Thread: Soooo....
View Single Post
Old 04-30-2008, 09:26 AM   #20525
Alex
.
 
Join Date: Feb 2005
Posts: 13,354
Alex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of coolAlex is the epitome of cool
I know that relative growth is of primary concern and 0.6% is not a good number. However, it does drive home just how huge the U.S. economy is.

If today's quarterly number of 0.6% growth is sustained for the year (and that would be anemic), that is adding $83 billion to the economy. If just that minimal growth could be spun off into its own separate entity it would be the 57th largest economy in the world. We'll essentially, in what is almost a rounding error, have added to our economy the combined economies of Croatia and Guatamala.


Just a random thought listening to NPR this morning (and I'm aware of the many things that muddy the relatively simple picture painted, I'm just reminded of the vastly different scales of "success" between the U.S. and any other individual country).
Alex is offline   Submit to Quotes