Rare Audio

LISTEN: GDP and the real indicator of economic health

U.S. gross domestic product rose at an annual rate of 2.8% in the third quarter which just ended, says Herman Cain. In this clip, Cain explains how the biggest driver of our economy is consumer spending, which represents 2/3rds of GDP, was only 1.5% — a pitiful number compared to the normal level of 3.5 – 4%.