Does ANYONE buy the latest +.06% GDP figure even for a second?

[El Pinko]

I doubt even the most gullible Joe Six Pack who watches Cramer on CNBC will buy this one.

I can hardly wait for the 'revised' figure that will come out on page 10 of the paper 6 months from now of -.08%...

:puke:

[leftofthedial]

1. I don't believe ANY official economic figure that comes out of the ruling cabal

they are all lies.

Unemployment is at least three time higher than the official number, for example.

The chocolate ration has been increased by 20%.

[Warpy]

8. Good policy, considering we know they're lying about so much

The good news is that they don't know when to stop lying, and everybody who shops for food or puts gas into the car knows they're lying.

Revolutions have happened over less. Let's hope this one is peaceful.

[Richard Steele]

2. Certainly not. It's an insult to even say such a thing to us. nm

[Rex]

3. TPR tried to whitewash the bullshit this AM.

[Zynx]

4. It was only an increase due to a reduction in the trade deficit and an increase in inventories.

Actually total real purchases dropped. Even if it were .6%, that's pretty awful. That's annualized, meaning that at the same rate our economy would expand at half the rate of population growth for the full year, meaning that GDP per capita actually fell.

[El Pinko]

5. Thanks for pointing that out.

Also - don't the increased prices of gas and food show up as increased economic activity within GDP?

That kind of 'growth' doesn't really benefit most of us at all...

[PerfectSage]

6. Nope. The inflation figures are fudged. Thatl'll affect the gdp deflator and therefore GDP

What till October. That'll tell the tale.

[nadinbrzezinski]

7. Of course, after all they'd never lie to you

:sarcasm:

[Horse with no Name]

9. No worries.

They will announce the REAL numbers in November and call it a sharp decline because of the elections.:eyes:

[Elwood P Dowd]

10. It's the faul of the Democrats.

On some of the sports forums with GD or political discussions, the brainwashed repukes are saying the American public is scared shitless of the Democrats taking power and that is the reason for the bad economy. As soon as McSame takes office, the economy will flourish again just like it did during Bushitler's first 7 years.

[Rex]

11. It must truly be amazing to live on the planet Repukes inhabit.

Even the worst Disney nightmare couldn't describe a single day in a Repuker's life. They eat shit everyday and smile like they like it.

Amazing.

[DS1]

12. All I know is that I'm counting every dollar now

and am planning on eating a lot of pasta until my next paycheck

[KharmaTrain]

13. How A Lie Is Manufactured

By GDP supposedly going up that means there's no way we're in a recession cause it didn't go down for a third quarter. Ain't that fancy math magic.

Of course, this number is manipulated by this regime and we know they always shoot straight. :sarcasm:

[halliburtonsux]

14. Nope.

n/t

[The Inquisitive]

15. I thought it was .6%

but regardless, I agree, I have sincere doubts on the accuracy of the figure due to the COMPLETE and UTTER lack of credibility of this loathsome administration.