Tuesday, November 22, 2011

Another Day, Another Revision...Down

Not exactly booming.


Headline: A second reading of  Q3 GDP was shaved down dramatically to 2% on a seasonally adjusted annual basis. This comes from a prior reading of 2.5% GDP growth.
Its only a half of a percent...
No doubt the fault of those nasty Republicans beholden to the Tea Party extremists.

2 comments:

Woodsterman (Odie) said...

You just don't understand. We need to throw more money at it ... or did we.

Ron Russell said...

The more the economy sinks the less likely Barack will win a second term---he can blame others all he wants, but in the end the people will hold this guy responsible. Just the way it is Barack Baby!