Ucla Forecast News Today

More money out of their pocket. we did see the payroll tax increases did have an impact on spending. even though optimism is up latest gauge of spending is that it is flat. that is the real driver of this economy. >> gregg: put a couple of graphics on the screen. here is where the obama recovery stands. it ticked up real unemployment is 10.9% or higher. g.d.p. is a meager 2.4%. then here a quote from director ucla forecast -- its not a recovery. its not even normal growth. its bad. is he right? ...