Monday, July 27, 2015

Reality Check: "Best July in a Decade"

July 27, 2015
Calculated Risk: Vehicle Sales Forecasts for July: Over 17 Million Annual Rate Again, Best July in a Decade

If you look at your paycheck, expect it to grow with inflation, and you see that it is pretty much the same nominal amount that it was a decade ago, then which phrase would you likely say?

1. "Best July in a Decade"
2. "F%^k that s%^t!"

If you look at vehicle sales, expect it to grow with the population, and you see that it is pretty much the same nominal amount that it was a decade ago, then which phrase would you likely say?

1. "Best July in a Decade"
2. "F%^k that s%^t!"

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