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Friday, January 29, 2010

The Illusion Of Growth?

Does the newly reported fourth quarter growth in the economy really mean what you think it does?

While there is a traditional economic law that shows a distinct relationship between GDP growth and job increases, some reports are saying that this isn't such great news, and that the relationship metric is becoming largely irrelevant.

The average person isn't going to understand the intricacies of economics and how a variety of factors ( both real and imagined ) can bring about growth or retraction. But the problem that many Americans run into is one of their own making, as they largely rely on people outside the field of economics for their information.

How good this growth is will most certainly be debated and all the noise that will likely come from Fox"News" and conservative talk radio should be recognized for what it is - noise.

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