Economy Grows 1.9%

[delayjf]

http://biz.yahoo.com/ap/080731/economy.html?.v=19

PA - HA HA - I stole your thunder

[ddog]

any thunder in those nbrs is a bad storm coming babe.

[wonatthewire1]

The revision game will hit it

Some saying that there was negative growth in the 4Q2007 after yet another revision

http://biz.yahoo.com/ap/080731/economy.html

I thought the revisionists were in the old Soviet Union & in China - I guess a few made it over here with the open border with Mexico

[wonatthewire1]

I know it is a hot topic on the board but rather meaningless overall

What I really know is that the markets are net negative over the last 8 years; might need a new economic team in Washingtoon

[rastajenk]

Maybe if more people stopped relying on Washington to steer the ship, more poeple would be better off.

[wonatthewire1]

Originally Posted by rastajenk

Maybe if more people stopped relying on Washington to steer the ship, more poeple would be better off.

In some cases that is true - like, the govt bailing out the banks, investment brokers and homeowners...nanny state redefined!

But also, those in Washingtoon grabbed the power to be that entwined - and basically, we the people allowed them to do so...by reelecting them and/or allowing a two party system to run the show.

Not even really two parties - the same party with two different names - sort of like identical twins

[DJofSD]

Not even really two parties - the same party with two different names - sort of like identical twins

Two piles sitting in a pasture: one from a cow the other from a horse.