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View Full Version : Well at least we now know the DOC are bunch of liars


Rubber Duck
23rd December 2008, 01:05 PM
http://www.reuters.com/article/businessNews/idUSTRE4BM2WI20081223

It is bloody lucky Americans cannot do basic arithmetic.

If consumer spending which account for three quarter of GDP drops 3.8%, then by how much does GDP contract?

0.5% or more accurately whatever figure the White House gives you to publish! :lol:

I am guessing here but to square this all the money Bernanke is creating and pumping into market liquidity must also be included in the figures?

later777
23rd December 2008, 01:33 PM
They have to keep lying. Truth is too scary. Besides, give them a break:). They are just working there. They have no real power over anything themselves.:cool: