September 29, 2004
WHAT LIBERAL BIAS? (via AWW):
Economy Grows at Weakest Rate in a Year (Martin Crutsinger, 9/29/04, AP)
The U.S. economy grew at an annual rate of 3.3 percent in the spring, the government reported Wednesday. That was significantly better than a previous estimate but still the weakest showing in more than a year.
The Commerce Department said the April-to-June increase in the gross domestic product -- the country's total output of goods and services -- was revised upward by 0.5 percentage point from its estimate just a month ago that the economy expanded at a 2.8 percent pace in the second quarter.
A hilariously biased headline given that such a growth level, never mind its historical significance and that it's better than expected, is considered a good news quarter in Ray Fair's Presidential Vote Equation. Posted by Orrin Judd at September 29, 2004 3:54 PM