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To: Petz who wrote (256586)10/9/2008 11:02:47 PM
From: economaniackRead Replies (1) | Respond to of 275872
 
Actually if you read the pages you link to you will discover that the state and metro numbers are simply adjusted to match the national GDP calculation. In fact the metro numbers are not calculated independently at all but are simply assigned a portion of State GDP based on various demographic factors.

Pretty much everyone I know expects the Q2 number to be adjusted down, the Q3 number to show negative growth and the Q4 number to be godawful.

e



To: Petz who wrote (256586)10/10/2008 12:18:28 AM
From: titon1Respond to of 275872
 
So you are predicting that Obama's/McCain's first quarter of GDP data will show -50% annualized growth because they'll announce that the previous 32 reports were all lies?

When did the lies start, BTW?

Yup, pretty much so! All lies and manipulation, like the stock market. Some history here:
shadowstats.com

Oops, we're in America, it will never happen here!


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