GDP figures
Posted: Wed Jan 30, 2013 7:05 pm4th quarter numbers came in WAY under estimation. Is there serious cause for concern? Was this just a "hiccup" due to sandy military cuts etc? Thought & opinions appricated
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Posted: Wed Jan 30, 2013 7:05 pmRe: GDP figures
Posted: Wed Jan 30, 2013 10:05 pmWe're 6 years into what will prove to be a multi-decade depression that is temporarily and artificially mitigated to a nominal recession by 6 trillion and counting in government financed spending. If you correct the GDP for true inflation we've been shrinking for almost all of those 6 years. It's the new norm.