A new report out from the government's Bureau of Economic Analysis revised Q3 GDP growth upward.
GDP beat second quarter estimates of 1 percent easily. However, the BEA revised first quarter growth down from 1.7% to 1.1%. Is this a good thing, a bad thing, or nonsense?
What that means is that there isn't much of a multiplier effect for the economy from quantitative easing - it basically boosts the economy by $1 for every $1 worth of quantitative easing the Fed does.
Pavlich Talks 'Assault and Flattery': "There Certainly is a War on Women and it’s Being Waged by the Left" | Cortney O'Brien
Facebook Removes Teen's Hunting Pictures; Keeps Up Page Advocating for Her Murder | Christine Rousselle
Better Than Obamacare: Health Savings Accounts Would Be Free From Government Control | Dr. Ben Carson