You’re probably one of those silly rubes who heard that the economy shrank by 2.9 percent in the first quarter and thought that was a bad thing. Well, Vox is here to set you straight:
5 reasons why the shrinking GDP isn't a reason to panic http://t.co/Hb206xpKCJ
— Vox (@voxdotcom) June 25, 2014
Oh?
Tell me this is a joke. RT @voxdotcom: 5 reasons why the shrinking GDP isn’t a reason to panic http://t.co/Y3PwDepmQ6
— Jerome Hudson (@JeromeEHudson) June 25, 2014
Nope, no joke. According to Voxsplainer Danielle Kurtzleben, the terrible, horrible, no-good, very bad news about the economy is nothing to lose sleep over. And here’s why:
1) “The job market looks OK.” (Don’t worry, she uses charts.)
2) “A lot of it was weather.” (Because of course it was.)
3) “Healthcare is still doing fine.” (Because of course it is.)
4) “Inventories fell by a lot. That’s temporary.” (Sounds legit.)
5) “The future looks bright.” (We gotta wear shades!)
Voxsplanations really are the best.
https://twitter.com/ChangeHopeless/status/481857718601658368
Shrinking economies are awesome! RT @voxdotcom: 5 reasons why the shrinking GDP isn't a reason to panic http://t.co/qYvussIbhk
— Underdog (@rdbrewer4) June 25, 2014
https://twitter.com/seanmdav/status/481847578217050112
@seanmdav @voxdotcom Sleazy mob lawyers have nothing on these guys. They'll say anything to defend their clients.
— Jon Munce (@jonmunce) June 25, 2014
Recommended
One reason your site's a joke MT @voxdotcom 5 reasons why the shrinking GDP isn't a reason to panic
— Kim Jong-unthony Bialy (@AnthonyBialy) June 25, 2014
@iowahawkblog it's ridiculous..how long can folks like @voxdotcom keep spinning this garbage?
— Derek Ciapala (@dciapala) June 25, 2014
As long as it takes.
Q for Vox-ish types: How much of a hit to GDP *would* justify a little panic?
— Allahpundit (@allahpundit) June 25, 2014
https://twitter.com/JohnG405/status/481846404524957698
Funtraction! RT @JohnEkdahl: Love you guys. RT @voxdotcom: 5 reasons why the shrinking GDP isn't a reason to panic http://t.co/Vwm1sb01Pb
— Ed Morrissey (@EdMorrissey) June 25, 2014
https://twitter.com/ShawnWard2006/status/481847193364856835
FEAR NOT YE IGNORANT MASSES! RT @voxdotcom: 5 reasons why the shrinking GDP isn't a reason to panic http://t.co/BzJLjcEMcJ
— Dr. Kankokage (@kankokage) June 25, 2014
@JohnEkdahl they're like a caricature of themselves @voxdotcom
— Jay Boren (@borenjay) June 25, 2014
https://twitter.com/Matthops82/status/481848676319387652
Weather. LOL RT @voxdotcom 5 reasons why the shrinking GDP isn't a reason to panic http://t.co/1VhzmFNK31
— Let's all calm down (@NikVanHelsing) June 25, 2014
https://twitter.com/1979amish/status/481848105579839489
Ahem. For the record:
https://twitter.com/NoahCRothman/status/481848643721637888
Winter 1985 was colder than winter 2014; #GDP expanded at 4% rate in Q1 1985- plunged 2.9% in Q1 2014. #GDP #Vortex pic.twitter.com/7gL2kPi8KS
— Stephen Moore (@StephenMoore) June 25, 2014
OK, well, something else must be going on:
https://twitter.com/justkarl/status/481850528159105024
Snort.
https://twitter.com/AndrewStilesUSA/status/481854810720043008
https://twitter.com/TheRealBepo/status/481857235942133760
https://twitter.com/GlomarResponder/status/481857510890938369
Keep up the great work, Vox!
https://twitter.com/justkarl/status/481848695483154433
https://twitter.com/CuffyMeh/status/481848429606608896
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Related:
‘1937 all over again?’; GDP numbers revised, Obama’s wreckovery worsens
‘Any regrets, Brad?’ Wreckovery news promptsbrutal Woodhouse O-care flashback
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