Real gross domestic product for the third quarter came in at 3.9 percent, the strongest quarterly grow in four years.
The inflation report is down 1.9 percent, below the Fed’s target.
Employment is holding with adjusted income at 4.1 percent ahead of last year.
The budget deficit is down to $160 billion.
The sub-prime loans that contributed to the fall in the housing market is only 8 percent of the loan market and the recent Fed drop in the rate is just an insurance policy.
Consumer energy consumtion is 50 percent of what is was a decade ago.
American exports and services are booming, the stocks are booming, the economy is strong and all we hear is doom.
Go figure.
Current Events » in reply to Fed lowers interest rate, "prints" another $41 billion.
re: Go figure
