Revised estimate says economy shrank 2.9% in 1Q, worst drop since ’09

Revised estimate says economy shrank 2.9% in 1Q, worst drop since ’09. When socialism works, nothing and nobody else does. Another Recovery Bummer! Unexpectedly!

Author: Bonfire of the Absurdities

After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances. View all posts by Bonfire of the Absurdities