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To: SeekAndFind

Down 2.9% in one quarter, up 4% the next. Are they going to attribute this to “good weather”?

Things do not swing this wildly without flawed or false data. These books are so cooked one must wear asbestos gloves to read them.


9 posted on 07/30/2014 7:04:27 AM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: LostInBayport

Everyone knew 1Q was screwed up (way too low which is why most estimates were ~3%). Everyone saying 2Q is wrong (way too high). At the end of the day the economy is growing 1.5-2.0% per year. Right where we have been the last few years.


13 posted on 07/30/2014 7:10:10 AM PDT by Wyatt's Torch
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To: LostInBayport
There were some wild swings back in the early 80's but this does not feel like an 80's economy to me.


18 posted on 07/30/2014 7:18:34 AM PDT by jpsb (Believe nothing until it has been officially denied)
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To: LostInBayport

I’m wondering if government expenditures on bammycare subsidies are now included in the GDP.


24 posted on 07/30/2014 7:33:37 AM PDT by lacrew
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