Word: growed
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...what happened when other people were in this situation? It looks at things from a larger statistical sample. Almost always the outside view gives you an answer that's more pessimistic than the inside view. An analyst sent us a report about Amazon.com that said I think they can grow 25% a year for the next 10 years. The analyst looked at the category, at international expansion - he had a story - but the question is, how many companies in history have ever done that? The psychology of this is that there are all these illusions that we have, like...
...doing what they always do: predict the economy will do about average. The problem is that what economists have come to believe is average growth for the U.S. economy in recent years has been falling. The Congressional Budget Office recently said it expects that the U.S. economy will grow on average about 2.2% a year. That's down from a trend expectation of about 3% just a few years ago. "The economy will feel better in 2011," says Wyss. "But that doesn't mean it will feel good." (See the top 10 financial-crisis buzzwords...
...general, the projection for late 2010 and 2011, when much of the stimulus spending will have run out, is that the economy will continue to grow but at a rate slower than past recoveries. A recent poll of economists by the newsletter Blue Chip Economic Indicators found that on average, economists expect the economy to expand 2.7% in the fourth quarter of 2010. That's faster than the economy is growing today, but not what you would expect in good times. "The rule is that the deeper the recession, the more robust the rebound," says Blue Chip editor Randy Moore...
...Read about efforts to grow the Iran-sanctions coalition...
...Senate Finance Committee has shown much more determination than House Democrats in holding the fiscal line. According to the official government accounting, which leaves out most of the systemic changes, the current House bill would moderately grow the deficit over the next 20 years, while the Senate Finance Committee bill would save nearly $1 trillion in the same period...