts to begin revamping our earthly and spacial travel systems will hoepfully combine to maximum effect for everyone searching for that elusive help wanted sign.