Is it too late to tap Dionne Warwick for Commerce Secretary?

[Kurt_and_Hunter]

Some Psychic Friends Network action might have prevented this:

The U.S. recession deepened a lot more in late 2008 than first reported, according to government data showing a big revision down because businesses cut supplies to adjust for shriveling demand.
...
The sharply lower revision to a decline of 6.2% reflected adjustments downward of inventory investment, exports and consumer spending.

The report showed businesses inventories shrank $19.9 billion in the fourth quarter, instead of rising by $6.2 billion as Commerce originally estimated.
...
Fourth-quarter investment in structures decreased 5.9%. Equipment and software plunged 28.8%.

http://www.calculatedriskblog.com/2009/02/gdp-revision-q4-gdp-declined-at-62.html

In the big picture this revision is kind of robbing Peter to pay Paul. Everyone knew inventories had to decline so the downward revision in Q4-2008 will probably increase estimates for Q1-2009 a little bit. (Some inventory reductions anticipated for Q1-09 actually took place in Q4-08 but were initially missed.)

[TechBear_Seattle]

1. The Psychic Friends Network went out of business due to "unforseen circumstances"

True story.

[MiniMe]

2. Perhaps Transportation would be better.....

After all, she is looking for the way to Santa Fe

[sufrommich]

3. Thank you, now I've got that song hopelessly stuck in my head. nt

[MiniMe]

5. Sorry

:evilgrin: :rofl:

[HiFructosePronSyrup]

4. It's never too late to tap Dionne Warwick.

[treestar]

6. She doesn't even know the way to San Jose