[PJ-Comix]

Economic surge during the Bush years was spun into gloom and now economic decline is spun into joy.

[ButThreeLeftsDo]

DOW is up 60 on this great news!

[al_c]

The cost of everything continues to skyrocket ... there is no recovery.

[hosepipe]

“Arbeit macht frei”.................

[piytar]

Horray! Our chocolate rations have been increased from 30 grams to 25 grams!

[Mr. K]

I wonder if the Soviet Era propagandists were as gleefully willing as our current media whorenalists

[kanawa]

2+2=5

[God luvs America]

the recovery is underway??? so what about the first six years of obama’s failed term??

[Iron Munro]

This Recovery Is Underway

This Recovery Is Under Water

(Sixth Annual "Recovery Summer")

[BitWielder1]

Only under a Dem president could negative growth be construed as a sign of recovery.
The Media hold Republican presidents to much higher standards.

[GOPJ]

CNN’s earned their spot at the bottom of the heap...

[kcvl]

Annalyn Kurtz

[Jack Hammer]

“This recovery is underway.”

Been hearing this for six years now, and every year the economy is worse than the year previous.

Obama’s Ministry of Propaganda really has got to invent a new lie.

[kcvl]

Annalyn Kurtz Verified account

@AnnalynKurtz Wow. @CEAChair Jason Furman says these GDP revisions (from March to June) represent BEA’s largest GDP revision in about 30 years

Annalyn Kurtz @AnnalynKurtz · 4h

Don’t forget: All these GDP numbers are going to be revised again next month, when BEA makes revisions back to 1999.

Annalyn Kurtz @AnnalynKurtz · 4h

Woah. The U.S. economy shrank at a 2.9% annual pace in the first quarter

https://twitter.com/AnnalynKurtz

[kcvl]

Annalyn Kurtz @AnnalynKurtz · Jun 24

Unemployment could reach 5.8% by end of this year, 5.6% by end of 2015, forecasts @PhiladelphiaFed President Charles Plosser

https://twitter.com/AnnalynKurtz

[kcvl]

Annalyn Kurtz

CNN Reports ‘U.S. Economy Shrinks, But It’s Not a Big Deal’

By Laura Flint | May 29, 2014 | 13:05

Last month, CNN reported that the U.S. Bureau of Economic Analysis measured a decrease in the rate of growth of U.S. gross domestic product (GDP) to the tune of 0.1 percent. But relax, they insisted, it was merely due to the “winter weather effect.”

Fast forward to today and the Bureau’s downward revision of GDP growth. The feds now tell us the economy contracted one percent in the first quarter. Yes, this is “the first downturn since 2011,” CNNMoney noted but, hey, “it’s not a big deal,” according to the network’s dismissive headline.

http://newsbusters.org/people-and-organizations/annalyn-kurtz#ixzz35fXf4ct0

[Cementjungle]

Contrast this with CNN Money's report on the 2005 1Q GDP report where the GDP INCREASED by an annual rate of 3.1%:

"NEW YORK (CNN/Money) - The nation's economy was hit by both slower growth and higher prices in the first quarter, a government report showed Thursday, presenting both economists and investors with worrisome signs about future economic stength. "

link

[bray]

Wasn’t that the quarter that was hailed as a .0000001% growth?

Pray America wakes up

[GeronL]

we are probably heading into a depression

[FourtySeven]

It’s the REAL summer of recovery this time! Wheeeeeee!