Reports are that Q2 GDP growth for America came in at 4%. Thats - TopicsExpress

Reports are that Q2 GDP growth for America came in at 4%. Thats after the original GDP number for Q1 was revised from -2.9% to -2.1%. Our economy is still limping along averaging GDP growth at 2%, a slight pulse for our economy. The concern has to be that our debt is growing faster and stands at nearly 74% of our GDP, a real red line ratio. The Federal Reserve is slowing down its quantitative easing printing of money program from the high of $85B to about $50B -- what will be consequences if stopped? Our monetary policy evidences a weak economy. And we dont have a free market economy but rather a government-driven one where government spending is almost 25% of our economy. Just giving you facts and it will be interesting to see if Obama administration does so, or just applauds the 4% number -- which over a six month period, we only have 1.9% GDP growth.

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