Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: gronieel2 who wrote (171140)	7/30/2014 9:54:17 AM
From: locogringo	3 Recommendations Read Replies (1) of 224786

The increase exceeded economists’ expectations and further cemented their views that the decrease in America’s overall output during the first quarter was most likely a fluke tied in large part to unusually stormy winter weather as well as other anomalies. A NYTimes piece for TRUTH AND FACTS? Are you kidding or what? This was already debunked since Canada was colder and had worse weather and they did not even try to use such a pathetic excuse. DUH? "The numbers keep getting worse, but the mainstream economists remain on message and are continuing to blame “bad weather” as the cause of the slide. Looking at the last 25 years of GDP results, why is it that no other non-recessionary quarter saw a 2.9 percent drop due to weather? Was the winter of 2014 the worst winter in 25 years? So bad, in fact, that it succeeded in driving down economic growth by almost 3 percent in a non-recessionary quarter while the 25 previous winters failed? Or perhaps all the bad winters just happened to occur during recessions. That seems a bit unlikely." bastiat.mises.org

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