GDP Falls by 2.9% in Q1 14

Chilly, here's cut and past of your quote. "The Commerce Department did NOT report 1 percent growth last month. It reported a 1.0% percent contraction. You're off by 2.0%.

And what does this mean?

[Just as alanleroyII, DonDiego cannot just make stuff up, . . . he has to find stuff on the internets. If the reader finds it inaccurate, it's not poor old DonDiego's fault.]

US Economic Stuff - Quarter 1, 2014




__Conclusion - Easy Money has consequences, especially for those who own assets rising in value.


The Culprits in the Q1 GDP Surprise



__Conclusion - Where's Global Warming when one needs it?


Some Correlation Between "significant" GDP drops and Recessions is Indicated




__Conclusion - Maybe this time will be different.


One Contributor to the "surprise" GDP decline


[The grey bar is the first revision to the Healthcare Services portion of GDP, the red bar is the final revision over the last 5 quarters.]

__Conclusion -
i. Final Revision was not necessary throughout 2013. Something must've changed.
ii. Obamacare may yet be the salvation of the economy, . . . although if costs to the Government were to rise as medical costs exceed the participating insurers' expectations, this may not be beneficial to the taxpayer or, more likely, the National Debt.

I'm dubious about this chart. The method by which GDP was reported today has only existed for about 30 years. 19 of the 25 years on your chart predate the current method, suggesting apples are being compared to oranges.

But at least it was legible on my computer, unlike most of the others.

???? What does this mean?

I'm not sure I understand your chart. It's so wild it almost looks like a change in reporting methodology or an error. So is this an indication that Obamacare may be wringing costs out of medical care....or just wringing medical care.

I think he's saying you are smart...like a Box of Rocks.

Box of Rocks: Urban Dictionary

"When a person, usually a male, has brain matter equivalent to a cardboard box containing a assortment of rocks with absolutely no street value. Not to be confused with a jewelry box.

Mike is a fuckin' box of rocks. He does the dumbest shit."

https://www.urbandictionary.com/define.php?term=box%20of%20rocks

Gee, thanks alanleroys, he was going to be occupied for days until you spoiled the fun.

DonDiego is pleased things worked out so well.