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Airbus Fixes Mandated

December 6, 2009

This article ran in the print version of the Wall Street Journal with the headline "Airbus Fixes Mandated." After reading it, I wondered "Airbus fixes mandated what?" But I was wrong. I read "Fixes" as a verb and "Mandated" as an adjective. The headline writer had intended for "Fixes" to be a noun and "Mandated" […]

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On revisions, episode IV (A New Hope?)

May 28, 2009

Durable goods +1.9% vs 0.5%! Durables ex-transportation +0.8% vs -0.3%! Initial jobless claims 5k under expectations! The headlines looked pretty good at 8:30 am, until you took a look at the revisions. Indeed, today's economic numbers serve as yet more examples of creating the false perception of growth by changing the past. Durable goods orders were […]

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