Posted on 05/22/2015 5:57:37 PM PDT by E. Pluribus Unum
WASHINGTON (AP) -- There's something strange about the U.S. economy in the first three months of every year: It frequently grows at a much slower pace than in the other nine months.
And on Friday, the government agency charged with calculating the economy's growth rate said it would adjust its methods in an effort to resolve the problem.
The changes could paint a much different picture of the economy's recent performance. Concerns flared when the government said late last month that the economy expanded just 0.2 percent at an annual rate in the first quarter. But many economists have challenged the government's data, and some have argued the first-quarter figure should be as high as 1.8 percent instead.
(Excerpt) Read more at hosted.ap.org ...
It’s not a mystery. Even Scooby Doo can figure it out and here’s the “mystery”...our “leader” is a braindead scumbag anti American traitor.
Tax planning?
poor people, if you apply an adjustment to q1, you have to create off-sets in the other quarters, net result.....no growth!
In sports it is referred to as a “make up call”.
I believe this investigation ought to be relegated to the ‘Mystery Science Theater 3000’.
They already adjust the numbers up to compensate for weather. Why not just make them up out of whole cloth?
The kids are out of school for six weeks, three weeks for mid-winter break, three weeks for spring break. There used to not be a mid-winter break. During spring break, the women who were traditional stay at home moms, teachers and nurses would stay home with the kids.
Then women started demanding that the men stay home as well and take family holiday with them. Also the mid-winter break was added on.
So where there used to be only one break with one part of the populace not working, now there are two breaks where the whole family unit is off and no one works.
The joys of public education and the faminazis.
Translation: Obama administration to find way to “fix” the data to show what it wants it to say. We simply cannot allow reality to intrude upon utopia.
Unemployment!?! Poof, just disappear those no longer even looking and proclaim victory that out of the 2 of 10 people still looking only 5.4% of them are unemployed. Slower growth, lousy consumer confidence, bad economic news of any kind? Poof, just have the media apply the standard tag lines like: “despite the continued strong recovery (insert bad news here) or preface bad news with the good old “unexpectedly”
“And on Friday, the government agency charged with calculating the economy’s growth rate said it would adjust its methods in an effort to resolve the problem.
Laughing at these people. If we can’t show better growth for real why not change the formula so we can tell the unwashed masses how well they’re doing.
When one ascribes to magic, everything can be deemed a mystery.....”Barack the magic Negro.....”
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