Get your facts first
and then you can distort them as much as you please
Mark Twain
If US GDP grew 2% in 2007
as the economy created 1,300,000 new jobs
and 2008 GDP growth was 1.3%
but the economy lost 2,600,000 jobs
how could the Bureau of Labor Statistics
Birth/Death job growth benchmark guestimate revision
in January 2008
only fall to 356,000
from 378,000 in 2007?
A man generally has two reasons for doing a thing
one that sounds good and a real one
J P Morgan
Is it conceivable
that the Birth/Death adjustment
could add 904,000 hypothetical jobs in 2008
on top of 883,000 in 2007?
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