The Spin (consumer spending increased!) “Though cautious, consumers are holding up despite high personal debt, a tight job market and hard-to-get credit. A government report out Wednesday is expected to show consumer spending rose 0.5 percent in October, compared with… Read More ›
GDP
3.5% GDP Growth? Try only 0.5%
Q3 GDP up 3.5% over prior quarter is being pitched as the economic turn of the tides. The recovery is here, break out the champagne. The problem is, the mainstream media never actually looks at the numbers. They just get… Read More ›