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To: skeeter
They are changing the formula for figuring GDP and adding 3% in the form of GOVERNMENT SPENDING on R&D (yes... spending will be added as growth) and hollyweird movie receipts... it will add 3 % bulls!t growth to the GDP bottom line. THAT is how they will get growth so the obomba will not have to admit two quarters of negative growth and an official RECESSION!

LLS

17 posted on 04/24/2013 11:55:20 AM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
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To: LibLieSlayer

The GOP should pull the blanket back on that one. But they probably like it.


19 posted on 04/24/2013 11:58:19 AM PDT by skeeter
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To: LibLieSlayer

Nothing like double counting, heh? The Enronization of our nation continues.....

http://www.athenaalliance.org/pdf/PolicyonIntangibles-Torino.pdf

Note: See page 3 for list of “Intangibles” to be included in GDP total. This report was from May 2009, so the change has been planned for a while. They know what is going on, they just need to cover it up by ‘rewriting history’.


23 posted on 04/24/2013 12:28:22 PM PDT by griswold3
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