- Jan 27, 2011
- Reaction score
- Political Leaning
Update: Woman accused of mailing deadly poison to White House was arrested in Hidalgo County last year
The woman accused of mailing a deadly poison to the White House, the Hidalgo County Sheriff's Office and the Mission Police Department was arrested in Hidalgo County last year on misdemeanor charges.
Base Case Forecast: Our base case forecast includes a third quarter GDP rebound of 32.9 percent. Given the severity of the economic contraction in the second quarter even a moderate improvement in economic activity over the summer yields a strong growth rate in the third quarter. While consumer spending has been the largest driver of growth over the summer, we expect it to stall as high levels of unemployment damage spending later in the year, leading to a much slower GDP expansion of only 1.3 percent in the a fourth quarter GDP expansion. This results in an annual growth rate of -3.8 percent in 2020 and puts the US economy on a modest recovery path of about 3.2 percent growth in 2021.
In other words almost a full recovery right before the election, of course with growth that strong, we may be looking at some serious inflation. Mixed bag but is growth that strong really possible in 3 months?