[Red Badger]

EXPECT THE UNEXPECTED.....................

[jpsb]

And inflation was what? 3-5 percent? Sounds more like no growth to me.

[all the best]

“The economy grew less than expected in the second quarter as consumer spending barely rose”

Consumer spending barely rose because the economy grew less than expected.

[Marty62]

Anyone remember when Venezula had a 400% inflation rate?

[GailA]

Between the cheap made, lead loaded china made crap that won’t go through 2-3 cleanings with out unraveling, why should I spend what few extra $$ for such garbage, and it is not even my age related in clothing.

[zavvone]

Who are these economists? They never get it right. How do any of them still have jobs?

[randita]

Any economic growth whatsoever is the past two years has been due to government pumping. The pumping has stopped and at least for the time being, QE has stopped.

If or when the government credit card is cut off, these numbers are going to go negative for a long time. Has to be done, but it’s going to be the pits for everyone for a long time.

[spokeshave]

This and the sharp downward revisions to the prior quarters suggest a more troubling and fundamental slowdown might be underway.

0banomics leads to .....0bamageddon.

[Siouxz]

In other news, chocolate rations are up. Does anyone believe these numbers? This is a damn depression.

[magellan]

And I expect last week's unexpected drop in unemployment to 398,000 to be revised up above 400,000.

[mtthw2]

This is just cover for QE3. Watch for this announcement soon.

[kittymyrib]

Putting lipstick on the pig, they had to doctor last month’s number, knocking a stunning 1.5% off, so this month’s pathetically anemic number would look like an improvement. Who believes this bunch of liars, after all the phony numbers they’ve fed the press since BO’s immaculation?