Bob's Links and Rants

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Friday, October 31, 2003

I don't know enough about economics to say much about the supposedly huge growth in GDP in the third quarter. But Paul Krugman does:

To put it more bluntly: it would be quite a trick to run the biggest budget deficit in the history of the planet, and still end a presidential term with fewer jobs than when you started. And despite yesterday's good news, that's a trick President Bush still seems likely to pull off.