Wednesday, January 12, 2005

Good (Under-reported) Economic News

Noel Sheppard at Tech Central Station has provided a roundup of good economic news. He concludes that right now, in the United States, we have growth in jobs, wages, consumer net worth, stock valuations, home ownership and prices, and GDP. Additionally, it seems that "[t]he U.S. government ran a $1 billion budget surplus in December" according to a Reuters report (nod to Instapundit). Huh. So this isn't really the worst economy in 50 years?

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