WhatFinger

Downward revision.

Commerce Dept.: Oh hey sorry, the economy actually shrank 0.7 percent in 1Q 2015


Commerce Dept.: Oh hey sorry, the economy actually shrank 0.7 percent in 1Q 2015It's certainly not the first time this has happened. In fact, the downward revision has become something of a tradition during the Obama presidency. No matter how bad the initial news is, the reality can always turn out to be even worse. And with these people running the show, you can usually count on it.
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