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Join Date: Dec 2007
Posts: 7,795
Points: 63,403,688,681.88
Bank: 13,969,566,148.37
Total Points: 77,373,254,830.24
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Quote:
Originally Posted by The Dice
2.36 percentage points of the 3.5 percent third-quarter growth in GDP came from consumer spending. Car sales alone represented 1 percentage point of total growth, reflecting the success of the government's Cash for Clunkers program.
And the holiday season is close. Means more spending
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Cash for clunkers is fake spending, an accounting trick. Its the same thing as loaning yourself money.
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