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To: Wyatt's Torch
The entire GDP model/calculation was revised back to 1929. The comparison between the 1.8% and 1.1% is apples and oranges.

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Absolutely right! The economic ledgerdemain of this administration knows no bounds. They will continue to distort and "revise" the basis for any problematic numbers that show the economy in a bad light.

Their greatest fear is a slide back into recesssion before the next election. They will never let that happen and will cook the numbers anyway they can to avoid the perception that things are going downhill.

This deceitful manipulation has become pervasive and systemic. But the eocnomy is so weak that even with this blatent maniplation, the numbers are STILL BAD!

18 posted on 07/31/2013 6:55:06 AM PDT by Starboard
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To: Starboard

there are large scale revisions done all the time so it’s not just this administration. Here is a list of them back to 1997:

http://www.bea.gov/national/an1.htm


26 posted on 07/31/2013 7:38:34 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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