Are official GDP growth statistics wrong? (user search)
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  Are official GDP growth statistics wrong? (search mode)
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Author Topic: Are official GDP growth statistics wrong?  (Read 2990 times)
Queen Mum Inks.LWC
Inks.LWC
Atlas Superstar
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Posts: 35,011
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Political Matrix
E: 4.65, S: -2.78

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« on: August 03, 2008, 01:08:09 AM »

Uh, it wasn't just "made up" for political gain. The only people who would suggest that are far leftists who've been craving a recession for months now.

What, are you stupid?  Why aren't you helping the cause and FORCING the evidence to fit the media's reports that we're in a recession.  You wouldn't want people to ... find out that we're not in a recession ... do you?

It's sad that we even have this thread titled as it is.  It shows that Liberals REFUSE to accept that we're not in a recession.
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Queen Mum Inks.LWC
Inks.LWC
Atlas Superstar
*****
Posts: 35,011
United States


Political Matrix
E: 4.65, S: -2.78

P P

« Reply #1 on: August 03, 2008, 02:26:10 PM »

Most likely not, but I won't be surprised if the CPI basket is somehow dealt with, making real GDP a lot lower than it is.

Remember the Soviets were so accustomed to giving false data they had to spy on the CIA to see what their spies were estimating about the Soviet economy.

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I guess things are going swell down in Michigan, with Help Wanted signs everywhere and construction sites dotting every block. In fact I hear that GM stock price has soared lately.

A one state recession doesn't mean that the whole nation is in a recession.  Buy GM stock now - it's low!!!
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Queen Mum Inks.LWC
Inks.LWC
Atlas Superstar
*****
Posts: 35,011
United States


Political Matrix
E: 4.65, S: -2.78

P P

« Reply #2 on: August 03, 2008, 03:12:41 PM »

A one state recession doesn't mean that the whole nation is in a recession.
Economic confidence isn't exactly swelling right now...what with thousands being thrown from their homes and credit card bills piling up.

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Better  hope they're the ones who can find some good ways to use alternative energy!
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Queen Mum Inks.LWC
Inks.LWC
Atlas Superstar
*****
Posts: 35,011
United States


Political Matrix
E: 4.65, S: -2.78

P P

« Reply #3 on: August 04, 2008, 02:03:52 AM »

Most likely not, but I won't be surprised if the CPI basket is somehow dealt with, making real GDP a lot lower than it is.

Remember the Soviets were so accustomed to giving false data they had to spy on the CIA to see what their spies were estimating about the Soviet economy.

Quote
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I guess things are going swell down in Michigan, with Help Wanted signs everywhere and construction sites dotting every block. In fact I hear that GM stock price has soared lately.

A one state recession doesn't mean that the whole nation is in a recession.  Buy GM stock now - it's low!!!
Because all cars in 10 years will magically be run off of hydrogen-coal bunny fuel!!

So, what are you saying, GM will just continue to make gasoline-powered cars, and die out as a company, and Ford and Chrysler will do the same, leaving foreign companies as the only auto providers?
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