Comments on: Welcome to another season of Blogonomics!

By: me

me — Fri, 05 Feb 2010 00:50:48 +0000

When it comes to understanding the economy as a whole, I am still learning the fundamentals. But, from what I had read, I feel like GDP is pretty much the best way to calculate how the economy is doing. In most references I have looked into I came across a definition similar to this one,” The GDP is the primary way to calculate the size and status of that country.”Visualeconomics/ GDP vrs National Debt. This article in particular has lead me to believe that the 5.7% is an actual part of sustainable economic growth.But, were still going to be in a national debt. In order to get rid of that national debt, i feel like goverment needs to get people to consume more and for them to actually spend less money on things that are not going to benefit are economy as a whole.The Gross, Product components of GDP, dictate its actual reason for increase.

By: lisa mcgowan

lisa mcgowan — Thu, 04 Feb 2010 19:33:34 +0000

I do not think the 5.7% increase in the fourth quarter will stimulate economic growth ,at least not immediately, and here is why.According to Christina Romer,President of the Council for Economic Advisors,”Without stimulus program such as “Cash for Clunkers” and first time homebuyers credit , real, GDP would have risen little”.A half a point increase did account for residential investment homebuilding, a 23.4% increase since the last quarter in 2005, according to the Wall Street Journal,but ,this was heavily influenced by builders rushing to meet the deadline for the $8,000 tax incentive provided by the government for first time homebuyers.Therefore, I do not think immediate economic growth is likely based on the statistic of the 5,7% increse in the fourth quarter.

By: Garland Janelle

Garland Janelle — Thu, 04 Feb 2010 01:25:51 +0000

By: REDSOX

REDSOX — Wed, 03 Feb 2010 23:17:05 +0000

just checkin

By: 5sentences

5sentences — Thu, 28 Jan 2010 21:34:13 +0000

My motto is if you can’t be first be last.

By: AOEM871

AOEM871 — Thu, 28 Jan 2010 02:41:49 +0000

Just checking to see if it worked.

By: Tchaikovsky

Tchaikovsky — Wed, 27 Jan 2010 15:30:31 +0000

Glad to make use of my anonymity.

By: g_kings

g_kings — Wed, 27 Jan 2010 03:54:48 +0000

i guess it worked

By: Lisa T

Lisa T — Fri, 23 Oct 2009 03:35:00 +0000

This is a test!

By: cmurphy03

cmurphy03 — Mon, 14 Sep 2009 23:14:09 +0000

hshwww