Thursday, September 27, 2012

The Obozo Promise: Dust and Ashes

Noted this morning:

The government cut its calculation of U.S. growth in the second quarter to 1.3% from 1.7% in its third and final review, citing less consumer spending and business investment than previously estimated. Consumer spending rose 1.5% in the previous quarter instead of 1.7% as initially forecast. And business investment, excluding residential housing, was revised down to a 3.6% increase from 4.2%

Oh, yah.  Four More Years!!!  Then we, too, can be Spain.

HT:  Zippers


Jim said...

Revised BLS job numbers are out, too!

Dad29 said...

Yup. About 30,000 more added jobs/month than originally reported.

Pissing into a forest fire.