Data shift to lift US economy 3%

ksammut

In case you have not seen this article:

Data shift to lift US economy 3%

Edit: Sorry. I was able to read the story without subscribing. It came right up when I clicked on the original link. FT is free to subscribe to. There are a lot of great investing articles. I just changed the link. See if this one works without you having to subscribe.

C0INB0Y

Subscription needed.

But let me take a WAG:

The Govt. has shifted the Deck Chairs around, despite the fact that only 15 levels below deck, ice cold sea water is pouring through the 200ft gash in the hull?

mrpaseo

<< <i>Subscription needed.

But let me take a WAG:

The Govt. has shifted the Deck Chairs around, despite the fact that only 15 levels below deck, ice cold sea water is pouring through the 200ft gash in the hull? >>




If you move enough deck chairs to port, you can get the lean you need to pull the gash on the starboard side out of the water thus eliminating the influx of ice cold sea water. Spin it until they believe it!

mrpaseo

I just registered (Free) so I could cut and paste here but the site has a disclaimer that says:



<< <i>Copyright The Financial Times Limited 2013. You may share using our article tools. [which basically makes you sign up, though they do have a free level]
Please don't cut articles from FT.com and redistribute by email or post to the web. >>



Basically they are re-writing the way they calculate the economy to include things that they did not include before and they will backdate the information back to 1929.



<< <i>The US economy will officially become 3 per cent bigger in July as part of a shake-up that will see government statistics take into account 21st century components such as film royalties and spending on research and development. >>



That's it in a nut shell.

C0INB0Y

Its 100 ft long on Port, 100 ft long on starboard.

But it is unsinkable, ya know .....until it sinks...

C0INB0Y

<< <i>Its 100 ft long on Port, 100 ft long on starboard.

But it is unsinkable, ya know .....until it sinks... >>



What Ice Cold Sea Water looks like

Unknown

This content has been removed.

ebaytrader

If they'd include 'goodwill' and 'blue sky' I'd be wealthy enough to buy that mansion in foreclosure down the street.

derryb

<< <i>The US economy will officially become 3 per cent bigger in July as part of a shake-up that will see government statistics take into account 21st century components such as film royalties and spending on research and development. >>


This will only increase the gap between looking better and actually being better.

ricko

Just another attempt to make the public believe the economy is recovering...Cheers, RickO