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Maven: More GDP Follies

 

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Eleanor Roosevelt once said, "You must do the thing you think you cannot do." In The Business Press Maven's case, that would mean speaking kindly of the business media's coverage of gross domestic product, but -- look Eleanor, I'm sorry -- their coverage stinks.

Yet Another Revision

Once again this week, we got a major revision of GDP -- a majorly major one. Loyal readers -- really, who isn't? -- know that this is part of a pattern. A pattern that makes The Business Press Maven want to rend his garments and throw himself in a lake. ...

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