Derek Thompson - Derek Thompson is an associate editor at The Atlantic, where he writes about economics, business, and technology. Derek has also written for BusinessWeek, Slate and The Daily Beast.
Families and companies worked hard to repair their balance sheets, and all indications are that they are ready to spend again. Higher spending will improve company revenue, which in turn creates more jobs. While state and local governments have struggled to balance budgets in 2009 and 2010, Goldman expects that the comeback of the American consumer will increase sales tax revenue that will support government jobs that are currently at risk.
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