SPDR S&P 500 (SPY): GDP number is now meaning less. GDP numb...

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Re: GLENO34 post# 94393

Thursday, 01/28/2010 3:36:56 PM

Thursday, January 28, 2010 3:36:56 PM

GDP number is now meaning less. GDP number includes products made in china by US companies. So the higer GDP doesn't mean that it is creating jobs in US. One job sent to china, really result in 10 jobs going there. It's time to bring manufacturing back. People should be willing to pay higher prices for products. Our quest to lower prices has brought us into this mess.

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