The US economy was stronger than we thought last quarter. But it still wasn't strong enough

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The US economy fared ever so slightly better in the fourth quarter of 2020 than initially thought. The nation's GDP grew at an annualized and seasonally adjusted rate of 4.1%, the Commerce Department reports.

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That's up from the annualized and seasonally adjusted 4% growth rate reported in late January, but slightly less than the 4.2% economists had predicted.The small improvement reflects higher residential and inventory investments and increased state and local government spending. These upticks were partially offset by consumer expenditures being revised lower.In a normal year, an annualized GDP growth rate of 4.1% would be reason to pop some champagne.

"That said, it is important to note that the US's overall economic performance in 2020 was more resilient than most other developed economies," Cailin Birch, global economist at The Economist Intelligence Unit, said in emailed comments. The Eurozone, for example, recorded a drop of around 7% in GDP last year. Washington has more work to do before the economy is back to its pre-pandemic strength.

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A teacher can be called as True & Perfect....only when he/she is able to convince his students that Smoking, Alcohol, Drug, PORN, Premarital Sex and Extramarital Affairs are very bad habits.....and they should never consider these BAD habits as freedom or symbol of Grown-up...

A teacher can be called as True & Perfect....only when he/she is able to convince his students that Smoking, Alcohol, Drug, PORN, Premarital Sex and Extramarital Affairs are very bad habits.....and they should never consider these BAD habits as freedom or symbol of Grown-up..

A teacher can be called as True & Perfect....only when he/she is able to convince his students that Smoking, Alcohol, Drug, PORN, Premarital Sex and Extramarital Affairs are very bad habits.....and they should never consider these BAD habits as freedom or symbol of Grown-up.

Are Democrats really OK with their news networks cnn and MSNBC not reporting on Cuomo scandals?

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BAN is not possible...............................BAN is not a Solution. Three points Solution ----- 1-Teach its consequences 2-Don't glorify it as freedom 3-Create Social pressure

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