Oct 072010
 
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PLA had an article on economic growth:

  • GDP stands for Gross Domestic Product and is the measure for economic production. The higher the GDP, the higher the economic production.
  • For the twenty years for which Republican presidents submitted budgets, the average rate of GDP growth was 2.94%.
  • For the twenty years in which Democratic presidents submitted budgets, the average rate of GDP growth was 3.92%.

To read the entire article, click on Just for the Record Part III.

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