The Recession's Over and Q3 GDP is +3%, Break Out the H-1B Champaign
Per article from 9/2009 Whitehouse Q3 2009 report in part:
"...There is broad agreement that the ARRA has added between 2 and 3 percentage points to baseline real GDP growth in the second quarter of 2009 and around 3 percentage points in the third quarter...."
The rest of the URL:
Meaning, without the almost $1 trillion dollar stimulus IOU to our grandkids, made earlier this year, our "H-1B champaign Q3 GDP" goes back to about zero [or worse, IMO].
Ask the approx 50,000,000 severely underemployed and unemployed Americans today if "the recession's over" and more uncontrolled population won't hurt us at all now.