Today's release from the government on economic growth estimated that the nation's Gross Domestic Product grew at an annual rate of 2.0 percent in the third quarter, a slight downward revision from November's estimate of 2.1 percent. This continues the economy's dismal, worst-since-World War II growth performance since the recession officially ended over six years ago.
But never fear. According to the Associated Press's headline writers early this afternoon, there is going to be a growth "pickup." Not to be outdone, AP economics writer Martin Crutsinger regaled readers with how the economy will have "stronger growth." Wait til you see what they're talking about. Seldom, if ever, has so much been made of so little (bolds are mine):