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Message
re: First Quarter GDP Down 2.9%, Not 1%
Posted on 6/25/14 at 11:19 am to VOLhalla
Posted on 6/25/14 at 11:19 am to VOLhalla
quote:Basically... yes. If the entrusted brain trust can't get it right, why give them more power? It's like trusting your best client to your most incompetent employee.
The CBO fails to accurately predict the size of a future recession so we should abandon any stimulus attempts when the recession occurs?
quote:Nay. Ignoring the actual result is the epitome of ignorance.
If it doesn't show deception then it certainly shows ignorance.
0
Posted on 6/25/14 at 12:24 pm to Lsut81
quote:
Also, I thought the initial was -.1% not -1%
The initial estimate (April) was + 0.1%. Then the 2nd (May) was -1.0%.
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