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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (62003)6/10/1999 8:17:00 PM
From: Knighty Tin  Read Replies (8) of 132070
 
To All, Anyone else notice that most govt. stats are being revised to the negative side. In other words, up, if up is bad, down, if down is bad. For example, GDP and productivity were both revised down big time from the earlier estimates. While consumer debt was ratcheted up big time. I am not a conspiracy theorist and I don't think our govt. is trying to mislead us. But the tendency to err estimates to the eternal glory of the bull market seems to be firmly set in place. I hope I am just imagining this.
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