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: Instapundit.com

GDP UP: This is good news, if the numbers hold up. UPDATE: On the other hand: Wages and benefi?

By Glenn Reynolds

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GDP UP: This is good news, if the numbers hold up.

UPDATE: On the other hand: Wages and benefits rise in 2009 by smallest amount on records going back 27 years. They told me that if I voted for McCain, business would be golden while the working man took it in the neck. And they were right!

ANOTHER UPDATE: Oops, it’s not even that good. “However, almost two-thirds of it came from a slowdown in liquidation of inventories, leaving an anemic 2.2% of actual growth.”


Full post as published by Instapundit.com on January 29, 2010 (boomark / email).

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