s skippy the bush kangaroo

skippy the bush kangaroo

Thursday, January 30, 2003

war coming, people will die. now, in other news

awol seems to think that the all-war-all-the-time news networks will take everyone's mind off of such piddling little problems as the fact that the gross domestic product grew any slower, it would be in negative numbers.

gross domestic product, the broadest measure of total economic activity within u.s. borders, crept ahead at a 0.7 percent annual rate in the october-december quarter, down sharply from the 4 percent growth rate posted in the preceding quarter, says yahoo news.

the u.s. economy slowed to a crawl in the fourth quarter of 2002, growing at the weakest pace since the recession of 2001, says cnnmoney.

wait a minute. aren't we still in the recession of 2001?

the good news is, if you actually have a job and some money to spend and want to buy a house, 30 year mortgages are under 6 percent for the record sixth straight week.

that's a relief. of course, it doesn't mean anything if you've got all your money in the market.

posted by skippy at 12:00 PM |


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