Downward revision?! I’m shocked.
really. I don’t even bother when the initial announcements are made...they can make the stats read any way they want.
The article states that economist expected no revision...HA.. which makes posters on the FR much smarter that Ivy League trained economists....
Meanwhile, CNBC says “The Economy is finally beginning to fire on all cylinders again!”.
NBC Propaganda in action.
If these people could convince the sheeple that 4.2% Unemployment under Bush was “The WORST ECONOMY SINCE THE GREAT DEPRESSION!”, why can’t they convince the sheeple that malaise and inflation is “RECOVERY!”?