Experts Revised Economic Data Back to 2007 When the Leftists Took Over Congress

Experts Revised Economic Data Back to 2007

RUSH: Reuters: "The economy grew less than expected in the second quarter as consumers' spending barely rose amid higher gas prices. Growth braked sharply in the prior quarter, government reports showed Friday." Let me tell you something. This GDP rate's 1.3%. The first quarter revised down to 0.4%. This is lower than the recent predictions which were just lowered. This is worse than what they thought it was going to be. Remember, yesterday I advanced the possibility that the numbers today were going to be better than they thought, but I was wrong.

It was not a trick. It's worse than they thought it was going to be. They're not only revising, let me tell you something, folks. It's worse than you think. Not only did the second quarter growth rate come in at 1.4 and the first quarter revised down to 0.4%, but Reuters says in this story, they're going back and they're revising down economic growth all the way back to 2007 in this story. The revisions go back four years, which means we have been lied to for four and a half years. It means that even economic data can be racist. Well, when you lie about Obama's economic policies it's racism. If you disagree with Obama, it's racism. So the economic growth is racist.

Exactly as I predicted would happen, Obama's out there now saying that the recession was far worse than they had realized. The point of going back to 2007 is to cement the whole notion that Bush did it, to cement the whole notion that this is Bush's problem. But doesn't all of this mean that the economists have been incredibly wrong for four years in a row now? Nope, it's not Bush. We have been lied to about the GDP since 2007. That's when the Democrats took control of Congress, and that's the key. Not Bush. Pelosi and the Democrats took control of the House in 2007 after the 2006 elections. That's when the lying about economic growth began.

By "lying" I mean by official government reports, official government statistics. Everything we heard from 2007 until today was a lie. It's been revised down today. It was much worse, and it coincides with the Democrats taking office.