The Corner

Re: Goldilocks Lives

Man, what is it with these GDP revisions? The initial report on the third quarter was 1.6 percent growth and now it’s been revised upward to 2.2 percent? That says the initial report was off by 40 percent! This happens every time. What’s the point of releasing the initial report if it’s so incredibly wrong?  Because the stock market wants it? But then there’s a month or more of false government information coloring the market. Something’s got to change here sometime.

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