[Obama urges Congress to pass costly stimulus bill]
Recall:
GDP = C + I + X + G, withConsumer spending is in the tank & going nowhere but down.C = personal/household Consumption,
I = Investment
X = net Exports
G = Government purchases (consumption + investment)
Investment is in the tank and going down.
Exports - until recently a bright spot - are going down.
From where other than "G" does Boehner hope to get GDP going again???
No comments:
Post a Comment