GDP data overstates economy's health...lolSubmitted by Jim Brown on Sun, 01/31/2010 - 22:39
"But when you look a little more closely at the numbers, it quickly becomes apparent that it’s hardly time to start breaking out the champagne. A big part of the latest GDP gain comes from a statistical adjustment for changes in inventory levels that don’t reflect real growth."
This is the same report that in the 3rd quarter of 2009 reported 3.5% eventually revised to 2.2%
Liars figure and figures lie.