Wednesday, June 25, 2014


Am I the only person slightly concerned about this whole economy contracting by 2.9% in the first quarter of 2014?

It's not all "weather related". The weather doesn't drop your GDP by 2.9%. Or as Reuters puts it:
While the economy's woes have been largely blamed on an unusually cold winter, the magnitude of the revision suggests other factors at play beyond the weather.
No kidding? The weather isn't entirely to blame? I think we need to deploy a hashtag. Remember #BringBackOurGirls?. If we have another quarter of negative GDP, that's a recession.

Yeah, I think it's time for #BringBackOurGDP.

1 comment:

  1. Obviously, what we need to pull the economy out of this slump is a massive tax on carbon.