Changes

[[File:Growth after 2009 Stimulus.JPG|375px]]<br>

[[File:Growth after 2009 Stimulus.JPG|375px]]<br>

The [[U.S. Commerce Dept.]] reported [[Gross Domestic Product]] has not responded adequately to the one trillion dollars in stimulus passed since Speaker [[Nancy Pelosi]] took control of the [[U.S. House of Representatives]] in early 2007. More than 8 million jobs have been lost however, affecting the lives of 30 million workers. Several trillion dollars have also been added to the '''[[National debt]]'''. Analysts for the ''[[New York Times]]'' anticipate [http://economix.blogs.nytimes.com/2010/10/14/third-quarter-g-d-p-forecast-revised-down/ another downward revision] when 3rd quarter estimates are released Friday.

The [[U.S. Commerce Dept.]] reported [[Gross Domestic Product]] has not responded adequately to President Obama's [[economic stimulus]] over [[Recovery Summer]]. Millions of jobs have been lost however, affecting the lives of nearly one out of every three workers. And the [[Obama administration deficit spending]] has added several trillion dollars more to the [[National debt]].  

By contrast, the 3.0%+ growth rates sustained by the [[Reagan]] era tax cuts as the United States emerged from the 1982 [[recession]] provided the necessary stimulus to maintain a growing population and declining unemployment (below chart).<br>

By contrast, the 3.0%+ growth rates sustained by the [[Reagan]] era tax cuts as the United States emerged from the 1982 [[recession]] provided the necessary stimulus to maintain a growing population and declining unemployment (below chart).<br>