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7.2% gdp growth--look at these numbers

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swinney Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 03:07 PM
Original message
7.2% gdp growth--look at these numbers
misleader.com/pdf/specialreport2_secrecy.pdf

Gene Sperling comments. good.
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patdem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 03:08 PM
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1. swinney...please put the www. before the link so it will be a link...
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BlueEyedSon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 03:11 PM
Response to Original message
2. Dunno what this has to do with GDP growth, but WOWIE!
Edited on Fri Oct-31-03 03:11 PM by BlueEyedSon
The birth of our need-to-know democracy.
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stewert Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 03:17 PM
Response to Original message
3. Link........

www.misleader.com/pdf/specialreport2_secrecy.pdf
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NewYorkerfromMass Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 03:18 PM
Response to Original message
4. I'm curious about local anecdotes re: the GDP numbers
any DU observations to support or refute the "recovery". NYC sure isn't doing very well.
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Frodo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 03:23 PM
Response to Reply #4
5. Actually
New York has seen the first uptick in coincident economic indicators since the month Bush was "selected".
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junker Donating Member (403 posts) Send PM | Profile | Ignore Fri Oct-31-03 03:39 PM
Response to Original message
6. real number analysis here today
check out geo ure's site
he ran the numbers himself and it is no where near 7 per cent.

http://www.urbansurvival.com/week.htm
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jafap Donating Member (654 posts) Send PM | Profile | Ignore Fri Oct-31-03 04:05 PM
Response to Reply #6
7. kinda junky (sorry (twice))
He/she runs the numbers comparing 2002Q3 to 2003Q3, but the 7.2% is from Q2 to Q3 of this year, not a comparison to last year. So he/she needs to start over.
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EdGy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 04:31 PM
Response to Reply #6
8. look at the excel spreadsheet itself
yes, he's comparing to last year's figures. But even comparing to the previous quarter's figures things are very fishy.

He's right, there is no baseline, no data provided.

And the particular sector breakdown he does is VERY interesting and telling.

According to the numbers, national defense spending did not increase at all from last quarter???

All in all after looking over the spreadsheet tables my suspicions are very much confirmed. I think that, just as with WMD in Iraq and other examples of the Bushies fudging and faking data to make their political points, this too is BS...
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