More "recovery" spin............from Rico

I listened to the "news" today that said: July's total housing starts were UP 1.7%. Swell. July's 546,000 housing starts were UP from June's 537,000. Happy days! Good news, eh?
We're getting better. Rejoice Comrades! This news is double-plus good!!!

The ONLY problem is it's a LIE!!

The 'official' number that was originally anounced was 549,000 last June. Had the number not been quietly 'revised' downward to 537,000 later, we would have had 'bad' news today of a DROP in housing starts. Only 3,000 units...but negative news is not allowed, so instead we have a minor INCREASE thanks to the magical mathematics of officialdom.

Along with neglecting to inform us of June's 'official' numbers versus July's 'official numbers, the mildly bothersome fact that the July 2009 number was [drumroll] 587,000 was ignored.
- Also ignored in magic unicorn land was the administration's 'expectation' that this July's number would be around 565,000. Oooooopsie!

Ya just gotta love the 'official' crap we're being fed on a regular basis these days.