This is the most encouraging piece of economic news I've read in a while. Ezekial Emmanuel thinks it will continue and it is a result of health reform measures. If he's right that is very good.
Of course, that's an open question. This graphic is linked to in the first link from the Sullivan article:
It gives you a sense of the variability of these growth rates. It definitely looks quite low, even by recent historical standards - but it all depends on how sustainable the lower growth rate is. This is good medium to long-term news - it doesn't help us with our current problems. In fact abstaining from further stimulus because of debt worries is going to look even dumber in retrospect if this trend continues.
Three Roads to Hard Money
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