Friday, August 27, 2004
More Work To Do
Like the first paragraph. Wonder how it slipped through.
Economy Grows at a 2.8 Percent Rate in the Spring, Slower Than Previously Thought
WASHINGTON (AP) - The U.S. economy, struggling under the weight of a bloated trade deficit, grew at a relatively modest 2.8 percent annual rate in the second quarter, a slower pace of expansion than previously thought.The rest goes on to spin the numbers uncontrollably in favor of Bush, quoting those always handy "some private economists." But this is the scary part. Do we detect some incipient Alzheimer's?
Greenspan, in a speech Friday, didn't address the future course of interest rates. But he warned that the country will face "abrupt and painful" choices if Congress does not move quickly to trim the Social Security and Medicare benefits that have been promised to the baby boom generation. [ed. we're just a tiny bunch of whiny non-voters, right? this should be a screaming headline everywhere, but probably won't be, damn whoreish non-boomer press]Stop the work, please!! We'll take it from here!
Kerry's campaign said in a statement that the new GDP figures provide evidence that "George Bush is misleading Americans when he says that the economy has turned a corner." Treasury Secretary John Snow said: "Our economy is once again on solid footing." But he added, "There is still more work to do."
Speaking of more work, will be registering voters again for much of the afternoon, and tomorrow as well.
People of Illinois, you have until October 5 to get your butts registered for the first time or to change an address or name. Now's the time to get your ids updated too -- if you've moved, get the driver's license changed.
For everyone, you only have to be 18 on or before election day to vote. You'd be surprised how many people think you have to be 21 to vote or 18 to register.
For absentee ballots, it's best to check directly with the state you live in. Students, you can vote in the state you go to school in or the state where you came from (not both, darn). So you have an opportunity to decide where your vote is needed most.
That's all for now.
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