Great news has been announced by the government this morning, indicating that we have witnessed the fastest growth quarter in six years in the last three months of 2009.
The economy grew by an annualized 5.7 percent, way above what was expected, and far better than the annualized 2.2 percent in the third quarter of 2009.
The biggest fear, however, is that we could be in the midst of what economists call a “jobless” economic recovery, so there is a great need for an aggressive job creation program this year, but one wonders if the opposition Republican party will work to undermine such an event by lack of legislative support, particularly in the Senate. 🙁 Let’s hope they do what is right for the American people!