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VodkaPundit

One of These Things Is Not Like the Other…

December 5th, 2013 - 12:19 pm

Third quarter’s revised 3.6% GDP growth sure felt nice, although I seem to remember hearing something somewhere how shutdown fears were going to destroy everything everywhere. What I’m finding difficult though is how to square the reported growth with this:

TYLER

Anyone?

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All Comments   (5)
All Comments   (5)
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Pulling numbers out of their ass?
19 weeks ago
19 weeks ago Link To Comment
Lets see now, an inflation index that omits food and fuel, an unemployment figure that omits workplace participation, GDP figures that are inconsistent with reality, Jeff's metric/parameter proffer appears real.
19 weeks ago
19 weeks ago Link To Comment
It's a simple matter of confusing the metric with the parameter. What we want is a healthy economy. In a healthy economy GDP increases steadily. So our betters (I never said what they were better AT) in DC implement policies that cause GDP to increase. Unfortunately that usually has the same effect on the economy as sliding the scale behind a thermometer has on temperature.
19 weeks ago
19 weeks ago Link To Comment
"If you like your revised 3.6% growth, you can keep your revised 3.6% growth"

And then the truth comes out....
What part of that dont you get Steve?
19 weeks ago
19 weeks ago Link To Comment
Obamacare services?

Purchases by Russian diplomats? http://www.bbc.co.uk/news/world-us-canada-25239438 Didn't Pelosi say that one dollar spent by foreign diplomats ripping off Medicaid would add four dollars to GDP? Or maybe I misunderstood.
19 weeks ago
19 weeks ago Link To Comment
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