Bernstein Roemer News Today

Administration doesnt know about them like yesterday. lets talk about revisions, its interesting. when mitt romney says 8%, there is something else going on than what we talked about in the opening. 8% was the number the unemployment number the obama administration in december of 2008 before they came in office, said unemployment wouldnt get to if we passed the stimulus. this was the bernstein-roemer paper. it says the economy was shrinking at 3.8%. that is bad, its not unbelievably bad but bad,...

Because its actually interesting. when mitt romney says 8%, there is something else going on than what we talked about in the opening here. 8% was the unemployment number that the obama administration in december of 2008, before they came into office, said unemployment wouldnt get to if we pass a stimulus. this was the bernstein-roemer paper. we had preliminary gdp numbers for the fourth quarter 2008 and it said the economy was shrinking at 3.8%. thats bad, not unbelievably bad but its bad. they...