Reports of the economy’s demise are greatly exaggerated

BBC NEWS | Business | US grows by 0.6% in first quarter

The US economy grew by 0.6% in the first quarter of 2008.

The first quarter figure exceeded analyst expectations of a 0.2% growth and eased expectations of an economic slowdown.

Somehow, I doubt the media will be trumpeting these results. To the extent they’re covered, it will be with a “yeah, but…” attitude. Because good economic news under a Republican presidency is no news.

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