Re: US economy grew 1.3 percent rate in second quarter US economy grew 1.3 percent ra
Originally Posted by Xcali
I'm not saying it is a one time occurrence. They release a estimated number based on what they have at that time. Later, as they get more information they revise their previous numbers. The fact that it consistently goes downward only says the economy is not as strong as they had projected. It's the same process they used in previous administrations and you don't hear about it from the Media because it's not an Issue .
It's an EVERY TIME OCCURENCE. GOT IT!!! This isn't just someting happens occasionally, it's happened EVERY SINGLE TIME THE OA'S EXPERTS HAVE RELEASED THESE NUMBERS - WITH NO EXCEPTIONS. Stop trying to minimize this issue and start using your brain. When you screw up one of the key parts of your job every time for 3 1/2 years, then there's a problem with your job performance. When you're the boss and the people who work for you do this and you do nothing to correct it, then there's a problem with your leadership. It is an issue, because the OA is allowing inaccurate information to be spread and doing nothing to correct it until long after the information has made it's way into the minds fo the gulllible and unknowing (that's you, just in case you were wondering). When you get fed wrong information and the guy who should be handling the situation to get the right information (by firing the people who keep screwing up and getting competent people to take their place) isn't doing anything to correct it, then you better believe that there's an issue. It's an issue of competent leadership. Good leadership takes ownership of these kind of problems and gets them corrected. Poor leadership simply ignores them if they provide a benefit to them with no regard for those they lead.
Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush
Leftists and very small children don't seem to be able to understand that the Government isn't there to "fix" the economy, anymore than a tick is there to fix your dog.~Oftencold