Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Brilliant; Willie Green; NYC Republican; Howlin; Sabertooth; Joe Hadenuf; SierraWasp; ...
One thing that hasn't gotten much play is the stat behind our 4.2% GDP growth.

You see, our most recent Quarter's GDP growth was published as being 4.2%...but what most people don't know is that figure was inflation adjusted down.

The actual growth in the size of our economy was 7.9%.

What was published was the more conservative 4.2% inflation-adjusted figure.

But salaries, spending, business expansions, new manufacturing, home sales, et al were all contributing to a 7.9% growth in the size of our economy.

7.9%

Our economy is flat out BOOMING!

9 posted on 06/15/2004 3:23:47 PM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Southack
The actual growth in the size of our economy was 7.9%.
What was published was the more conservative 4.2% inflation-adjusted figure.

You're claiming they revised the figure downward by 46.8% (almost cutting it in half) as an adjustment for inflation?

That's one helluva inflation rate we're experiencing.

Either that, or you've gone back to ingesting hallucinogens again.

17 posted on 06/15/2004 3:36:16 PM PDT by Willie Green (Go Pat Go!!!)
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson