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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (496193)7/18/2009 1:27:33 PM
From: Steve Dietrich  Read Replies (2) of 1571775
 
When the stimulus package was designed and passed, the estimate for Q4 '08 GDP was -3.8%. Calculations and projections were based on that number.

Since then Q4 '08 GDP was revised down to -6.2%. That's a huge negative revision, and it rendered all previous projections obsolete.

In the real world, things change, and you and you adjust to those changes.

SD
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