It's a sad state of affairs.

Current Events » in reply to First quarter growth revised upward again

Bowser — 6/26/2008 5:53:12 PM (archived)

To be honest, I don't believe figures coming from this administration. I read the reports of bank problems, consumer confidence, and so on and I suspect GWB has learned a lesson from GHWB.

Toward the end of his term GHWB cherry-picked statistics to try to present a glowing picture of the economy. He ordered some agencies to stop submitting certain numbers.

'Cause I don't see any real growth out there. Check the two biggest purchases people make, cars and homes. Check what airlines are doing, and how food prices are responding to the financial situation. Oh, yes, add fuel surcharges on to about everything used.

There may be more demand for small arms, grenades, etc., but that must be about it.

The US government figures just don't pass the smell test.

Arfr

The whole thread (24 posts)

First quarter growth revised upward again - TB - 6/26/2008 4:47:42 PM
- re: First quarter growth revised upward again - Yeti - 6/27/2008 12:16:41 AM
  - Good point - TB - 6/27/2008 4:04:47 AM
    - Recessions are always declared after the fact, even in the dumbed down case - Yeti - 6/27/2008 5:16:37 AM
  - Oh, and add in - Yeti - 6/27/2008 12:21:18 AM
- I certainly hope the Bush administration doesn't plan to brag about 1% growth... - z - 6/26/2008 7:21:49 PM
  - I wouldn't either. - TB - 6/26/2008 7:25:15 PM
    - well thank goodness you used the word "artificially" - z - 6/26/2008 9:08:51 PM
      - You could hear a pin drop (n/t) - pb - 6/27/2008 7:46:47 AM
      - Okay, here's fifty billion dollars. - TB - 6/26/2008 10:29:39 PM
        
        By what twist of conservative logic are we to believe - z - 6/27/2008 1:43:46 PM
        
        Your benchmark was enough funding to hunt down bin Laden. - TB - 6/27/2008 2:06:49 PM
        
        How do you know he's not in Afghanistan??? - z - 6/27/2008 3:12:02 PM
        
        Well, how do you know he's not in Wisconsin??? - TB - 6/27/2008 4:32:58 PM
- It's a sad state of affairs. - Bowser - 6/26/2008 5:53:12 PM
  - No shit. - RobVG - 6/27/2008 2:45:34 AM
    - Careful there, Rob, words like that will catch you a case of 'TB' - Yeti - 6/28/2008 3:49:34 PM
      - My bad. - RobVG - 6/28/2008 4:11:21 PM
  - I bet it would have passed your "smell test" if the numbers had met your approval. - TB - 6/26/2008 6:40:23 PM
    - Of course - the numbers would have matched observations. - Bowser - 6/26/2008 6:58:42 PM
      - The plural of "anecdote" is not "data." (n/t) - TB - 6/26/2008 7:22:12 PM
        
        The track record of the Bushes is to cherry-pick for political gain. (n/t) - Bowser - 6/26/2008 7:30:52 PM
- Dang, forgot link, too. - TB - 6/26/2008 4:53:08 PM
- Should be "improves" not "improved." (n/t) - TB - 6/26/2008 4:48:34 PM

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