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To: Red in Blue PA
The number was well below the 2 percent pace of expansion that economists had been looking for

No, that is flat out wrong. Economists were looking for a 2.6% increase. You have to question anything the NYT says.

15 posted on 07/29/2016 6:27:03 AM PDT by Starboard
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To: Starboard
” Economists were looking for a 2.6% increase”

I think Economists are in the Tank just like Wall Street analysts. Economists publish a much rosier picture on GDP projections. They don't come home, Yellen doesn't raise rates, Wall Street celebrates and and the over inflated Stock Market keeps going up. The rich get richer, they are in on the scam.

Stock Market analysts lowball quarterly results estimates. Apple, Alphabet, Amazon, Facebook come out with blow out numbers versus estimate, Stocks go up 10% the next day. Rich get richer, Oligarchs like Bezos and lil Man boy over at Facebook net worth is up billions in an hour. We have a phony and IMO dangerous economy that could lead to civil unrest not seen before.

26 posted on 07/29/2016 6:44:00 AM PDT by DAC21
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To: Starboard

You are correct; I took the 2% from the article.


28 posted on 07/29/2016 6:52:18 AM PDT by Red in Blue PA (war is peace, freedom is slavery, ignorance is strength, obamca loves America)
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