http://www.advancedhomenow.com/mortgage-life-insurance/?utm_source=rss&utm_medium=rss&utm_campaign=mortgage-life-insurance Modern home first, performance now Sun, 26 Jun 2011 07:53:35 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.advancedhomenow.com/mortgage-life-insurance/comment-page-1/#comment-2611 Debroah Hennagir Sun, 26 Jun 2011 07:53:35 +0000 http://www.advancedhome.net/?p=87#comment-2611 While I can appreciate the points in Mortgage life insurance, I am tired and sick of hearing rubbish about the "US economic recovery". The US government borrowed and spent $6.1T during the last four years to obtain a cumulative $700 billion rise in the nation's GDP. That means we've borrowed and spent $8.70 for every $1 of nominal "economic growth" in GDP. In constant $, Gross domestic product is flat, we've got no "economic growth" at all for our $6.1 trillion. In constant dollars, the gross domestic product in 2011 might return to the 2007 level, if the economy continues "growing" at the same rate reached in the first 90 days of 2011. If not, then the Gross Domestic Product will actually be lower than pre-recession levels. There is no recovery, the numbers prove it. While I can appreciate the points in Mortgage life insurance, I am tired and sick of hearing rubbish about the “US economic recovery”. The US government borrowed and spent $6.1T during the last four years to obtain a cumulative $700 billion rise in the nation’s GDP. That means we’ve borrowed and spent $8.70 for every $1 of nominal “economic growth” in GDP. In constant $, Gross domestic product is flat, we’ve got no “economic growth” at all for our $6.1 trillion. In constant dollars, the gross domestic product in 2011 might return to the 2007 level, if the economy continues “growing” at the same rate reached in the first 90 days of 2011. If not, then the Gross Domestic Product will actually be lower than pre-recession levels. There is no recovery, the numbers prove it.

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