I think it's probably on the high side. I've seen other estimates more in line with a half-percent hurt to GDP growth in the third quarter and fourth quarter -- but with a pick-up of roughly that order for '06,
With the crushing debt burden lifted, countries can focus their efforts on generating economic growth by investing in infrastructure to help move goods from producers to purchases and by investing in their people
It would seem to make sense to think that we could see loss of GDP growth rate in the quarters ahead of half a percent or so,
The most important factor leading to our trade deficit is that the U.S. economy has had much higher rates of economic growth and job creation than our major trading partners over the past decade,
The adjustment of global imbalances is a shared responsibility, ... Domestic demand growth in Europe and Japan, though somewhat improved, still falls far short of what is needed.