[ChildOfThe60s]

Last month was revised to a decline of 2.1% from a decline of -1.5%.

For the math challenged that constitutes a 40% net revision in the *bad* direction.

40%? Start calculating all of these monthly statistical revisions coming from the government. Not only are they always to the worse side of the equation, look at the percentage that they are off. We have moved out of the realm of legitimate error into the area of out and out propaganda.

[cuban leaf]

—We have moved out of the realm of legitimate error into the area of out and out propaganda.—

Personally, I think we did that years ago. Google Hedonics. It’s fascinating.

[steve86]

We have moved out of the realm of legitimate error into the area of out and out propaganda.

Was the same under Bush, especially employment statistics. In fact, Elaine Chao perfected the art of manipulational presentation while on CNBC the first Friday of each month.