GDP Falls by 2.9% in Q1 14

It has changed a great deal. The new racino is within a mile or 2 of the prison.

Oh come on. It's a difference of .2% of GDP we're talking about. Which is nothing to brag about....frankly not even worth a comment....But again I look forward to all of your future reports.

It's the lot of a non-partisan. The middle always gets attacked by both extremes.

No worries, your statement that it was only a 0.2% adjustment was only off by 2,500.0%.

What's 2,500.0% among friends?

2,500% or 25,000%...why would you possibly consider the difference between 4% and 4.2% in any way significant, noteworthy or newsworthy? I'm sure you don't really. It's just you thought my original post on this thread pointing out the Significant, newsworthy and unexpected massive first quarter negative adjustment as an attack on President Obama. Well it wasn't.

In fact, I believe the President has very little control over the economy compared to such things as business cycles, monetary policy, the weather, energy costs and consumer debt. I try not to attack the President for negative economic news or praise him for positive news. There's plenty of other stuff to not like though.

Our GDP is about $17.3 trillion. The difference between 4.0% quarterly growth and 4.2% quarterly growth is about $8.65 billion dollars.

I've long thought of $8.65 billion as a lot of money, but perhaps you run in fancier circles.

Well that may be true if you're comparing GDP to the cash in your piggy bank, but in the world of GDP revisions it's not even worth mentioning. In fact each of the last 54 quarters has had at least one revision of substantially more than the one you're touting. So what's your real point? To announce a minor upward revision of GDP? Like I said earlier...Whoopee. Thanks for your virtually meaningless contribution.

There are still record number of people on welfare and food stamps. The poverty rate is above the historical average and there are more part time jobs being created than full time jobs. Overall one of the weakest post recession recoveries ever.

Lets play golf!

Really?

My post about yesterday's revised quarterly growth figure is a "virtually meaningless contribution" to the thread you started about revised quarterly growth figures? Hmmm . . . .

Today's Wall Street Journal found this news worthy of publication on page 1 of today's paper.



But then, that's just the Wall Street Journal. Relative to the alanleroys, what does the Wall Street Journal know about meaningful news? My bad.

Perhaps I should have posted something hateful about black people or gay people or muslim people or latino people like Boilerman and albeadle33 constantly do. Those sorts of posts rarely draw an objection from the alanleroys here.

The self-described moderate alanleroys.

The thread I started was about an abnormal, unexpected, outlying adjustment...the largest in years. Your recent contribution was touting a minor adjustment that is dwarfed by adjustments in each of the last 54 quarters. I'm sorry you can't see the difference. Some people are like that.....can't separate the wheat from the chaff.

Now you justify this 'contribution' by pointing out that it was in the Wall Street Journal. What's next? Are you going to give us a daily stock report too? But hell, you clearly wish to turn this into a discussion of each and every minor GDP adjustment (There are 4 for each quarter...and you'll find most reported in the WSJ). I guess you've found your calling.

Now as for the racist troll albeadle I generally avoid him. He is a troll. A well known troll. He lives for your comments and feeding the troll is generally not recommended. Although, I don't always ignore him....

https://www.lasvegasadvisor.com/forum/messageview.cfm?catid=17&threadid=323927

Of course we didn't see chilcoot or his ilk shaming albeadle on that nasty thread, did we? You can apologize to me any time, asshole.