Wednesday, January 28, 2009

Maybe things aren't so bad?

Despite the financial market chaos, the Economix Blog at the New York Times reports that 2008: A Banner Year? Real GDP in the U.S. reached $14 trillion last year, or $46,000 per American, the highest in the nation's history.

As surprising as that factoid is, I am most surprised that I read it in the NY Times. I may have to grudgingly agree with JLM that the Times is improving its business reporting.

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