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Re: "With a stroke of a keyboard, GDP has been revised UP by..."
According to today's report, things have never been better! How convenient, just before the elections. It's amazing what you can do with a magic inflation wand. When money is cut in half and prices and earnings double, it sure looks like the economy is twice what it was! Abracadabra!
Woo-hoo, everything is going up.
And you can always revise it next year. I wish I could run a business that way. Listening to Yellen makes me vomit every time.
Oct 04 · 2 months ago
With a stroke of a keyboard, GDP has been revised UP by trillions or so, erasing a recession, and making the economy look far better for incumbent party in the election. This move is worthy of the Soviet Union! God help us. I don't like the alternatives, but at this point the Central Committee presents a clear danger. Most people worry about other things, but I worry about ra 'financial accident' that will take us back to stone age. That, and killing people. Not clear which fascist...