LMAO... Even Mr Yellen is trumpeting the mean ole weather excuse for everything wrong about our poor economic reports. So now GWB has a partner in crime.
The weather is to blame
-Geaux
Blame it on the Weather? Not so Fast
By BlackRock, February 28, 2014, 01:43:22 PM EDT
Blaming the weather seems like a weak excuse for poor performance. Yet, that is what many economists have been doing lately , as they try to explain a slew of weaker - than - expected reports about the U.S. economy.
U.S. economic data has been coming in soft since the start of the year, and a measure of how well economic data is performing relative to forecasts recently hit its lowest level since last summer. Most economists seem to be attributing the soft patch to the lingering effects of the Polar Vortex , a weather pattern responsible for frigid temperatures and unusually heavy snow throughout much of the United States.
Read more: Blame it on the Weather? Not so Fast - NASDAQ.com
The weather is to blame
-Geaux
Blame it on the Weather? Not so Fast
By BlackRock, February 28, 2014, 01:43:22 PM EDT
Blaming the weather seems like a weak excuse for poor performance. Yet, that is what many economists have been doing lately , as they try to explain a slew of weaker - than - expected reports about the U.S. economy.
U.S. economic data has been coming in soft since the start of the year, and a measure of how well economic data is performing relative to forecasts recently hit its lowest level since last summer. Most economists seem to be attributing the soft patch to the lingering effects of the Polar Vortex , a weather pattern responsible for frigid temperatures and unusually heavy snow throughout much of the United States.
Read more: Blame it on the Weather? Not so Fast - NASDAQ.com