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To: icwhatudo
There's math. And then there's government math.

Last week's 365K number was revised to 368K so that this weeks' 367K claims number could be reported as having "beaten" expectations. Rah. Rah.

Now, when this weeks' number is revised upwards next week (and it will be), today's result will be revealed to have been be a "miss" - but by then, it will be down the memory hole, which is the whole point of the exercise.

15 posted on 05/10/2012 6:16:14 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: andy58-in-nh

How convenient... Last week revised EXEACTLY by the amount it would take to show a loss this week.


19 posted on 05/10/2012 6:27:16 AM PDT by NE Cons
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