Monday, May 16, 2011

TE;MC

That's my TL;DR equivalent for the disturbing blasts of WTF that National Public Socialist Radio throws at me in the early morning.  Too Early;More Coffee.

The WTF this morning is some economic forecast group changing their growth forecast down from 3.2-ish to 2.85-ish (again, TE;MC).  Weird thing is that job growth is up, unemployment down, in this lower growth forecast.  Consumer spending down, though.

Do you see the WTF?  How the hell were we supposed to have gotten that jobless spending growth in the earlier forecast?  Did the yacht bubble not happen?  Does this jump out at anyone else as somehow just facially wrong?  Not incorrect wrong--Celine Dion's cover of "Highway to Hell" wrong.

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