Economy's Growth Rate Revised Downward to 2.2% Pace

And that's the optimistic projection.

Put everything you own into the market now before you lose your chance to lose everything!!

If you put anything into the market now, you are guaranteed to lost at least half of it over the next few months.

Every quarter they seem to be correcting their numbers for the worse. What the heck?

JUst wait for the doom from this the last quarter of 2009.

This may be part of the reason for pushing this health care bill out now.

Information is worse then expected

The first GDP number to come out is the one the 'market' watches. So it's always 'better than expected' in order to send the DOW, S&P, oil, etc. soaring.

The later downward revisions get lost in the noise of other data. However, the NEXT GDP number is based on the final number for the previous quarter. This final number comes in low so that the NEXT GDP number can also come in 'better than expected'.

Rinse, repeat.

AND this is with the Government pumping money into the economy. Imagine if they DIDN'T.

BTW...that money that they are pumping into the economy AIN'T free...the taxpayers will eventually foot the bill for it.

The "growth" in our economy is kin to a dead possum on the side of the road, swelling bigger and bigger....cause it's ROTTING!

Somebody stick a fork in us, please!

Remember that the government always "seasonally adjusts" ALL economic numbers upwards.

There is never any seasonal adjustments downwards to provide the average balance they imply.

In other words, it's all a lie.


Anyone believing we have actually had any growth demonstrates they know how to drink the kool aid. This is a consumer economy. Consumer spending is down dramatically, but the economy is growing at a near record pace? And every week, another 500,000 lose their jobs? Though we are told job losses since Obama took office are only 4 million (2 months worth of job losses)?

Does anyone not see the obvious deception?

I enjoy seeing people grunt,squeal and suffer like pigs

Tell the people who are trying to sell their upside down houses that real estate is rebounding.

Tell the retailers that are closing retail sales are up.

Tell the mall owners trying to lease empty spaces that the recession is over...

How stupid does the government think people are? Obama's policy is to keep telling lies until people believe them and can no longer distinguish simple truth.

You are wrong.

What better way to send a message, pull your stocks and money out of the banks.

it will collapse...and obooboo will have all to himself....can't throw it at anyone...he own's it..

this doesnt pertain to me. soon enough at least. free yourself from this data. be independent . supply yourself with all your needs food/water/shelter/entertainment. because thats really all we need. and education.

I would get out at Dow 12,000.