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In last week’s CI CyberNews CyberPoll, we asked readers if they think that the growth illustrated by the recent jump in GDP can be sustained. Here’s how the responses broke down:
- No, high unemployment will keep consumer spending down: 68.18%
- No, it is due to restocking of inventories and will slow back down: 27.27%
- Yes, it is a true measure of the recession being over: 4.55%
“Increased government spending will keep the recovery at bay.”
“A small portion is due to year-end re-stock & investment to keep from paying taxes. However, even more, the ‘growth’ is due to inflation, as all the figures are in dollars rather than value.”
One of the readers who chose the “yes” option commented: “God, I hope so. If this is some false bounce, I’m going to be depressed as h###.”
Do you agree with the survey’s results? Please share your thoughts by entering a comment below.
Many thanks to all of the CI CyberNews readers who have participated in our CyberPolls! Not a CI CyberNews subscriber? Follow this link to sign up for your free subscription!