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Too Much Optimism on U.S. Economy?

Wednesday, 8 Feb 2012 | 8:00 AM ET

The GDP growth has been moderate but the private sector is growing almost five percent a year, with Austan Goolsbee, former Council of Economic Advisers chairman, who says it's ironic that those numbers are showing that growth is still high even though people say the reason the economy isn't growing as much is because of the growth of government.