Wednesday, June 24, 2015

6/24/15 So you think the economy is doing poorly with -.2% growth? Think again.


Here is the same exact data excluding business inventory changes.  Doesn’t look bad at all.



Here is the same exact data excluding both business inventory changes and exports.  Doesn't look bad at all.

 
 
Oh.  You want higher growth.  How about five percent?  Note how the line crashes after exceeding 5%.  I am for slow and steady.

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